Archive for March, 2019

Former Twitter CFO Joins Plenty Team

Posted on: March 15th, 2019 by Kirenaga Partners

Mike Gupta, who helped Twitter go public in 2013 as CFO, has joined the Plenty executive team in that role. His previous experience also includes stints at Yahoo, Docker Inc., and Zynga (where he also contributed to IPO efforts.)

Mike has substantial experience guiding young companies through periods of hyper growth. We are excited to see him join the team.

If you would like to read more about Mike and Plenty, then you can find more information in the Bloomberg article linked below.

Full Article

Yale Endowment Allocation to Venture Capital Approaches 20%

Posted on: March 11th, 2019 by Kirenaga Partners

The Yale endowment, one of the largest of its kind and pioneer of the alternative investment heavy strategy now so popular across the industry, has increased its allocation to venture capital to 19% as of June 2018. This continues a trend of increased emphasis on venture capital strategies. The allocation to venture capital has risen sharply from the 13.7% weighting seen in 2014.

Perhaps unsurprisingly, we share the endowment’s bullish assessment of venture capital as an asset class. Therefore, we hope this development encourages more investors to consider venture capital allocations for their portfolios.

Finally, you can read a Bloomberg News Network piece on the changes to the Yale portfolio at the link below.

Full Article