- Laela Sturdy has been named the new head of CapitalG, Alphabet’s venture company, replacing founder David Lawee.
- Sturdy is a tech investment powerhouse and an investor in 10 companies valued at over $1 billion, including Stripe, UiPath, Cloudflare and Duolingo.
- She joined Google in 2007 and spearheaded Google’s emerging businesses such as AdWords Express and Google Offers.
Laela Sturdy has been named the new head of CapitalG, a venture company that is owned by Google’s parent company, Alphabet. She will replace its founder, David Lawee, who had worked for Google for 17 years.
Sturdy has been a powerhouse in tech investments recently and she was one of the early investors in Stripe, UiPath, Cloudflare and Duolingo. According to CNBC, her investment portfolio include 10 companies with a valuation of more than $1 billion.
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Who is Laela Sturdy, head of Alphabet’s CapitalG?
Sturdy is an alum of Havard University, where she obtained a degree in Biochemistry and she has an MBA from Stanford University Graduate School of Business. She got a job at Google in 2007 and joined the strategy and marketing team.
Before her time there, she worked as a consultant at Bain & Company, advising companies across media, retail, CPG and private equity. She would go on to spearheaded Google’s emerging business which included Adwords Express and Google Offers. At the time, the company was looking for ways to grow beyond its legacy as a Search company and start selling other products.
Eventually, she was named managing director of emerging businesses at Google, according to Entrepreneur.
Sturdy was tapped for the CapitalG role by Claire Johnson and Sheryl Sandberg, as former head David Lawee claimed. “I kind of made it a point to know who all the stars were inside of Google, and Laela’s name came up a lot,” he said.
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