Investing in early stage companies is hard. Firm criteria for making good investments shouldn’t be. Every investor has a different flavor of how he or she invests. We like to keep it simple at Promus Ventures and focus on basic blocking and tackling.

True capital growth takes time and the startup game is a long game for all involved. We continue to see more and more new faces to the startup game act like short-term traders, and this will not end well for many of them. Founders, venture capitalists, and LPs are forced to learn patience and sometimes wait 10

We are excited to announce our fifth venture capital fund, and our first sector specific fund, a new $140M fund specifically focused on backing early-stage space and geospatial teams around the globe. Seven investments into US, EU and UK startups already closed from fund.