We write $10,000 checks for 5% equity at a $200,000 valuation.
In addition to cash, we provide the mentorship, support, and connections necessary to turn ideas into reality.
Nothing is owed if the company fails. Nothing gets paid to Thing until the company makes more than $100K in profit or the company is sold. At that point Thing is paid out 5% pro rata.
To be get started, just fill out our online application. Selected entrepreneurs will be asked to submit business plans and meet in person/via Zoom. Finally, the best and brightest are offered investment and invited to become ThingVC portfolio companies.
Mike Gellman
was waiting tables at The Outback Steakhouse when he took a $10,000 investment from his father and turned it into Spire Digital, one of the world’s top digital transformation firms, which, with no additional funding, was eventually acquired for more than $35 million dollars.
Chris Glodé
took the money he earned helping MapMyFitness grow to the point that it was acquired by UnderArmour, and invested it in an idea he had and a friend he believed in. That company, BrandFolder, was sold for more than $150 million dollars.