Paul Ark
Early to late-stage venture capital firm Gobi Partners has appointed former Digital Ventures MD Paul Ark as advisor, according to his recent public statement on Facebook.
Explaining his reason behind the move, Ark said that a large part of his decision comes down to his “longstanding friendship with Shannon Kalayanamitr”, who recruited him into the fund.
“Shannon and I have always had a shared interest in merging social and ecological progress with business and innovation,” he said.
“While I am taking on a rather simple and unassuming title of advisor, it belies just how truly grand, ambitious, and visionary the scope of the work that Gobi and Shannon have in mind, and the role I now have the privilege to play in trying to turn those visions into a tangible and impactful reality. Getting to collaborate with Shannon is nothing new, but sharing a platform in which we get to act on our wild-eyed optimism while leveraging amazing talent and resources is terribly exciting,” he added.
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He also noted that he is not at full liberty to go into the specifics about his scope of work.
Ark left Digital Ventures at the end of January 2020, after being in the company for four years. He cited his idea of taking a “sabbatical” before moving on to the next phase of his life.
During his time in Digital Ventures, the company made direct investments in several VC firms and companies such as Ripple, Golden Gate Ventures Fund II, SBI AI & Blockchain Fund, DemystData, Pagaya, AsiaCollect and many more.
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Image Credit: Paul Ark
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