Expert Chaslau Koniukh
  • Companies
  • Global investment
  • Investors
  • Terminology
  • Economy
  • Stock Market
  • World exchanges
  • Tech and Marketing
David Sze
Investors and Entrepreneurs

Outstanding venture capital investor David Sze: A professional success story

05.02.2021
2 min read

David Sze: an investor who believed in the Internet industry

David Sze is a successful investor who invests in the Internet segment. He is a managing partner at Greylock Partners. Thanks to Sze, the latter invested in a little-known start-up Facebook in 2006 and made a major profit.
David was born in 1966, he graduated from Yale University and got a master’s degree in Stanford. Until 2000, he worked for [email protected] Corporation, where he was involved in programming, and later became Vice President. The young man was interested in the Internet industry, even at that time he saw the great potential of the industry. When David joined Greylock Partners, his colleagues advised him to focus on investing in more profitable segments at the time, but Sze was interested in media services and consumer technology. It took him two years to refocus the company on investing in Silicon Valley startups. David personally explained to partners and engaged businessmen about the prospects of this or that company and studied market research. He was the one who saw their potential in the early stages of Facebook, LinkedIn and Pandora and insisted on funding these projects. The only thing David considered a mistake was to invest in Twitter when the network first appeared. If the investment had been bigger then, we could have counted on a return several times higher than Greylock Partners got.
In 2004, the company financed the development of LinkedIn. The new social network aroused scepticism among investors. He believed that the success of the startup was questionable. However, LinkedIn chose the right niche without turning into one of the same social networks. The project helps people build business relationships and makes it easier to find the right employee, partner or employer.

David Sze

David managed Facebook’s investments in 2006 and LinkedIn and Pandora in 2011. He oversaw all the processes at Greylock Partners related to these companies and the work produced good results. For several years in a row in a number of respected rankings, Sze has been a leader as the most successful venture capitalist.
By 2012, Greylock capital reached $1 billion, now this amount is $2 billion. The company’s sphere of activity remains innovative technologies and IT startups. Back in 2005 Greylock organized its 12th fund, whose assets amounted to $500 million. In 2009, a new fund appeared, the 13th fund with the capital of 572 million dollars, and later assets increased to 1 billion dollars.
The company is focused on early-stage start-ups, whose business areas are software and consumer IT products.

Tags: Investors and Entrepreneurs
0
Previous Post Caterpillar: from its founding history to its modern successes Next Post The collapse of the Russian economy: consequences of the coronavirus pandemic

You Might Also Like

Bill Eckmann
Investors and Entrepreneurs
Bill Eckmann: rules of business from a known investor
10.07.2020
Ken Fisher
Investors and Entrepreneurs
Ken Fisher, the Fisher Investment founder
31.05.2022
John Rockefeller biography
Investors and Entrepreneurs
John Rockefeller: biography of the first dollar billionaire
15.07.2021
Yang Huiyan
Investors and Entrepreneurs
Yang Huiyan is the head of China’s Country Garden Holdings
01.05.2022
Rennert
Investors and Entrepreneurs
Who’s Ira Rennert: a billionaire’s business area
16.05.2021
Carlos Helu
Investors and Entrepreneurs
Carlos Helu: The path to success for the richest man in Mexico
18.10.2020

Recent Posts

  • 1Laos cryptocurrency exchanges
    Two cryptocurrency exchanges in Laos received approval from the country’s Central Bank
    24.06.2022
  • 2Digital luxury
    Digital luxury: perspectives for luxury goods in virtual space
    23.06.2022
  • 3SWIFT considers interaction with digital currencies
    SWIFT plans to interact with digital currencies
    22.06.2022
  • 4The minimum income in Latvia will change
    The government intends to revise the minimum income in Latvia
    21.06.2022
  • 5Domuschiev brothers
    The Domuschiev brothers: the success story of Bulgaria’s first billionaires
    20.06.2022

Popular Posts

  • Skolkovo analysts: the Russian energy market is suffering losses
  • Businessman Chuck Feeney: the man who gave the world Duty Free
  • Field of activity of the American Monsanto Company Corporation
  • Deposit rates in Russia are losing their relevance as an option to generate income

Social media

Editor's Picks

Chaslau Koniukh
Analytics

American bankers from JPMorgan and Goldman Sachs advise to invest in gold: review by Chaslau Koniukh.

Spokesperson
17.08.2020
Expert Chaslau Koniukh
Analytics

Chaslau Koniukh on the analysts’ opinion on the key stake size change soon

Spokesperson
18.06.2020
expert Chaslau Koniukh
Analytics

Chaslau Koniukh: Internet trade market in Russia may reach 2.78 trillion rubles.

Spokesperson
30.05.2020
Will the U.S. oil shale industry be able to quickly recover from the crisis: A Review by Chaslau Koniukh
Analytics

Will the U.S. oil shale industry be able to quickly recover from the crisis: A Review by Chaslau Koniukh

Spokesperson
16.05.2020

Latest Posts

OpenSea NFT platform
OpenSea’s NFT platform hits the $13.3 billion mark
25.06.2022
Laos cryptocurrency exchanges
Two cryptocurrency exchanges in Laos received approval from the country’s Central Bank
24.06.2022
Digital luxury
Digital luxury: perspectives for luxury goods in virtual space
23.06.2022

Chaslau Koniukh

Expert Chaslau Koniukh

Chaslau Koniukh – an expert in marketing and project management, IT consulting, international investments, investor, financial analyst. A commodity trader, private consultant, entrepreneur, lecturer, author of several articles on the stock market.

Popular Posts

  • Skolkovo analysts: the Russian energy market is suffering losses
  • Businessman Chuck Feeney: the man who gave the world Duty Free
  • Field of activity of the American Monsanto Company Corporation
  • Deposit rates in Russia are losing their relevance as an option to generate income
  • Dmitry Babin: the ruble is strengthening – review by Сhaslau Koniukh
Expert Chaslau Koniukh
  • Facebook
  • Twitter
  • Instagram
  • Biography

Chaslau Koniukh – an expert in marketing and project management, international investments, financial analyst.

Social media

Menu

  • Biography
  • Companies and corporations
  • Global investment
  • Investors and Entrepreneurs
  • Economy
  • Market terminology
  • Stock Market
  • World exchanges
  • Tech and Marketing
  • Analytics