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Danny Rimer

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Alma mater
  
Harvard University

Residence
  
London, United Kingdom

Education
  
Harvard University

Name
  
Danny Rimer

Occupation
  
Venture capitalist


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Danny Rimer OBE is a partner at Index Ventures, a global venture capital firm founded in Geneva in 1992. Rimer opened the firm's London office in 2002 and its San Francisco office in 2012. He has become a leading voice on venture capital in Silicon Valley and Europe, and has been actively involved in various philanthropic and cultural activities.

Contents

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Early life

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Rimer was born in Canada, but grew up in Geneva, Switzerland. After graduating from Harvard University with a Bachelor of Arts in history and literature, he moved to the San Francisco Bay Area in California.

Career

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While in the Bay Area, Rimer and some friends began a company to digitize images of famous artwork and sell the downloads, forging exclusive deals with galleries such as the Louvre and the Uffizi Gallery to commercialize the images.

In 1994, Rimer joined Hambrecht & Quist (now owned by JP Morgan), where he began an Internet sector equity research group. He was managing director and underwriting analyst for Amazon, Netscape and Verisign. and helped to take Netscape public.

Rimer became a general partner of The Barksdale Group in 1999, where he invested in a dozen companies including Crossgain (acquired by BEA Systems), Ofoto (acquired by Kodak) and Tellme Networks (acquired by Microsoft), before joining Index in 2002 to establish the London office. He later co-founded the San Francisco office in 2012 with Index partner Mike Volpi.

In his early years at Index, Rimer made a series of notable investments in infrastructure and services companies such as Skype, MySQL and Last.fm. More recently he led the firm’s investments in 1stdibs, Anki, Boku, Dropbox (in which he led a series B round investment of $250 million in 2011), Etsy (NASDAQ: ETSY), Farfetch, Figma, Flipboard, King Digital Entertainment (acquired by Activision in 2016 for $5.9 billion), and Zesty, among others

Rimer was previously a director at KVS (acquired by Veritas in 2004 for $225 million); Last.fm (acquired by CBS in 2007 for $280 million); Lovefilm (known as "The Netflix of Europe," acquired by Amazon in 2011 for $317 million); MySQL (acquired by Sun Microsystems in 2008 for $1 billion and now part of Oracle); Neoteris (acquired by NetScreen in 2003 for $245) and now part of Juniper Networks; Sky PLC (LSE: SKY); Skype (acquired by eBay in 2005 for $2.6 billion and then by Microsoft in 2011 for $8.5 billion); and TrialPay (acquired by Visa in February 2017.

Awards and Honors

Rimer's various awards and honors include:

  • The Forbes Midas List of top global VCs, to which he has been named 11 times
  • Fortune Magazine's 40 under 40 list of business’s rising young stars.
  • The New York Times: The 2017 Top 20 Venture Capital Investors Worldwide
  • Officer of the Order of the British Empire (OBE) for service to business and charity.
  • He is a fixture at the Allen & Company Sun Valley Conference, an annual gathering of business leaders, political figures, and major figures in the philanthropic and cultural spheres.

    Rimer was appointed an Officer of the Order of the British Empire (OBE) in the 2017 New Year Honours for services to business and charity.

    Philanthropy and non-profit involvement

    Rimer serves on the board of Maggie’s Cancer Caring Centres, a network of drop-in healthcare centers across the United Kingdom and Hong Kong, with the aim of helping cancer patients.He was formerly on the Board of Trustees at San Francisco Museum of Modern Art (SFMOMA).

    References

    Danny Rimer Wikipedia