Business: |
(Incorporated in the Cayman Islands)
We intend to focus our efforts on businesses in the technology, media and telecommunications (“TMT”) sector as well as sectors that are being transformed via technology disruption, where we believe our management team’s operational and investment expertise will provide us with a competitive advantage.
Our management team is led by Vivek Ranadivé, our President and Chairman, Daven Patel, our Chief Executive Officer and director, Raymond Dong, our Chief Investment Officer and director, and James Chan, Chief Financial Officer. The team currently collaborates on Bow Capital Management LLC (“Bow Capital”), a venture capital fund, and before that Messrs. Ranadivé and Patel were involved with TIBCO Software Inc. (“TIBCO”), a real time integration, process automation and analytics company. Mr. Ranadivé founded TIBCO and grew it to $1 billion in annual revenue when it was sold to Vista Equity Partners in 2014 for $4.3 billion. TIBCO acquired approximately 30 technology businesses during Mr. Ranadivé’s tenure as chief executive officer.
In May 2020, Messrs. Ranadivé and Patel partnered with others on its sponsor team to form BowX Acquisition Corp. (“BowX”), a special purpose acquisition company, which consummated an initial business combination with WeWork Inc., a leading flexible space provider, in October 2021.
Vivek Ranadivé has served as our Chairman and President since our inception. Mr. Ranadivé has been the Founder and Managing Director of Bow Capital and its affiliated funds since 2016, and the Owner and Chairman of the Sacramento Kings since 2013. He founded his first company, Teknekron Software Systems, Inc. (“Teknekron”), in 1986 to develop and apply software to financial trading floors. After selling Teknekron to Reuters PLC in 1994, he then went on to found and spin-out TIBCO as a separate company in 1997. TIBCO completed its initial public offering in 1999 and was subsequently sold to Vista Equity Partners in 2014 for $4.3 billion. As Chairman and Chief Executive Officer, Mr. Ranadivé built TIBCO into a leading provider of middleware software that became the central data nervous system for many of the world’s largest companies and government agencies. Mr. Ranadivé became involved in NBA basketball first as Vice Chairman of the Golden State Warriors. Mr. Ranadivé formerly served on the boards of Nielsen, a global media company, and WebEx, a telecommunications company, prior to its sale to Cisco. From August 2020 to October 2021, Mr. Ranadivé served as Chairman and Co-Chief Executive Officer of BowX, a special purpose acquisition company and, following the consummation of BowX’s business combination, he served as a director of WeWork, Inc. from October 2021 to August 2023.
Daven Patel has served as our Chief Executive Officer and director since our inception. Mr. Patel joined Bow Capital in 2020, where he serves as a Principal and leads growth and private equity investing efforts. Prior to this, Mr. Patel held investing and operating roles in the Merchant Banking Division at Goldman Sachs, TIBCO, and Dialpad, a high-growth software-as–a-service company. Mr. Patel also began his career as an analyst at Goldman Sachs.
James Chan has served as our Chief Financial Officer since our inception. Mr. Chan brings over 20 years of experience in venture capital, private equity, and multinational corporations. Since 2024, he has served as Chief Financial Officer of Bow Capital, where he oversees financial strategy, fund management, and operational efficiency. In addition to his role at Bow Capital, Mr. Chan concurrently serves as Chief Financial Officer of First Spark Ventures and Breakout Ventures since 2022, and of BankTech Ventures since 2022, where he manages complex financial operations across multiple funds. Mr. Chan served as Chief Financial Officer of Yamaha Motor Ventures from 2019 to 2022, where he led corporate venture capital and M&A initiatives. Previously, Mr. Chan held senior finance leadership roles at several multinational corporations and high-growth ventures, including ASSA ABLOY, Beats by Dre, and Zodiac Aerospace, where his duties spanned corporate venture capital, M&A, financial strategy, and operational leadership, and he was involved in driving growth, executing strategic carve-outs, and managing complex financial transformations
(Note: Cal Redwood Acquisition Corp. filed the S-1 for its SPAC IPO on March 3, 2025, and disclosed the terms: 20.0 million units at $10.00 each to raise $200.0 million. Each unit consists of one Class A ordinary share and one right to receive one tenth (1/10) of a Class A ordinary share upon the consummation of an initial business combination.)
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