Discord and Mercor investor Niko Bonatsos departs General Catalyst, plans new VC firm

After leading General Catalyst’s seed strategy for years, Niko Bonatsos has departed the firm. Known for backing an IPO-hopeful Discord and the $10 billion startup Mercor, Bonatsos told TechCrunch he intends to launch a new early-stage VC firm alongside “friends.” Bonatsos is the latest investor to leave General Catalyst, a firm that recently expanded beyond the traditional venture model. Over the last few years, General Catalyst unveiled a wealth management business, a strategy focused on PE-style AI ro ...