# Mary Meeker

> Mary Meeker is a venture capitalist and the founder of BOND Capital, where she manages over $5.75 billion across three funds with a portfolio spanning 176 investments and 51 unicorns. Known as the 'Queen of the Internet' since Barron's coined the title in 1998, she spent 19 years at Morgan Stanley advising on landmark IPOs including Netscape and Google, then a decade at Kleiner Perkins backing Airbnb, Slack, and Spotify. Her annual Internet Trends reports, published from 1995 to 2019 and revived with a 340-slide AI Trends report in May 2025, became required reading across Silicon Valley. A data-driven pattern-finder from small-town Portland, Indiana, Meeker has spent three decades spotting the shape of tomorrow before most people recognize today.

- **Role:** Founder and General Partner at BOND Capital
- **Organizations:** BOND Capital, Defense Innovation Board (U.S. DoD), Block (board), Genies (board), OpenEvidence (board)
- **From:** Portland, Indiana, USA
- **Nationality:** American
- **Education:** B.A. in Psychology, DePauw University, MBA in Finance, Cornell University, Honorary Doctor of Letters, DePauw University
- **Known for:** Founded BOND Capital, raising $5.75B across three funds (2019-2022), Portfolio of 176 investments across 130+ companies with 51 unicorns, First investment: $70M into Canva (now valued at $30B+)

## Career timeline

- **1981** — Graduated DePauw University with B.A. in Psychology
- **1982** — Started career as a stockbroker at Merrill Lynch
- **1986** — Earned MBA in Finance from Cornell University; joined Salomon Brothers as technology analyst
- **1990** — Joined Cowen Group as technology analyst
- **1991** — Joined Morgan Stanley as technology research analyst
- **1995** — Published first Internet Trends report; helped lead the landmark Netscape IPO as Morgan Stanley managed the offering
- **1996** — Co-authored 'The Internet Report' with Chris DePuy - became 'the bible' for dot-com investors; published as a book
- **1998** — Barron's Magazine dubbed her 'Queen of the Net'
- **2004** — Served as research analyst on the Google IPO; Morgan Stanley was lead manager
- **2010** — Named one of Fortune's 'ten smartest people in tech'; left Morgan Stanley as Managing Director after 19 years
- **2010** — Joined Kleiner Perkins Caufield & Byers as Partner
- **2011** — Published 'USA Inc.' - landmark analysis of U.S. government finances as a business
- **2015** — Testified as defense witness in Ellen Pao v. Kleiner Perkins gender discrimination trial
- **2019** — Published final traditional Internet Trends report at Code Conference (June); Founded BOND Capital
- **2019** — Raised $1.25B for BOND Fund I; made first investment: $70M into Canva
- **2021** — Closed BOND Fund II at $2 billion
- **2022** — Raised $2.5 billion for BOND Fund III
- **2024** — Published 'AI & Universities' report on AI adoption in higher education
- **2025** — Published 'USA Inc. Revisited' (March) with urgent fiscal warning about U.S. debt trajectory
- **2025** — Released 340-slide 'Trends: Artificial Intelligence (2025)' report (May 30) - first major trends report in 6 years

## Achievements

- Founded BOND Capital, raising $5.75B across three funds (2019-2022)
- Portfolio of 176 investments across 130+ companies with 51 unicorns
- First investment: $70M into Canva (now valued at $30B+)
- Published annual Internet Trends reports for 24 consecutive years (1995-2019)
- Helped lead the Netscape IPO (1995) and served as research analyst on the Google IPO (2004)
- Named 'Queen of the Internet' by Barron's (1998) - a title that has endured for nearly 30 years
- Named one of Fortune's 'ten smartest people in tech' (2010)
- Published 'USA Inc.' (2011) - widely cited by policymakers as a landmark fiscal analysis
- Backed Airbnb, Slack, Spotify, Stripe, Uber at Kleiner Perkins
- Member of the U.S. Defense Innovation Board
- Released 340-slide AI Trends 2025 report, her dramatic return to trend reporting after 6 years
- Co-authored 'The Internet Report' (1996) - published as a book, became required reading for the dot-com era

## Latest updates

- **2025-05** — Released 'Trends: Artificial Intelligence (2025)' - a 340-slide landmark report marking her return to large-scale trend reporting after 6 years. Available at bondcap.com/report/tai/
- **2025-03** — Published 'USA Inc. Revisited' - updated fiscal analysis warning that U.S. entitlements and net interest payments will absorb all federal revenue per CBO projections.
- **2024-07** — Published 'AI & Universities' report examining AI adoption, financial investment, and transformation in higher education.
- **2022-04** — Raised $2.5 billion for BOND Fund III, bringing total capital raised to $5.75B across three funds.
- **2025-07** — BOND backed Substack in a $100M round at a $1.1B valuation.

## Links

- Website: https://www.bondcap.com/partners/mary-meeker/
- LinkedIn: https://www.linkedin.com/in/mary-meeker-5823ba48/
- Twitter/X: https://x.com/marymeeker

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Profile page: https://yespress.io/mary-meeker
Published by YesPress — https://yespress.io
Last updated: 2026-05-05