PinnedSoFi’s IPO: Growing into a one-stop shop to “get your money right”In 2012, DCM co-led the $77 million Series B round for a company called Social Finance Inc., now better known as SoFi, and DCM General Partner & Co-Founder David Chao joined the board. At the time we invested, it was still early days for Fintech and many consumer lending companies…IPO3 min read
Apr 13DCM Newsletter — Q1 2022Firm News DCM hiring for U.S. Associate DCM is looking for its next investment Associate to help us empower the global ambitions of inspired entrepreneurs. This is a rare opportunity to work at a boutique, early-stage, cross-border venture firm that operates across the US, Japan and China as “one team, one fund”. …4 min read
Jan 11DCM Newsletter — Q4 2021Firm News DCM named as founder-friendly investor by Inc.; Also named popular VC by Entrepreneur China DCM was recently named a top VC firm for entrepreneurs by Inc. and one of China’s most popular venture capital institutions by Entrepreneur China. …4 min read
Oct 12, 2021DCM Newsletter — Q3 2021U.S. Matterport goes public on Nasdaq Congratulations to Matterport (Nasdaq: MTTR) on going public! The spatial data platform went public in July through a SPAC transaction valued at $3B. DCM led the Series B in 2014. For some more information on our journey with Matterport, check out our blog post. READ…4 min read
Jul 23, 2021Matterport Going Public to Fuel Digitizing the Built WorldToday, Matterport goes public on the Nasdaq, a ringing endorsement of its ambition to bring the built world online and make it accessible to everyone, everywhere. Matterport’s listing reflects the growth of digital twin technology and the role of spatial data in unlocking value from billions of spaces worldwide. …3 min read
Jul 8, 2021DCM Newsletter — Q2 2021DCM’s Global Approach with Business Insider In the past 2 years, DCM has had 12 portfolio companies go public across the US, China and Japan. In particular, the Kuaishou IPO drove our 2014 Flagship Fund to become one of the top performing venture funds in recent times. …4 min read
Published in The Global Frontier·Jun 7, 2021Mendel: Doubling Down on AI & RWEBy Kyle Lui, Partner at DCM As many parts of the world start to recover from the pandemic (while in many countries, the virus is still very much a daily threat), I continue to be amazed at the wonder of science and technology. In less than 2 years, a number…2 min read
Apr 6, 2021DCM Newsletter — Q1 2021DCM is proud to stand up and speak out to #StopAsianHate. Together with other Silicon Valley leaders, we raised $5M for organizations like StopAAPIHate.org. To learn more about what fighting racial injustice means to DCM, read more here. Inside DCM’s Record IPO Streak In the past two years, DCM has had 14 combined IPOs and…4 min read
Mar 2, 2021Crunchbase Blog: 4 Things Entrepreneurs Must Know In Today’s EnvironmentBy David Cheng, Principal at DCM — When the pandemic first halted travel and in-person meetings, many speculated how the venture capital industry would respond. While deals have been historically tied to face-to-face meetings, the industry quickly adapted. By the third quarter of last year, U.S. VC fundraising set new records, and U.S. …4 min read
Published in The Global Frontier·Feb 5, 2021Kuaishou’s IPO: Powering Authentic ExpressionIn July 2014, DCM led the $20 million Series B round of a little-known Chinese short video app called Kuaishou. The company had recently launched their short, 8-second videos product when DCM GP Hurst Lin saw the huge market potential. Hurst’s deep operating experience as the founder of Sina (parent…3 min read
