Midas List

The Forbes Midas list is the annual ranking by Forbes magazine of the best dealmakers in high-tech and life science venture capital.[1] It uses parameters including the first-day market capitalization of IPOs, and the opinions of a panel of experts.[2]

The name is an allusion to the mythological King Midas, renowned for his ability to turn anything he touched into gold. Forbes partnered with venture capital fund-of-funds TrueBridge Capital Partners[3] to create the 2011,[4] 2012,[5] and 2013 Midas List.[6]

Criticism

The list has been criticised by Fortune magazine for a number of reasons: its inclusion of people involved with new start-ups that may not have made any money yet; its focus on first-day market capitalisation rather than longer-term measures; and the fact that it relies partly on the subjective judgment of a panel of so-called experts.[2]

References

  1. The Midas List, Erika Brown and Claire Cain Miller, Forbes, January 25, 2007
  2. 1 2 Primack, Dan (April 6, 2011). "Nitpicking the Forbes Midas List". Fortune.
  3. TrueBridge Capital Partners
  4. Perlroth, Nicole. "Midas: The Methodology - Forbes.com". Forbes.
  5. Geron, Tomio (May 2, 2012). "Midas 2012: The Methodology - Forbes". Forbes.
  6. Geron, Tomio (May 8, 2013). "Midas 2013: The Methodology - Forbes". Forbes.
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