Once upon a time, there were two companies called 137 Ventures and Khosla Ventures. These companies helped people who had ideas for new businesses but didn’t have enough money to start them off. One of these companies was run by a lady named Kathy Chan.
Now, after working with the first company for some time, Kathy decided it was time for her to move on and join the second one! But don’t worry, she will still be helping out both companies as an advisor or helper.
The boss of 137 Ventures said that Kathy is a really good person who understands people starting new businesses. He also thanked her for helping them create their investment model. This means they had some ideas on how to help these new business owners and workers get money before the companies were bought by others or went public.
Pictures of some companies like SpaceX, Spotify, Eventbrite, and more are in 137 Ventures’ portfolio! They also have no plans for any big changes with their current team members.
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