Answered produced feed
D 5 · C 5 · P 4 · Cm 4 4.60
Q Makes perfect sense. Okay. Now, now take us into one of these companies you're most excited about. I know you've got kind of eyes that old cabbage I hear is on a tear. Which one is your baby? Which one's your favorite baby?
A So since you mentioned cabbage, um, again, we're proud of all of them, but since you mentioned cabbage, it's probably one that's, uh, that has been in the press lately. Uh, It's a company we invested early on in, in the fund, uh, and we've been working with them in developing, um, uh, a working capital loans product for the UK that was just launched a few, a few weeks ago. Uh, and that's a perfect example on how we work with our companies. So think of Cabbage initially as a, as a U S company, uh, with a well-established, very successful business over there that wants to be international and how sent on there can be the international partner for one of their core markets now. Uh, here, here in the UK. So I think the reason why I'm proud of that one in particular is because, you know, it's a successful investment. It's a successful partnership. Uh, everybody involved in the relationship sees a lot of value in, um, in, in, in the relationship. And, you know, that's a relationship that's only meant to scale up and keep on progressing as a company is more and more successful. So I would say that that's a perfect example of how we like to work.
AI assessment note: “since you mentioned cabbage... reason why I'm proud of that one in particular”
Partly produced feed
D 3 · C 4 · P 3 · Cm 3 3.30
Q think the last round was with the series E in October, 2015. Is that right? Uh, and that, that round, it looks like, again, this is based off crunch based data was around a hundred and thirty five million bucks. Are you guys typically only participating in, in one round? And does it look more like venture debt than actual equity investing? Can you, can you color that out more?
A I don't know. So we, we do equity investment, um, only, I would say our group at least does. Um, and we are, our legal format is that we like to co-invest with, um, with our other VCs and we're, we're quite, um, you know, picky, I would say with, with, with the co-investors we choose and we bring along ourselves because we, we really always want to see in the syndicates we could invest with the combination of, uh, you know, more institutional VCs who are very financially driven and have the ability in their network to build great companies. Uh, but at the same time, co-invest alongside some strategics that may have, uh, you know, a differential value proposition such as ours, and they can also help, uh, grow the companies and de-risk them and make them more profitable and more successful early on. So, you know, I think from what I just said, uh, definitely the co-investing piece, uh, is, is very key to our mandate. We really like to, uh, share the key with, with, with others to the extent that, um, that we understand how we all can bring value with, uh, with a similar objective, which is. You know, always the success of the companies we invest in.
AI assessment note: “So we, we do equity investment, um, only, I would say our group”
