Questions about Iconiq Capital
Short answers, pulled from the story.
Who founded Iconiq Capital and when was it established?
Iconiq Capital was founded in December 2011 by Divesh Makan, Michael Anders, and Chad Boeding. All three previously worked as wealth advisors at Goldman Sachs and Morgan Stanley before leaving to establish the firm independently in San Francisco.
What type of firm is Iconiq Capital and what services does it offer?
Iconiq Capital operates as a hybrid family office, providing financial advisory, private equity, venture capital, growth equity, real estate, and philanthropic services. Its hybrid structure was designed to reduce conflicts of interest between its advisory arm and its investment platform.
Who are the known clients of Iconiq Capital?
Iconiq's known clients include Mark Zuckerberg, Sheryl Sandberg, Jack Dorsey, Henry Kravis, Satya Nadella, and entertainment figures such as Tom Hanks, Quincy Jones, and Ryan Reynolds. Iconiq does not officially disclose its client list; these names have become known because those individuals publicly affiliated themselves with the firm.
What is Iconiq Growth and when did Iconiq Capital launch it?
Iconiq Growth is the growth capital arm of Iconiq Capital, launched in 2013 after encouragement from Dave Goldberg. Will Griffith, formerly a general partner at the venture capital firm TCV, was brought in to lead it.
What companies has Iconiq Capital invested in?
Iconiq Capital's portfolio includes Airbnb, Zoom, Snowflake, CrowdStrike, Uber, DocuSign, Datadog, Robinhood, Epic Games, GitLab, Dropbox, Adyen, and Wolt, among many others. The firm invests through its Iconiq Growth arm and private equity and venture capital vehicles.
What is Iconiq Capital's philanthropic arm, Iconiq Impact?
Iconiq Impact is the charitable giving platform of Iconiq Capital, launched in 2019. It was established to distribute capital earned through the family office to charitable causes, operating separately from the firm's investment and advisory businesses.