ePlanet Ventures’ Asad Jamal Named to Forbes Midas List of Top 100 Global VCs
Download PDF (122 kb)
REDWOOD CITY, Calif.--(BUSINESS WIRE)--ePlanet Ventures, the world's leading global venture capital firm headquartered in Silicon Valley, California, announced today that the firm's Chairman and CEO, Asad Jamal, has been named to the prestigious Forbes Midas List of the Top 100 Global Venture Capitalists. The Midas List seeks to identify individuals who deploy venture capital to build valuable, long-lasting companies, and who are recognized as market leaders in their industry segment. The results are based on extensive reporting and surveys sent to 1,000 professionals, including venture capitalists, lawyers, bankers, recruiters and limited partners. Asad Jamal was ranked number 8 out of 100 on the list for his investment in Chinese search engine Baidu, whose market value has grown more than 10-fold since its IPO in 2005. [Note: from $27 IPO price to $300 today]
Asad Jamal commented, “I am delighted that Forbes has given recognition to the outstanding work by the ePlanet Ventures team over the years, and to the firm's commitment to helping portfolio companies grow into category-dominant leaders.”
The full list of Forbes Midas List companies can be viewed via http://www.forbes.com/lists/2008/99/biz_08midas_The-Midas- List_Rank.html (Due to its length, this URL may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.)
ABOUT EPLANET VENTURES
ePlanet Ventures is a leading global venture capital firm with offices in Silicon Valley, London, New Delhi, Bangalore, Singapore, Shanghai, and Beijing, as well as a presence in Hong Kong, Seoul and Tokyo. ePlanet Ventures has funded over 80 innovative high-growth companies world-wide, including landmark deals Baidu (NASDAQ listing in August 2005, presently circa. US$12B market cap), Skype (sold to eBay for approx. US$3B in 2005), and Focus Media (NASDAQ listing 2005, presently circa. US$6B market cap). ePlanet is one of the leaders in promoting the cross-border migration of technological innovation, business models and entrepreneurship. The Firm has made investments in sectors such as the Internet (consumer Internet, Internet services and applications), wireless communications and applications, VoIP and other broadband services, entertainment, semiconductor design, life sciences and other emerging services sectors. ePlanet also seeks to make investments in traditional, established industries where business-model improvements have the power to create category-dominant companies in the world's fastest growing markets. The firm has won the China Venture Capital Association Exit of the Year 2005 for Baidu, and the European Venture Capital Association Deal of the Year 2005 Award for Skype, and has been profiled in FORBES Feb. 2007 as a „Pioneer in Global Venture Capital'.
|
