Venture Capital

Thoughts on the State of DeFi

The last couple of weeks have been quite a test for cryptocurrency markets in general and DeFi in particular. On Black Thursday (March 12), BTC/ETH prices declined by ~50% and DeFi’s flagship project, MakerDAO, ended up with ~$5 million USD in unbacked DAI. You can read Tom Schmidt’s excellent ...

Content Marketing When No One Gives a Crap About Your Product

Amid COVID-19, no one cares about your product. They don’t care about how much it costs. They don’t care about your email marketing campaigns, social media updates, or how you’ve raised venture capital. They care about the health of their families, keeping their jobs, making their boss happy, ...

Announcing the Version One Opportunity Fund

It has been almost 10 years since Union Square Ventures launched the first Opportunity Fund, creating a strategy that has since been copied by many other VC’s. An opportunity fund is basically a separate pool of capital that allows a VC to continue to invest in its most promising portfolio compan ...

University of Waterloo launches healthtech venture fund

The University of Waterloo has announced that is launching a venture fund focussed on healthtech startups. ...

Today’s opportunities in enterprise SaaS

Enterprise SaaS has seen tremendous growth over the past decade and created many, many large stand-alone companies. Given the current public struggle of tech-enabled services, marketplaces, hardware and DTC companies, enterprise SaaS also feels like VC’s most favourite investment category right n ...

Max’s Investment Themes

In my first post, I shared a bit about my worldview and values. Today, I’d like to outline some of my investment themes. Note that my personal interests and theses (each of which ties into Version One’s firmwide network effects thesis) are constantly evolving – so this is a perpetual rough dr ...

Hello from Max

To all of the Version One founders, friends, and followers: I’m extremely excited and grateful for the opportunity to join the team! Becoming a VC is a bit of a surprise for me, but I believe that it is a perfect fit for my current passions and abilities. Over the next two posts, I’d like to sh ...

Welcoming Max Webster to the Version One team

In August 2018, we set out to add a third member to our team. A year and a half later, we are thrilled to welcome Max Webster as Version One’s new associate. It was A LONG journey. We received, reviewed and responded to almost 500 applications over this period of time. We were looking for someon ...

How to stop ‘conversation hijacking’ from hijacking your firm

Man-in-the-middle attacks, as the name suggests, involve techniques where attackers in some way insert themselves in the middle of a transaction or communication for advantage. One of the most recent publicly-reported examples was the diversion last year by criminals of $1 million that was supposed ...

Grow Even Faster Newsletter (November 22, 2019 Edition)

Every week, I scour the Web looking for interesting content about marketing, sales, and growth, as well as items that I find interesting. Then, I package them up in a newsletter that is published on Saturday mornings. Here are the links from the Nov. 22 issue. If you like what you read, subscribe h ...