The Founders Club, a unique venture capital equity exchange fund, announced the opening of its new office in San Bruno, California, located in the heart of the Silicon Valley. The move from Berkeley Square, London to Silicon Valley marks the global expansion of the club.
Andrew Romans, founder and general partner said,“Moving to our new offices in the Silicon Valley is a natural progression of the club. We have created a powerful network of CEOs, founders, VCs and funds of funds investors in Europe, Israel and the US. Our momentum in the US has brought our HQ to the epicenter of our industry. The move is a positive development for our members in Europe and Israel and brings a unique international network to our US members motivated by global expansion of their businesses.”
André Jaeggi, chairman of The Founders Club and former boss of multi-billion dollar fund of funds investor Adveq commented,“Today only 33% of our 21 VC advisors are based in the US, with 57% located in Europe and 10% in Israel. You will see this shift more in line with a typical fund of funds distribution which historically focused a larger proportion on the US market and many within a 30 minute drive of our new office.”
Located five minutes from San Francisco International Airport near the convergence of freeways 280 and 101 positions the new office in convenient striking distance of the best CEOs, VCs and angels active in the Bay Area. The new office shares a building with $4.5 billion venture capital firm VantagePoint Venture Partners located at 1001 Bayhill Drive, San Bruno, California 94002.
The Founders Club is an established family of funds where VC backed entrepreneurs agree to invest a percentage of their future equity returns into one of The Founders Club funds in return for fund ownership and membership in the club. There is no cash cost to join. Members only contribute cash from proceeds at the time they sell or liquidate their equity position in their company. Each fund comprises 20 high potential venture backed portfolio companies, thereby affording any single entrepreneur a strategy to create wealth while accomplishing portfolio diversification. Portfolio companies are selected by committees comprised of VC advisors from premier venture capital firms in the US, Europe and Israel. Entrepreneurs accepted into the club on this basis have access to other members as well as the venture capitalists serving on our Venture Advisory committees.
The Founders Club (founders-club.com) is currently accepting new members into two portfolios, namely: Technology & Cleantech Fund II (classic ITC, mediatech & environmentally friendly technology) and Healthcare & Life Science Fund I (biotech pharmaceutical, medical devices, healthcare IT & services).
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Submitted by Richard Botley - (Miliberty.com) T: +44 7920 460 375 / E: rbotley[.]miliberty.com on behalf of The Founders Club.