Alexander Straub | |
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Born |
Erlenbach, Bavaria, Germany |
June 14, 1972
Occupation | Investor, Entrepreneur |
Alexander Straub (born June 14, 1972 in Erlenbach, Bavaria) is an Internet and Telecom entrepreneur and investor.
Alexander Straub is a German-born entrepreneur. Straub Ventures of London and Cambridge Accelerator Partners. He was a Rhodes Scholar at the University of Oxford, where he dropped out while completing his DPhil. However, he previously gained two engineering degrees, one from Darmstadt Dipl. Ing and the other from Cornell Master of Engineering (MEng). He also attended Stanford University, Timoshenko Institute on a DAAD scholarship to complete his Master Thesis for Darmstadt for the Department of Applied Mechanics.
In 1999, Straub and business partner Rouzbeh Pirouz won a Sunday Times entrepreneurship contest. With the prize money from 3i, Eden Capital and Zouk Ventures and total funding of around £7.6m the pair launched Mondus, an online B2B marketplace for SMEs that has been compared to Alibaba and appeared to operate using a similar business model. By April 2000 the business was valued at £760 million (Financial Times Article). Later that year, in August, a 40.7% stake was sold to Italian Yellow Pages Seat Pagine Gialle for £100m in cash and shares. Soon after the transaction Straub was appointed as Vice Chairman. He moved to New York City to establish Lazard Technology Partners II, a $300 million venture fund, while Pirouz stayed on with Mondus. The duo later bought back Mondus from Seat Pagine Gialle.
Straub held an internship position with Goldman Sachs’ principal investment area in London, during which time he worked on an investment into SSL, which is today part of Parthus Ceva, an Irish-headquartered intellectual property company focused on semiconductors. He became a general partner at Lazard Technology Partners (LTP) in New York City.