New Beginnings

Candace Widdoes
ICONIQ Growth
Published in
3 min readOct 19, 2020

Candace Widdoes

I’m honored to announce that I’ve joined ICONIQ Growth as General Partner and Head of Portfolio Operations, providing our portfolio of leading technology companies with commercial and strategic support. After a formative 12-year tenure at Plug and Play, I’m thrilled to begin this new chapter.

At Plug and Play, I collaborated with an amazing group of people to help thousands of technology entrepreneurs partner with leading corporations to bring new technology to market. Over my tenure, we grew from three co-working spaces in the Bay Area to over 36 cities across five continents.

The decision to join ICONIQ Growth was not one I took lightly. Similarly, the degree of vetting they put all of their candidates through is remarkable. Every interaction I had with the team just seemed to “click”. ICONIQ Growth is unique from other VC firms in many ways, but one major structural differentiation is due to ICONIQ Capital’s deep relationships with some of the most recognizable luminaries across technology, industry, and entertainment.

ICONIQ Growth is a $9.5B tech growth equity investment platform. Within ICONIQ Growth, I am leading a team to scale an already flourishing network development effort that puts cutting edge technology in front of the largest buyers in the world.

I was inspired by the team’s disciplined and relentless focus on companies that are category-defining, on a solid growth trajectory, and are focused on the success of its customers. The team’s investment strategy sits in between venture capital and private equity, in an “asymmetric risk return profile” zone where they choose to invest in the leading companies addressing large and fast-growing markets within tech

It’s a straightforward strategy on paper, but like most things, it’s all about execution and that’s where ICONIQ Growth really shines. There is a deep focus on research to identify the best opportunities, a significant dedication to post-investment support, and high-quality advisory work to promote its portfolio’s success. The impact of this strategy is most apparent in the team’s investments, including Adyen, Chime, Snowflake, and Zoom. It was clear that this team is on a rocket ship, and I wanted to be a part of it.

Most importantly, ICONIQ’s Partners Divesh Makan, Mike Anders, and Will Griffith foster a culture that deeply values relationships and transparency. I was struck by the humility and warmth of the team and how that’s transpired into a tight knit community of some of the most influential people in the world.

On a walk with one of the founders of ICONIQ, he told me “Take everything you’ve done thus far and 10x it.” Having the creative freedom to build value in unexpected ways is paramount for me. I am thrilled to bring what I’ve learned over the past decade about scaling such an ecosystem to ICONIQ Growth.

Today money is not only inexpensive, but a commodity. The best growth companies have their pick of financial backers. The unique currency of a VC is its ability to contribute non-monetary value in a lasting partnership with its portfolio. Our promise to entrepreneurs is that we will bring deep, thoughtful value alongside our capital investment in the form of relationships with those who can take you to the next level for years to come. For the corporate community, our promise is that we will only surface best-in-class technology that positively moves the needle.

I’ve had the privilege of working with the leaders of some of the largest brands in the world to support their digital transformation. The past decade has ushered a monumental technological shift in every industry, from logistics to healthcare to manufacturing. I’m keen to get to work alongside old friends and new to facilitate this adoption and create lasting, meaningful relationships for all involved.

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