Comment from Varun Jain, early stage VC, Qualcomm Ventures and Patrick Eggen, Qualcomm Ventures senior director, Early Stage Fund
Cruise: from a cold email to a $1bn-plus exit
Varun Jain, early stage VC, Qualcomm Ventures
Cruise Automation is being acquired by General Motors (GM) for $1bn-plus. Qualcomm Ventures, the investment arm of chip maker Qualcomm, invested in Cruise in November last year and I led the investment. We are the third-largest investor in the company. We will be forever grateful to Kyle [Vogt, founder and CEO] and his amazing team for giving us the opportunity to be a part…
