One of the things that we’ve discovered is that every place, these ecosystems, have something that they do best, that they’re special about. And, if you go in and you talk to people about where they’ve had success in the past, where their expertise... Read more
Our diligence is pretty extensive. It’s about a 60-day process. We have a dual path of both business and legal diligence. From a business standpoint, once the internal review’s over and we made a decision to go forward, we engage an outside group of... Read more
I spent my career representing companies that were raising capital and funds that were investing capital in those companies. And, I think the key thing that was the light bulb that came on for me, for iSelect, and what was the fundamental discovery that gave... Read more
Some people sometimes ask why is now the right time for venture. The answer is now is not explicitly the right time. Venture is something we need in our economy at all times. Now is no better than any other particular time. The question is, why ever stop? If we look... Read more
iSelect is a very unique product, but when you break it into it’s parts it’s fairly easy to understand. On the front end, we’re a traditional venture capital fund. We have a diligence process, we have an investment process, we have certain... Read more
A key component of venture capital is diversification. Some people have made investments in startups, and they’ve taken off for a while, and then failed. If you invest in one or two companies, you have a high risk that you are going to lose your money. If you look at... Read more