OC’s Wealthiest 2024: VINNY SMITH

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VINNY SMITH
FOUNDER
TOBA CAPITAL

GOALS: Toba has been looking for more investments in the tech area. “Toba Capital is an early-stage investment firm committed to helping create incredible technology companies,” the firm says on its website. The firm is based in Newport Beach and Los Angeles.

THE MONEY: Gained about $800M in 2012 from sale of Quest Software to Dell. Used proceeds to start Toba, OC’s largest VC with $1.3B of assets under management.

BIG BREAK: Investor who joined Quest in 1995, when it had 35 employees and $9.5M in annual sales; became CEO in 1997. He engineered the $2.4B sale of the company to Dell in 2012.

OC INVESTMENTS: Alteryx, SecureAuth, NextVR, Synoptek, Happy Money, Tebra Technologies

PHILANTHROPY: Supports more than 100 charities, including his own Teach a Man to Fish Foundation.

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Sonia Chung joined the Orange County Business Journal in 2021 as their Marketing Creative Director. In her role she creates all visual content as it relates to the marketing needs for the sales and events teams. Her responsibilities include the creation of marketing materials for six annual corporate events, weekly print advertisements, sales flyers in correspondence to the editorial calendar, social media graphics, PowerPoint presentation decks, e-blasts, and maintains the online presence for Orange County Business Journal’s corporate events.