Monday, January 28, 2008

Ravi Adusumalli Debuts At 77 in the Forbes Midas (World) list

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Forbes has released its Midas List of venture capitalists. L John Doerr of Kleiner Perkins, Caufield & Byers, heads the list, which is a popular ranking of venture capitalists in the world (not based on any quantitative methodology, though). Doerr was number two last year. He made it to the top for his affinity for green technologies, and the war against global warming. Doerr’s investments such as Amyris (biofuels and malaria drugs), Bloom Energy (solid oxide fuel cells), Miasole (solar panels), besides his role in roping in Al Gore as a partner at KPCB won him the top slot this time.

Doerr is followed by Michael Moritz of Sequoia Capital, who was last year’s number one. He, of course, is still resting on his Google laurels, where his $12.5 million bet (for 10 per cent stake) is today worth $15 billion. Can anyone beat that record?

Close to Moritz is Ram Shriram, who was also one of the angel investors in Google, and made a fortune from it. His current achievements include Mint.com (online money management), Cleartrip (Indian online travel portal) and Zoom.in (Indian photo sharing portal).

Ravi Adusumalli of SAIF Partners (Rank 77) is the only venture capitalist in the list who is fully focused on Indian investments. The thirty two year old has swung some prized deals like National Stock Exchange of India, IL&FS Investmart and MakeMyTrip.com.
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