Abundance
Our investment philosophy is based on the fact that we see the world through the filter of abundance. We think there is more than enough in the world to go around and create plenty for everyone. We don’t think water is scarce, we just haven’t found the most cost effective way to make it abundant for all yet. We don’t think food is scarce, we just haven’t imagined what it would be like if we could cultivate other planets. We knew people had the potential to speak to millions (or even billions) simultaneously, we just hadn’t created the kind of technology to support it. We are searching for entrepreneurs who are going to use technology to unlock this potential and turn perceived scarcity to abundance. We are eager to learn from them about how they’re going to do this.
We believe scarcity elimination (abundance creation) can only happen at a global level which is why we insist on building global startups.
We do things for a reason. First and foremost, we shaped our Why, then we got to How and What. Our Why is to support Entrepreneurs in our network to build the best possible lives for themselves and others. Our How is by building a global innovation platform to invest in and promote them. Our What is a Venture Capital fund and a series of innovation labs.
Values
Our values stem from this philosophy of abundance and are in perfect harmony with the world that is being driven by technology. Technology plays a major role in our lives today and has empowered individuals and groups to do more with less. To be creators and makers rather than pure consumers. It enables collaboration and communication at unprecedented speed and scale. With transparency this collaboration is reinforced and trust becomes easy to achieve.
I strongly encourage you to read these two books and watch the video to become familiar with these concepts and our philosophy:
Adam Grant
Wharton professor, New York Times bestselling author of GIVE AND TAKE and ORIGINALSwww.adamgrant.net
Abundance the Book — by Peter Diamandis and Steven Kotler — Abundance — the Future is Better Than…
Abundance — the Future is Better Than You Think — is a new book by Peter Diamandis and Steven Kotler. Official…www.abundancethebook.com
Team Culture
We believe in #givefirst and Conscious Leadership. The giver mentality provides us with such powerful energy to help others without any expectation and helps frame our mind into helping others at any cost. Once we can achieve this level of giving, the world will do whatever it can to help us sustain it.
Conscious Leadership has 15 commitments which we actively practice and remind each other about. We help each other find our genius which in turn helps us identify genius in entrepreneurs and startup founders.
I highly recommend reading this book to become familiar with this concept and our team culture:
Conscious Leadership Group
We’re committed to self-awareness, curiosity, responsibility, authenticity, candor, mindfulness, transformation…conscious.is
Excelling at Venture Capital (VC)
There’s no typical path to becoming a VC. In our opinion the main characteristic is having a #venturemindset. This means that we will support entrepreneurs no matter what. In difficult situations, we ask ourselves, what is the one thing that will give this entrepreneur the confidence to take the next step in the face of all the uncertainties? Venture Capital is about the love of authenticity and the people who are going to deliver long-term value and exponential growth.
We are all learning about becoming VCs ourselves. In the past 48 months, we’ve learned a lot, built an outstanding network and closed the gap with current players in the market. We need to increase our global knowledge and strengthen access to genius startups at an earlier stage of their life cycle.
Having the technical knowledge of a term sheet and what goes on in negotiations is a a must and will help make the process more transparent and efficient for both sides. I highly recommend reading this book (third edition coming soon):
Venture Deals: Be Smarter Than Your Lawyer and Venture Capitalist — Feld Thoughts
My partner Jason Mendelson and I are psyched to announce that our book — Venture Deals: Be Smarter Than Your Lawyer and…www.feld.com
The future of technology business
We think there are huge trends colliding and that we are going through the equivalent of industrial revolution of our time with internet. The real-time nature of our current technology powered primarily through the internet has huge implications on the future of business. The interconnectedness of these technologies means that the future businesses will be much more collaborative and will work differently to businesses of only 25–30 years ago. The speed at which communication and information spreads in the world means that businesses have no choice but to be as transparent as possible not to become information bottlenecks.
Therefore, businesses of our time will be connected in every possible way. They will consist of both physical and digital products that can seamlessly work with internal and external systems. This is what shapes our vision for the future and is our fundamental investment thesis.
I strongly recommend reading and discussing this piece to realise the impact of future technology businesses:
How Smart, Connected Products Are Transforming Competition
Information technology is revolutionizing products. Once composed solely of mechanical and electrical parts, products…hbr.org
How Smart, Connected Products Are Transforming Companies
Their impact on the value chain and organizational structure. The second in a two-part series.hbr.org
Thank you for reading. I’d love to hear your thoughts and explore collaboration opportunities.