Midas List
The Forbes Midas list is the annual ranking by Forbes magazine of the best dealmakers in high-tech and life science venture capital.[1] It uses parameters including the first-day market capitalization of IPOs, and the opinions of a panel of experts.[2]
The name is an allusion to the mythological King Midas, renowned for his ability to turn anything he touched into gold. Forbes partnered with venture capital fund-of-funds TrueBridge Capital Partners[3] to create the 2011,[4] 2012,[5] and 2013 Midas List.[6]
Criticism
The list has been criticised by Fortune magazine for a number of reasons: its inclusion of people involved with new start-ups that may not have made any money yet; its focus on first-day market capitalisation rather than longer-term measures; and the fact that it relies partly on the subjective judgment of a panel of so-called experts.[2]
References
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Forbes magazine
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- ↑ The Midas List, Erika Brown and Claire Cain Miller, Forbes, January 25, 2007
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- ↑ TrueBridge Capital Partners
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