{"id":2821,"date":"2025-02-01T05:47:18","date_gmt":"2025-02-01T05:47:18","guid":{"rendered":"https:\/\/fusionmindlabs.com\/blogs\/guos-conviction-partners-adds-gp-mike-vernal-raises-230m-fund\/"},"modified":"2025-02-01T05:47:18","modified_gmt":"2025-02-01T05:47:18","slug":"guos-conviction-partners-adds-gp-mike-vernal-raises-230m-fund","status":"publish","type":"post","link":"https:\/\/fusionmindlabs.com\/blogs\/guos-conviction-partners-adds-gp-mike-vernal-raises-230m-fund\/","title":{"rendered":"Guo&#8217;s Conviction Partners adds GP Mike Vernal, raises $230M fund"},"content":{"rendered":"\n<\/p>\n<div>\n<p id=\"speakable-summary\" class=\"wp-block-paragraph\">In mid-2022, Sarah Guo left Greylock to launch her own AI-focused fund, <a href=\"https:\/\/techcrunch.com\/2022\/10\/14\/carving-out-conviction-around-the-future-of-ai-with-sarah-guo\/\" rel=\"nofollow noopener\" target=\"_blank\">Conviction Partners<\/a>, indicating that she would eventually bring on other General Partners (GPs) by tagging the word \u201cPartners\u201d to the firm\u2019s name.<\/p>\n<p class=\"wp-block-paragraph\">Now, more than two years later, Guo is being joined by Mike Vernal, who was a partner at Sequoia before leaving the storied firm in 2023. Vernal joins Conviction as the firm reveals it has just closed a second fund with $230 million in capital commitments \u2014 more than double the haul of its $101 million debut fund.<\/p>\n<p class=\"wp-block-paragraph\">It isn\u2019t a surprise that Conviction has attracted a heavyweight investor. Over the last two years, Guo has built up Conviction\u2019s brand, becoming among the better-known AI investors in Silicon Valley with stakes in companies like Mistral, Harvey, and Sierra. Guo also co-hosts a popular AI podcast, \u201cNo Priors,\u201d with star investor Elad Gil.<\/p>\n<p class=\"wp-block-paragraph\">Meanwhile, Vernal, who spent nearly seven years at Sequoia \u2014 and the previous eight years at Facebook as a VP of product and engineering \u2014 has himself led deals in numerous high-fliers, including Notion, Rippling, and Verkada, a security camera startup that\u2019s reportedly raising funding at a $4.5 billion valuation.<\/p>\n<\/div>\n\n<br \/><a href=\"https:\/\/techcrunch.com\/2025\/01\/31\/guos-conviction-partners-adds-mike-vernal-as-gp-raises-230m-fund\/\" rel=\"nofollow noopener\" target=\"_blank\">Source Link<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In mid-2022, Sarah Guo left Greylock to launch her own AI-focused fund, Conviction Partners, indicating that she would eventually bring on other General Partners (GPs) by tagging the word \u201cPartners\u201d&#8230;<\/p>\n","protected":false},"author":0,"featured_media":2822,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[47],"tags":[452,453,270,454,455,456],"class_list":["post-2821","post","type-post","status-publish","format-standard","has-post-thumbnail","category-news","tag-conviction","tag-greylock-partners","tag-in-brief","tag-mike-vernal","tag-sarah-guo","tag-sequoia-capital"],"jetpack_featured_media_url":"https:\/\/fusionmindlabs.com\/blogs\/wp-content\/uploads\/sites\/9\/2025\/02\/disruptsf18_battlefield_sarah_guo.jpg","_links":{"self":[{"href":"https:\/\/fusionmindlabs.com\/blogs\/wp-json\/wp\/v2\/posts\/2821","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fusionmindlabs.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fusionmindlabs.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/fusionmindlabs.com\/blogs\/wp-json\/wp\/v2\/comments?post=2821"}],"version-history":[{"count":0,"href":"https:\/\/fusionmindlabs.com\/blogs\/wp-json\/wp\/v2\/posts\/2821\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fusionmindlabs.com\/blogs\/wp-json\/wp\/v2\/media\/2822"}],"wp:attachment":[{"href":"https:\/\/fusionmindlabs.com\/blogs\/wp-json\/wp\/v2\/media?parent=2821"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fusionmindlabs.com\/blogs\/wp-json\/wp\/v2\/categories?post=2821"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fusionmindlabs.com\/blogs\/wp-json\/wp\/v2\/tags?post=2821"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}