Consilery Tsuckerberg

Who controls billions of Silicon Valley: Forbes

The ability to make the necessary acquaintances allowed the head of the IconIQ Capital invest-fund Davesh Makan to become one of the most important people of Silicon Valley. The financial empire of Makan is based on friendship with Mark Zuckerberg. Makan fell into his inner circle long before Facebook became social network No. 1 in the world. Forbes tells how Macan created the investment "Club of Friends of Tsuckerberg."

Formally Makan - financial adviser, Wealth Manager; He considers himself a “financial concern”, the “currency” of which became connections and acquaintances. Makan can reduce beginner businessmen with rich investors. Or just advise a good candidate for the company's management - in this way, the operating director of the Social Network Cheryl Sandberg, who is now called one of the most influential managers of Silicon Valley, got on Facebook. ICONIQ controls the assets of its customers and takes about 1.5% of transactions, while Makan himself regularly invests in the most attractive startups with his customers.

In addition to Tsuckerberg, IconIQ customers include another Facebook co -founder Dustin Muscovite, one of the creators of Twitter Jack Dorsy, the creator of Linkedin Reid Hoffman and many others. ICONIQ in particular, helped its customers invest in the Chinese online store and the Alibaba e-commerce site and the Indian Flipkart electronic trading giant-shortly before their IPO.

The history of IconIQ began in 2001, when Divesh Macan worked at Goldman Sachs in the department for managing wealthy customers. For the sake of his customers, Makan was ready for anything, often organized at their request a party and almost took the laundry of laundry - for him they did not matter money, but communications and relationships. He managed to get acquainted with many young billionaires from the world of high technology long before they began to fall on the covers of magazines,

The Macan Foundation is a link between promising companies and billionaires, it helps wealthy people invest their money in those companies that Macan himself considers potentially successful. IconIQ involvement in any deal is already a serious sign about the success of the business, this is a kind of investment club for the elect, the Zuckerberg Friends Club. As an investment adviser, Makan is obliged to avoid conflicts of interests, but they happen in IconIQ all the time. So, Macan in 2013 helped the Surveymonkey service to attract investments, he managed to bring people from Dropbox and Linkedin to the project. However, the head of Surveymonkey Dave Holberg is a good friend Makan, he sits on the IconIQ directors and invests funds through the fund.

Almost nothing is known about Makan himself, there is not even his photographs in public access. From his partners, the entrepreneur requires maintaining secrets about cooperation, offering in exchange for this entrance ticket to an closed club of investors. Inoniq is closed to new customers, but constantly looking for interesting investment projects. According to the market participants, the only thing that can interfere with the success of the fund is the collapse of the IT market, which is discussed in the light of record IPO in the industry.

The material was prepared by the correspondent for Forbes USA Brian Solomon.

Forbes also had to face the temptation, which all billionaires are experiencing in the IconIQ “web”. The representative of the company twice asked the editors to refuse to publish this article in exchange for “insider information”: “With his connections, Divesh can be a wonderful friend.” ...>

Forbes