Ronald Crawford Conway is an American venture capitalist and philanthropist, often described as one of Silicon Valley's "super angels". Conway is recognized as a strong networker.
Conway began angel investing in the mid-1990s, with investments in Marimba Systems, Red Herring magazine, and others. He raised $4 million for his first venture capital fund, called Adam Ventures, in 1997. In December 1998 he started Angel Investors LP, a venture capital firm. Within two months he had raised $30 million for its first fund, Angel Investors I. Angel Investors closed on its second fund, Angel Investors II, at the end of 1999, raising $150 million. Angel Investors LP was an early investor in Google, Ask Jeeves, Loudcloud, Napster, and PayPal. Conway was recognized for his success with Angel Investors LP by inclusion in the 2006 Forbes Midas list of top dealmakers. Conway was a special partner at Baseline Ventures from 2006 through 2009. In 2009 Conway turned his personal investment vehicle, SV Angel, into a venture capital firm, raising $10 million from outside investors. SV Angel raised six funds through 2018. In 2018 Conway announced SV Angel would not raise another fund and that he would step back from investing.
Conway is active in community and philanthropic activities, serving as Vice Chairman of UCSF Medical Foundation in San Francisco and also as co-chair of the "Fight for Mike" Homer and Creutzfeldt–Jakob disease. He is on the development committees of UCLA, St. Francis High School, Sacred Heart Schools, The UCSF Medical Center in San Francisco, Packard Children's Hospital, Legacy Ventures, and Ronald McDonald House at Stanford. He serves on the Benefit Committee of the Tiger Woods Foundation.
Gun Violence
Conway is on the advisory board of Sandy Hook Promise, a nonprofit organization founded by the parents of the victims of the Sandy Hook Elementary School shooting. Conway donated $1 million to fund the Firearms Challenge of the , a nonprofit organization he founded with the mission to promote firearms safety through technology and innovation.
Politics
Conway has been highly critical of President Donald Trump, especially on the issues of gun control and immigration. He was reported to have spent more than $1 million and raised millions more to support efforts to win Democratic control of the U.S. House of Representatives in 2018. Recode named him one of ten major Silicon Valley donors and fundraisers for the 2018 November midterm elections Conway was the single largest campaign contributor to Ed Lee in his successful campaign for Mayor of San Francisco in November 2011; Conway raised $600,000 for Lee through independent expenditure committees. Since then questions have been raised about whether Lee has taken actions to benefit companies in which Conway has investments. Conway was also an early supporter of Mayor London Breed, though in 2018 his focus remained on national issues over local San Francisco elections. However, his wife, Gayle, donated $200,500 to a political action committee that attacked Breed's opponent Jane Kim. In 2014 Conway, along with fellow Airbnb investor Reid Hoffman, donated a total of $685,000 to David Chiu in support of Chiu's tightly fought Assembly campaign against current San Francisco supervisor and 2015 Prop F supporter David Campos. In April 2013, a lobbying group called FWD.us was launched, with Ron Conway listed as one of the supporters. In 2012 Conway founded the San Francisco Citizens Initiative for Technology and Innovation, or sf.citi, a 501 organization that advocates for the technology community and is involved in a number of public initiatives, and private/public partnerships involving tech companies partnering with public agencies such as the San Francisco Health Department., the Office of Emergency Management, the police dept., and the school district.
