Mohr Davidow VC Bill Ericson on Rocket Fuel, Chegg and $1B 'Unicorns'
Bill Ericson is watching with interest the large number of so-called "unicorns" — startups with billion-dollar valuations — that are being created in Silicon Valley these days.
The managing director at Mohr Davidow Ventures has had plenty of experience watching such companies in in his 13 years as a venture investor here.
He was an early investor and sits on the board of one of this year's unicorns — Redwood City ad technology company Rocket Fuel — which shot up to a valuation of nearly $2 billion shortly after it went public in September.
Ericson spoke with me about that IPO and the billion-dollar startup boom in a conversation, which is excepted here.
Before joining Mohr Davidow he was founded and ran Venture Law Group's Seattle office and he sits on the board of his alma mater, Northwestern University School of Law.