Haute 100 SF Update: Joe Lonsdale and Formation 8 Raise $450 Million
Palantir Technologies Founder Joe Lonsdale, CMEA founder Tom Baruch and veterans from Khosla Ventures have founded a new Silicon Valley venture fund, Formation 8.
The new investment firm has raised close to $450 million to invest in tech startups focused on enterprise and energy. While their main investment focus is on startups in the Valley, the firm is also active in China, Korea and Singapore, and it hopes to help locals make connections in those Asian markets.
Fortune reports that Gideon Yu, the former Facebook chief financial officer who is now president of the San Francisco 49ers, is a special adviser to the firm. He is joined by fellow Khosla alums at Formation 8, Jim King and James Zhang.
“We’re making a macro bet,”30-year-old Lonsdale told Fortune. “We think SiliconValley is transforming the world. But we also think everything is an Asia play.”
[Source: bizjournals.com]
READ MORE ABOUT THIS HAUTE 100 MEMBER HERE.
To see the full San Francisco list, click here.
Like Haute Living San Francisco? Join our Facebook page or follow us on Twitter @HauteLivingSF. Want Haute Living San Francisco delivered to your inbox once a week? Sign up for our newsletter.
Related Articles
Introducing Di Volpe: A Jewelry Brand Leading a Design Renaissance
Di Volpe, a fresh fine jewelry house, is officially launching to challenge conventions and restore jewelry to its essence.
Sculpting Elegance: The Art and Precision of Natacha Christeler
Natacha Christeler is a master aesthetic injector known for anatomy-based precision, subtle artistry, and timeless, natural results.
Top Three Percent Wealth Manager Proves Women of Wealth Demand Radically Different Investment Approaches
InVestra redefines female wealth management by aligning investment strategy with the priorities of today’s ultra-wealthy women.
Anthony Joshua on Samuel Leeds: The Property Mentor Who Turns Complexity Into Clarity
Anthony Joshua praises Samuel Leeds for simplifying property investing, sparking a partnership built on discipline, strategy, and wealth creation.
12Go Reveals How to Reach Thailand’s Most Luxurious and Unique Destinations
Explore Thailand’s luxury islands with seamless transport planning through 12Go, connecting Phuket, Koh Samui, Krabi, and more with ease.
Rolls-Royce Bespoke 2025: Defining the Future of Ultra-Luxury Through Craft, Culture, and Innovation
Rolls-Royce Bespoke 2025 showcases deeply personal commissions, cultural artistry, and the most ambitious private collections ever created.
Latest Stories
Trending Articles
Related Articles
Introducing Di Volpe: A Jewelry Brand Leading a Design Renaissance
Di Volpe, a fresh fine jewelry house, is officially launching to challenge conventions and restore jewelry to its essence.
Sculpting Elegance: The Art and Precision of Natacha Christeler
Natacha Christeler is a master aesthetic injector known for anatomy-based precision, subtle artistry, and timeless, natural results.
Top Three Percent Wealth Manager Proves Women of Wealth Demand Radically Different Investment Approaches
InVestra redefines female wealth management by aligning investment strategy with the priorities of today’s ultra-wealthy women.
Anthony Joshua on Samuel Leeds: The Property Mentor Who Turns Complexity Into Clarity
Anthony Joshua praises Samuel Leeds for simplifying property investing, sparking a partnership built on discipline, strategy, and wealth creation.
12Go Reveals How to Reach Thailand’s Most Luxurious and Unique Destinations
Explore Thailand’s luxury islands with seamless transport planning through 12Go, connecting Phuket, Koh Samui, Krabi, and more with ease.
Rolls-Royce Bespoke 2025: Defining the Future of Ultra-Luxury Through Craft, Culture, and Innovation
Rolls-Royce Bespoke 2025 showcases deeply personal commissions, cultural artistry, and the most ambitious private collections ever created.
Subscribe to Haute Living
Receive Our Magazine Directly at Your Doorstep
Embark on a journey of luxury and elegance with Haute Living magazine. Subscribe now and have every issue conveniently delivered to your home. Experience the pinnacle of lifestyle, culture, and sophistication through our pages.
Haute Black Membership
Your Gateway to Extraordinary Experiences
Join Haute Black and unlock access to the world's most prestigious luxury events