Institutional
Venture Partners (IVP), one of the premier later-stage venture
capital and growth equity firms, is pleased to announce that General
Partner Todd
Chaffee has been named to the Forbes
Midas List Top Ten Founder VCs. The Midas List identifies the
venture capitalists who are providing the best returns for their
investors, while helping create the most valuable and impactful
technology and life science companies. The Midas List's Top Ten Founder
VCs List recognizes the most successful venture capitalists who are also
founders of companies. Todd Chaffee is #6 on the new Forbes list. He
founded Grand Expeditions Inc., a luxury and adventure travel company
with more than $200 million in annual revenues. Todd has led investments
in many high profile companies such as Twitter, HomeAway, LivingSocial,
Netflix, Verisign, and Yahoo. IVP is one of the top performing firms in
the venture capital industry. The firm has a 31 year IRR of 43.2% and
has more than $3 billion in committed capital. IVP targets later stage
venture capital and growth equity investments in rapidly growing
technology and media companies.
About Todd Chaffee
Todd joined IVP as a General Partner in March 2000. He has more than 25
years of operating and investment experience. Todd has led investments
in companies such as Akamai, ArcSight, Ariba, Business Insider,
ComScore, CyberSource, Domo, Digital River, Epiphany, Extensity,
Hipmunk, HomeAway, InphoMatch, Inspirato, Kayak, LivingSocial, LoopNet,
Mobile 365, Mobileway, Netflix, Nuance Communications, Omniture, Open
Market, Trintech, Twitter, VeriSign, Verisity, and Yahoo. Prior to IVP,
he was Executive Vice President of Visa, where his responsibilities
included overseeing the Advanced Technology, Strategic Planning,
Corporate Development, and Equity Investment divisions. He was also the
President of Visa Marketplace Inc. (Visa’s investment subsidiary) and
managed Visa’s global technology investment portfolio. His investments
at Visa generated more than $1.2 billion in gains, and the portfolio
produced a 32.8x multiple and a 243.4% IRR. Todd earned a B.S. with
honors from the University of Minnesota Carlson Business School and
completed the Stanford Graduate Business School Advanced Management
Program, in addition to the Harvard Business School Venture Capital
Program.
About Institutional Venture Partners (IVP)
With $4 billion of committed capital, Institutional Venture Partners
(IVP) is one of the premier later-stage venture capital and growth
equity firms in the United States. The partnership is currently
investing IVP XIV, a $1 billion later-stage fund focused on investments
in rapidly growing technology and media companies. Founded in 1980, IVP
has invested in over 300 companies, 90 of which have gone public. IVP is
one of the top performing firms in the industry and has a 31 year IRR of
43.2%. IVP specializes in venture growth investments, industry rollups,
founder liquidity transactions, and select public market investments.
Since its inception, IVP investments include such notable companies as
ArcSight (HPQ), Aspect Communications, ComScore (SCOR), Concur
Technologies (CNQR), Digital River (DRIV), Dropbox, HomeAway (AWAY),
Juniper Networks (JNPR), LegalZoom, LivingSocial, MySQL (ORCL), Netflix
(NFLX), Polycom (PLCM), Seagate (STX), Shazam, Synchronoss (SNCR), Tivo
(TIVO), Twitter, and Zynga (ZNGA). For more information, visit http://www.ivp.com
or follow IVP on Twitter: http://twitter.com/ivp.
