# Dick Costolo: portfolio, investments and team

> Dick Costolo is a vc firm based in United States. 8 investments on record, latest Dec 2020. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/dick-costolo (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# Dick Costolo

Last cheque observed Dec 2020. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Quiet VC firm

Seed

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 8 on record

Since the last cheque **2148** days **00** hrs **00** min **00** sec

Median round **$30M** Rounds led **0 of 8** Exits **3 from the portfolio** Mostly in **United States, 100%**

Pitch Dick Costolo

## Dick Costolo highlights

- 01 8 rounds on record
- 02 Mostly Series A and Series B: 71% of its rounds
- 03 3 exits from the portfolio

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Stages:** Seed
- **Based in:** United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **8 appearances**

- **2020** 1 round
- **Dec** **[Linear](https://millionrounds.com/company/linear)** Series A · US · Karri Saarinen **$13M** With 6 others
- **2019** 3 rounds
- **Oct** **[Literati](https://millionrounds.com/company/literati)** US · FinSMEs **$12M** With 9 others
- **Sept** **[PlayVS](https://millionrounds.com/company/playvs)** Series C · US · TechCrunch **$50M** With 7 others
- **Apr** **[Lyric](https://millionrounds.com/company/lyric)** Series B · US · VentureBeat **$160M** With 11 others
- **2018** 1 round
- **May** **[Rival](https://millionrounds.com/company/rival)** Series B · US · Socaltech **$30M** With 4 others
- **2010** 1 round
- **Apr** **[TellApart](https://millionrounds.com/company/tellapart)** Series A · US **$4.8M** With 5 others
- **2007** 2 rounds
- **Oct** **[TubeMogul](https://millionrounds.com/company/tubemogul)** Seed · US · tubemogul.com **Undisclosed** With 4 others
- **Jul** **[Twitter](https://millionrounds.com/company/twitter)** Series A · US · techcrunch.com **$5.0M** With 11 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## Exits from the portfolio

Companies it backed that were later bought or listed **3 in all**

**[TubeMogul](https://millionrounds.com/company/tubemogul)** Bought by [Adobe](https://millionrounds.com/fund/adobe) **$540M** Nov 2016

**[TellApart](https://millionrounds.com/company/tellapart)** Bought by [Twitter](https://millionrounds.com/fund/twitter) **$479M** Apr 2015

**[Twitter](https://millionrounds.com/company/twitter)** Listed **$1.8B** Nov 2013

An exit counts when it came after the firm's first round in the company. From historical deal records.

## The cheque

Seed

Median round joined **$30M** the round, not its cheque

Led 0 of 8 rounds **0%**

- **Sole investor:** Never alone
- **Last cheque:** Dec 2020
- **Exits:** 3 from the portfolio

Rounds by stage said on their site

- Series A *3*
- Series B *2*
- Seed said *1*
- Series C *1*

Cheques by year Led Joined

2007 2020

Often in the room with

- [Adam Bain](https://millionrounds.com/fund/adam-bain) 2
- [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) 2
- [SV Angel](https://millionrounds.com/fund/sv-angel) 2

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## Who they invest alongside

The investors most often in the same rounds as Dick Costolo. A count of rooms they were both in, not a relationship either has claimed.

[**Adam Bain** Angel **2** rounds together](https://millionrounds.com/fund/adam-bain)[**New Enterprise Associates** VC firm **2** rounds together](https://millionrounds.com/fund/new-enterprise-associates)[**SV Angel** VC firm **2** rounds together](https://millionrounds.com/fund/sv-angel)

## Recently backed

The latest companies Dick Costolo put money into.

[**Literati** $12M · Oct 2019](https://millionrounds.com/company/literati)[**PlayVS** $50M · Sept 2019](https://millionrounds.com/company/playvs)[**Lyric** $160M · Apr 2019](https://millionrounds.com/company/lyric)[**Rival** $30M · May 2018](https://millionrounds.com/company/rival)

## On podcasts

5 episodes naming Dick Costolo in the title, and 4 more that mention it.

