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Mike Smith

Mike Smith is a co-founder and general partner of venture capital firm FootworkFootworkFootwork is an early-stage venture capital firm founded in 2021 by Mike Smith and Nikhil Basu Trivedi, with an office in San Francisco. It leads or co-leads seed and Series A rounds in consumer technology and the consumerization of enterprise technology. Its $175 million first fund launched in 2021, and it began investing its $225 million second fund in 2025.Open the full entry. He was chief operating officer of Walmart.com and held operating, menswear and executive roles at Stitch Fix as it grew from an early-stage business into a public company. He founded Footwork with Nikhil Basu Trivedi in 2021 and serves on the boards of Ulta Beauty and MillerKnoll.

Contents15 sections
Key facts

Early life: education and career beginnings

Smith grew up in Northern Virginia and earned a bachelor’s degree at the University of Virginia and an MBA at UC Berkeley’s Haas School of Business. Before Walmart, he worked in business and corporate development in software and consumer internet.⁠[1][2][3]

Walmart.com

Smith worked at Walmart.com from 2003 to 2012, serving as vice president in 2008–2010 and COO in 2010–2012. He oversaw operations for the roughly $5 billion division and helped develop its Site to Store pickup service.⁠[4][5]

joining Stitch Fix

Smith joined personalized styling company Stitch Fix as COO in June 2012. His responsibilities expanded across operations, stylists, merchandising and customer experience as the company grew from a startup into a public business.⁠[4][5]

leading Stitch Fix Men

From March 2016 to September 2017, Smith served as general manager of Stitch Fix Men. He returned to the company-wide COO role in September 2017.⁠[4]

company president

Stitch Fix’s official biography dates Smith’s appointment as president to October 2018, alongside his operating responsibilities. He later also served as interim CFO; a 2020 regulatory filing listed all three positions.⁠[4][6]

Herman Miller board appointment

Herman Miller appointed Smith to its board and audit committee effective January 16, 2019, citing his e-commerce, customer-experience and operating expertise as relevant to its digital business.⁠[5]

Ulta Beauty board appointment

Ulta Beauty announced Smith’s appointment as an independent director on September 19, 2019, effective the previous day. It highlighted his retail, data-analytics and logistics experience and his then-current roles at Stitch Fix and Herman Miller.⁠[3]

planned move into venture capital

Stitch Fix disclosed that Smith intended to leave management to start a venture firm while remaining through the finance-leadership transition. It appointed him to the board that day. The announcement concerned his planned departure and immediate board appointment, rather than the end of his executive service.⁠[6]

founding Footwork

Smith and former Shasta Ventures investor Nikhil Basu Trivedi launched Footwork with a $175 million first fund. They had served together on Imperfect Foods’ board and co-invested before combining their operating and investing experience to support early-stage founders.⁠[7]

Via investment and directorship

Footwork led a $15 million Series A in mobile-commerce software company Via. Smith joined its board alongside Peterson Ventures’ Ilana Stern and Via’s two founders. The company provided merchants with text-message, messaging and mobile-app commerce tools.⁠[8]

Footwork’s second fund

Smith and Basu Trivedi disclosed that Footwork’s second fund closed in February 2025. The website lists $225 million and says investing began that year. They continued investing as equal general partners.⁠[9][1]

views on enterprise AI adoption

In an interview published by The Peel, Smith said public-company boards gave him access to enterprise-software buyers. He saw AI discussions extending across customer service, coding, marketing and supply chains, and considered operating experience useful for assessing demand.⁠[10]

Topics: current roles and portfolio

Current Footwork and Ulta Beauty materials identify Smith as Footwork’s co-founder and general partner and a director of Ulta Beauty and MillerKnoll. Footwork’s disclosed portfolio spans consumer products, enterprise software, healthcare and AI applications, including Cradlewise, Heard, Felt, Elicit, GPTZero and Anything.⁠[1][2]

Public accounts and firm profile

Sources

  1. Footwork — official firm profile (opens in a new window)
  2. Ulta Beauty — Board of Directors: Mike C. Smith (opens in a new window)
  3. Ulta Beauty Announces Addition to Board of Directors (opens in a new window)
  4. Mike Smith — official executive biography (opens in a new window)
  5. Herman Miller Appoints Digital and Consumer Leader to Board of Directors (opens in a new window)
  6. Stitch Fix Form 8-K: executive transition and board appointment (opens in a new window)
  7. Footwork: announcing Fund I (opens in a new window)
  8. Via: Footwork investment in mobile commerce (opens in a new window)
  9. Footwork at Year 4 (opens in a new window)
  10. Footwork’s Secret Sauce | Mike Smith, Nikhil Basu Trivedi (opens in a new window)
  11. Mike Smith (@msmith492) (opens in a new window)
  12. Mike Smith | LinkedIn (opens in a new window)