
As two venture capitalists spin out from their former firm to go it alone, they are banking on a community of Fortune 500 CEOs to help them stand out.
Sunny Dhillon, who wrote an early check into self-driving electric taxi company Cruise, and Linus Liang, cofounder of infant incubator startup Embrace, have spun out from their former firm to close a $120 million fund from investors including Alphabet Chairman John Hennessy, former Walt Disney Company CEO Michael Eisner, Bain Consulting’s global managing partner Manny Maceda and former president of the DreamWorks Feature Animation Group Chris DeFaria, and others. Airbnb’s Joe Gebbia and Zynga’s Mark Pincus also invested, according to the fund.