How Candice Beaumont became a venture industry power broker

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Meet Candice Beaumont, a venture industry power broker whose career took off when she joined one world's most exclusive social networks

She was nominated by the World Economic Forum to become a Young Global Leader, a rare accolade given to recognize the world's most distinguished and powerful people under age 40. The World Economic Forum is the nonprofit best known for its four-day conference inAt the time, Beaumont was the Chief Investment Officer at L Investments, a family office which invested heavily in commodities and alternative energy.

"The Young Global Leader group is a very tight-knit group," Beaumont told Insider."Everyone speaks to one another and does business together." Beaumont now splits her time between L Investments and the Salsano Group, overseeing how the two family offices make their investment decisions, either as an LP in a venture fund or, often, as a direct investor in startups.

Both L Investments and The Salsano Group, for example, write a $10 million check on average in venture funds, Beaumont said. , but is tight with icons of Silicon Valley like billionaire Salesforce CEO Mark Benioff and former Yahoo CEO Marissa Meyer, who were also Young Global Leaders. And Young Global Leaders also helps Salsano himself find a good number of his startup deals, such as when he invested in Airbnb when it was still a private company, Beaumont says.

 

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