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Grove Street Hires Mario Miranda as Vice President
Newton, MA – July 9, 2018 – Grove Street, a leading discretionary private equity and venture capital fund investor, is pleased to announce that Mario Miranda has been hired as a Vice President in the investing team where he will be working closely with the firm’s Managing Partners and Principal.
“We are excited to announce Mario as the new addition to our investing team,” said Catherine Crockett, Managing Partner and Founder of Grove Street. “The firm is celebrating its twentieth anniversary and we are as determined as ever to continue to invest in our talented multi-generational investing team for the firm’s success for years to come.”
Prior to joining Grove Street, Mario worked in Goldman Sachs’s Leveraged Finance team for four years and in Citigroup’s Financial Sponsors team for a year, focusing on structuring and executing financings primarily for middle-market leveraged buyouts. Mario is a graduate of the Huntsman Program at The University of Pennsylvania where he received a BA in International Studies from the College of Arts & Sciences and a BS in Economics from The Wharton School, both Summa Cum Laude. He also received an MBA from The Wharton School.
a16z Podcast: Construction Under Tech — The Build
Continuing our series on how tech is changing construction — one of the industries most resistant to change (and facing declining productivity) — this episode of the a16z Podcast looks at what happens when you go from planning to actually putting boots on the ground. How can tech translate rich data sets into the just-right types, amounts, and levels of information for each different piece of the incredibly complex, dynamic, time-and-space problem that is a building site? Productivity issues such as average cost increases of as much as 80% — and average delays of 20 months — for megaprojects in the industry make innovation an imperative. But how can that actually be implemented on a site?
Martin Fischer, professor of civil and environmental engineering at Stanford; Saurabh Ladha, cofounder and CEO of Doxel, which uses AI to real-time measure progress and inspect quality on construction projects; and Christopher Rippingham, who leads technology and innovation leadership for nation-wide commercial contractor and manager DPR Construction discuss with a16z’s Hanne Tidnam how AI is introducing something fundamentally — no, foundationally — different for the construction industry: the feedback loop.