This VC introduced Palantir’s first business hire to its earliest engineer, then his business took off
You might not know of XYZ Venture Capital, a four-year-old, San Francisco-based seed-stage venture firm, but many veterans of Palantir are surely aware of it. XYZ says it has already backed 22 startups whose founders came out of the data analysis company, including, most notably, Anduril, Palmer Luckey’s defense tech startup. In fact, the founder of XYZ, Ross Fubini, says his firm wrote Anduril its first check.
It all dates back to a key introduction. Fubini is a Carnegie Mellon grad who co-founded an enterprise company, CubeTree, that a dozen years later sold to SuccessFactors, which was itself acquired by SAP in 2011.
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Away cofounder Jen Rubio and Slack CEO Stewart Butterfield are having a baby together, Rubio announced in an Instagram post on Monday. I spend a lot of time hoping this little boy can feel how much love and intention and support there is behind his very existence, Rubio wrote. We can t wait to meet him.
Rubio detailed the couple s struggles with fertility, revealing that she had an early miscarriage and underwent multiple rounds of in vitro fertilization. She thanked Butterfield as well as the Bay Area fertility clinic she used to get pregnant.
Rubio and Butterfield got engaged in May 2019 and planned to get married in Peru before the coronavirus pandemic derailed their wedding plans.
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