Multi-Family Office

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The Time

The Time is a Silicon Valley-based multi-family office founded in 2004 by Bruce Gibney, deploying capital across venture, growth, real estate, and credit.

The Time

The Time was founded in 2004 by Bruce Gibney, a former lawyer and early-stage investor who structured the firm to serve wealthy technology founders and executives. The firm operates as a multi-family office, pooling capital from a select group of families to invest alongside institutional partners. Investment strategy spans multiple asset classes, including venture capital, growth equity, real estate, and credit. The Time typically makes direct investments in technology companies, often leading Series A and B rounds. Known portfolio positions include SpaceX, Palantir Technologies, and Affirm (per public filings, 2021). Sector preferences focus on enterprise software, fintech, digital health, and climate technology. Geographic focus is primarily North America, with selective exposure in Europe and Israel. The firm has approximately 120 professionals across offices in Menlo Park, Boston, London, Newton, and Tel Aviv. In 2021, the firm was an early investor in the SPAC boom, sponsoring several blank-check vehicles (per The Wall Street Journal, 2021). Adjacent to its core investment activities, The Time maintains philanthropic initiatives through donor-advised funds and direct grants, though these are not disclosed separately. What distinguishes The Time from traditional family offices is its hybrid structure: it functions both as a wealth manager for a small group of families and as a venture capital firm with a dedicated investment team sourcing proprietary deals. This dual identity allows it to offer co-investment opportunities at scale while retaining the flexibility of a private capital pool.

General information

Firm type

Multi Family Office

Year founded

2004

AUM

$2.5B–$5B (Altss estimate)

Location

Region

North America

Country

United States

City

Menlo Park

Corporate office

Menlo Park, CA, United States

Additional offices

Boston, MA, United States · London, United Kingdom · Newton, MA, United States · Tel Aviv, Israel

Principals

Bruce Gibney

Founding Partner

Zachary Sternberg

Managing Partner

Alex Tausig

Managing Partner

Eli Klein

Chief Investment Officer

Sector focus

Enterprise SoftwareFinTechDigital HealthClimateTechCybersecurityAI/MLReal Estate

Frequently asked questions

Who runs the investment decisions at The Time?

The investment team is led by founding partner Bruce Gibney, along with managing partners Zachary Sternberg and Alex Tausig, and CIO Eli Klein. They operate with a venture-like structure, with sector-focused partners responsible for deal sourcing and due diligence.

How does The Time source proprietary deal flow?

The Time leverages relationships with the technology entrepreneurs it serves as a family office, generating access to early-stage companies. The firm also co-invests with top-tier venture firms and sources deals through its own sector-focused team.

Is The Time structured as a single family office or does it operate more like a venture firm?

The Time is a multi-family office that simultaneously operates as a direct investment firm. It manages capital for a select group of families while maintaining a dedicated investment team that leads or co-leads rounds in technology companies, similar to a traditional venture capital firm.

What investment stages does The Time typically target?

The Time invests across the lifecycle of companies, from Series A venture capital to growth equity and public-market investments through SPACs. The firm has been particularly active in Series A and B rounds for technology startups.

Which sectors does The Time explicitly avoid?

The Time does not publicly disclose any explicit avoidance, but its known portfolio is concentrated in technology sectors such as enterprise software, fintech, digital health, and climate technology, with less exposure to traditional industries like heavy manufacturing or energy extraction.

Does The Time maintain philanthropic structures, and how are they separated?

The Time operates philanthropic initiatives through donor-advised funds and direct grants, though details are not public. These activities are managed separately from the firm's core investment operations.

What is The Time's known posture on co-investments alongside external GPs?

The Time frequently co-invests alongside established venture capital firms, often taking pro-rata or larger positions in rounds led by Sequoia Capital, Andreessen Horowitz, or similar firms. This approach gives its families direct ownership in high-growth companies.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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