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January 29, 2006

Ram Shriram is No. 3 on Forbes' Midas List

Angel investor Ram Shriram of Sherpalo Ventures has been named No. 3 on Forbes magazine's annual Midas List of technology industry investors.

Here is what the magazine had to say in its profile of the 49-year-old Shriram:
Joined the Google board at its creation. At last count had 2.8 million shares, worth quite a bit . Made his bones in mid-1990s at Netscape. "It died an early death but spawned other great companies." Ran shopbot Junglee, sold it to Amazon for $200 million. Stayed a year, later advised or invested in several firms run by Netscapees (Tellme, Elance). New deals include Zazzle, which prints custom graphics, and PodShow, which broadcasts music.

Arun Natarajan is the Founder of Venture Intelligence India, which tracks venture capital activity in India and Indian-founded companies worldwide. View sample issues of Venture Intelligence India newsletters and reports.