(For the Spanish version of this post, click here)
It’s been a long process, but we’re about to take the wraps off K Fund, a new venture capital firm that stems from Vitamina K, that we believe will help transform the nascent but growing Spanish startup ecosystem.
As we continue to work on fine-tuning certain aspects associated to our first fund, we would like to kick off this section of our website with what we liked to call ‘our manifesto’: the 10 beliefs that will identify us going forward and that will shape our day-to-day operations as a firm and fund.
- We believe in entrepreneurs. We, as investors, strongly believe that entrepreneurs should lead the way.
- We believe in technology and the Internet. We believe that we are at day 1 of a new era. That’s why we invest in scalable business models that improve people’s lives.
- We believe that we need to get our hands dirty, because starting a company is tough.
- We have a long-term vision, because building a great company takes time. We are focused on making the pie bigger and we’re not just looking out for our own share of it.
- We believe in Spain and Spanish projects that have the ambition to become global companies. And we believe the ecosystem as a whole should truly believe in this.
- We believe in complementary teams. We are a diverse team with backgrounds in venture capital, enterprise and we have also started companies from scratch.
- We believe in contributing, to be ‘givers’ rather than ‘takers’. That’s how ecosystems are built — Silicon Valley is more a state of mind than a place. This mentality is the foundation of a well-functioning ecosystem: to give back without expecting anything in return.
- We believe that venture capital funds can add value. That’s the reason why we raised capital from some of the best Internet entrepreneurs and executives in Spain who want to contribute in creating great companies. They want change things, and so do we.
- We are aware of the risk implicit in venture capital: that’s why we aim to lead early stage rounds form €100,000 to several million euros.
- We believe that venture capital can yield great returns by following the aforementioned principles.
This is going to be an exciting ride, and we can’t wait to tell you more about it. If you’d like to get in contact, please email us at info@kfund.vc.
