Announcing: The ForbesMidas List 2020
n an uncertain world, venture-backed businesses have helped define how we eat, shop and communicate. These tech investors have made star careers out of spotting such companies ahead of the curve and making bigger, bolder bets on their success., the 19th annual Midas List recognizes the world’s top 100 venture capitalists. They’re led by Sequoia China’s Neil Shen, himself a former entrepreneur and backer of leading companies from Alibaba to TikTok owner ByteDance.
To qualify, investors are ranked by their portfolio companies that have gone public or been acquired for at least $200 million over the past five years, or that have at least doubled their private valuation since initial investment to $400 million or more over the same period. Forbes and TrueBridge put a premium on exits over unrealized returns, large multiples on capital invested or huge cash sums returned as of March 2020, just as coronavirus swept the globe.
Note: Investors who have been fired or resigned from their firms for any kind of misconduct are subject to removal from Midas List eligibility.
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