Venture Capital

Announcing Version One Fund III

We are very happy to announce the launch of Version One Ventures III with $45M USD ($57M CAD) in commitments. With Fund III, we’re doubling down on all that has worked in our previous funds – our strategy, geography, investment thesis and philosophy. It’s an exciting time to be launching a ne ...

Episode 87: Trust and the Data Scientist’s Dilemma with Kathryn Hume

Is it unethical if your company doesn’t do it’s due diligence on avoiding bias? In this episode, Jon Prial talks with Kathryn Hume, the Vice President of Product and Strategy at integrate.ai. Kathryn and her team recently published a paper entitled “Responsible AI in Consumer Enterprise” wh ...

Six Things I Learned From Seeing Tony Robbins Live

One of the things on my business bucket list has been to see Tony Robbins speak live. So, when I heard he was coming to Toronto, I couldn’t pass up the opportunity. Last week, I headed off to a cavernous convention center in suburban Toronto, along with 6,000 other people. Several speakers – so ...

Scaling from maker to manager

A few weeks ago I shared some important leadership lessons from Stewart Butterfield, including investing in your own growth to make sure that the founder scales as fast as the company. Growing with your start-up can be a very tough undertaking for a founder. It requires reinventing yourself dramati ...

A MODEST CANADIAN VC HAS AN HISTORIC EXIT WHILE NO ONE’S WATCHING

Just before a long weekend at the very height of summer, an unassuming VC in Toronto quietly finalized one of the biggest exits in the software category by a Canadian VC. Most people missed it, but there’s little doubt the US$1.55 billion acquisition of financial modelling SaaS startup Adaptive In ...

Reflecting on 5 years in VC: How to survive the marathon

The beginning of September is an important time for me as it marks my “VC anniversary.” Five years ago, I was hired as an analyst at Version One and now it’s an absolute privilege to be joining Boris as a General Partner. I’m so grateful for everyone’s congratulatory wishes and kind words ...

Amazon is just getting started, Bruce Croxon says

Amazon’s (Quote, Chart NASDAQ:AMZN) brief entry into the $1 trillion club has some investors wondering how much runway is left for the stock which has more than doubled over the past year and is now trading near the US$2,000 mark. Not to worry, says entrepreneur and venture capitalist Bruce Croxo ...

Episode 84: The Rise of the Digital Restaurant with Ray Reddy

Everything is going digital and restaurants are no exception. In this episode, Jon Prial talks with Ray Reddy, the Co-founder and CEO of Ritual, a company that has built a fascinating consumer-facing social app that allows people to order food for pickup. And while that may seem simple enough, ther ...

Congratulations to Angela Tran Kingyens, Version One’s new General Partner

When I started Version One over six years ago, I started it as a single GP firm with no defined plan to ever add a partner and build a “franchise.” So it is with tremendous happiness that I can announce today that Version One now consists of two General Partners with Angela joining me in the pa ...

Growing our team: V1 is hiring an associate

VC is an apprenticeship industry. When I joined Version One five years ago, I would have never guessed that I would be where I am today. So much of who I am today has to do with the fact that Boris spent a ton of time teaching and mentoring me, despite our different locations. From Day 1, he was de ...