The Ledger
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Individual VC partners personally backed Boom after their funds passed
“It was very typical that we would make it to the full partnership stage, and the fund would end up passing, although individual investors in that group would come in personally.”
Stripe co-founder John Collison was Boom Supersonic's very first investor
“It was John Collison, the co-founder of Stripe. And this was in the relatively early days of Stripe before it was the massive success that it was today. John was a pilot. I met him through a friend and we went out to dinner or talking about what we were doing …”
Boom's early capital came from high-net-worth individuals and personal VC checks
“A lot of our capital as the company was, particularly on the young side, has come from ultra high net worth individuals. Many cases, well-known VCs who are investing outside of their funds where they don't have those timing constraints.”