Michael Miao
VP of Finance & BizOps at Glean
San Francisco, California
Overview
Work Experience
VP of Finance & BizOps
2023 - Current
Glean combines industry-leading RAG technology with LLMs to fundamentally change how people work. We are a Series E Work AI startup that has raised $620M from Kleiner Perkins, Lightspeed, General Catalyst, Sequoia, IVP, ICONIQ, Coatue, Altimeter, DST, SoftBank, Craft, and Sapphire. At Glean, I oversee our Strategic Finance, FP&A, Corporate Development, Accounting, Business Operations, and Office functions. We are actively hiring across the organization. Come work with us!
Glean develops an AI-based search engine software that connects enterprise data and generates answers through a tool in any company.
Raised $618,200,000.00 from Coatue, Kleiner Perkins, General Catalyst, ICONIQ Growth, Cacti, Latitude Capital, Craft Ventures, Altimeter, Lightspeed Venture Partners and SoftBank Vision Fund.
Partner
2016 - 2023
Investment Experience (Chronological Order): - Jasper Series A - Pigment Series B - SEON Series B (Board Director) - Veriff Series B (Board Observer) - Aledade Series E - H1 Series B (Board Observer) - Aiven Series B (Board Observer) - Curology Series D (Board Observer) - HashiCorp Series D - CrowdStrike Series E - Motive Series C (Board Observer) - Wise Series E - Grammarly Series A (Board Observer)
IVP is a later-stage venture capital firm investing in fast-growing technology companies.
Strategic Finance
2014 - 2015
Led several cross-functional strategic projects across corporate finance, biz ops and product management Built financial and operating models for use in company planning and strategic engagements A/B tested new features and built internal tools to track KPIs Spearheaded SQL/analytics training for 10+ Strategic Finance and Business Operations new hires Corporate Finance: - Built data driven cohort based model to predict Dropbox storage growth for company planning - Worked on Dropbox’s $500M Revolving Credit Facility and Dropbox’s $350M Series C fundraise - Developed board decks for quarterly board meetings Biz Ops: - Dropbox Pro go-to-market roadmap strategy to accelerate Pro’s long-term growth potential - Worked on Amazon Web Services negotiation that led to significant decrease in public cloud costs - Built competitive landscapes for collaboration software, Y-combinator and data analytics companies Product Management: - A/B tested and launched new promotions for expired Samsung and HTC deal users - A/B tested and shipped Weekend Notifications feature - Shipped initiatives such as metadata optimization and elimination of low engagement space bonuses
Dropbox is a smart workspace company that provides secure file sharing, collaboration, and storage solutions.
Raised $1,709,215,000.00 from JP Morgan Chase, RBC Capital, Deutsche Bank, Macquarie Group, Goldman Sachs, Bank of America and JPMorgan Partners.
Investment Banking
2012 - 2014
Completed transactions include: - Cox Media Group's $20M private placement in Collective - Rally Software's $138M follow-on offering - Web.com's $225M convertible debt offering - SunPower's $300M convertible debt offering - Dell's $25bn leveraged buyout - Freescale's $800M term loan facility - Guidewire's $378M follow-on offering - Supercell's $1.5bn sale of 51% stake to SoftBank and GungHo (adviser to key selling shareholders) - Trulia's $200M convertible debt offering
DB Capital Ventures invests in early-stage and emerging growth businesses and is a venture capital firm based in New York.