Why This Venture Capitalist Believes Uber Is a Better Bet Than Lyft
This article originally ran in Term Sheet, Fortune's newsletter about deals and dealmakers. Sign up here.
For someone whose portfolio includes Uber, Bird, Spotify, Alibaba, and Tencent, Lead Edge Capital founder Mitchell Green has managed to largely stay out of the VC spotlight. And that's by design.
"I don't need to be out there writing long blog posts pontificating on certain things," Green says. "All we want to do is help entrepreneurs build big companies and make our LPs money."
Green's Alibaba investment helped put his growth-stage investment firm on the map. "We returned about a billion dollars," he told The Wall Street Journal. More recently, Cisco bought Lead Edge portfolio company Duo Security for $2.35 billion in a combination of cash and stock after the firm had co-led Duo's $70 million round at a $1.17 billion post-money valu...