1 Mifflin Place Suite 300
Cambridge, MA 02138
28W 27th Street Suite 10F
New York, New York 10001-6906
As venture capital funds get increasingly large, we have created a small fund ($50M) that is dedicated to investing in seed stage deals.
Unlike big venture capital firms, we expect to generate returns almost exclusively from seed stage investments. Hence, we have the same incentives as founders to increase the value of the company in future financings. We are also comfortable with smaller exits if that's what the founders want.
A significant portion of our fund comes from active entrepreneurs, many of whom have made Founder Collective their sole entity for private company investing. When we invest in your company, you get access to and help from these entrepreneurs.
We think there is a particular need for this on the East Coast of the US, where we are based. We think the East Coast is poised for a technology revival and we hope to be part of it.
None of us have ever been bankers. We like products and building stuff. We show up on time and don't email during meetings.
Think of it as peer-to-peer investing.
In what industries/sectors will you invest?
We are industry agnostic. Some of our best investments (and our own startups) have been in extremely untrendy areas. We prefer companies that have an information technology component.
What do you guys know about starting companies?
As startup founders, we have collectively raised dozens of rounds of venture capital. We have sold our own companies for a combined value of over a billion dollars. Four of us are currently running startups as our full time jobs.
A large VC is offering me money as part of their seed program. Why should I prefer a dedicated seed fund like Founder Collective?
See this blog post.