{"id":13536,"date":"2026-01-08T00:03:42","date_gmt":"2026-01-08T00:03:42","guid":{"rendered":"https:\/\/jobuzo.com\/en\/discord-and-mercor-investor-niko-bonatsos-departs-general-catalyst-plans-new-vc-firm\/"},"modified":"2026-01-08T00:03:42","modified_gmt":"2026-01-08T00:03:42","slug":"discord-and-mercor-investor-niko-bonatsos-departs-general-catalyst-plans-new-vc-firm","status":"publish","type":"post","link":"https:\/\/jobuzo.com\/en\/discord-and-mercor-investor-niko-bonatsos-departs-general-catalyst-plans-new-vc-firm\/","title":{"rendered":"Discord and Mercor investor Niko Bonatsos departs General Catalyst, plans new VC firm"},"content":{"rendered":"<div>\n<div><\/div>\n<p id=\"speakable-summary\" class=\"wp-block-paragraph\">After leading General Catalyst&rsquo;s seed strategy for years, Niko Bonatsos has departed the firm. Known for backing an IPO-hopeful Discord and the $10 billion startup Mercor, Bonatsos told TechCrunch he intends to launch a new early-stage VC firm alongside &ldquo;friends.&rdquo;<\/p>\n<p class=\"wp-block-paragraph\">Bonatsos is the latest investor to leave General Catalyst, a firm that recently expanded beyond the traditional venture model. <span>Over the last few years, General Catalyst unveiled a&nbsp;wealth management business, a strategy focused on PE-style&nbsp;AI roll-ups, and a Customer Value Fund (CVF), which provides late-stage startups with&nbsp;nondilutive financing&nbsp;secured by recurring revenue.<\/span><\/p>\n<p class=\"wp-block-paragraph\">Other recent General Catalyst departures include Deep Nishar and Kyle Doherty, who co-led the late-stage &lsquo;Endurance&rsquo; strategy, and Adam Valkin, who co-led the early-stage fund alongside Bonatsos and Trevor Oelschig, TechCrunch reported last year.<\/p>\n<p class=\"wp-block-paragraph\">Unlike his former colleagues, who declined to comment about their departures, Bonatsos described his exit as a mutual decision, saying that his time at GC was an &ldquo;awesome experience&rdquo; which provided many &ldquo;learnings.&rdquo;<\/p>\n<p class=\"wp-block-paragraph\">Bonatsos said he has yet to choose a name for his new firm or begin fundraising. He declined to specify the size of his team, noting only that the individuals he is considering include founders and investors &ldquo;at the top of their game.&rdquo;<\/p>\n<p class=\"wp-block-paragraph\">Some of the themes Bonatsos intends to pursue include backing young founders, a trend he claims to have identified several years ago, before it became popular in the industry. &nbsp;Indeed, many of the leading founders of the AI wave are young and include college dropouts like Mercor&rsquo;s founder, Brendan Foody.<\/p>\n<div class=\"internal-linking-related-contents\"><a href=\"https:\/\/jobuzo.com\/en\/12-weeks-jail-for-school-it-support-technician-who-took-upskirt-videos-of-teachers\/\" class=\"template-1\"><span class=\"cta\">News :<\/span><span class=\"postTitle\">&lt;div&gt;12 weeks' jail for school IT support technician who took upskirt videos of teachers&lt;\/div&gt;<\/span><\/a><\/div><p class=\"wp-block-paragraph\">Bonatsos is also interested in investing in founders who are launching consumer businesses, a sector he views as &ldquo;underappreciated&rdquo; in a market saturated with enterprise-focused AI startups.<\/p>\n<div class=\"wp-block-techcrunch-inline-cta\">\n<div class=\"inline-cta__wrapper\" readability=\"5.3\">\n<p>Techcrunch event<\/p>\n<div class=\"inline-cta__content\" readability=\"24.75\">\n<p>\n\t\t\t\t\t\t\t\t\t<span class=\"inline-cta__location\">San Francisco<\/span><br>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"inline-cta__separator\">|<\/span><br>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"inline-cta__date\">October 13-15, 2026<\/span>\n\t\t\t\t\t\t\t<\/p>\n<\/div>\n<\/div>\n<\/div>\n<p class=\"wp-block-paragraph\">Although General Catalyst has transitioned into what it calls an &ldquo;investment and transformation company,&rdquo; it is continuing to make seed-stage bets. Last year, GC hired Yuri Sagalov, a former YC partner who also founded Wayfinder Ventures, to lead seed investing in the US.<\/p>\n<\/div>\n<p><sub>Discord and Mercor investor Niko Bonatsos departs General Catalyst, plans new VC firm<\/sub><\/p>\n","protected":false},"excerpt":{"rendered":"<p>After leading General Catalyst&rsquo;s seed strategy for years, Niko Bonatsos has departed the firm. Known for backing an IPO-hopeful Discord and the $10 billion startup Mercor, Bonatsos told TechCrunch he intends to launch a new early-stage VC firm alongside &ldquo;friends.&rdquo; Bonatsos is the latest investor to leave General Catalyst, a firm that recently expanded beyond&#8230;<\/p>\n<p class=\"more-link-wrap\"><a href=\"https:\/\/jobuzo.com\/en\/discord-and-mercor-investor-niko-bonatsos-departs-general-catalyst-plans-new-vc-firm\/\" class=\"more-link\">Read More<span class=\"screen-reader-text\"> &ldquo;Discord and Mercor investor Niko Bonatsos departs General Catalyst, plans new VC firm&rdquo;<\/span> &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":13537,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-13536","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts\/13536","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/comments?post=13536"}],"version-history":[{"count":0,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts\/13536\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/media\/13537"}],"wp:attachment":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/media?parent=13536"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/categories?post=13536"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/tags?post=13536"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}