AdMob Founder Omar Hamoui To Join Sequoia Capital
Omar Hamoui is known for being the founder of AdMob, a mobile advertising company that Google acquired for $750 million in 2009. Hamoui will now be joining venture capital firm Sequoia Capital as an investment partner in a few weeks. Sequoia Capital was a supporter of Hamoui’s since the beginning as they invested in AdMob when he ran the company by himself.
When Hamoui left Google, he started a new incubator company called Churn Labs in March 2011. He started Churn with AdMob’s first engineer Mike Rowehl. Churn Labs is known for powering several startups like Maybe (bought by LinkedIn), Emanata, and Metaresolver (acquired by Millenial Media). Hamoui also invested in several companies like Gigwalk and Offermatic.
“The last time Omar resided at Sequoia he incubated AdMob. We’re excited to see how he can help founders now that he’ll be sticking around,” stated Sequoia Capital partner Jim Goetz. Goetz actually opposed AdMob from selling because he believed that AdMob could be a bigger public company.