Professor Micah Siegel

 

Micah Siegel

consulting professor

School of Engineering

 

 

Background

Micah joined the Stanford faculty as a Consulting Associate Professor in 2006 and returned to investing full-time in 2014. His engineering research focused primarily on finding commercial applications of new software and hardware technologies, such as scientific instrumentation, molecular biology tools and machine learning systems. From 2006-2013 he taught EE204 (Business for Engineers) at Stanford, which was a graduate-level course on New Product Development, Intellectual Property, Accounting, and Finance. EE204 students were selected primarily from a competitive pool of Electrical Engineering, Life Science, and Computer Science graduate students at Stanford. Students were taught the basic principles of business, with a specific emphasis on creating successful technology companies based on high-profile academic research. Former EE204 students include the founders of Junglee (sold to Amazon.com for $180 million), Gusto, Pulse (sold to LinkedIn for $90 million in 2013) and Katango (sold to Google in 2011).

Micah is an active investor in new technology companies formed by students, faculty, and former students at the earliest stage (often before there is a company) through Vanedge Capital, where he is a General Partner. He helps founders discover attractive markets for new technologies and secure rich customers who will move fast and pay a premium for a unique solution. A market on the path to a $1B potential allows for error and time for real margins to develop.

Micah’s passion is helping missionary entrepreneurs, professors and students commercialize the “Next Big Thing” in computational biology, enterprise software, scientific instruments and other technology platforms that generate complex intellectual property. A small number of companies are formed every few years that will change the world with foundational technologies and frequently these technologies were developed at universities by academic founders with limited business experience. Micah aspires to identify those companies and partner with their founders at the earliest stage to become a trusted source of capital and advice.

Micah was an early VC investor in Stack Overflow (started in 2010, acquired in 2021 by Prosus for $1.8 billion in cash), Cellular Research (started at Stanford in 2013, acquired in 2015 by Becton Dickinson for $120 million in cash), Sentry (started at Disqus in 2013), BioImagene (started at UCLA in 2003, acquired in 2010 by Roche for $100 million in cash), Judicata (started at Stanford in 2012, acquired in 2020 by FastCase), Hadapt (started at Yale in 2011, acquired in 2014 by Teradata), and C2C Patents (started at Stanford in 2014). Earlier he was an investor in Affinity Engines (started at Stanford in 2002, litigation resulted in a license and settlement with Google in 2006), and Adapt Technologies (started at Caltech in 2004, acquired in 2008 by Webvisible, now a subsidiary of Vivial). These companies have raised more than $70 million in seed-stage venture capital and $525 million in follow-on capital from Accel Partners, Andreessen Horowitz, Bezos Expeditions, Founders Fund, Index Ventures, Khosla Ventures, New Enterprise Associates, Union Square Ventures, and other leading venture capital firms.

From 1999 to 2017, when he joined Vanedge Capital, Micah was a Managing Director at C2C Ventures, a seed-stage venture capital firm he co-founded in Palo Alto. His emphasis at C2C was financing seed-stage technology companies out of universities. From 2010-2013 he also worked with Intellectual Ventures, a large investment fund family (total capital > $5B) dedicated to patents (over 30,000 patents and applications) to develop patent valuation models, royalty analyses, and licensing revenue projections. He is no longer affiliated with Intellectual Ventures.

Micah began his career in 1993 working directly for Carver Mead and designing early machine-learning VLSI chips. In 1999, he and Craig Johnson, a well-known Silicon Valley lawyer, formed C2C Ventures. Micah is a techie and the co-inventor of several U.S. patents related to software systems and genetic engineering, and was recognized in 2003 by MIT Technology Review magazine, as "one of the top 100 innovators of the world" ("TR100 List") and in 2009, 2010, 2011 and 2012 by Intellectual Asset Management Magazine as one of the world's 250 "Leading IP Experts" ("IAM 250"). He was born the eldest of six children and raised in Okemos, Michigan. He graduated from Yale University (Phi Beta Kappa, Magna Cum Laude) and received a Ph.D. from the California Institute of Technology. He can be reached at and on twitter