
Starting with $0 in venture capital and a single Lima, Ohio storefront in 1994, Phelps bootstrapped American Freight into a 350-store discount furniture and appliance chain spanning 42 states by serving price-conscious shoppers the coasts overlooked.
Dennis Phelps is a General Partner at Institutional Venture Partners (IVP), the Menlo Park-based venture capital firm focused on later-stage growth investments in technology companies.
With over fifteen years of technology investing experience, Phelps has led notable IVP investments including Casper, Dropcam, Snap, Shazam, The Honest Company, and Yext. He has been recognized multiple times on the Forbes Midas List of the world's top venture capitalists.

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