VC · #757

General Catalyst

Health + fintech + applied AI. East coast gravity, west coast book.

$43B AUM · Seed to growth · Cambridge / SF · jobs

Founder-GP: David Fialkow · National Leisure Group Joel Cutler · National Leisure Group
Help: 66East-coast gravity. Platform lighter than a16z.
Typical check: $5–40MSeed to growth. Health + applied AI.
Impact/$: 2.1×
Friendly: Keep. No public founder-canning on this book.

On our ledger

Associate · market

$165k

$142k–$180k. Market reports, 2026. Not a work-email tick. Carry is the product after partner.

· Vintage chart is the field (Cambridge / Preqin / Carta medians). Firm IRRs are private. We do not invent them.
· Score 0–99: founder-GP, S-tier unicorns, founder-rated help, overlap with our hottest seats, public outcome ranks (Strebulaev-Jackson, Dealroom).
· No founder-GP: the book is discounted. Operator partnerships are not the same as having built a company.
· Help is Founders Choice Elo where published, else a public-tape read. 92% of VCs claim value-add; 15% of founders call it critical.
· Impact/$ is a TrustBand multiplier: S-tier hits per √(AUM × typical check). Small books that still hit, win.
· If they iced the founder and canned them, they are not founder-friendly. Hard cut. Public tape only (Uber/Travis, WeWork/Neumann).
· You cannot buy this rank.