Spanish engineer turned Silicon Valley investor. Started with €1M fund in Spain (2011), moved to SF in 2013, built track record via AngelList/Forge secondaries and Workday Ventures partnership. Manages ~$70M across vehicles including Juniper (5x gross, 44% IRR), Almanac Evergreen, and opportunity SPVs. Specializes in late-stage secondary purchases in enterprise SaaS, cybersecurity, and defense tech. Four funds liquidated with 44%+ net IRR.
Workday passed on buying Okta but Vilela saw clear path to $5B+ valuation; bought secondary at last private round ($1B) and captured 10x at IPO six months later.
Employee liquidity need created entry at $50/share (below last private mark); IPO priced at $40 but fundamentals drove rally to $160; disciplined selling at $120 and $100 based on valuation model, not hype.
In 2022 correction, bought cybersecurity leader Netskope at 25% discount to last private round ($9B vs $12B) as sole buyer; company subsequently IPO'd, returning half the fund on this single position.