Reply to post #1725
(show post):
Ah, OK, thanks (and great research, once more).
From their "Funds" page:
"We invest in companies in exchange for stakes we'll want to sell when the time is right. We invest with a 3-8-year perspective, and our exit strategy is based on selling our shares to another investor from the industry, managerial buy-out, or initial public offering. As a venture capital fund, we take the risk and we realize that many of our investments won't make it, hence, we expect a more than average investment return from these few which will manage to grow."
And:
"Each of our portfolio company cooperates closely with, at least, one of our Partners, who shares his business knowledge and expertise with them during the team meetings."
So do we conclude SpeedUp has decided that anything beyond a 3-year perspective is off the table and, oh, by the way, this is one of the many companies where their investment isn't paying off after all? (Otherwise, given that they're saying they work "closely" with their target companies, they'd presumably be pushing for much more active involvement on Dawid and Joanna's part behind the scenes??)