Profile of investor Lee Fixel, the partner behind Tiger Global's investments in Flipkart and Peloton, who says he raised $1.3B for his VC firm Addition
Peloton CEO John Foley was used to hearing “no” by the time he met with investor Lee Fixel in early 2014.
Forbes Alex Konrad
Related Coverage
- Lee Fixel, the man behind Tiger Global's investments in Facebook, Spotify and Flipkart has a new $1.3 billion fund Business Insider · Sanchita Dash
- Lee Fixel collects $1.3B for new VC firm PitchBook
Discussion
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@zachweinberg
Zach Weinberg
on x
You know that feeling that no matter how hard you try to be good at something, there's always someone who is significantly better than you? That's Lee. https://twitter.com/...
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@alexrkonrad
Alex Konrad
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A billion-dollar fund to invest in startups isn't so rare in the tech world anymore. Lee Fixel's $1.3 billion fund Addition is rare in a few ways. 1) Fixel is the sole partner 2) he has a 15 year return horizon 3) he's his fund's largest LP https://www.forbes.com/...
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@gavinsbaker
Gavin Baker
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2) Allocating 1/3 of the fund to early stage venture is interesting - will be increasingly common for growth equity firms to have a venture allocation to improve later stage deal flow and decision making.
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@wustl
@wustl
on x
A billion-dollar start-up fund isn't a rarity in the tech world, but being the sole partner and largest LP in your billion-dollar fund is. Here @Forbes profiles WashU Alum (BSBA '02) and investor, Lee Fixel, for having the Midas touch. https://www.forbes.com/...
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@alexrkonrad
Alex Konrad
on x
Investor Lee Fixel turned bets on Flipkart and Peloton into billions for Tiger Global. Now with his own $1.3 billion fund Addition, the low-profile VC is looking to do it again. https://www.forbes.com/...
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@alexrkonrad
Alex Konrad
on x
Fixel's new fund Addition will invest 1/3 in early-stage startups and 2/3 in growth-stage opportunities, sources tell @ForbesTech. His newest investment is Fauna, a database software startup that announced a $27M raise led by Madrona today. https://www.forbes.com/... tip @Techmem…
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@zlurie
Zander Lurie
on x
You will not meet a better investor and human being! Meet Lee Fixel: Low-Key Investor Who Turned Bets On Flipkart And Peloton Into Billions —And Has A $1.... via @forbes https://www.forbes.com/...
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@alexrkonrad
Alex Konrad
on x
Lee Fixel prefers to keep quiet — he gave @Forbes a statement — but we spoke to founders he's backed like Eventbrite CEO @juliahartz, Peloton CEO @keylargofoley and Redfin CEO @glennkelman, as well as investors in his fund, to learn how he operates. https://www.forbes.com/...
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@antoinegara
Antoine Gara
on x
A must read in VC land. Is there a new wave of tech unicorns coming? From @alexrkonrad https://twitter.com/...
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@hkanji
Hussein Kanji
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Fixel is the largest investor in his own fund https://www.forbes.com/... via @nuzzel
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@fauna
@fauna
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“And [Lee] Fixel, who has already started building out a team around him at Addition, has made one of the firms' first public-facing investments: Fauna...” - @Forbes https://www.forbes.com/... #Serverless #Jamstack # ClientServerless #GraphQL #Javascript
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@vjsesh
Vijay Seshadri
on x
@alexrkonrad I was an angel that led an angel group in an India based startup and learnt from the founder and CEO that Lee moved in quickly and drew a check. I guess his Contrarian, low profile, focused on work attributes helps him to see the signal beyond the noise. Good one Ale…
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@wolfejosh
Josh Wolfe
on x
Excellent profile @alexrkonrad Lee is SUPER smart. I'm a fan and friend Looking forward to many more coinvestments... https://www.forbes.com/...
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@gavinsbaker
Gavin Baker
on x
1) Lee Fixel likely has one of the 5 best track records in venture capital/growth equity over the last decade. Invested successfully across a wide range of sectors and stages. Very well liked/respected. Good article by @alexrkonrad https://www.forbes.com/...
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@natsturner
Nat Turner
on x
Lee is 💯 (he passed on Flatiron and I still think that) https://twitter.com/...
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@mdudas
Mike Dudas
on x
Already a legend, @leefixel has a chance to be the greatest investor of our generation https://www.forbes.com/...