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There’s something special about a company IPO. Beyond the economic outcome for the founders, team and investors, a market debut means a company now joins a tradition of public ownership. Homebrew started in early 2013 and while we’ve been fortunate to have some meaningful portfolio exits, Weave is the first startup we’ve backed to complete an IPO*, so it will now always hold a special place in our memory. Thank you to Brandon and his cofounders for including us in your journey. And congratulations to all Weave team members present and past.
*We’ve participated in other IPOs as an investor who received private stock as part of an acquisition or other event.