General Catalyst Shakeup: Top Investors Exit Amid IPO Rumors & Strategy Shift

General Catalyst Shakeup: Top Investors Exit Amid IPO Rumors & Strategy Shift

Three key investors have left General Catalyst amidst a series of recent changes at the firm, which now describes itself as an “investment and transformation company.” Image Credits:Sam Barnes / Getty Images The departed managing directors include Deep Nishar and Kyle Doherty, who co-led General Catalyst’s late-stage strategy known as Endurance, and Adam Valkin, one of the three leads of the firm’s early-stage fund, according to multiple people close to General Catalyst. Nishar, Doherty, and Valkin didn’t respond to requests for comment. General Catalyst declined to comment. While the reasons for the departures remain unclear, a General Catalyst limited partner described a number of other changes among the leadership at the company. Following its October 2023 merger with European early-stage firm La Famiglia, General Catalyst appointed Jeannette zu Fürstenberg, La Famiglia’s founder, as one of its top most senior partners, according to the LP. About six months later, General Catalyst acqui…