Welcome to our December Newsletter!
It has been a really good year for Brightspark and we are thrilled with the progress we have made in our growth.
During the last quarter, we completed two investments. We were thrilled by our investors’ interest and are very proud that both financings were over-subscribed!
Toronto startup Hubba Inc. has landed a venture capital investment from Goldman Sachs Investment Partners, an early backer of Uber, Facebook and Pinterest, as it aims to ramp up efforts to build a business-to-business marketplace for consumer product information.
A few months ago, I jumped ship from the audit practice of a Big 4 accounting firm to join an innovative, entrepreneurial, striving venture capital firm. I knew it would be night and day, notably because startups financials have little in common with large corporations and that accounting principles often clash with startups economics...To help newcomers to the startup investing world, I decided to compare some metrics frequently used by financial analysts to the elements that really matter when investing in early-stage companies
Last week, we dissected popular financial metrics and wrote about how they apply – or rather don’t apply – to most startup investments. This week, we look at Gross Margins and what startup investors should really look for, especially in a service-based model.
Un grand rassemblement d’investisseurs à Montréal | Pour en apprendre davantage sur le financement des startups
Le 24 novembre dernier, Brightspark Ventures, 500 Startups Canada ainsi que les CEOs de Hopper et AmpMe ont tenu un panel à Montréal pour discuter d’investissement dans de jeunes compagnies technologiques. Plus de 50 investisseurs et professionnels se sont joints à nous pour discuter de stratégies et conseils en matière de capital de risque.
Last week, I presented at an AGM of a large institutional Fund from Toronto. Out of the dozens presenters, a mix of tech companies and Funds, I was the only woman. This situation did not surprise me at all and I find that worrisome. For 20 years, I have been the only managing partner of a VC fund in Canada and I have often been the only woman at Board meetings.
Here's what you missed in our monthly newsletter! Check out portfolio highlights, event invitations and latest news in this November edition!
Modern Portfolio Theory is an investing framework that paradoxically maximizes returns with correspondingly low risk. While counterintuitive, it is accomplished primarily by deploying a diversification strategy. Astute financial advisors build client portfolios that consist of a range of securities that at very least differ by type of instrument, industry, and geography in order to achieve optimal diversification.
Last Friday, Managing Partner Mark was part of a panel of experts on the weekly #StartupChat.
Despite technical difficulties due to the now infamous DDOS attack, the chat was a great opportunity to connect with fellow investors and entrepreneurs and discuss the fundamentals of funding for startups.
As an investor, you do whatever you can to make sure that you never have that “oh, shit.” board meeting soon after you make a new investment. You know what I’m talking about — that meeting when you learn something you hadn’t realized before and say “Oh shit… did I really just make this investment?!”
Welcome to our blog
Read the musings of our team and learn about what's happening at Brightspark. We share our thoughts on Venture Capital, startups and everything tech.
We also post on Medium - follow us!