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This is hardly the first time a top Sand Hill Road firm has uttered these sentiments.
DFJ, the renowned Sand Hill Road Firm, is celebrating its 30th anniversary this year.
The new raise represents a downsizing of sorts for the 20-year-old Sand Hill Road firm.
This morning, the seven-year-old Sand Hill Road firm is confirming that it has closed on that amount, having secured the capital commitments from its previous investors.
And the partners are trying their best to retain the mindset of a Sand Hill Road firm instead of one that resembles traditional corporate VCs like Intel Capital.
Meanwhile, the storied Sand Hill Road firm has been pressed for years on the lack of any female investors in its ranks.
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That's especially been true for the traditional top tier Sand Hill Road firms, such as Kleiner Perkins Caulfield & Byers.
There was also a contingent of bearded VCs, who'd driven over from their respective Sand Hill Road firms.
Similarly, Israel represented one of the first times the cozy boutique Sand Hill Road firms ventured overseas and made money as a result.
Why Pichette would choose iNovia, a 10-year-old, still relatively small firm that manages $500 million across three funds, is probably a question that Sand Hill Road firms are wondering today.
In farming the acres, and in selling to people who drove here and picked the fruits and sweet corn themselves, the Reichardts had laid out little roads, firmed up with spalls to check erosion, between the crops.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com