CapitalG

Welcome to the #CapitalGfamily, Fabien Pinckaers and Team Odoo, and thanks for the great piece in CNBC, Ryan Browne. We are excited to co-lead this investment alongside Sequoia Capital. https://lnkd.in/eNsdebBz Alex Nichols Miriam Finnemore

We're thrilled to announce CapitalG’s co-led investment in Odoo, a remarkable company redefining the SMB software landscape. Odoo’s fully integrated suite of business applications seamlessly connect and operate on a unified data model, eliminating the complexities and inefficiencies often associated with multiple disparate systems. We believe Odoo is at the forefront of a "rebundling" wave in the software industry (much like our earlier investments in CrowdStrike and Freshworks), offering exceptional ease of use, integration, and pricing for the thousands of SMBs seeking comprehensive, cost-effective solutions. We're excited to partner with Odoo's visionary founder Fabien Pinckaers, CFO Alessandro Mazzocchetti, CTO Antony Lesuisse, CCO Sébastien Bruyr, and their talented team as they continue to innovate and empower small businesses worldwide. Read more about our thesis–and this incredible company– in this thoughtful blog post by CapitalG investors Alex Nichols and Miriam Finnemore. https://lnkd.in/g7_gsKVa

Are Gen Z workers actually different? TechCrunch’s Dominic-Madori Davis dives into this topic, drawing from the panel discussion she led at #TechCrunchDisrupt2024 with CapitalG’s Lauren Illovsky, SignalFire’s Heather Doshay, and Comprehensive.io’s Roger Lee. “I think there’s an appreciation for how much they push the boundaries and force you to think,” said Illovsky. Doshay pointed out that this generation’s shorter job tenures (only 1.1 years on average) present an opportunity to think about retention in creative ways. To help attract and retain Gen Zers, Lee suggested that companies tap into their desire for workplace transparency. Read the full article here: https://lnkd.in/gmJaTWPq

What a fun day at #TechCrunchDisrupt2024 where TechCrunch's Dominic-Madori Davis discussed "How to Hire in 2025" with Heather Doshay from SignalFire, Roger Lee from Comprehensive.io and CapitalG’s own talent partner Lauren Illovsky. Some of their takeaways: 🔹 How viable is remote work for startups? Remote, hybrid and all in-office models can each work, but as Heather said, “You need to be clear on your why. If you’re going remote, is it for the cost savings, so you can hire the best wherever they are, or because you want to offer 24/7 support?” Lauren added that as companies grow, openness to hybrid and remote work can sometimes be necessary in order to attract top executives who increasingly live in geographically dispersed regions. 🔹 How can small startups compete with bigger companies for talent? By emphasizing their unique culture, mission, and growth opportunities. "You may not win on comp, but you can win on what makes you special as a company and founder," advised Lauren. Heather recommended that hiring managers employ an opportunity-based sell. “If you make it about comp, you’re playing on defense,” she said. 🔹 How can companies retain their valued talent? Building strong relationships is crucial. "If you want to retain employees, treat them as humans. Acknowledge what’s important in their lives and what they’re going through," emphasized Lauren. Understanding employee motivations and providing opportunities for growth and development are also key retention strategies. Roger recommended checking in at critical junctures, such as when a person’s close work friend or manager leave. Heather recommended using employee engagement surveys, even within small companies. 🔹 What’s the best way to manage young employees? Each generation brings unique perspectives and strengths. It's important to avoid catering exclusively to one generation and instead to create an inclusive environment in which everyone feels valued. Part of this involves composing teams that include a diverse mix of skills, experiences, and perspectives. Want to know more? Watch the full video here: https://lnkd.in/gCBExCyB #TechCrunchDisrupt2024 #hiring #futureofwork

Day 2 of TechCrunch Disrupt kicked off with an animated panel discussion about the future of go-to-market in the #AI era, led by CapitalG partner Jane Alexander who was joined by Chris Klayko (#CapitalGfamily company Databricks), Jessica Arnold (Amplitude), and Austin Hughes 🤝 (Unify). Key takeaways: ➡ AI is enhancing, not replacing, sales roles: AI is automating mundane tasks, making reps more efficient and effective and freeing time for strategic, creative and relationship-driven work. ➡ The human touch is irreplaceable: Personalization and genuine connection remain key differentiators in the AI era. As Jane aptly put it, "AI is great to automate, but humanity still matters." ➡ Data-driven decisions are the future: Chris highlighted how AI-powered tools like Databricks provide actionable insights, akin to having a "personal analyst always at your disposal." ➡ AI adoption should be strategic and incremental: The panelists advised a measured approach. As Austin put it, “The best way to win the marathon is sprint by sprint.” #TechCrunchDisrupt2024 #AI #GTM #sales #futureofwork

This year's #WSJTechLive conference in beautiful Laguna Beach was dominated by conversations about #AI's future and its potential to transform nearly every industry. Here is CapitalG AI partner Jill (Greenberg) Chase just before her lively discussion about the investment outlook for AI, data infrastructure and enterprise tech startups. Read more about the event at https://techlive.wsj.com/ The Wall Street Journal

From the introduction of Webflow Analyze and Optimize to the welcoming of GSAP, there was a lot to celebrate at this year's #WebflowConf. #CapitalGfamily Laela Sturdy Alex Nichols

Welcome to the #CapitalGfamily, Farther! Check out Katie Roof's great article in Bloomberg to find out why we're so bullish on Farther's potential to usher in a new era of wealth management.

We're excited to co-lead the Series C in #wealthtech leader Farther. Over the next two decades, $84 trillion in assets will shift from one generation to the next. Millennials and Gen Zers are looking for digitally native #wealthmanagement platforms, but they still want the personal touch of advisors. In fact, 74% of US retail investors prefer human advisors to robo-advisors. Farther's unique combination of cutting-edge technology coupled with a supportive, growth-oriented community has fueled the company's impressive growth. In the past year, their AUM has surged 5x, surpassing $5 billion. Congratulations to Taylor Matthews, Bradley Genser and the rest of the Farther team, and welcome to the #CapitalGfamily. We are excited to support your continued growth and success! #gofarther Jesse Wedler Kelly Barton Leila Ashtaryeh https://lnkd.in/gTBzn3C6

There are so many incredible growth stats shared in Whatnot's first State of Livestream Selling Report. The platform has hosted $2 billion in livestream sales thus far in 2024 alone. More importantly, sellers are building thriving businesses on Whatnot: 41% of sellers generate more than half their annual sales from live selling, 2/3 of sellers earn more than $10K a month, and 1/4 of sellers make over $300K annually. Read the full report to dig into the state of livestream selling today, including the demographics driving this large, rapidly growing market. #CapitalGfamily Laela Sturdy