2024 Portfolios Highlights, RecapS and More…
7GC II Portfolio HIGHLIGHTS
ANthropic Reported to Raise $2bn at A $60bn valuation.
7GC Invested in Anthropic in FeB 2024. Since then, Anthropic received $8Bn in total From Amazon and is reported to raise another $2bn according to The WSJ.
Poolside STRIKES AMAZON DEAL with Poolside now available on AWS.
7GC invested in Ex Github Team with poolside via THEIR Series B in AUG 24. Poolside Revealed the AWS Deal in December marking a significant milestone in the company trajectory.
7GC Invests in Fluidstack: GPU Marketplace for The BEST AI labs.
London-based, Fluidstack is uniquely positioned to capitalize on the rapidly growing demand for AI Computing Resources, Solving for Nvidia Supply and Demand of GPU. The Company is expected to raise in Q1 2025.
7GC II EXIT: IT’S A JACKPOT FOR Jackpocket!
Jackpocket Concluded a Deal in June 2024 with Drafkings purchasing the lottery business for $750M. 7GC has FULLY realized the investment in Q4.
7GC CO-LED Social gaming Platform LUCRA SPORTS.
7GC co-led lucra’s round in July 24 alongside SeventySix Capital, Steve Kuhn (Founder of Major League Pickleball), and NBA MVP Giannis Antetokounmpo.
INVESTOR UPDATE: 7GC FUNDS PORTFOLIOS ReVIEW.
FUND II WILL BE FORMALLY CLOSING THIS FEBRUARY… ITS NOT TOO LATE TO JOIN THIS FUND AND BENEFIT FROM A COMPELLING ARBITRAGE OPPORTUNITY!
7GC I portfolio highlights
ReliANCE JIO announces plans for IPO in 2025.
Indian billionaire Mukesh Ambani targets a 2025 Mumbai listing for his telecom business Reliance Jio, valued by analysts at over $100 billion according to Reuters.
Roofstock mergeS with MYND MAKING IT the LARGEST SFR INVESTING Marketplace.
Roofstock completed the merger with Mynd in May 2024 and remains focused on an IPO expected by 2027.
INSIGHTS & MARKET COMMENTARIES
It has been an incredibly interesting year. WE tried to SHARE valuable content AND HELP FELLOW INVESTORS NAVIGUATE MACRO AND VC TRENDS.
CURIOUS TO LEARN MORE ABOUT US?
STEFFEN PAULS AND JACK LEENEY HAve HAD MULTIPLE OCCASIONS IN 2024 TO PROVIDE THEIR VIEWS ON THE FIRM STRATEGY AND PARTICULAR AREAS OF INVESTING.
Last but not least….
BEST WISHES FROM THE 7GC TEAM!
AS WE WALK INTO A NEW YEAR, WE WOULD LIKE TO WISH OUR INVESTORS, PARTNERS & FRIENDS A HEALTHY, SUCCESSFUL & JOYFUL 2025!
