Another wearable IoT company, Valencell of Raleigh, has developed advanced biometric technology for wearables that it has licensed out to manufacturers. It was founded in 2006.
The Triangle Tweener Fund strategy is to build an index – smaller investments in a relatively large number of companies. At the current fund size this translates to 10-15 investments a quarter, or 40-60 a year. If you’ve been involved with traditional venture funds (picking winners) this pace seems impossible. Trust us, it’s not easy, but it’s definitely possible and the opportunity is there.
