Kapor Capital’s managing partner Ulili Onovakpuri said yesterday that she is leaving the firm. Ulili Onovakpuri started as a principal at Kapor Capital more than a decade ago, and rose through the ranks to become managing partner, and eventually (with Brian Dixon) took over the reins from the firm’s co-founders Mitch Kapor and Freada Kapor Klein. In her LinkedIn goodbye post, Onovakpuri said she had co-raised a $126 million fund and backed more than 70 companies during her time at Kapor. “I’ll truly miss it,” she wrote. “This isn’t a goodbye to investing or to funding the founders building critical solutions. But it is a purposeful pause,” she wrote, noting that she didn’t have any plans just yet. She did say, however, that the venture world hasn’t seen the last of her. “But my inbox has definitely seen the last of ‘just wanted to follow up on the deck I sent you,” she said. “At least for now.”
Ulili Onovakpuri, the big boss lady at Kapor Capital, dropped a bombshell yesterday when she announced she’s peacing out of the firm. Ulili started off as a little fish at Kapor Capital over ten years ago, but now she’s swimming with the big sharks as the managing partner. Alongside Brian Dixon, she took control from the OG founders, Mitch Kapor and Freada Kapor Klein. In a heartfelt LinkedIn post, Ulili spilled the tea that she helped raise a massive $126 million fund and put her money behind more than 70 companies while at Kapor. “Gonna miss this place,” she said. “Not sure what’s next for me, but the startup world hasn’t seen the last of yours truly.” She also made it clear that she’s done with the endless emails asking about the deck she sent. Good riddance, she says.
Ulili Onovakpuri’s departure from Kapor Capital marks the end of an era for the firm. Starting out as a principal, she climbed the ladder to become the managing partner, a role she shared with Brian Dixon after taking over from the original founders. In her parting words on LinkedIn, Ulili revealed that she played a key role in securing a $126 million fund and supporting over 70 companies during her tenure. “It’s been real,” she wrote. “I’m not saying goodbye to investing or backing visionary founders, just taking a breather for now.” While her future plans remain uncertain, one thing is clear – she’s not disappearing from the startup scene anytime soon. And as for those pesky follow-up emails? Ulili made it clear they won’t be cluttering her inbox anymore. Goodbye, constant reminders.
Ulili Onovakpuri, the powerhouse behind Kapor Capital, shocked everyone by announcing her departure from the firm. From humble beginnings as a principal, she worked her way up to become the managing partner, eventually taking the reins alongside Brian Dixon. In a heartfelt post on LinkedIn, Ulili shared that she had a hand in raising a whopping $126 million fund and supporting over 70 companies. “It’s been a wild ride,” she said. “Not really sure what the future holds, but I’m definitely not done with the hustle just yet.” While her next move remains a mystery, one thing is for certain – the startup world hasn’t seen the last of her. And as for those annoying follow-up emails? Ulili made it clear they can take a back seat for now. So long, constant reminders.
In conclusion, Ulili Onovakpuri’s departure from Kapor Capital signifies the end of a chapter for the firm. Starting as a principal and rising to the role of managing partner, she leaves behind a legacy of significant contributions to the startup ecosystem. While her future plans may be uncertain, one thing is clear – Ulili’s impact will continue to be felt in the venture world for years to come. And as she bids farewell to Kapor Capital, one thing is for sure – her mark on the industry is far from over.
And that’s a wrap! Ulili Onovakpuri may be leaving Kapor Capital, but her influence will undoubtedly be felt for years to come. Good luck on your next adventure, Ulili!
