IDEO Startups to Invest in Each Other Via New Founder Collective
IDEO today announced the IDEO Founder Collective, where founders of the design firm’s portfolio companies can invest in each others’ startups. All 20+ members —including IDEO CoLab Ventures, the firm’s venture arm— are contributing an equal amount of equity or tokens in return for shared ownership in the collective. Besides participation in the group’s companies,…
"Fair Launch is a New Way for Founders to Express Themselves:" Gavin McDermott of IDEO CoLab
Gavin McDermott: Long time ago, I was in finance, and I was looking for a way to improve just the general system state, so when Bitcoin happened, that made a lot of sense. Ended up moving to San Francisco in 2012, it’s where I met Mike Belshe and I was the first engineer hire there...