Forbes' Midas List is a data-driven ranking of the world’s 100 top venture capitalists. The top woman Midas newcomer this year is Sonali De Rycker '95, who majored in economics at Bryn Mawr.
The top woman Midas newcomer, Accel partner Sonali De Rycker, took the #95 rank thanks in part to her early investment in Avito, the Russian version of Craigslist, which was purchased by South African newspaper conglomerate Naspers in 2015 for $2.7 billion. De Rycker, who coleads Accel’s London office with Harry Nelis, also invested in Stockholm, Sweden-based Spotify. The streaming service is expected to go public in April and was valued in February at an estimated $22.6 billion. De Rycker also led Accel’s investment in e-commerce startup Wallapop, which merged with competitor Letgo in 2016, and serves as an independent director on the board of Match.
Originally from Bombay, India, De Rycker attended Bryn Mawr College in Pennsylvania and then worked for Goldman Sachs and Atlas Venture before joining Accel in 2008. What De Rycker always tries to remember: "The next big thing could look very different from the last big thing."
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