Foundation Capital is an investment firm run primarily by entrepreneurs. Each partner left a successful career in industry to work in venture capital in order to work with other entrepreneurs to build great new companies. They have backed successful entrepreneurs across various sectors â€” from enterprise software to clean technology to consumer Internet and fabless semiconductors. Typically, Foundation makes an initial investment of $1 to $10 million and follow that by participating in each subsequent round of financing. As lead investors, they are often asked to fill Board seats.