GP Charles Moldow explains why he invested in Pixazza, Project Fair Bid, Powerset, Xoopit and more In the past couple years, exits have been tough to come by. Yet Charles Moldow, General Partner, Foundation Capital, has managed to get a few executed. Charles has taken the lead on roughly 10 investments since joining Foundation in 2005. Four of them - Xoopit, Powerset, Weblistic and AdWhirl - were sold in the past couple years. Powerset was sold to Microsoft for roughly $100 million, Xoopit was sold to Yahoo for $20 million, Weblistic sold to Spot Runner for about $20 million as well, and AdWhirl was sold to AdMob for an undisclosed amount. In this interview, Charles talks about what Foundation, and, specifically, he invests in. Charles invests across the board - early to late stage. But he’s ...   [ Read more ]