Seven years into Fund I: charting the return multiples
We raised our first fund in summer 2012. It was a $15m early-stage fund that we invested in 20 portfolio companies over the course of two and a half years. We’re now seven years in and the portfolio is maturing. I plotted the return multiples (as of June 30, 2019) for all 20 portfolio companies […]
Still growing our team
A year ago, we set out to add to our team. You may recall that we opened a search for an associate last summer. We appreciated spending time with many candidates, as well as the many intros and referrals from our friends. Unfortunately, we didn’t find someone who was the right fit for us – and […]
Do distributed teams need new tools?
A question I have been pondering for some time now, especially since a lot of our portfolio companies are now distributed organizations… This tweet sparked a lot of thoughtful reaction and discussion. Here’s where things have landed at the moment: According to the responses, entrepreneurs running remote organizations seem pretty happy with the current software […]
The importance of checking in
Last week was a rough week. I can be a pretty open book when it comes to my personal and professional life (though I’m not going to delve into the details here). As I shared what I went through, the kindness and encouragement from family, friends, and colleagues helped tremendously. I proactively sought support from […]
Q2 2019 Summary: Portfolio News and Activities
Happy Canada Day to our friends and colleagues north of the border, and Happy Fourth of July to those of you south of the border. We hope everyone is having a great start to summer. Here’s a quick recap of the key activities and announcements from this past quarter. Welcome to the V1 family! We […]