Spencer Martin cut his teeth building devices at Magic Leap. In 2022 he had an idea for a specialized mini vacuum for the auto category. The product took off and now Sonic Power has a wide variety of offerings. They are rapidly expanding into new categories and growing very rapidly.
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.
