I am trying different investment vehicles / asset classes to find out where can i have the edge. Investing in startups was one of them 2014-2016. I have made 9 investments in startups via Angel List, Crowdcube, Seedrs (UK) and Wefunder. The idea was that i can beat the funds which make nonsense investments. (yes yes. i know ‘beat the market’)
|year||startup||invested||follow on round|
|2014||Wefunder||1.5||exited with 7% roi|
|2014||Soothe||1||second skipped. third 0.6. current valuation 2.8|
|2016||Revolut||0.6||currently valued at 3.0 (received a cash offer)|
|total invested||6.1||(excluding Wefunder)|
|current valuation (Revolut + Soothe 2d)||5.8|
2017 August. Revolut. Attracted 66M investment at 420M valuation. I got a cash offer to sell my shares at x5. Decided to keep, because i believe Revolut can be 4-40 billion company. With exit from Wefunder and current Revolut and Soothe valuations i am close to break-even.