Craig ShermanCraig Sherman joined Meritech in 2011. He focuses primarily on digital media and consumer services. Craig has led the firm's investments in Evernote, Zulily, Lynda.com and Ariosa Diagnostics.
CEO wants passion? Enthusiasm? Boundless energy? Sounds like a deal for The Sherminator.
Prior to Meritech, Craig was Chief Executive Officer of Gaia Interactive, which he grew from a 1/2 million to over a 20 million monthly visitor pioneer in social games and online communities. Prior to joining Gaia, Craig served as an EIR at Benchmark Capital. Previously, Craig was Chief Operating Officer of Ancestry.com (ACOM), where he helped lead the company’s pivot from a free family social network to a family history subscription service and grew the company from under $10 million to $150 million in sales and from tens of millions in losses to tens of millions in profits. Before Ancestry.com, Craig held senior positions at AIG: he was head of marketing and internet for all of AIG's Japanese and Korean divisions totaling over $5 billion in sales; and the general manager of AIG's property management software subsidiary, a $90 million sales company whose growth rate quadrupled during Craig's tenure. Previous to AIG, Craig was Chief Executive Officer of Cendant Japan, a joint venture startup he founded with Cendant and Mitsubishi Corporation that he helped grow from inception to over $20 million in sales and profitability. Before that, he worked in product, marketing, finance and operations roles at Cendant during its growth from less than a $1 billion to over a $40 billion public company.
In his years at Cendant he ran travel, dining, health, commerce and pet consumer subscription services. But be sure to ask him about his most memorable job: 3pm-11:30pm call center rep in Dallas, TX.
Craig has personally invested in over a dozen startups including Ancestry, SurveyMonkey, Zillow and Zipcar. In addition, Craig has held independent board and advisory roles with Homestead (prior to its sale to Intuit), Kongregate (GameStop), Logoworks (Hewlett Packard), Netquote (BankRate), and Photobucket (Fox). He graduated magna cum laude from Princeton University.
Craig spends his 'free' time with his son and daughter - hiking, playing soccer, doing puzzles and even some musical theater. After they go to sleep, he loves to meditate and read classic (AKA “old”) novels.
Craig has worked with:
Ancestry is the largest online provider of family history information and research tools. (Craig's investment prior to joining Meritech)
Ariosa's proprietary Harmony prenatal test detects common fetal genetic abnormalities such as Trisomy 21, which is associated with Down syndrome, with an accuracy never before seen from a simple blood test.
Evernote gives people the power to capture any moment, idea, inspiration, or experience whenever they want and find it all on any device, anytime.
Guidespark transforms how enterprise organizations communicate and engage with their employees through customized video and mobile experiences. The solution is accessible via a SaaS platform that provides an interactive user experience and deep analytics to measure employee engagement.
Offers build-your-own websites and online marketing solutions for small business. Homestead was acquired by Intuit in 2007.
lynda.com is an online learning company that helps anyone learn software, technology, creative and business skills to achieve their personal and professional goals.
The early pioneer and leader in consumer Image and video hosting, sharing, and online publishing. (Craig's investment prior to joining Meritech)
SurveyMonkey is a leading provider of self-service internet-based survey tools. (Craig's investment prior to joining Meritech)
Zipcar is the world's leading car sharing network. Zipcar offers more than 30 makes and models of self-service vehicles by the hour or day to residents and businesses looking for an alternative to the high costs and hassles of owning a car.
Zulily is a new online store offering daily sales events on top-quality apparel, gear and other goodies for moms, babies and kids. Zulily carries the best brands for its members at up to 90% off retail.