Note that, in Ryan's letter, he cites board issues from 2016 to 2019. Access to information is fundamentally changing consumer spending. It was the go-go years for the dotcom boom, so I moved out to San Francisco to join some friends working on web and mobile development. Never met 1. Collaborative Fund has invested early in deeptech companies in batteries (Zitara), geothermal (Quaise Energy), and nuclear (Radiant). Doug Smith. Company profile page for Collaborative Fund including stock price, company news, press releases, executives, board members, and contact information Collaborative Fund Raises $70 Million For Its Third Fund Matthew Lynley @mattlynley / 5 years When Craig Shapiro and his team at Collaborative Fund … Collaborative Fund led CircleUp’s $30 Million Series C round in 2015 and its Managing Partner and Founder Craig Shapiro is on the company’s Board of Directors. CircleUp provides a platform for equity crowdfunding for social enterprises. Since its official launch in April 2012, CircleUp has helped several consumer companies raise equity including Back to the Roots, Halo Top Creamery, Little Duck Organics, Rhythm Superfoods and others. By Amy Cortese. I graduated college in 1999 as the internet was really coming alive. What are some verticals within climate tech that you find most interesting? But the capital markets hadn’t evolved in parallel – foundations and private equity sat on opposing sides of the spectrum. 129. Routinely invested spaces. Until somebody creates a lightbulb that’s as warm and attractive as incandescents, there’s not going to be a lightbulb that passes the Villain Test. Interested in more content like this? The future third phase will be clear guidelines around reporting and defining where we want to invest – but the industry is a ways off from that. When we were diligencing Quaise, I reached out to the founder of Dandelion, and she was able to share her perspective coming from Google X as well as connect me to others with expertise. When CircleUp features startups on its platform, it gets a number of investors with deep pockets putting money behind these startups. That business was acquired in early 2006. Today, Collaborative Fund and CircleUp announce the launch of Collab+Consumer, a new fund focused on early-stage, mission-driven companies in the consumer products and retail industry.This partnership brings together two organizations helping reshape Consumer Packaged Goods. By Amy Cortese. We’re fortunate to have a portfolio of companies that are working on interesting problems. I don’t have a PhD in deep drilling, so when looking at Quaise, for example, we teamed up with The Engine to get comfortable with their technical diligence. Collaborative has made a lot of investments in consumer startups. This week we chatted with Craig Shapiro of Collaborative Fund about his journey into venture and focus on climate. Today, there’s a similar opportunity in climate tech partially because the Cleantech 1.0 bust has caused a lot of firms to take a wait and see approach. Craig Shapiro, the founder and managing partner of Collaborative Fund, stated that he would never be able to be as efficient as he is if he didn’t have the technology of CircleUp. All authors. Collaborative Fund Micro VC ... Fund size. + Craig Shapiro (Managing Partner at Collaborative Fund) Startup Story. For many years we’ve had incandescent lighting which creates this attractive hue. According to Collaborative Fund, Circle Up stands out within the space as a best-in-class offering. That’s kind of our true north and born out of something that’s personal to me. Founded in 2010 by Craig Shapiro, the firm is based in New York City, New York, and manages approximately $250 million of investor capital. Craig Shapiro is a founder and managing partner of Collaborative Fund. Collaborative brings more flexibility on timing, which sounds like a small thing, but is actually really significant to the founder. I experiment on the internet and invest in different projects. It gives us a bit more rope than some of our peer group who are a bit more nervous and probably for good reason. https://www.wsj.com/articles/DJFVW00120160405ec45ak3ep. The Villain Test is a very provocative way of calling out human nature for being self interested. Copyright 2021 Dow Jones & Company, Inc. All Rights Reserved. Subscribe to our weekly newsletter on Climate Tech below! They’re like, let’s call our friends at Prime Impact or The Engine or Breakthrough if it’s really risky. It didn’t take much sleuthing to figure out that there was one prominent former board member who left CircleUp in the required time frame — Craig Shapiro, founder of Collaborative Fund. Collaborative Fund was started in 2010 to invest at the intersection of for-profit and for-good and thematically seeks to fund founders in climate, money, food & … Collaborative Fund was started in 2010 to invest at the intersection of for-profit and for-good and thematically seeks to fund founders in climate, money, food & … Craig Shapiro. If you can positively answer both of those questions then you’re on to a massive addressable market, fueled by the desire to satisfy both the broader interest and our self interest. January 15, 2021 at 8:14pm 0 notes. The Red Cross exists solely to help people while Coca Cola exists to generate investor returns, so it’s very black and white. Founded in 2010 by Craig Shapiro, the firm is based in New York City, New York, and manages approximately $250 million of investor capital. But innovation created LED lighting which is so much better for the environment and lasts longer. Craig Shapiro Collaborative Fund. Total exits 11. According to Collaborative Fund, Circle Up stands out within the space as a best-in-class offering. CircleUp provides a platform for equity crowdfunding for social enterprises. I think back to when we first started investing in food, which was an area that most traditional VCs wouldn’t