Doug Leone

Seed/early

+

Growth

Doug Leone

“I would like to be known as a person who cared deeply. My epitaph should say ‘he died a young man,’ as I am still a kid at heart.”

“I would like to be known as a person who cared deeply. My epitaph should say ‘he died a young man,’ as I am still a kid at heart.”

“I would like to be known as a person who cared deeply. My epitaph should say ‘he died a young man,’ as I am still a kid at heart.”

Backstory

Don Valentine gave me the shot at Sequoia in 1988, and prevailed on the partners to “give the kid a little more time” when I struggled early on. Don was very tough. After one presentation where I asked an aggressive question, he left a note written in green ink on the conference room table for me to see which said ‘Doug – not fit to listen to founders.’ This is how feedback was given. You learned real fast. I made it to Partner in 1993 and became Managing Partner in 1996. Worked with companies such as RingCentral, ServiceNow and Nubank, while leading our expansion into China and India. Bent the arc of a number of companies.

What got me here? Fear, hunger and empathy. I came to America from Italy as an only child with my parents at age 11. We settled in Mount Vernon, New York, which was a tough town. I couldn’t throw or hit a baseball. I was an outsider trying to blend in. You had to develop thick skin and have your eyes wide open. My father was a strong and funny man. My mother was shrewd and warm. I am a product of both. My first job after college was in technical sales because I understood people. The CEO and board members of Sun Micro heard of my sales achievements and gave me strong references when I applied for VC jobs.

On the Lookout for

Performance. Do you bring it everyday? You can’t always be at 110%, but when it’s playoff time the great players know how to bring it. You have to take as many people along with you for the ride. Teams always beat individuals. I love founders who are spiky, in any dimension. It’s never about money but about doing something meaningful. They do the impossible and you have to learn to dream with them, while helping them to build a business.

We have a culture of taking risks. I prefer you take a shot. I’d rather have someone who gets A, F, F, A than someone that gets B+, B+, B+, B+. I prefer people who ask for forgiveness rather than for permission. You have to be willing to put yourself out of business by trying new things, before someone else does.

Personal Side

Family first / Sequoia / Fitness / Relationships / Little things

Companies

Current companies

Company Name

Short description

Current Stage

Founders

First Partnered

Company Name

Short description

Company Name

Cresta

Cresta turns conversations into a competitive advantage with AI agents.

Growth

Zayd Enam

Tim Shi

Sebastian Thrun

Growth

(

2021

)

Cresta

Cresta turns conversations into a competitive advantage with AI agents.

Cresta

Cyera

Cyera transforms the way organizations secure data in the cloud with Data Reality.

Early

Yotam Segev

Tamar Bar-Ilan

Pre-Seed/Seed

(

2022

)

Cyera

Cyera transforms the way organizations secure data in the cloud with Data Reality.

Cyera

Island

Island is the enterprise browser that makes work fluid, frictionless, and fundamentally secure.

Growth

Dan Amiga

Mike Fey

Pre-Seed/Seed

(

2020

)

Island

Island is the enterprise browser that makes work fluid, frictionless, and fundamentally secure.

Island

Oasis Security

Oasis is the first enterprise platform for non-human identity management.

Early

Danny Brickman

Amit Zimerman

Pre-Seed/Seed

(

2023

)

Oasis Security

Oasis is the first enterprise platform for non-human identity management.

Oasis Security

Physna

Physna codifies 3D models into detailed data for software applications.

Growth

Paul Powers

Pre-Seed/Seed

(

2020

)

Physna

Physna codifies 3D models into detailed data for software applications.

Physna

Security Scorecard

Security Scorecard is the global leader in cybersecurity ratings.

Growth

Sam Kassoumeh

Aleksandr Yampolskiy

Pre-Seed/Seed

(

2015

)

Security Scorecard

Security Scorecard is the global leader in cybersecurity ratings.

Security Scorecard

strongDM

strongDM manages and audits access to servers and databases.

Growth

Schuyler Brown

Justin McCarthy

Liz Zalman

Pre-Seed/Seed

(

2019

)

strongDM

strongDM manages and audits access to servers and databases.

strongDM

Trade Republic

Trade Republic makes buying and selling ETFs, derivatives and cryptocurrency easy.

Growth

Marco Cancellieri

Christian Hecker

Thomas Pischke

Pre-Seed/Seed

(

2021

)

Trade Republic

Trade Republic makes buying and selling ETFs, derivatives and cryptocurrency easy.

Trade Republic

Zafran

Zafran is a threat exposure management platform that integrates with security tools to reveal, remediate and mitigate all infrastructure risks.

Early

Sanaz Yashar

Snir Havdala

Ben Seri

Pre-Seed/Seed

(

2023

)

Zafran

Zafran is a threat exposure management platform that integrates with security tools to reveal, remediate and mitigate all infrastructure risks.

Zafran

Enduring companies

Company Name

Short description

Current Stage

Founders

First Partnered

Company Name

Short description

Company Name

Medallia

Medallia offers customer experience management software.

IPO

Borge Hald

Amy Pressman

Pre-Seed/Seed

(

2011

)

Medallia

Medallia offers customer experience management software.

Medallia

Meraki

Meraki, now part of Cisco, provides routing and security solutions.

Acquired

John Bicket

Sanjit Biswas

Pre-Seed/Seed

(

2006

)

Meraki

Meraki, now part of Cisco, provides routing and security solutions.

Meraki

Nubank

Nubank provides next-generation mobile banking and financial services to the Latin American market.

IPO

David Vélez

Cristina Junqueira

Edward Wible

Pre-Seed/Seed

(

2013

)

Nubank

Nubank provides next-generation mobile banking and financial services to the Latin American market.

Nubank

PlanGrid

PlanGrid, now part of Autodesk, builds construction software for the field.

Acquired

Ralph Gootee

Tracy Young

Ryan Sutton-Gee

Pre-Seed/Seed

(

2014

)

PlanGrid

PlanGrid, now part of Autodesk, builds construction software for the field.

PlanGrid

RingCentral

RingCentral provides cloud-based phone systems for today’s mobile and distributed businesses.

IPO

Vlad Shmunis

Pre-Seed/Seed

(

2006

)

RingCentral

RingCentral provides cloud-based phone systems for today’s mobile and distributed businesses.

RingCentral

ServiceNow

ServiceNow is a digital workflow engine that increases productivity by simplifying work.

IPO

Fred Luddy

Pre-Seed/Seed

(

2009

)

ServiceNow

ServiceNow is a digital workflow engine that increases productivity by simplifying work.

ServiceNow

Wiz

Wiz secures everything built and run in the cloud.

Acquired

Yinon Costica

Assaf Rappaport

Roy Reznik

Ami Luttwak

Pre-Seed/Seed

(

2020

)

Wiz

Wiz secures everything built and run in the cloud.

Wiz