Big Day!
I am excited to share that
@yonderventures Fund I closed at $4.64M. π
The fund is highly liquid, as they say in marketplaces!
I am grateful to
@RyanHibbison at
@VCJournal for covering the launch and my founding story.
I am building a firm, not just a fund, that will become the go-to for founders starting early-stage marketplaces and network-effect businesses.
It is a big vision, and I believe Yonder can become the first name founders think of when they start a marketplace.
Building the brand is essential, but, as in any marketplace, creating a strong network effect is critical to its success, and that means having great LPs alongside me.
Thank you to the 91 world-class LPs from Airbnb, Uber, DoorDash, Amazon, eBay, Grubhub/Seamless, Thumbtack, StubHub, StockX, Whatnot, Mercari, OLX, OpenTable, Zillow, Trulia, ApartmentList, ACV Auctions, Reverb, Facebook Marketplace, Snapchat, Stripe, Pinterest, RetailMeNot, Turo, Outdoorsy, Peerspace, Avail, Rematter, and many more.
The LP network is the fund's secret weapon and one of its greatest strengths.
I am actively writing checks and have backed 22 companies across AI agents, robots, derivatives, construction, childcare, fuel, gold, legal, healthcare, and more.
The weirder and newer the market, the better!
If you are building the next big marketplace or network effect business, I want to meet you!
I'm writing $50-100K checks at first-check/pre-seed. Email me at colin@yonder.vc.
I literally have the best job in the world.
Now back to investing and working with exceptional marketplace founders!
One last favor to ask: please like, comment, and share to help me find those up-and-coming founders! π
Link to the VCJ post and my post below. π