A side-by-side comparison of two AI investors: General Catalyst (Power Score 81/100) and TCV (Power Score 81/100), both ranked among the most active firms tracked in this category.
| General Catalyst | TCV | |
|---|---|---|
| Power Score™ | 81/100 | 81/100 |
| Assets Managed | $35B+ | ~$24B raised since inception |
| Founded | 2000 | 1995 |
| Headquarters | Cambridge, MA | Menlo Park, CA |
| Sectors | Healthcare, Fintech, AI Infrastructure | Consumer Internet, SaaS, Fintech, Media, Cybersecurity, AI, Deep Tech |
David Fialkow and Joel Cutler, childhood friends since the age of five or six, spent years building and selling travel and consumer companies together before co-founding General Catalyst in Cambridge, Massachusetts in 2000. What started as a Boston-area firm with a first fund of $250 million has since expanded into Silicon Valley, Europe, and India, evolving into one of the largest venture firms in the world.
View full General Catalyst profile →TCV was founded in 1995 by Jay Hoag and Rick Kimball as the original crossover investor - the first firm to invest in both public and private technology companies from the same fund, a structure the 'Crossover' in its original name (Technology Crossover Ventures) still reflects. That willingness to follow winners across the private-to-public transition, rather than exiting at IPO, is what produced Jay Hoag's three-decade board seat at Netflix, which he joined in 1999 when TCV owned roughly 43% of the company pre-IPO. The firm has since invested more than $17 billion across 350-plus technology companies worldwide, supporting more than 145 IPOs and strategic acquisitions including Facebook, Airbnb, Spotify, Zillow, and Expedia, and now manages approximately $24 billion.
View full TCV profile →