An update on Version One’s thesis: backing mission-driven founders
Technology changes. The startup market evolves, and so do we as VCs. Over the past few months, we’ve reflected on our journey over the past decade, who we are and what we invest in. We’ve quietly made changes to our website. And here’s the official unveiling, with a quick synopsis of our new messaging and […]
One year into Fund III: some high level stats
A few weeks ago I shared my reflections on my first year as a GP. Along with all the well wishes (thank you!!), many asked what Version One is investing in these days. Our portfolio companies aren’t as quick to publicize fundraising rounds like they used to and as such, we’re not making as many […]
VCs rarely make exceptions to their investment scope
Part of the job of a VC is to deliver on the promises they made to investors when raising the fund. Every VC defines their investment scope by a combination of thesis (e.g. invest in network-effect driven business), thematic interest (e.g. invest in AR / VR companies), stage (single stage versus lifecycle investment), ownership targets, […]
Q1 Round-up: Portfolio companies in the news
In the past, we typically wait until the end of the year to recap what’s happened here at V1. But with a group of incredible startups doing great things, we’re determined to provide more frequent updates. If you’re not already familiar with the startups and founders making up the V1 portfolio, here’s a summary of […]
Our (refocused) investment thesis
Over the years, we have invested in almost every category out there: from ad tech and content, to gaming, hardware, marketplaces, e-commerce, and SaaS. We’re constantly revisiting the types of businesses we should be investing in and refining our investment thesis driven by three key questions: Which markets/business types do we understand the best? Where can […]