Scott Stanford (investor)

Scott Stanford is the cofounder & Managing Partner at Sherpa Capital, a venture capital firm that partners with the most promising emerging technology-enabled companies. He is also cofounder of SherpaFoundry, which provides trusted advice and guidance to select corporations and entrepreneurs to galvanize ideas and elevate assets.[1]

Early Life and Education

He taught himself to code at age 13, and built and ran a dial-up BBS. He obtained his BA (in Social Studies) from Harvard in 1993.[2] He obtained his MBA from Harvard in 1998.[1]

Career

From 1993 to 1996, Stanford was a Financial Analyst with the Communication, Media and Entertainment Investment Banking Group of Goldman Sachs.[2]

From 2004 to 2013, he headed Goldman Sachs' Global Internet Investment Banking business as a Managing Director. While there, he helped lead the Series B round to invest in Uber (along with Shervin Pishevar of Menlo Ventures).[3]

He left Goldman Sachs in 2013 to cofound (with Shervin Pishevar) a venture capital firm SherpaVentures (later becoming Sherpa Capital) and associated startup foundry SherpaFoundry.[4][5] SherpaFoundry intends to funds and assets from a number of strategic corporations, and help from some well-known entrepreneurs, to create new companies.[6] SherpaVentures is the corresponding fund that invests in those new companies that have been created. Many of these investments in companies that are part of the on-demand economy, including startups like Munchery, Shyp, Washio, and Pro.com.[6]

In June/July 2014, SherpaVentures completed raising its first round of $150 million in financing from limited partners.[7]

In December 2014, Stanford and Pishevar announced that they were seeking $250 million for a new fund called SherpaEverest that would make investments in later stage companies.[8]

He is a board member of Shyp and BackOps.[1]

References

  1. 1 2 3 "Scott Stanford - Co-Founder & Managing Partner @ Sherpa Capital". Retrieved March 6, 2016.
  2. 1 2 "Scott Stanford". LinkedIn. Retrieved February 27, 2016.
  3. ↑ "Early Uber Investors Shervin Pishevar And Scott Stanford Raising $250M For SherpaEverest Fund". Techcrunch.com. Retrieved February 27, 2016.
  4. ↑ Malik, Om (February 10, 2013). "Shervin Pishevar of Menlo VC to start Sherpa, a startup foundry". GigaOm. Retrieved July 18, 2015.
  5. ↑ Swisher, Kara (February 10, 2013). "Menlo Ventures’ Pishevar and Goldman’s Stanford to Found Sherpa, a Startup Aimed at Making New Startups". AllThingsD. Retrieved July 18, 2015.
  6. 1 2 "Menlo's Shervin Pishevar And Goldman's Scott Stanford Leave Their Day Jobs To Do Something Really Vague, By Design". Techcrunch.com. Retrieved March 3, 2016.
  7. ↑ Lawler, Ryan (July 16, 2014). "Shervin Pishevar And Scott Stanford’s SherpaVentures Closes $150 Million For Its First Fund". TechCrunch. Retrieved July 18, 2015.
  8. ↑ Lawler, Ryan (December 5, 2014). "Early Uber Investors Shervin Pishevar And Scott Stanford Raising $250M For SherpaEverest Fund". TechCrunch. Retrieved July 18, 2015.
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