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Showing posts from December, 2010

Portfolio Update Part 2

Continuing my little 2010 portfolio review ( here's part 1 ), the next stop after San Francisco ( Zendesk ), Vancouver ( Clio ) and Berlin ( Momox ) is Edinburgh, home of FreeAgent Central . By launching a flurry of innovative new features such as multi-currency support or project profitability analysis, in 2010 the FreeAgent team has shown again who's setting the bar for online accounting. An incredibly powerful yet simple-to-use application is what 1000s of users love us for (as well as the press ), and is the reason why we've won a Software Satisfaction Award for the second year. And there's more to come . 2010 has been a big year for the company in other ways as well: In March we announced that we've taken a minority investment from and entered into a strategic partnership with IRIS, the leading supplier of software for accountancy practices in the UK with over 14,000 practice customers (50% market share!). Kudos and a huge thank you go to Ed , Roan , Olly ...

Portfolio update (part 1)

As 2010 is drawing to a close I’d like to take a moment to give you a quick update on my angel investment activities and more importantly, thank the incredibly talented and hard-working people who have made it such an amazing year. Since becoming a full-time angel investor in 2008 I’ve made 14 seed investments, with 4-5 additional ones being on the way. Except for two of my first investments that didn’t work out – rookie mistakes, fortunately pretty small ones – I’m absolutely blown away by the success of each and every company in my portfolio. Some highlights: Zendesk has had a phenomenal year. In May we announced that we’ve reached 5,000 paying customers . We didn’t publish an updated number since then but I think it’s no secret that the number of Zendesk lovers worldwide has continued to explode throughout the year. With a world-class management team and Board , one of the best products and brands in B2B software and a recent $19M cash infusion Zendesk is ideally poised to bring ...