![]() It’s only a small outpost for now, with Pierrepont’s team of six focusing on development-stage deals, while also focusing on ventures, real estate deals and a family office that’s focused on home buying, tax filing, and more for its ultra-rich clients. Iconiq has now taken steps to permanently close that gap between the Bay Area and Europe, opening an office in London headed by former Accel partner Seth Pierrepont. “What really impressed us is that they have this go-getter attitude,” he says. “They actually went from San Francisco to Helsinki over the course of a weekend with less than 24 hours’ notice,” says Kusi, who in 2019 helped Iconiq land the deal as a lead investor in the startup’s $130 million round. Investors at Iconic Capital, a secret San Francisco-based family office that manages the assets of silicon heavyweights such as Mark Zuckerberg, Sheryl Sandberg and Reid Hoffman, wanted to hop on a plane to meet face-to-face in Helsinki the next day. The call came from San Francisco late Saturday for Mickey Kusi, CEO and cofounder of Finnish delivery startup Volt. Feel free to reach out to me anytime at a full list of investments made by ICONIQ Capital’s Tech Growth Equity Platform, please refer to here.Former Accel partner Seth Pierrepont (third from left) will lead Econic Capital’s growth investments in Europe along with Ritika Pai, Sarah Stebbins, Calvin Yeoh and Mary-Louise O’Callaghan (left to right). I will be in San Francisco (and sometimes Palo Alto) doing what I’ve done for the past 19 years…building deep relationships with talented founders and doing my best to help them build their dreams into reality. I am thrilled to be getting started here at ICONIQ. Thank you to Jason, Tod, Ravi, Nikhil, Rob, Nitin, Jacob, Natalie, Rachel, Catherine, Avery, Austin, Rose, Kelly, Mei Lin, Alaina, Caitlin, Vy, Elena and the entire team. I know they will continue to thrive in my absence, as they did for so many years before I joined. Shasta has made incredible investments in companies like Anaplan, Zuora, Glint, Nextdoor, Nest, The Farmer’s Dog and so many others. I learned so much from them on how to be a trusted partner to founders. ![]() Shasta’s founder-first reputation is hard-earned and well-deserved. While I am excited about joining ICONIQ, it comes with mixed emotions as leaving Shasta has been a very difficult decision. I believe ICONIQ represents the future of venture capital - a deep platform providing value to emerging companies, but ALWAYS with the core being the personal touch of trusted individuals who partner with entrepreneurs in their journey. These companies and teams are adding to the ever-growing talent in the ICONIQ ecosystem. ICONIQ has partnered with breakout companies like Snowflake, Datadog, Procore, Adyen, Zoom and so many others*. This network has been harnessed in many ways in an effort to benefit emerging companies that partner with ICONIQ - from providing informed perspectives, commercial opportunities, executive recruiting, attracting advisors/board members and much more.Īnd, after nearly a decade of nurturing this ecosystem, the flywheel at ICONIQ is spinning faster than ever. ICONIQ is more than a platform, but really an ecosystem, at the core of which is a network of global business leaders across sectors that ICONIQ has partnered with and serviced for many years. In this vein, ICONIQ has built what I believe is a unique platform for supporting founders and executives in their journey. ICONIQ feels like a group of trusted friends - we have similar values and a shared approach to supporting founders.įrom my vantage point, venture capital is in the midst of a rapid transformation and the bar has gone up dramatically regarding the value-add that entrepreneurs deserve from their venture partners. ![]() And, getting to know ICONIQ Founders Divesh Makan, Mike Anders as well as other partners Yidrienne Lai, Adar Zango and Evan Lintz convinced me of the power of the vision and platform. Head of Talent Chis Hubbell and I have worked together on several portfolio search committees. I have served on several boards with General Partner Matt Jacobson and I have known Greg Stanger, another GP, for many years. ICONIQ Partner Will Griffith and I have been personal friends since attending college and business school together. ![]() And, for me, joining ICONIQ is a natural fit given the deep existing relationships I have with the team. Venture investing is all about trusted relationships - with founders, teams and, also within our partnerships. And, it was one of those rare examples in business where the stars aligned. This was the most complex career decision I have ever made, but ultimately it became clear that ICONIQ represents a once-in-a-lifetime opportunity. After nearly four great years at Shasta, I am excited to share the news that I have joined ICONIQ Capital’s growth equity team.
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