touch, and made a big bet on Beyond Meat. I really do hope that the floodgates open. How do you get comfortable with the high capital and technical risk vs return? Further, Collaborative Fund no longer lists CircleUp anywhere on its site. Routinely invested spaces. I don’t have a PhD in deep drilling, so when looking at Quaise, for example, we teamed up with. Total investments. It didn’t take much sleuthing to figure out that there was one prominent former board member who left CircleUp in the required time frame — Craig Shapiro, founder of Collaborative Fund. Sophie Bakalar. As a species we need to solve for this, and in the process of doing so there’s going to be opportunity to generate great returns. I felt like the world was evolving to somewhere between these two; a good example is Kiva which operates a peer-to-peer lending platform that’s a nonprofit but runs like a for profit business. Patience, flexibility, along with access to like-minded entrepreneurs are what we bring to the table. New Fund Dedicated to Supporting Innovation in the Consumer Products and Retail Sector (Restaurant News Release) Today, Collaborative Fund and CircleUp announce the launch of Collab+Consumer, a new fund focused on early-stage, mission-driven companies in the consumer products and retail industry. Craig Shapiro's Blog. There’s an emerging class of investment firms that are attacking problems within the climate space but aren’t great pools of supportive capital given the traditional 10 year fund lifecycle. View Craig Shapiro’s profile on LinkedIn, the world’s largest professional community. So much of investing as a venture capitalist is dictated by who you’re investing on behalf of (ie. It’s like how Beyond Meat’s IPO unlocked a rush into plant based food, and investors are like, well, we’ll take a look at that plant based chicken. Otherwise, you get into a challenge where the word ‘good’ means different things to different people. One of the best pieces of advice I ever received came from an investor in Collaborative Fund. To order presentation-ready copies for distribution to your colleagues, clients or customers visit https://www.djreprints.com. For me, food was kind of a gateway drug into climate investing. Craig Shapiro ... Collaborative Fund | 4,124 followers on LinkedIn. Craig Shapiro (Managing Partner at Collaborative Fund) (Image credit: Craig Shapiro) Craig Shapiro is the Managing Partner at Collaborative Fund, an early-stage that focuses on making investments in startups based on creativity and collaborative consumption.Prior to founding Collaborative, Craig worked in the media and entertainment space. 2 min read. your limited partners). ----- We are an investment fund focused on supporting and investing in the shared future. That was a much easier conversation. One is patient capital; the bulk of our capital comes from folks that recognize that we’re backing companies which aren’t looking to flip quickly, but are building solutions to really big problems. Estimated Funds left €-43M. This week we chatted with Craig Shapiro of Collaborative Fund about his journey into venture and focus on climate. Craig Shapiro is Founder at Collaborative Fund. The angel ecosystem was so different from today where early stage investing is so robust with a flood of early stage VCs. The run up of Tesla’s stock really matters. We do invest in companies selling to enterprises or institutions but we always have the end consumer in mind. What is Collaborative Fund’s investment thesis and mission? Money. But in general, when investing at the early stage, we want to get comfortable in underwriting the founder and their aspiration more so than the specifics of the underlying technology. has always been at our core because consumer behavior is what’s really driving a lot of the impact in ESG investing, especially given how information access has proliferated. But in general, when investing at the early stage, we want to get comfortable in underwriting the founder and their aspiration more so than the specifics of the underlying technology. I think back to when we first started investing in food, which was an area that most traditional VCs wouldn’t touch, and made a big bet on Beyond Meat. Venture Partner. Another strength is our network. Why is Collaborative Fund investing in climate tech? See Craig Shapiro's compensation, career history, education, & memberships. And sometimes that takes many years. Another example is lighting. Whereas Howard Schultz of Starbucks was talking about the brand’s role in the community and other things you might associate with nonprofits. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. This copy is for your personal, non-commercial use only. Traditional software investing right now is so competitive, there’s so much money flowing in that firms are elbowing each other out of deals. Fund … CircleUp provides a platform for equity crowdfunding for social enterprises bad as Cleantech 1.0 Lauren Loktev how... In March use of this material are governed by our Subscriber Agreement and by copyright law distribution to investment... Bold, and I decided to launch a Fund a little over a decade ago devil on other. A Villain buy the product my network 's contribution to the table example, we teamed with! Those two a small thing, but I think climate tech below ) Kim was the board partner Collaborative! Standard craig shapiro collaborative fund circleup measuring sticks from other industries like Fair Trade, LEED, B Corp non-commercial use only and! 'S one way to get private market liquidity Ryan 's letter, he cites board issues 2016! And other things you might associate with nonprofits are satisfied with that sacrifice thesis. Says he hopes to make similar partnerships with early-stage venture firms in the future access... Better for the environment and lasts longer s largest professional community our generation our. 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