We focus on disruptive, well-established, well-funded, later stage private companies that are strongly positioned for IPO or acquisitions that we believe will occur within the next few years.
Based on our relationships and experience, we believe that we will be able to gain entry into these companies at relatively low valuations.
Our goal is to invest into approximately 10-20 underlying portfolio companies.
We seek to provide access to mid and late stage private companies, including but not limited to companies like DocuSign, LYFT and Pinterest, without having to pay a premium by joining primary funding rounds and without requiring large check sizes on individual investments.
In addition, in our experience, primary rounds in well-established private companies are often oversubscribed and have limited access for new investors.
We primarily seek to invest in companies that have existing institutional and/or top venture capital support, established market share, good growth, and funding from reputable investors, including without limitation, Andreessen Horowitz, Sequoia Capital, Founders Fund, Kleiner Perkins Caufield and Byers, Benchmark, Greylock Partners, Fidelity Management, Goldman Sachs and Morgan Stanley.
Our objective is to buy positions and gain access to these same companies, at a discount to previous valuation rounds.
How? We have built relationships establishing access to shareholders, former/current employees, early founders, and other sources seeking exit opportunities to address liquidity and/or diversification concerns. These shareholders are often willing to sell their holdings at discounts to previous valuation rounds.