Paige Finn DohertyFounding Partner, Behind Genius · Founding Partner at Behind Genius Ventures

Why invest in science empowering humanity?

4 Jul 2023 · 1 min

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0:48

In this brief interview segment, Speaker A and Speaker B discuss their venture fund’s investment approach, focusing on The Last Gameboard, the inaugural company founded by Shail (Shailyn). Speaker B explains that the fund initially invested in The Last Gameboard and later re‑upped (made a follow‑on investment) based on a strategy of opportunistic additional funding for high‑conviction founders. He emphasizes strong belief in Shailyn’s vision, noting that such re‑ups have been rare across the portfolio. Speaker A adds that the fund has only doubled down on a few companies—about two or three—in Fund 1, including The Last Gameboard, highlighting a selective reinforcement strategy for startups they strongly support.

So we did The Last Gameboard and I had Shail on the podcast, which is cool. But do you want to maybe talk about like making those investments?
So I'll focus on The Last Gameboard. Shail was our inaugural founder in the portfolio. So the first investment we made was into The Last Gameboard and it's actually a company that I've re-upped in out of the fund. So it's, you know, the strategy and conscience is technically initial checks and opportunistically can consider additional investment into the company. So we've only done that a couple of times in the portfolio. So I just have so much conviction for Shailyn and what she's building, and I'm excited that you have the same vision there too. Yeah, yeah.
We doubled down as well. We haven't doubled down in many companies. I think it's like 2 or 3 across our portfolio in Fund 1, and we doubled down in Last Skateboard as well.
Yeah. Yeah. I mean, there's just so much to love there.