> we won because we started at the right time and we had taste.
2012, https://a16z.com/announcement/github/
We just invested $100M in GitHub. In addition to the eye-popping number, the investment breaks ground on two fronts:
It’s the largest investment we’ve ever made.
It’s the only outside investment GitHub has ever taken.
Six years ago we invested an “eye-popping” $100 million into GitHub. This was not only a Series A investment and the first institutional money ever raised by the company, but it was also the largest single check we had ever written.. At the time, it had over 3 million Git repositories — a nearly invincible position.. if I ever have to choose between a group of professional business managers or a talented group of passionate developers with amazing product-market fit like GitHub, I am investing in GitHub every time.