Suggestions
Ho Nam
Managing Director at Altos Ventures
Ho Nam is the Managing Director and co-founder of Altos Ventures, a venture capital firm based in the San Francisco Bay Area.1 He has held this position since January 1996, making his tenure at Altos Ventures over 28 years long.1
Professional Background
Education:: Ho Nam has a strong educational background, having attended prestigious institutions:
- Phillips Academy (1981-1984)
- Harvey Mudd College (BS, 1984-1988)
- Stanford University Graduate School of Business (MBA, 1992-1994)1
Career Progression::
- Associate Consultant at Bain & Company (1988-1990)
- Associate at Trinity Ventures (1990-1992)
- Sales and Marketing at SGI (1994-1995)
- Managing Director at Altos Ventures (1996-present)1
Additional Roles and Achievements
- Board Member at uAspire since February 2017, where he serves as Chairman of the Advancement Committee1
- Recipient of The Radley Prize in Humanities from Harvey Mudd College in June 19881
Language Skills
Ho Nam is proficient in both English (native or bilingual proficiency) and Korean.1
Ho Nam's extensive experience in venture capital, combined with his strong educational background and diverse professional history, positions him as a seasoned leader in the technology investment sector.
Highlights
This is fascinating because it is how we view the early stage venture portfolio. The real due diligence starts after we make the investment. I’m a slow learner. It might take years to understand the business (and often the founder doesn’t even know - we are on a discovery journey) and develop conviction in very few companies over time because the great companies are rare. If it works, the big money comes in later. One of our best investments over the past 30 years was in a company where the price/share was valued 211x higher than our original cost basis (from 12 years earlier).
This was such a great episode. This comment reminded me of the time we passed on the seed round of Coupang and came back to invest at 5x higher price in less than 6 months. Or when we sold some Roblox shares and then later bought it back (and more) at 4.5x higher price. The mistakes will happen and the key is to keep learning and do something about it. Not sure if I would describe that as courage. It’s more visceral. It’s survival.