V1’s latest investment: Booster Fuels – on-demand delivery of gas for vehicles
Last year, we quietly invested in the seed round of Booster Fuels, a then-stealth on-demand gas delivery service. Today, we’re excited to officially announce our investment as they raise their Series A financing from Maveron, Madrona, and RRE, and other invests, as well as expand into Silicon Valley. Much has been written about the Uberification of the economy […]
In the on-demand economy, disruption can come from above
Clayton Christensen has written the book on disruption. He’s one of Silicon Valley’s most popular business school professors and we often subscribe to his theory on disruption from below. With his theory “Disruptive Innovation,” Christensen states that “a product or service takes root initially in simple applications at the bottom of a market and then relentlessly […]
Why there won’t be an Uber in every vertical
The success of Uber has inspired hundreds of startups to call themselves the “Uber of X, Y, or Z.” There are now apps to order groceries, have you car washed, get legal counsel, and much more. Uber is part of a broad category of on-demand mobile services. Thanks to smartphones and cloud computing, it’s easier than […]
V1’s latest investment: Headout, a last minute marketplace for tours, activities and experiences
We’re thrilled to announce our newest investment: Headout, an on-demand mobile concierge that helps travellers discover and book last-minute activities during vacations at great prices. Headout makes discovering new cities easy and spontaneous. As frequent travelers, we have been watching this space for a while, but most players took a web-first, mobile-second approach. Web-first doesn’t […]