AirTree Ventures has had some pretty big wins - they've invested in Canva, Who Gives A Crap, Brosa and more.
Background: AirTree Ventures is an Aussie venture capital and private equity firm founded back in 2014.
What happened: Since then, AirTree has had some pretty big wins - and they've invested in some pretty big Aussie companies (think: Canva, Who Gives A Crap, Brosa and more).
What else: Now, the company has raised $700 million in funding to launch three new venture capital funds. There's $450 million for AirTree's existing companies, $200 million for seed funding and a further $50 million focused solely on Web3 companies (aka the 'future' of the internet).
💡Venture capitalists, or VCs, are investors that invest money in companies in exchange for a stake in that company (generally be 10% - 30%) in each investment round.
💡VCs generally seek out high risk, high reward companies...so they can earn massive return on their investments if the companies are successful. FYI, a lot of these businesses actually fail...but others? They turn into Canva.
💡However, Web3 companies might not be so willing to hand over equity. The ethos of the Web3 movement is that everything is decentralised - ya know, F-the-system-type ownership. So, VCs may need to adjust their investment approach to get in on the ride.
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