They firmly believe in the power of numbers and networks and it shows in how they invest. They take a portfolio-building approach to early stage (Seed-Series A) investing. They believe that early stage investments are largely unpredictable and binary. That’s why they don’t mind making more bets that most other VC’s. They will usually start with a $100K-$200K check and follow on until $1M. They also take a co-investment approach. They will lead rounds when they feel they are in the best position to do so, but they usually like to bring in co-investors who can add value. Otherwise, they are happy to just follow and help out whenever they are asked. The combination of portfolio building and co-investment has enabled them to invest in 130+ companies and co-invest with 120+ early stage investors. These form a powerful network which supports pattern recognition, diligence, co-investment, customer acquisition and corporate development. The final piece they added to this was the entry of their Asian practice, Wavemaker Partners, into the DFJ Global Network. With 15 member funds across 4 continents, they are able to provide their Asia-based founders with world-class access, insight and scale. It is headquartered in Los Angeles and affiliated with the investment bank, Siemer & Associates.
Seed, Early Stage, Later Stage