First and foremost, we look for outstanding entrepreneurs—whether this is their third startup or their first. We have a long history of working with first-time entrepreneurs and have partnered with dozens of founders when they were still in the concept stage. We care more about your intellect, track record and potential than your PowerPoint skills. We seek to invest in companies that are capital efficient, can scale rapidly and are early movers.
We like to get to know entrepreneurs early, ideally before they are ready to raise capital. We are also happy to meet with you when you are fundraising.
We prefer to be the first institutional investor in a company and the largest non-management shareholder. We occasionally make seed-stage and later-stage investments. We typically make follow-on investments over the life of a company, depending on its needs.