Paige Craig Explained

Paige Craig (born 1975) is a venture capitalist and general partner at Arena Ventures, a founder-focused, seed stage venture capital firm based in Los Angeles.

Early life and education

He began his career in the military in 1992, where he went to West Point, ultimately becoming a cadet.[1] In 1995, he dropped out of West Point and enlisted in the United States Marine Corps with his time in the Marines strongly influencing the development of his '33 principles for investment'[2] He got his undergraduate in Information Technology from the University of Maryland, later earning an M.B.A from National University.[3]

Career

He enlisted in the Marines and was promoted to sergeant before leaving the service in 2000.[4] After the Invasion of Iraq in 2003, he created the Lincoln Group and started winning Pentagon contracts to assist with "psychological operations". In 2007, he sold his share of the Lincoln Group and moved to Los Angeles in 2008. From 2010 to 2012, he was the CEO and cofounder of BetterWorks, whose mission was to help smaller companies create office cultures of offering abundant perks.[1] In May 2012, in what he described as the "lowest point of his professional career", he shut down the company and returned the remaining capital to his investor.[5]

He became an angel investor to over 110 startups from 2008 to 2015. He acquired an early-stage portfolio that included Airbnb, Lyft, AngelList, Postmates, and Klout.[6]

Craig currently leads Arena Ventures.[7]

External links

Notes and References

  1. Web site: Paige Craig - CEO and Co-Founder of BetterWorks. February 21, 2016.
  2. Web site: How do you identify a company's vision. Venturi Group. en-GB. 2019-11-22.
  3. News: Cloud. David S.. Quick Rise for Purveyors of Propaganda in Iraq. 21 April 2016. The New York Times. 15 February 2006.
  4. Web site: In Silicon Beach, L.A. Angel Investor Paige Craig Sifts Through the Hype for the Next Big Thing . Laweekly.com . June 5, 2016.
  5. Web site: Office Perks Startup BetterWorks Will Shut Down On May 31 . Techcrunch.com . 24 May 2012. June 5, 2016.
  6. Web site: Meet Paige Craig, Managing Partner at Arena Ventures . Vator.tv . 2 June 2015. February 27, 2016.
  7. News: Dave. Paresh. Virtual reality, new media and a vet app are among week's L.A. tech highlights. 21 April 2016. Los Angeles Times. 16 November 2015.