[3] He began by making an individual investment into Ampex, a technology company that developed audio tape products.

[14] The split into three firms allowed IVP to continue to manage its own portfolio[15] and invest in fast-growing technology companies.

[17] Dennis stepped down from his position as general partner ahead of the firm's twelfth fund in 2010, which raised $600 million.

[19] This fund was the largest in IVP's history and brought the firm's total committed capital to $4 billion with a portfolio that included Buddy Media, Dropbox, and Twitter.

[23] The expansion to Europe reflected the firm's growing portfolio of European startups, including DeepL, MySQL, Supercell, UiPath, and Wise.

[24] In an interview with TechCrunch, general partner Jules Maltz said that IVP wants to focus "on the 10 to 12 fastest growing, most prominent late stage tech companies each year, and fund those businesses.”[19] IVP opens individual venture funds and then asks for financial commitments from limited partners.