Jos White
2.9K posts
@joscwhite
GP @notionvc (inc @bryter_io,@currency_cloud,@dixaapp, @element_hq,@mewssystems, @testgorilla). Angel (inc @bench, @justworks). Co-founder Star, MessageLabs.
Feeling very excited to be partnering with @AikidoSecurity. They may just be raising a Seed round but the signs of a soon-to-be market leader are emerging pretty fast. Why did we invest? Thread.
Sorry this is embarrassing for the guardian and cynics commenting below. (I was on the guardian board for 9 years and they are investors in founders factory so I get disappointed by the energy they spend on partisan baseless attacks like this article). There really is nothing to see here. And lots more important issues in the world… Zero chance Sunak did the future fund because of minority investments from his wife’s fund. She invested in U.K. cos to support founders and now all this cynicism is the British response. The future fund matching mechanic meant automatic funding if matched AND shared risk (ie private sector wouldn’t fund if they didn’t have a good level of belief in the co). Author also doesn’t qualify ONLY around 10 percent have failed which is strong result so far for the future fund. As fund has equity stakes in around 50 percent of cos that have raised follow on funding and have potential to make multiples of on that capital and hence more than compensate for loan losses. Power law dynamics of vc. Would the guardian and labour prefer the chancellor had done nothing ? Most leading economies had support methods (less well structured than this) AND labour gov wisely supported the future fund at the time. How would these cynics suggest their bizarre conflict of interest accusations could be avoided - by disallowing Akshay Murty cos from accessing future fund (noting she was a minority investor thus penalising the companies and other larger investors …) The fund backed a huge amount of companies, so the fact that four were also backed by Akshata is not unusual for a prolific U.K. tech investor. The extra point is these were gov funds seeking a return …. @carolvorders do you really believe the cynical motivations you imply?
m3ter has raised $14 million to help software businesses with pricing buff.ly/3nbo8o3
M3ter locks in $14M to expand its usage-based pricing tools for SaaS businesses tcrn.ch/40MFNQy by @ingridlunden
We all can use @PaddleHQ and sell product instantly to 195 countries in the world. @elonmusk bought twitter for $44 billion and could only sell blue membership to 3 countries. Let that sink in #buildinpublic
My least favorite idea of all is to have customer success report to sales It's trading off the future for the present
$185 million is a lot of investment. What does this huge funding round mean for Mews and for hospitality in general? Our Founder @valtrese reflects on how this ‘massive vote of confidence’ will help transform our industry: mews.com/en/blog/series…
