While the world may not need more venture capitalists, it definitely needs more good ones. Enter Costanoa Venture Capital – launched today by long time investor and entrepreneur (and friend) Greg Sands.
As an entrepreneur, Greg is probably most famous for having named Netscape – literally, he was the guy who came up with that name. And of course, working there for quite a while in the seminal days of the internet. As a VC, Greg has been a long time partner at Sutter Hill Ventures.
I’ve had the pleasure of working with Greg on a number of investments over the years, including both LinkSmart and isocket in the current Foundry Group portfolio (these are both Costanoa investments). He’s a thoughtful and extremely helpful co-investor and board member. I love working with him.
And so it’s very exciting to see that he’s hung up a shingle and started his own firm. Because the world does need more good investors.
As a side note, and in the interest of full disclosure, my wife and I are investors in Costanoa. That’s a pretty good endorsement!