Just joined Glilot Capital as VP Value Creation — and loving every minute!
As of today, I have joined Glilot Capital Partners, which is ranked as the #1 top performing VC fund in the world (Preqin, Vintage 2010–2014), as VP Value Creation.
The decision to leave Microsoft was not an easy one for me to make. Microsoft has become my home and I was fortunate to work with amazing entrepreneurs. I learned from talented colleagues worldwide and was able to partner with Microsoft’s largest corporate customers.
So, why did I take the leap?
1. Glilot Capital is an exceptional VC
· Supporting its portfolio companies is their #1 goal. The first time I came across Glilot, I was impressed by its unique approach to venture capital. Sure, they are constantly on the lookout for new investments, but they also pay a great deal of attention to support their portfolio companies and founders. In fact, they care so much, that they invest a vast amount of time in reaching out to potential customers, industry experts and advisors for the benefit of the portfolio companies. This approach works, since 23 out of the first 23 entrepreneurs already made money with Glilot (via M&As or secondary).
· They grow rapidly. For the last 7 years, Glilot has invested in 18 companies, 5 of the first 6 portfolio companies have already been acquired.
· They are great people. I realized early in my career that life is too short to work with anyone other than great. After all, we normally spend more time with our colleagues than our own family!
2. The role is awesome
When Kobi and Arik reached out and told me that they were looking for a professional who could spearhead the “Value Creation” mission of the group, it all fell into place. Supporting startups in a VC that really sees the immense value of such support is a perfect click with what I love to do and what I believe in.
So what Value Creation is all about? It’s about creating a scalable platform that provides structured, effective and valuable support, such as:
· Sales and Business Development Support. Early-stage startups have limited resources and sometimes lack the substantial amount of resources needed to create business development opportunities and maintain a high-potential customer pipeline. This is especially the case when the startup is focused on enterprise customers, as those sale cycles are notorious for being long and frustrating.
· Connections to industry experts and advisors. Glilot has an impressive Board of Experts at its fingertips who are willing to consult the portfolio companies and assist any way they can.
· Engagement with leading investors. Glilot is working hard to expand its global network of investors, so that when companies are ready for their next round, we will be able to provide them with meaningful introductions and support throughout the process.
· Sharing knowledge and expertise with startups in the ecosystem. Because “At the end of the day, it’s not about what you have or even what you’ve accomplished… It’s about what you’ve given back” (courtesy of Denzel Washington)
To conclude — I’m excited to be part of a group of people as passionate as I am about building lasting, valuable companies with great technology and purpose.
I would love to hear your opinion on what kind of value a VC should create for its portfolio companies. Feel free to contact me with your ideas, suggestions and remarks at email@example.com