History
Founded by Bill Bowes, Stuart Moldaw and Robert Sackman in 1981, U.S. Venture Partners was an early entrant to the burgeoning venture capital industry in Silicon Valley in the late 1970s and early 1980s.
Bill Bowes, who is the last remaining founding partner at USVP had worked as a venture capitalist prior to USVP working with companies including Cetus, Raychem Corporation and Dymo Industries. At USVP Bill led the firm's investments in Sun Microsystems, Advanced Cardiovascular Systems, Applied Biosystems, Devices for Vascular Intervention, Glycomed and Ventritex. Bill was also the founding shareholder of Amgen and the company's first Chairman. He had previously worked for investment banking Blyth Eastman Dillon & Company and later Blyth Eastman Paine Webber from 1978 until 1980.
Stuart Moldaw was best known for founding Ross Dress for Less. Robert Sackman was best known for his role in the founding of Sun Microsystems
In 2008, USVP closed its $640m tenth fund (USVP X), which the firm is currently investing out of.
Read more about this topic: U.S. Venture Partners
Famous quotes containing the word history:
“History is not what you thought. It is what you can remember. All other history defeats itself.
In Beverly Hills ... they don’t throw their garbage away. They make it into television shows.
Idealism is the despot of thought, just as politics is the despot of will.”
—Mikhail Bakunin (1814–1876)
“When the coherence of the parts of a stone, or even that composition of parts which renders it extended; when these familiar objects, I say, are so inexplicable, and contain circumstances so repugnant and contradictory; with what assurance can we decide concerning the origin of worlds, or trace their history from eternity to eternity?”
—David Hume (1711–1776)