Serial founder, Jason Widen (Raleigh Founded) has a new coworking concept for service companies. Blue will lease large buildings and up-fit them to be used fractionally by a variety of service companies with shared flex space (mix of office and warehouse, loading docks,etc.)
The Triangle Tweener Fund strategy is to build an index – smaller investments in a relatively large number of companies. At the current fund size this translates to 10-15 investments a quarter, or 40-60 a year. If you’ve been involved with traditional venture funds (picking winners) this pace seems impossible. Trust us, it’s not easy, but it’s definitely possible and the opportunity is there.
