I started investing in cloud software when people called it “utility computing.” Twenty years later, it’s a $500 billion market. Patience pays.

cloudinvestingBessemer State of Cloud report, 2022

Shopify proved that the biggest opportunity in e-commerce wasn’t building the store. It was selling the shovels.

investingplatformConference talk, 2020

The Bessemer Cloud Index wasn’t just an index. It was a statement: cloud is a real category, and here’s the data to prove it.

cloudcloud-indexInterview, 2021

Net revenue retention above 130% means your existing customers grow faster than new customers leave. That’s a machine.

growthmetricsBessemer report, 2019

We maintain the Anti-Portfolio because honesty about misses makes our hits more credible.

honestyhumilityLP presentation, 2018