Summary List PlacementOver the past few years, Iconiq Capital has built out a venture-capital investment arm, tying its fortunes ever more tightly to the technology industry that built its business. It's going very well. By the end of 2020, VC unit Iconiq Growth had invested more than $5.4 billion across dozens of startups, investments that were by then worth more than $23 billion on paper, according to internal documents from the firm's five Iconiq Strategic Partners funds shared with Insider by a source.