About a year ago, a good friend of mine, Jonathon Triest, mentioned that I should start a fantasy VC portfolio. As a young VC, there’s no better way to gain exposure to the ecosystem by placing bets and watching the results unfold over time. Taking Jonathon’s advice and being a huge fan of Danielle Morrill’s fantasy portfolio posts, I’m excited to share my fantasy VC portfolio.
Over the past year, I’ve been developing an investment thesis that aims to answer who I want to invest in and why? The thesis is evolving, but the foundation will remain the more or less the same. I’m passionate about:
With this in mind, I’m excited to share two angel investments that I’ve made that embody this thesis. My first investment in Lemonade is about the need to break up the cult of the insurance industry, realign incentives, and be a force of social good in an industry that mainly interacts with customers during their worst moments. You can read a bit more about why I love Lemonade (and the founders Daniel and Shai) here.
I’ve also been fortunate to invest in uBeam, an LA-based startup that is developing wireless charging by leveraging ultrasound technology. Seeing this technology function in real life blew me away. Aside from the clear market need for the technology, I invested in a founder, Meredith Perry, who is perhaps one of the most impressive people I’ve ever met. Along with COO/CBO, Kostas Mallios, the uBeam team is quite literally “making a dent in the universe”, to quote Steve Jobs.
If VC is about investing in moonshots, Meredith, Kostas, Daniel, and Shai will take us to the moon.
Although I’ve just started out, here is a list of startups that I have my eye on. These are companies that if I had a fund, I’d love to back based solely on public information. The goal of this experiment is to see how these “investments” take shape and perform over time, while encouraging other young VCs to not let a lack of access or funds restrict them from the fun of backing awesome dreams and founders.
By design, this “portfolio” is only five companies. Over the next few months, I’ll be adding more to the list and tracking the progress of the existing companies.
Thanks to Jonathon and Danielle for the inspiration and for the companies above for being awesome!
Hi! I’m Jordan, and I work in VC in Israel. There’s a lot happening in the VC/startup scene and I figured I’d post my observations here. All opinions above are my own. Feel free to follow on Twitter: @jordanodinsky.
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