The industry still has few women and people of color as partners, let alone in leadership positions. CapitalG Founder David Lawee, who previously served as Google's first chief marketing officer and VP of Corporate Development, will be stepping down after a decade at CapitalG and 17 years at Alphabet. Generally speaking, CapitalG invests a lot like other growth-stage firms, but with only one limited partner as an investor -- its parent company, Alphabet. It is distinct from Alphabet's early-stage venture arm, GV (formerly Google Ventures).