Venture Capital

Charting return multiples over time

Last week I blogged about the return multiples for our Fund I and how they perfectly illustrate just how much the power law drives VC return. Alex Norman from AngelList asked how these return multiples have changed over time and what insights could be won from that data. It was a great question and ...

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 i ...

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 ...

Can Marketers Leverage Reddit? (Grow Even Faster Newsletter)

My new job at Daisy Intelligence is great but the commute is awful. Who knew that traffic in suburban Toronto was as bad as downtown! The upside – as you can probably tell – is I have discovered podcasts. (Note: Stitcher is a great listening tool). One of my favorites is Pivot featuring Kara ...

Grow Even Faster Newsletter: MailChimp’s $700M Success Story

In this week’s edition of Grow Even Faster, my weekly newsletter, the lead item is how MailChimp became a $700-million business without venture capital or an IPO. For nearly 20 years, the Atlanta-based company has chugged along to become the leaders in the email marketing business. Grow Even Fast ...

Announcing our investment in Guesser, the easiest way to engage with prediction markets

We are extremely excited to announce our investment in Guesser, the easiest way to engage with Augur prediction markets. Among all the crypto opportunities, we are most excited about crypto native opportunities – and prediction markets are clearly native. We spent some time with Augur right after ...

Cyberport: Inside Hong Kong’s unicorn factory

Pierre Mouette is a two-time entrepreneur that was born in Paris, met the co-founder of his current firm in Hong Kong, and is looking to get his line of smart sportswear manufactured in Shenzhen. Now he lives in Hong Kong Special Administrative Region (SAR) and operates his business, Clim8, out of ...

A New And Exciting Marketing Adventure Blooms at Daisy

10 years ago, I lost my job at a startup amid the global financial crisis. Professionally, it was one of the best things that ever happened. It encouraged me to launch my own business, a marketing consultancy focused on strategy, messaging, and brand storytelling. Over the past decade, I have worke ...

Investing in biotech and therapeutics

Over the past year, some of the most interesting and intellectually-stimulating pitches we heard have come from startups in biotech, specifically companies developing therapeutics. From non-hormonal contraceptives that work for men and women to muscle-promoting gene therapy, the potential impact of ...

Building Strong Local Communities

We at Version One are becoming increasingly convinced that stronger local communities can help solve many of the problems we are currently facing. When you think about it, most things that people truly care about are local issues. Do we have access to good schools? Is our neighbourhood safe? Do we ...