Midas List Worldwide Midas List Europe

Midas List

Worldwide

Since 2001, The Midas List has recognized the top 100 VCs who make big, early bets in the leading tech companies of the future and who create exceptional value for their investors. A company is considered for VC deal attribution if it has exited in the last five years at $200 million+ or is a private, unexited company valued at $400 million+.

Seed

The Midas Seed List recognizes the top 25 seed investors worldwide who invest at the earliest stages and deliver outstanding performance by supporting the fastest growing tech companies in their infancy. To qualify for deal attribution a company must have exited at $50 million or have a private, unexited valuation of $100 million+.

Application Open January 2023

Qualifications

  • A VC must invest on behalf of third-party Limited Partners. Investments made from personal balance sheets or for a single corporation, foundation, etc. do not qualify.
  • Companies submitted for Midas List worldwide must have exited in the last five years at $200 million+ or be a private, unexited company valued at $400 million+.
  • Companies submitted for the Midas Seed List must have exited at $50 million or have a private, unexited valuation of $100 million+. In addition, the exit value or unexited valuation must be triple the VC’s original investment to qualify.

Methodology

chart
Worldwide
Collect & Analyze Data
First, we use submissions from venture capitalists, as well as publicly available exit data, industry information, and historical lists, to form a comprehensive set of data points for the Midas model.
A company is considered for VC deal attribution if:
Exited in last 5 years at $200 million+
Private and valued at $400 million+
chart
Seed
Collect & Analyze Data
Similar to The Midas List worldwide, we use submissions from venture capitalists, as well as other sources, to gather a comprehensive set of data points for the Midas Seed model.
A seed company is considered for VC deal attribution if:
Exited in last 5 years at $50 million+
Private and valued at $100 million+
Valuation triple the VC’s original investment

Last Year’s Midas List

quantity

Quantify & Rank Investments

Next, we calculate a ranking for each VC’s investment in a qualifying company, which is based on generated deal value, size of exit or private valuation, and other key metrics weighted to favor more recent deals, earlier stage investments, and higher investment multiples. We then aggregate the number of “winning” investments per VC to determine a total deal attribution score, which informs a deal metric ranking against others. Then, we consider the total number of qualifying deals for each VC to determine a deal count ranking. Below we break down how each of these ranking scores are determined.

A Look Into The Model

Ranking by Deal Metrics

In this simplified example we demonstrate how the model considers deals by three VCs who invested in the same company, XYZ, at different stages. Each VC who is invested in the company receives a score for their deal based on several variables (see top row for select sample metrics). This process is repeated for all companies attributed to each VC – which amounts to a total deal attribution score. This score determines the ranking by deal metrics for each individual.

Ranking by Deal Count

Here we demonstrate how the model considers the total number of investment deals attributed to each VC, with a weighted emphasis on exited companies. Together, the number of exited and private deals amount to a total deal count score. This score determines the ranking by deal count for each VC.

FAQs

Ready to Apply?

Application Open January 2023