Battery Ventures Monthly Digest: September 2024

Summer is coming to a close and we’re gearing up for an exciting fall. Check out some of our team’s highlights from last month below!

August marked the 30th anniversary of the first-ever Internet transaction, completed through e-commerce company NetMarket, which was co-founded by our General Partner Roger Lee . The transaction, a $12.48 (plus shipping) purchase of Sting’s “Ten Summoners’ Tales” CD, launched a new era of online commerce. Read the original story from 纽约时报 below.

Together with our partners at Inc. Magazine , we were thrilled to congratulate the software and AI companies on this year’s Inc. 5000 list! Satoshi Harris-Koizumi and Dillon Joyce shared some insights into these fast-growing companies and the teams behind the magic in a new article.

Private equity presents an increasingly compelling alternative to a public exit for many startups, as our General Partner Michael Brown shared with Business Insider ’s Melia Russell on the heels of the $3 billion acquisition of Battery-backed AuditBoard .*

General Partner Chelsea Stoner joined Dr. Heidi Jannenga, PT, DPT of Battery-backed WebPT * for an Inc. Magazine webinar on how founders can benefit from partnering with a growth investor. Check out the full recap on Inc.com below.

Marketing Partner Rebecca Buckman joined a webinar hosted by FINN Partners , alongside experts from 惠普企业服务 , Hypersciences and Zebra Technologies , to discuss communications best practices in the era of AI, which was recapped by PRWeek in a recent article.

Through his experience co-founding Guidewire Software * to his work as an investor at Battery today, our Partner Marcus Ryu has a unique perspective on the entrepreneurial journey, which he recently shared with Matthew Grant on the InsTech Podcast.

Michael Brown was interviewed by TECHBLITZ , a Japanese publication focused on startup news, for a story about the history of the firm, our investment philosophy, portfolio-services offering and much more.

Partner Barak Schoster Goihman spoke with Yoel Israel on the IsraelTech podcast about his focus on Israeli startups, collaboration and mentorship and building relationships across the tech ecosystem.

Hypergrowth carries a unique set of upsides and challenges when it comes to scaling companies and maturing products, as Checkr, Inc. CEO and co-founder Daniel Yanisse shares with Marcus Ryu on the latest episode of our Condensing the Cloud podcast.

Some experts are raising red flags about AI investment, but are we missing the bigger picture? Principal Brandon Gleklen shares his perspective on the real value of AI in his latest post for our Condensing the Cloud Substack.

The increasing severity, frequency and impact of adverse weather events have many industries scrambling for forecasting technologies. From disaster mitigation and preparation for state and local governments to route optimization for logistics companies and beyond, opportunities abound, as Marcus Ryu and Adam Piasecki explore in their latest blog post.

From PostHog CEO ?? james hawkins ’ direct involvement in the company’s online presence to 100% of the team knowing how to code, there's a lot to love about (and learn from) the transparency, consistency and trademark weirdness of the company’s brand, according to our Marketing Director Megan O’Leary .

Though many enterprise buyers are eager to implement AI products, concerns about data security, lack of standardized risk assessment and disruption to existing workflows are some hurdles AI buyers and sellers will need to overcome. To succeed, both buyers and sellers must adapt, as Scott Goering and Evan Witte write in their latest blog post.

Battery portfolio companies are hiring for remote and in-person positions, including sales, engineering, HR, marketing and more.

* Denotes a Battery portfolio company. For a full list of all Battery investments, please click here .

This material is provided for informational purposes, and it is not, and may not be relied on in any manner as, legal, tax or investment advice or as an offer to sell or a solicitation of an offer to buy an interest in any fund or investment vehicle managed by Battery Ventures or any other Battery entity. Content obtained from third-party sources, although believed to be reliable, has not been independently verified as to its accuracy or completeness and cannot be guaranteed. Battery Ventures has no obligation to update, modify or amend the content of this post nor notify its readers in the event that any information, opinion, projection, forecast or estimate included, changes or subsequently becomes inaccurate.