What is Index Ventures' succession plan?

Index Ventures encourages partners to make way for new leadership in their mid-50s, ensuring a fresh generation takes over.

How successful has Index Ventures been with its investments?

Index Ventures has achieved significant success, with major profitable exits from companies like Figma and potential billions from Wiz.

What is Danny Rimer's role at Index Ventures?

Danny Rimer is a prominent partner at Index Ventures, known for his successful track record, and is part of the firm's succession discussions.

Home / Business and Economy / Europe's Top VC: Record Exits, But Succession Looms

Europe's Top VC: Record Exits, But Succession Looms

8 Jan

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Summary

Index Ventures eyes retirement planning for partners over 55.
The firm saw a $2 billion stake from a $2 million Figma investment.
Google's Wiz acquisition could net Index Ventures $9 billion in gains.

Europe's Top VC: Record Exits, But Succession Looms

Index Ventures, a leading European venture capital firm, is navigating a period of remarkable financial success. The firm recently saw its initial $2 million investment in Figma evolve into a $2.2 billion stake following the company's IPO. Additionally, Google's pending acquisition of Wiz, an Israeli cybersecurity startup, is expected to yield approximately $9 billion in realized gains and unsold shares for Index by 2025. This strong performance, with two funds significantly outperforming industry averages, solidifies Index's position as a major player in startup investments.

Despite its current winning streak, Index Ventures is prioritizing succession planning. The firm's policy encourages partners to make way for a new generation upon reaching their mid-50s, a proactive measure to avoid potential pitfalls seen in other firms that mishandled leadership transitions. This approach is deeply ingrained in the firm's culture, with Danny Rimer, a key partner, deferring retirement decisions to the partnership, while highlighting younger colleagues as future leaders.