We write $10,000 checks for 5% equity at a $200,000 valuation.
In addition to cash, we provide the mentorship, support, connections, and camaraderie necessary to turn ideas into reality.
The application process is intentionally simple: Entrepreneurs apply online. ThingVC evaluates all applications, then asks selected entrepreneurs 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.