Recent Posts

Archives

Categories

Making money from apps is HARD – some data

As you can see from the chart above only 3% of mobile app developers are making more than $100k per month/$1.2m per year. Assuming the same power law applies as monthly revenues scale further it’s a fair guess that only 3% of that 3%, i.e. 0.1%, are making $1m+ per month or $12m+ per year. [...]

Snaptrip case study – Solo founder hypothesis in action

My partner Dharmesh Raithatha wrote the post below on the Forward Partners blog earlier this week. I’m reproducing in full here because it’s a great explanation of our solo-founder hypothesis and how we work more generally.

—————————-

Are you a solo founder with an idea? We believe that we can [...]

Creativity in startups comes from people and process

At Forward Partners we have been thinking a lot recently about the qualities that we like to see in our people – our values if you like. One of those is to be “creative, adventurous and open-minded” and as we flesh out what that means we’ve been musing on how creativity works within our portfolio companies. We [...]

Lost My Name on Dragons’ Den

Ever wondered how much of a difference it makes going on Dragons’ Den?

Our portfolio company Lost My Name found when they pitched their magical children’s book to the Dragons whilst I was away on holiday last week. You can see the relevant section of the show in the YouTube clip below with realtime analytics [...]

Making it easier to buy stuff online will drive growth

Kieran O’Neill, founder of our portfolio company Thread likes to quote Paul Graham saying ‘if you make something easier for people to do, they will do more of it’. At Thread Kieran is making it easier to buy fashion and as a result the majority of his customers report that they spend more on clothes after [...]

How 20 customer interviews enriched Lexoo’s strategy

We recently invested in Lexoo, a marketplace connecting SMEs with legal services. We were attracted to the opportunity because there are an increasing number of freelance lawyers who are doing equivalent quality work for startups at 20-30% of the cost of working with a big law firm. The founder, Daniel van Binsbergen, is an impressive [...]

I’m a stock picker

There’s a lot of people now who think that the only way to make money in venture is to have an investment in one or more stand-out successes with exit values of $1bn+, the so called ‘Unicorns‘. The thinking goes that for early stage investors it’s all but impossible to tell which those companies are likely to be, [...]

Scaling user growth: don’t bank on partnerships

Andrew Chen has a great post up detailing the ways to scale user growth. He lists the four (paid, viral, SEO, sales – for B2B) and then ‘other’ in which he says:

There’s the odd partnership, like Yahoo/Google, that can help make or break a startup – but these are rare and situational. But [...]

Warning for smart people – beware invalid rationalisations

A decade ago I worked in the venture capital team at Reuters, a company then famous for only hiring smart people, and I saw first hand the dangers of only working with clever people. The smart folk at Reuters would embark on projects that they thought were in the company’s best interests and make strong [...]

Labelling Forward Partners as an ‘Ecommerce investment studio’

One of the exciting things about Forward Partners is that we’re blazing a trail in the investment world. Our model of backing entrepreneurs and then also investing heavily in a team and co-working space to support them is new. I like that about us. Our bet is that the investment in support will pay [...]