ASHIF MAWJI | Venture Partner @ Rising Tide | Edmonton, Canada
Ashif is a serial social entrepreneur and investor who has built & sold several enterprises and is heavily engaged in the community. He presently serves as a Venture Partner at Rising Tide (a San Francisco Bay Area Venture Capital firm).
Ashif was awarded the 2002 Ernst & Young Prairies Entrepreneur of the Year award and in 2005 was named as one of Canada’s Top 40 under 40 and in 2007 named BDC’s Entrepreneur of the Year (Alberta) and has received Canada’s 50 Best Managed companies award three years in a row. Ashif received NAIT’s Alumni of Distinction Award and was also recognized as one of the Top 50 Graduates in 50 years. In 2014 (in 2017 promoted to Hon. Colonel), Ashif was named an Honorary Lt. Col for the 20th Field Artillery Regiment (Canadian Army) in addition to receiving the Queen’s Golden and Diamond Jubilee medals as well as the Alberta Centennial Medal. In 2017, Ashif received an Honorary Degree (Bachelor of Business Administration) from the Northern Alberta Institute of Technology (NAIT).
The Evolving of the VC: How Will Venture Captial Firms Change in the Next Decade?
Investment in venture-backed companies is already on pace to experience another record-breaking year in 2018. Venture capitalists are committed to funding the most innovative entrepreneurs, working closely with them to transform breakthrough ideas into emerging growth companies that drive job creation and economic growth. These Venture Capitalists provide capital to start-up ventures that do not have access to equities markets and they accept the risk of the start-up firm but command a high return of their success.
VC firms are filled with very talented investors who generally have chosen to be VCs (versus company founders) because they want a more predictable path to decent wealth, they do not want to manage people, and they prefer the time with their families versus building risky companies. Will we see a generation of super-ambitious VCs in the next ten years and in which industries or regions will we expect to see a spike in VC funding?