We partner early
Our focus has remained the same: help the daring build legendary companies, from idea to IPO and beyond.
While we invest with companies at all stages, we have always preferred to be involved at the very beginning, when the odds of success seem slim, when much is hazy, and when founders need long-term allies. It’s here that we can help most: hiring vital management, honing product positioning, and providing a world of deeply sought connections. The earliest days of a company often set the tone for all that comes later.
Our approach
We are not passive investors. We partner with very few companies. When we do, we roll up our sleeves and get to work helping on strategy, recruiting, and investor intros.
In the early days, we’re seeking exceptional founders with a unique insight focused on a market poised for large growth. We’re more interested in what might be possible than in a working product or existing customers.
We realize fundraising can be a distraction, so we try to be as fast and efficient as possible. We are happy to work with SAFEs or convertible notes. We typically do not take board seats.
We are happy to co-invest, although we will tend to avoid party rounds that fail to set companies up for success. If we invest, we do so because we want to work with you to build a meaningful company. We’ll help you raise your next round of financing. Often, we will try to lead the next round. If we don’t, we will work with you to find a Series A partner.
The earlier we get to know each other, the better. When we invest, we view that as the start of a long-term partnership (5+ years). We believe there will always be opportunities for creative, relentless founders to re-imagine the way the world should work. If you’re one of them, let’s talk.