Paul Kwan leads General Catalyst's Global Resilience investing effort, focusing on defense, intelligence, energy, and industrial systems after spending 22 years at Morgan Stanley where he ran global internet and software business and headed West Coast tech investment banking. He co-founded Valinor, a company of companies designed to solve defense-tech procurement bottlenecks, and regularly advocates for closer collaboration between startups and democratic governments while emphasizing overlooked areas like biodefense.
About their Fund
General Catalyst operates as both a venture capital fund and transformation sponsor, building companies from scratch through its "hatch" heritage (like Kayak and Demandware), running dedicated transformation platforms like Health Assurance and Percepta for AI-enabled service business roll-ups, and offering non-dilutive revenue-share capital through its Customer Value Fund to help portfolio companies grow without equity dilution. The firm organizes around CEO Hemant Taneja's "unscaling" thesis—using data and AI to personalize core societal services rather than just make them bigger—while maintaining an integrated global approach where European and US partners regularly lead deals across borders and deliberately investing in non-traditional talent to build what they call their internal "portfolio" of investment team creators.

.jpeg)


.jpeg)

.jpeg)
.jpeg)
.jpeg)
.png)
.png)


.png)
.png)


.png)




















































.jpeg)







.jpeg)










































































.png)
























































































































.jpeg)









.jpeg)




















































































