Patience pays off for investment firm
General Catalyst’s tech companies find IPOs worth the wait
The Harvard Square venture capital firm General Catalyst Partners was an early investor in Demandware Inc., a Burlington e-commerce software company that went public Thursday. It also backed Brightcove, the online video company that had its initial public offering last month, and Kayak, the Web travel site that is expected to start selling shares later this month. General Catalyst was in on the ground floor of all three companies, lending office space to each company as they got off the ground.