institutional-venture-partners
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IVP Waits for the Rocket to Clear the Tower - Then Adds Fuel
Most venture firms sell access to the future. IVP sells help with the messier moment after a product works, when a breakout company must turn momentum into an institution.
Jason Kong
Jason Kong is a General Partner at Base10 Partners, a San Francisco-based Black-led venture capital firm that backs founders automating the 'real economy' - the large, often overlooked industries that make the world run. Named to Forbes 30 Under 30 in Venture Capital in 2021 while at Institutional Venture Partners (IVP), Kong backed breakout companies including Attentive, Brex, Datadog, Discord, Figma, and UiPath. A Summa Cum Laude graduate of Penn's elite M&T program who qualified twice for USAMO and won the We the People national civics competition, he joined Base10 in 2023 to lead Series B+ investments, bringing a singular blend of investment banking, late-stage VC, and hedge fund analysis discipline to growth-stage bets on vertical SaaS, cybersecurity, and fintech.
Mary Jane Elmore
Mary Jane (MJ) Elmore is a pioneering venture capitalist who joined IVP (Institutional Venture Partners) in 1982 and became one of the first female General Partners in American venture capital history. Over a four-decade career spanning eight IVP funds, she backed transformative technology companies in software, communications, and computer-aided engineering. Now a Limited Partner and active angel investor through Broadway Angels and Sand Hill Angels, she has reinvented herself as an oil painter - applying the same mathematical precision that made her a formidable investor to abstract landscapes and architecture.
Reid Dennis
Reid Weaver Dennis (1926-2024) was the founding father of institutional venture capital in Silicon Valley. As founder of Institutional Venture Partners (IVP), he pioneered the model of raising venture funds from institutional investors - insurance companies and endowments - at a time when VC was barely a cottage industry. His 1974 fund raised nearly half of all private venture capital in the U.S. that year. Over seven decades, he backed companies like Seagate, Netflix, TiVo, and Juniper Networks, served 37 years on the San Francisco Opera board, and built IVP into a firm managing $7 billion with a 40-year IRR of 43.1%.