The Midas All-Stars
When the Midas List began in 2001, Silicon Valley was still coming to terms with the “tech wreck.” The excitement in early internet companies led to public flameouts and a long and painful reset that saw the Nasdaq drop 39.3%, its worst one year drop to date. But as any Midas investor knows, market downturns are when generational companies are built: Google, Amazon and Netflix, founded and built in this era, have become some of the world’s most valuable companies, and made their founders and investors vast fortunes.
The next two decades brought waves of innovation: social media, smart phones, electric cars, and now artificial intelligence. Only a handful of investors have enduring track records of picking the best founders and startups over the 25- year history of the Midas List. Just 15 have appeared on the Midas List 15 times or more.
Those include Vinod Khosla, who topped the inaugural list for bets on networking startups like Juniper, and now again for writing the first institutional check into OpenAI in 2019. The AI company was last valued at $852 billion, and is now reportedly fast-tracking its initial public offering. He’s in good company alongside former Kleiner Perkins colleague John Doerr (who stepped back in 2016), and Bond Capital’s Mary Meeker, some of the biggest names in the biz. There’s an even bigger dog on the block: Sequoia Capital. A total of four investors associated with Silicon Valley’s most famous venture fund landed a spot on our all-time all-star........