- [The Logan Bartlett Show](https://millionrounds.com/podcasts/logan-bartlett-show) 23 Dec 2022 · 2h 22m Best of Cartoon Avatars 2022: Bonus Episode 45 – Our Favorite Interviews and Debates Featuring Mark Cuban, Parker Conrad, Will Hockey, Dick Costolo and More With [Parker Conrad](https://millionrounds.com/person/parker-conrad) Mentions [Dick Costolo](https://millionrounds.com/fund/dick-costolo)[Mark Cuban](https://millionrounds.com/fund/mark-cuban)[Palmer Luckey](https://millionrounds.com/fund/palmer-luckey) *+6* Apple Podcasts
- [The Logan Bartlett Show](https://millionrounds.com/podcasts/logan-bartlett-show) 9 Sept 2022 · 1h 35m EP 32: Former Twitter CEO Dick Costolo Talks About His Time at Second City, Running Twitter, and Missing Out on Instagram Mentions [Dick Costolo](https://millionrounds.com/fund/dick-costolo)[Bill Campbell](https://millionrounds.com/fund/bill-campbell)[Elon Musk](https://millionrounds.com/fund/elon-musk) *+1* Apple Podcasts
- [Acquired](https://millionrounds.com/podcasts/acquired) 28 Oct 2020 · 1h 17m Twitter (with Dick Costolo) Mentions [Dick Costolo](https://millionrounds.com/fund/dick-costolo)[Ashish Goel](https://millionrounds.com/person/ashish-goel) Apple PodcastsShow page
- [Village Global Podcast](https://millionrounds.com/podcasts/village-global) 19 Mar 2019 · 54 min What Dick Costolo Thinks About Basically Everything Mentions [Dick Costolo](https://millionrounds.com/fund/dick-costolo)[Brett Bolkowy](https://millionrounds.com/person/brett-bolkowy) Apple PodcastsShow page
- [The Twenty Minute VC](https://millionrounds.com/podcasts/20vc) 12 Feb 2018 · 24 min 20VC: Dick Costolo on The Balance of Vision and Realism in Startups, The Biggest Challenge in Scaling Twitter & How To Optimise Decision Making Internally Mentions [Dick Costolo](https://millionrounds.com/fund/dick-costolo)[Google](https://millionrounds.com/fund/google-assistant-investments) Apple PodcastsShow page

### Mentioned in

- [Venture Unlocked](https://millionrounds.com/podcasts/venture-unlocked) 13 Mar 2024 · 48 min Adam Bain of 01 Advisors on scaling Twitter from 0 to $1B+, being coached by Bill Campbell, and why they don't take board seats Apple PodcastsShow page
- [Grit](https://millionrounds.com/podcasts/grit) 19 Feb 2024 · 1h 10m #178 Author of “Radical Candor,” Kim Scott: Uncommon Sense Apple PodcastsShow page
- [StrictlyVC Download](https://millionrounds.com/podcasts/strictlyvc-download) 11 Nov 2023 · 40 min Former Twitter and Facebook Execs Are Going Deep on B2B Software Apple Podcasts
- [Upfront Ventures](https://millionrounds.com/podcasts/upfront-ventures) 20 Mar 2023 · 29 min 01 Advisors on Venture Coaching in Early Growth Capital with Katie Couric | 2023 Upfront Summit Apple PodcastsShow page

## Quick answers about Dick Costolo

### What does Dick Costolo invest in?

Dick Costolo invests most often at Series A and Series B (71% of the rounds on record).

### How active is Dick Costolo?

8 investments on record, 0 of them in the last 12 months. The most recent was in Dec 2020.

### What has Dick Costolo invested in recently?

Its most recent investments on record: Linear (Series A, Dec 2020), Literati (Undisclosed round, Oct 2019) and PlayVS (Series C, Sept 2019).

### How big are Dick Costolo's cheques?

The median round it joins is $30M.

### Does Dick Costolo lead rounds?

Rarely, if at all: none of its 8 investments on record names it as the lead.

### Where does Dick Costolo invest?

Most of the companies it backs are in the United States (100%).

### Is Dick Costolo investing now?

No investments in the last 12 months; the latest was in Dec 2020.

### Who does Dick Costolo invest alongside?

Most often Adam Bain (2 rounds together), New Enterprise Associates (2 rounds together) and SV Angel (2 rounds together).

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