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Review on Floodgate by jesus ruiz

Revainrating 5 out of 5

For Floodgate, entrepreneurs not only need investors, they also need partners.

I will never cease to admire initiatives such as those offered by these venture capital firms, which are dedicated to contributing to the development of seed companies, companies so necessary in developing countries like ours, where support for entrepreneurs is so necessary and so scarce. And even more, companies like Floodgate, which in addition to investing in the ventures, become accomplices of them, in order to become more deeply involved in the projects and make them successful, with the conviction that the success of one is the success of the other.

Floodgate Fund was founded in 2006 by Mike Maples Jr. and Ann Miura-Ko and is based in Palo Alto, California. Like all venture capital firms, it focuses on investing in early-stage technology companies.

Convinced that technology is fundamentally good for the development of the global economy, Floodgate focuses its investments and all of its efforts on digital companies with seed and follow-on investments and debt financing primarily related to technological advances and communications. So, from my point of view, his thinking that "The future is not something you discover, it's something you design" is not uncommon.

Floodgate was the lead investor in companies such as the world-renowned social network Twitter, the driver solution Lyft, the access control design company Okta, among others, long before these companies had the recognition they have today.

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Pros
  • Floodgate, in addition to financial support also offers advice with specialists and experts.
  • Floodgate helps to build innovative companies, with a high probability of success, due to its extensive experience.
  • Its main success is its vision of how to build the future, so it generally invests in companies that over time have become giants in the area of communications and technology.
Cons
  • nothing at all