
Alphabet’s $4 billion growth-stage fund announced a major change yesterday in a blog post: David Lawee, the Google executive who founded CapitalG in 2013, was retiring.
In his stead, CapitalG has named general partner Laela Sturdy as its new managing partner and leader. Sturdy was one of Lawee’s first hires. She joined CapitalG in 2013 and shortly thereafter started leading some of its most prominent investments, including Stripe, Duolingo, and UiPath.