In a move that signals its ambitions to expand into later-stage investing, Collaborative Fund has welcomed Ian Friedman as a general partner. With over 20 years of experience in the investment world, Friedman brings a wealth of knowledge and expertise to the firm.
A Brief Look at Ian Friedman’s Background
Ian Friedman graduated from the University of Western Ontario before moving to Los Angeles to work for the Boston Consulting Group. He later joined Bain Capital in Boston and then headed to Stanford to pursue his MBA. After completing his studies, he was recruited by Goldman Sachs Investment Partners, Venture Capital & Growth Equity, where he worked as a co-head.
Friedman’s Passion for Investing
According to Friedman, his passion for investing stems from his childhood, when he spent afternoons discussing finance with his father. His father would often pull him close to the computer screen to educate him on various financial concepts. This exposure sparked an interest in investing that has only grown stronger over time.
A Brief Stint at Goldman Sachs
During his tenure at Goldman Sachs, Friedman was involved in several notable deals, including the creation of a $1.25 billion growth equity fund funded by Goldman clients for Series B and later-stage startups. Some of the notable companies invested in through this fund include Plaid, Spotify, Rothy’s, and ThredUp.
Collaborative Fund and Its Ambitions
As for Collaborative Fund, Friedman sees great potential for growth and expansion into new areas. With a current focus on seed-stage and early-stage startups, the firm is now setting its sights on later-stage investing. Friedman is confident that his experience and expertise will be invaluable in this new venture.
Friedman’s Views on the Current Market
On the state of the market, Friedman notes that investors are being realistic about the challenges facing companies today. "Some of these are flat and sometimes down rounds" he says, emphasizing the importance of ensuring that top companies are well-capitalized to weather any storm.
The Future of Collaborative Fund
With Ian Friedman on board, Collaborative Fund is poised for growth and expansion into new areas. As a seasoned investor with over 20 years of experience, Friedman brings a wealth of knowledge and expertise to the table. The firm’s ambitions to expand into later-stage investing are sure to be met with enthusiasm and excitement from investors and entrepreneurs alike.
Related Topics
- Collaborative Fund
- Fundraising
- Ian Friedman
- Venture
