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   » » Wiki: Jim Goetz
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James J. Goetz (born 1965/1966) is an American and businessman who is a partner with . Goetz is known for his focus on and enterprise startups, including successful investments in , , and . In 2017, Goetz announced he was stepping back from his leadership role with Sequoia, but continues to invest and represent the firm on company boards.


Early life
Goetz was born in , Michigan, and raised in the Midwestern United States, and attended the University of Cincinnati, where he received a B.S. in electrical and computer engineering. Afterward, he attended Stanford University and earned an M.S. in computer systems.


Career
Goetz started a PhD, but chose instead to pursue a career in product management, with early stints working at AT&T and , which later became .

Goetz became a vice president at Bay Networks, then left in 1996 to co-found a software company, VitalSigns. With co-founders Rajiv Batra and Monty Kersten, Goetz raised $5.5 million from and in April 1997. The same month, the company released a "browser companion" application, NetMedic, enabling users to identify and correct network performance issues. In October 1998, the company agreed to be acquired by International Network Services. Following the sale, Goetz joined the venture capital firm Accel.


Sequoia Capital
Goetz joined Sequoia Capital in 2004, where he has focused on and enterprise startup investments. As of March 2018, Goetz sat on the board of five unicorn companies. At Sequoia, he has spoken publicly in favor of immigration as a boon to entrepreneurship, and supported initiatives to bring a closer gender balance at startups and venture firms.

Goetz has been ranked on the of top 100 venture capitalists, and occupied the top spot each year from 2013 to 2017. In 2018, he dropped to number three. In 2015, Goetz was named "VC of the Year" at the award show, hosted by the publication .


Major investments
Major investments by Goetz leading to IPOs have included and Palo Alto Networks in 2012, and Barracuda Networks in 2013, and in 2014. Notable acquisitions from Goetz investments have included , acquired by for $750 million in 2009, , acquired by for $410 million in 2011, 's acquisition by for $500 million in 2016, and , acquired for $7.5 billion by in 2018.

Goetz's most successful investment was in , in which Sequoia was the only outside investor prior to its acquisition by for $19 billion in February 2014. Sequoia's stake, led by Goetz, returned $3.5 billion on an approximate $60 million investment. described the deal as the "largest acquisition of a venture-backed company in history", and it earned Goetz a reputation as one of Silicon Valley's "biggest rainmakers".


Leadership transition
In January 2017, Goetz stepped back from his day-to-day management role as one of the firm's three "stewards", transitioning this role to , and other duties associated with Sequoia's U.S. venture business to . Goetz said at the time that he would continue to make investments and represent Sequoia on boards, but would also turn his attention to other projects.

He has been a non-executive director of Palo Alto Networks since April 2005, and since November 2019.


Philanthropy
Goetz created the Mantei/Mae scholarship program at the University of Cincinnati in 2010 for high-achieving students studying electrical and computer engineering and .

In 2021, Goetz donated $25 million to the University of Cincinnati. The gift led to the expansion of computer science faculty, the establishment of two athletic scholarships, the creation of an honors program, and the renaming of the school's engineering building to the Mantei Center, in honor of professor Thomas Mantei. The same year, the Goetz family donated a renovated movie theater in Los Gatos, California, to the city.


Personal life
As of the 2020 Forbes Midas list, Goetz was married, with three children, and lived in Los Gatos, California.

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