Ulili Onovakpuri makes her exit as managing partner at Kapor Capital. She exits the firm after more than a decade of devoted efforts. Onovakpuri moved to Kapor Capital, where he became a principal. He quickly advanced in the ranks of the firm and eventually became managing partner. Her exit marks a major transition for the venture capital firm. At the time, she and her colleague Brian Dixon had just recently assumed leadership roles after co-founders Mitch Kapor and Freada Kapor Klein passed the baton.
In Onovakpuri’s time at Kapor Capital, she was instrumental to the firm’s maturity and achievements. She was instrumental in closing the firm’s largest fund to date alongside Dixon, solidifying their position in the venture capital landscape. This accomplishment is a testament to her impact in helping develop the firm’s investment strategies and priorities.
Her odyssey to Kapor Capital started more than a decade back when Onovakpuri got hired as a principal. Her commitment and skill catapulted her into expanding roles within the firm, leading to her advancement to partner. This rise is reflective of her tremendous professional talents. It is a tremendous opportunity, and at the same time, it demonstrates the trust and confidence her peers and predecessors have in her.
In a statement looking back on her resignation, Onovakpuri offered this tongue-in-cheek joke about how crazy her new schedule has been.
“But my inbox has definitely seen the last of ‘just wanted to follow up on the deck I sent you.” – Ulili Onovakpuri
The leadership transition comes at a time when Kapor Capital continues to focus on investing in technology-driven companies that seek to address social inequities. With Onovakpuri’s departure, the firm will need to navigate its future direction while upholding its commitment to its founding mission.
Onovakpuri’s departure is a significant moment in her burgeoning career. It portends significant changes coming soon for Kapor Capital, but those specific plans are still confidential. While the firm will miss her leadership and vision, they will clearly continue to benefit from it as the firm moves forward.
Leave a Reply