Steve Vassallo

Steve Vassallo is a General Partner at Foundation Capital in San Francisco, California, where he invests across multiple sectors and co-leads the firm's cryptocurrency practice. Before transitioning to the venture capital industry, he spent the initial five years of his career as a design engineer at IDEO and accumulated a portfolio of more than 77 patents. At Foundation Capital, a venture firm managing $6 billion in total assets, Vassallo targets early-stage seed and Series A rounds with initial check sizes ranging from $500,000 to $10 million. His investment portfolio includes prominent technology companies such as Stripe, Solana, and Cerebras Systems, alongside notable early-stage startup acquisitions like Pocket and PrivateCore. As the author of "The Way to Design," his current focus remains on backing product-first founders operating across artificial intelligence, enterprise software, consumer technology, and Web3 ecosystems.