Roelof Botha

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Roelof Botha
Roelof Botha.jpg
Roelof Botha, September 2010
Born19 September 1973 (1973-09-19) (age 50) [1]
Pretoria, South Africa
Alma mater University of Cape Town
Stanford University
Occupation Venture capitalist
Known forCFO of PayPal
Partner, Sequoia Capital Chairman of the Board of Directors, Unity Technologies

Roelof F. Botha [2] (born 19 September 1973 [1] ) is a South African actuary, venture capitalist and company director.

Contents

Botha is a partner at Sequoia Capital and as of 2022 sits on the boards of MongoDB, Evernote, Bird, Ethos, Natera, Square, Unity, and Xoom. He also worked with AssureRX, FutureAdvisor, Instagram, Mixpanel and Mu Sigma. [3] He previously sat on the board of directors of Meebo and YouTube before they were each acquired by Google, Weebly before they were acquired by Square, and Tumblr before they were acquired by Yahoo!. He previously sat on the boards of Eventbrite, Jawbone, Mahalo, Nimbula, Tokbox, and Whisper.

On Forbes ' Midas List, an annual ranking of venture capital professionals, he ranked 22nd in 2008, [4] 9th in 2021, [5] and 36th in 2022. [6]

Education and career

Botha was born in Pretoria, South Africa, and at the age of six he moved to Cape Town with his parents. He was raised in Hout Bay, a suburb of Cape Town, and attended Hoërskool Jan van Riebeeck. Botha earned a BSc in Actuarial Science, Economics, and Statistics from the University of Cape Town, graduating in 1996. He worked as a business analyst at McKinsey & Co. in Johannesburg from 1996 through 1998. He then moved to the United States, where he received an MBA from the Stanford University Graduate School of Business.

In 2000, prior to his graduation from Stanford, Botha became director of corporate development for PayPal. He moved on to vice-president of finance and was named CFO in September 2001. PayPal went public in February 2002, and was purchased by eBay in October 2002. Meg Whitman offered Botha the opportunity to stay on as CFO post-acquisition, but he left to join Sequoia Capital in January 2003. [7] [8] [9] [10]

At Sequoia, Botha oversaw the firm's investment in YouTube, Instagram, and Square, among others. [11] [12] He also helped to plan the acquisition of Xoom by PayPal. [11] In 2017, Botha took over lead responsibility for Sequoia's US operations from Jim Goetz. [13] In April 2022, Sequoia announced that, starting in July 2022, Botha would replace Doug Leone as Senior Steward of Sequoia's global brand and operations. [14]

Botha has led or co-led Sequoia's investments in several early and growth stage companies. As of 2022, his active investments include Ethos, Evernote, GenEdit, Landis, mmhmm, Pendulum, Skiff, Temporal Technologies, and The Org. [15]

On October 9, 2023, Botha became Chairman of the Board of Directors at Unity Technologies. [16] [17] [18]

Family

Botha's father, also named Roelof, is an economist. [9] [19] His uncle was the rock musician Piet Botha. His grandfather was Roelof Frederik "Pik" Botha, [9] a South African politician who served as the country's last foreign minister under the Apartheid government, and the first minister of Mineral and Energy Affairs under Nelson Mandela.

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References

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  3. Roelof Botha profile. Sequoia Capital.
  4. "#22 Roelof Botha", Forbes.com Midas List 2008, 24 January 2008[ dead link ]
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  6. "The Midas List 2022". Forbes. Retrieved 10 November 2022.
  7. "Roelof Botha". 26 October 2020.
  8. Brown, Erika (12 February 2007). "The Art of Selling Out". Forbes . Archived from the original on 2 February 2007.
  9. 1 2 3 McLeod, Duncan (14 December 2007). "Roelef Botha: Hi-tech market mover". Financial Mail . Archived from the original on 23 November 2010.
  10. "Roelof Botha profile". Sequoia Capital. Retrieved 30 April 2007.
  11. 1 2 "Roelof Botha". Forbes. Retrieved 13 July 2017.
  12. de la Merced, Michael (31 January 2017). "Sequoia Capital Reshuffles Leadership". The New York Times. Retrieved 13 July 2017.
  13. Loizos, Connie (31 January 2017). "Sequoia Capital has quietly announced a leadership change-up, with partner Jim Goetz taking a step back". Tech Crunch. Retrieved 13 July 2017.
  14. Konrad, Alex (4 April 2022). "VC Heavyweight Sequoia Names Roelof Botha As New Global Leader". Forbes. Retrieved 23 April 2022.
  15. "Roelof Botha". Sequoia Capital US/Europe. Retrieved 10 November 2022.
  16. "Unity Announces Leadership Transition". www.businesswire.com. 9 October 2023. Retrieved 9 October 2023.
  17. "Unity Software CEO to retire effective immediately". Reuters. 9 October 2023. Retrieved 10 October 2023.
  18. "Unity Technologies - Governance - Board of directors - Person Details". investors.unity.com. Retrieved 10 October 2023.
  19. "Famous Faces Bookings - Dr. Roelof Botha". 16 January 2015.