General Catalyst Faces Major Investor Shakeup

• Three key investors, including Deep Nishar, Kyle Doherty, and Adam Valkin, have left General Catalyst during a transformative period for the firm.
• General Catalyst has recently rebranded as an 'investment and transformation company' and has expanded beyond traditional venture capital.
• The firm has undergone significant leadership changes, including the appointment of Jeannette zu Fürstenberg and Neeraj Arora as senior partners.
• General Catalyst's strategic shift includes new compensation structures and potential plans for an IPO.
• The departures highlight the firm's evolving identity and strategic direction, as it manages $32 billion in assets.

Source: TechCrunch