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 has partnered with venture capital fund-of-funds TrueBridge Capital Partners[3] to create the list from 2011 to 2016.[4][5][6][7]
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 experts.[2]
References
- ^ The Midas List, Erika Brown and Claire Cain Miller, Forbes, January 25, 2007
- ^ a b Primack, Dan (April 6, 2011). "Nitpicking the Forbes Midas List". Fortune. Archived from the original on January 30, 2012. Retrieved August 30, 2012.
- ^ TrueBridge Capital Partners
- ^ Perlroth, Nicole. "Midas: The Methodology - Forbes.com". Forbes.
- ^ Geron, Tomio (May 2, 2012). "Midas 2012: The Methodology - Forbes". Forbes.
- ^ Geron, Tomio (May 8, 2013). "Midas 2013: The Methodology - Forbes". Forbes.
- ^ Konrad, Alex. "The Top 10 Venture Capital Investors In The World: Midas List 2016". Forbes. Retrieved 20 October 2016.