We’re all in this to build cool technologies and services that are spectacularly financially successful.
And we are all fighting common enemies — namely mediocrity and failure. In this fight, do you want colleagues sweating with you in the trenches? Because we aren't just a monthly board member or a mentor.
Traditional VCs provide people connections and monthly board advice, but are time prohibited from providing more.
Incubators provide classes, mentors, and infrastructure, but play a numbers game, making many bets to find a winner at long odds.
We change the odds. We invest, we join the team, and we work together. We work with only 1 to 2 companies per person. And our experience has been that we transform a 20% chance of success into a 75% chance.
Serial successful founder / investor
Much of our fund is our money, which means we work hard for the success of our investments.
We also have outside investors, many of whom are interested in working with companies the same way we do.
Our fund is structured much like a venture fund, with a 2% management fee and 20% carried interest.
But there is one difference – the more our investors help us and help our companies, the bigger their slice of the profit pie becomes.
Structure drives behavior, and our structure is solely directed towards building successful companies.