Wednesday, May 8, 2013
Midas List: Cornerstone OnDemand, Green Dot Help VCs
Forbes Magazine has released its latest Midas List, its listing of the top venture capitalists, and--once again--Southern California's venture capitalists have been shut out of the list. However, two, Southern California firms drove the inclusion of two other, venture capital investors on the list--Michael Moritz of Sequoia Capital (for his investment in Monrovia-based Green Dot), and Byron Deeter of Bessemer Venture Partners (for his investment in Los Angeles-based Cornerstone OnDemand). Forbes ranks its top list of venture capitalists based on their investment returns and who the publication says "were most instrumental in creating the most impactful and valuable companies of tomorrow."