Byfounders is halfway through ambitious strategy: Chasing 21 new investments
Venture capital fund Byfounders has landed on its feet after a rough start. The fund has invested in 19 tech startups and works to reach 40. Co-founder of Byfounders already looks to the next fund, claiming that the return on future exits has to compare to that of other funds.
BY JAKOB SKOUBOE, ITWATCH
Byfounders is a success. That is the conclusion drawn by one of the founders after two years of hard work, confusion and resistance. However, according to Eric Lagier who co-founded Byfounders together with Tommy Andersen, these are the terms for a new fund without any track record.
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