M12 Ventures Down A New Path
Microsoft News, February 6th, 2023
As we begin a new year, I am delighted to share some exciting changes we've made at M12 to better deliver value to our portfolio companies and to Microsoft. While I experimented with ChatGPT while writing this blog post, and have been impressed by its results, I decided on a traditional, human approach.
2022 was quite the year overall, with some exceptional volatility in the startup and venture capital ecosystem. We whipsawed from valuing speed of execution and growth above efficiency, to prizing diligence with guidance toward efficiency and profitability as valuations returned to pre-pandemic levels.
In the six years since M12 was founded, we're proud to have invested in over 100 companies, including 15 unicorns and 6 IPOs. Millions of people rely on the products and services from M12 portfolio companies to protect them from identity fraud, ensure healthcare facilities have accurate patient data, engage in learning to help them do their jobs better and make their tasks easier though AI experiences. We are at our best when we partner early with teams and will continue to focus on investing in Series A and B startups.