Alphabet venture arm CapitalG names Laela Sturdy new head of firm, David Lawee steps aside
Publishing timestamp: 2023-03-01 13:27:22
Summary
Alphabet's venture arm CapitalG has named Laela Sturdy its new leader, replacing founder David Lawee who is stepping down after 17 years at Alphabet. Sturdy has made a big impression in the industry and within Alphabet, investing in household names like Stripe and Duolingo. She has also invested in 10 companies that have been valued at more than $1 billion in the last two years. The change in leadership comes at a challenging time for venture funding and initial public offerings. Sturdy joined Google in 2007 and has been praised by many for her contributions.
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