Menlo Park, Calif.-based late-stage investor IVP announced that Michael Miao has joined the firm as an associate. Miao previously worked on the strategic finance team IVP portfolio company Dropbox.
Photo of Michael Miao courtesy of IVP.
Michael Miao Joins IVP
Menlo Park, Calif. – January 25, 2016 – IVP, one of the premier later-stage venture capital and growth equity firms, is pleased to announce a new addition to its investment team. Michael Miao joins IVP as an Associate and will focus on identifying and evaluating later-stage enterprise software, Internet, and mobile investments.
“Michael’s valuable operational and investment banking experience will strengthen our investment team,” said Steve Harrick, General Partner. “We were extremely impressed with his passion for both growth stage technology companies and the venture capital industry. We are delighted to welcome Michael to the firm.”
Prior to joining IVP, Michael worked at Dropbox, an IVP portfolio company, in the Strategic Finance team where he led numerous cross-functional projects across corporate finance, corporate strategy, and product management. He also worked in the Technology Investment Banking group at Deutsche Bank, where he advised corporate clients in the software and Internet sector on a wide array of equity, debt, M&A, and capital structure considerations. Michael graduated Magna Cum Laude from UC Berkeley’s Haas School of Business, where he earned a B.S. in Business Administration.
IVP is one of the top performing firms in the venture capital industry with a 35-year IRR of 43.2%. Most recently, Forbes named IVP as one of the Top 5 Venture Capital Firms with the most exits on the 2015 Midas List. IVP was also ranked #1 in GrowthCap’s 2015 Top 25 Growth Equity Firms list.
IVP is currently investing IVP XV, a $1.4 billion later-stage venture capital and growth equity fund, and manages $5.4 billion in committed capital. As a partner investor in innovative companies such as AppDynamics, Domo, Dropbox, The Honest Company, Snapchat, Supercell, and Twitter, IVP remains committed to its focused strategy of supporting innovation at the growth stage and partnering closely with exceptional management teams. IVP is typically a lead investor in later-stage rounds with equity investments ranging from $10 to $100 million.
With $5.4 billion of committed capital, IVP is one of the premier later-stage venture capital and growth equity firms in the United States. Founded in 1980, IVP has invested in over 300 companies and 103 have gone public. IVP is one of the top-performing firms in the industry and has a 35-year IRR of 43.2%. IVP specializes in venture growth investments, industry rollups, founder liquidity transactions, and select public market investments. IVP investments include such notable companies as AppDynamics, Business Insider (Axel Springer), Buddy Media (CRM), Datalogix (ORCL), Domo, Dropbox, Dropcam (GOOG), Fleetmatics (FLTX), GitHub, HomeAway (AWAY), The Honest Company, Kayak (PCLN), Klarna, LegalZoom, LifeLock (LOCK), Marketo (MKTO), MySQL (ORCL), Netflix (NFLX), Omniture (ADBE), OnDeck (ONDK), Prosper, Pure Storage (PSTG), Shazam, Slack, Snapchat, SoFi, SoundCloud, Supercell (SoftBank), Synchronoss (SNCR), Tanium, Twitter (TWTR), Zenefits, and Zynga (ZNGA). For more information, visit www.ivp.com or follow IVP on Twitter: @ivp.