There are 11 Indian-Americans in the Forbes’s list of top venture capitalists — people who put their money on a good idea, see it become a business and stay or cash out when the time is ripe.
Jim Goetz of Sequoia tops the ‘Midas List’, for the big bet he placed on WhatsApp, which Facebook acquired for $21 billion in 2014.
The top Indian-American comes in at number 17, Aneel Bhusri, a partner at Greylock and co-founder and CEO of Workday, a cloud enterprise software firm, with a net worth of about $1.22 billion.
“Bhusri is the only VC to have cofounded and taken a multi-billion dollar company public, while also working as a venture capitalist,” Forbes said of him.
The other Indian-Americans on the list are MD of Bain Capital Ventures Salil Deshpande (rank 24), Norwest Venture Partners senior managing partner Promod Haque (26), Greylock partner Asheem Chandna (36), Accel partner Sameer Gandhi (37), founding partner at Wing Venture Partners Gaurav Garg (38), MD of Mayfield Fund Navin Chaddha (42), MD at Insight Venture Partners Deven Parekh (57), general partner at Battery Ventures Neeraj Agrawal (58), MD at Menlo Ventures Venky Ganesan (86) and MD at Redpoint Ventures Satish Dharmaraj (rank 90).
The noticeable feature of 2015 Midas List, Forbes said, was the emergence of a “new guard”, led by GGV Capital partner Jenny Lee (10), the first woman to break into the top 10. Lee was ranked 52nd on the list in 2014.