GENERAL CATALEST loses three major investors as the company expands beyond Venture, and contemplates the public subscription

Three major investors have left the public catalyst amid a series of modern changes in the company, which now describes itself as it Investment and transformation companyI learned Techcrunch.

Among the departed administrative managers are NISHAR and Kyle DOHERTY, who participated in the strategy of General Catalyst in the late stage known as endurance, and Adam Vallen, one of the three threads of the company’s early stage fund, according to several people close to General Catalyst.

Nishar, DOHERTY and Valkin did not respond to the suspension requests. Catalyst rejected the comment.

While the reasons for the departures are still unclear, the General Catalyst Limited partner described a number of other changes between driving in the company.

After its merging in October 2023 European company La Famiglia in the first stageGeneral Kacchalist Janet Zo Forstelberg, founder of La Famiglia, was appointed as one of her best partners, “according to LP. After about six months, the general catalyst VC Venture HighwayLP added that its founder, Niraj Arra, is also among the company’s senior investors.

General Catalyst individuals said that the company’s strategic shift outside the project has affected how to compensate investors. These people said that General Catalyst has transformed the compensation structure in favor of monetary rewards for property rights.

Deep Nishhar, former CEO in LinkedIn, Join General Catalyst from SoftBank’s The vision box in 2021. While in SoftBank, Nishar led Slack and 10x Genomics.

Kyle DOHERTY joined General Catalyst in 2017 after spent five years as head of private investment in Coature. Duhrey Digital Banking Investments include Startup step And the insurance company spirit. He left the catalyst in July LinkedIn.

Meanwhile, Falkan started his term with the company in 2013. Fallin serves on the RAPYD board, a start -up company in the field of technology A decrease in evaluation of $ 3.5 billionAnd Town Technology, a technical process that was finally funded in 2021 with Over’s evaluation 1 billion dollars. Classpass also supported It was gained by Mindbody In 2021.

The departures come at a time when General Kumalst, who runs 32 billion dollars of assets, is evolving from a partnership form to a company and adding illegal strategies such as wealth management business and the purchase of a hospital system in Ohio.

The company has long been popular with the desire to become a public company. In recent weeks, many people told Techcrunch that the company is close to thinking about the public subscription. Axios reported on Friday that General Catalyst is in “very early stages From looking at“General offer.