Team · advisory board
An information advantage.
Our advisory board is made of former operators: finance chiefs, engineering leaders, scientists and founders. They hear about companies before the market does, sit in diligence on the businesses they know best, and tell us when to walk away.
Sources
Interactive
Sit on the board for one deal
Five steps, one company, the way the bench works a deal. Pick a company that is already public and play a board seat.
Step 1 of 5
Where did the signal come from?
Illustrative simulation. Company facts are cited; board dialogue is written by CrossWork.
Sources
What they do
Three ways the board changes what we see
Early sight
Members hear about companies before the market does, from founders, boards and early employees they have worked with.
Diligence
Former finance chiefs, engineering heads and scientists sit in diligence on the businesses they know best, and tell us when to walk away.
Access
An introduction from someone a founder trusts is what opens the door.
Sources
The bench
Who sits on it
The bench combines former Fortune 500 chief executives and finance chiefs with operators inside today's pre-IPO companies.
- Ann SardiniFormer CFO, Weight Watchers
- Charles MeintjesFormer COO, Peabody Energy
- Smruti PatelFormer Head of Data Engineering, Stripe
- Mike LittleCo-founder, WordPress
- Bill CanceFormer Chief Medical Officer, American Cancer Society
- Regina Benjamin, M.D.18th U.S. Surgeon General
- Kevin HarringtonEx-Shark Tank judge
- Les VinneyFormer CEO, STERIS
- Nancy ZhengVP, AI Inference, Cerebras
- Charles Bisgaier, Ph.D.Co-developer, Lipitor
- Andrea HuntFormer Director, Catalyst Biosciences
- Theresa CerulliClinical Instructor, Harvard Medical School
Selected members. Full roster under NDA.
Sources
Coverage
Where the board has operated. Inside the businesses we look at.
Each tile is a role held by a member of the bench, in the sector they know from the inside.
- Consumer healthFormer CFO, Weight Watchers
- EnergyFormer COO, Peabody Energy
- Payments infrastructureFormer Head of Data Engineering, Stripe
- Internet softwareCo-founder, WordPress
- Consumer mediaEx-Shark Tank judge
- PharmaceuticalsCo-developer, Lipitor
- Public health18th U.S. Surgeon General
- Life sciencesFormer Director, Catalyst BiosciencesClinical Instructor, Harvard Medical School
- HealthcareFormer Chief Medical Officer, American Cancer Society
- Medical devicesFormer CEO, STERIS
Sources
In practice
How the board is used. Five places it enters a decision.
Members work on specific companies, in the areas they know from running them.
Industry insight
Sector knowledge and trend reading that informs each evaluation.
Diligence and risk
Former operators pressure-test a company's claims before a decision.
Thesis and strategy
Input on where a category is going and which companies define it.
Network and access
Introductions to companies, co-investors and executives.
Governance and regulatory view
Perspective from people who have run regulated businesses.
Sources
About CrossWork
The firm behind seven recent exits valued above $50 billion.
CrossWork is a venture capital group for the late stage: large private companies in markets still being built, in segments of the economy that are growing fast. Access comes through an advisory board of former operators.
- 7 recent exitsIncluding the second-largest US IPO of 2026 by a first-time issuer.
- $50B+ exit valueSeven recent exits, valued at more than $50 billion in aggregate at the time of each event.
- 2011On the record before the Facebook and Twitter IPOs, with MidasLP research on both.
Sources
- 25. As of June 30, 2026, per Renaissance Capital 2Q 2026 US IPO Market Review; ranking among first-time issuers. Bloomberg, May 14, 2026. SK Hynix's $26.5B US ADR offering (Bloomberg, July 10, 2026) is a US listing of a company already public in Korea and is excluded.
- 26. Publicly reported values only: Cerebras $56.4B fully diluted at the $185 IPO price (Bloomberg/Yahoo Finance, May 14, 2026); Scale AI: >$29B implied by Meta's $14.3B purchase of a 49% stake in June 2025, a partial realization for holders (Reuters/CNBC, June 2025); AuditBoard >$3B (Hg, May 23, 2024); Reltio $1.26B (SAP Form 6-K, May 2026). DataStax (IBM, 2025), SingleStore (Vector Capital, 2025) and Salsify (Cinven, agreed July 2026, pending) are excluded because terms were not disclosed.
- 34. Facebook Newsroom, May 17, 2012: Facebook announces pricing of initial public offering; shares expected to begin trading on the Nasdaq Global Select Market on May 18, 2012.
- 35. Intercontinental Exchange (NYSE), November 7, 2013: Twitter celebrates initial public offering and first day of trading on the New York Stock Exchange.
Who we are
A venture capital group for the late stage.
An advisory board of former operators — finance chiefs, engineering leaders, scientists and founders — and a method first run in Midas I, now applied in Midas II.
What we do
We look for companies with real revenue, real customers and a visible path to liquidity, rather than pre-revenue stories.
Who we serve
Family offices, institutions and experienced individuals with a long horizon who accept the risks of private markets.
How we are organised
Each investment is made through its own vehicle. Investors see their positions and documents in the CrossWork portal.
Sources
Method
Three steps, repeated
- 01
Look where operators look
Board members tell us which companies the people doing the work already rely on.
- 02
Diligence with people who ran it
Former finance chiefs, engineering leaders and scientists sit in diligence on the businesses they know best.
- 03
Access follows trust
An introduction from someone a founder trusts is what opens the door.
CrossWork became a Cerebras shareholder in 2023. In May 2026 its IPO raised $5.6B at $185 a share, the largest US tech IPO since Uber. Midas I held AuditBoard before its sale. In 2024 Hg acquired it for $3B+, the largest such purchase of 2024 at the time.
Work with the board
Operators join the board to work on companies in their field.
Individuals and family offices who invest alongside the board start here.