At FRC we have a very unique way to decide on investments. Contrary to most VC firms, especially the ones in Silicon Valley, we dont split up fund allocation amongst partners and we have a unanimous decision process, ie. all partners need to be convinced about an investment. We match deals with partners’ skills which we believe is the right way to do it, and we take great pride in the fact that we bring more than money to the deal.
We believe competition amongst partners does not lead to a healthy atmosphere within our company and we can only praise ourselves for this strategy which recently resulted in a 9.25 NPS score from our portfolio company, which is our ultimate goal!
This blog will always be less than 1000 characters, which is just a bit more than a Tweet and much more interesting.