OUR COMPANIES

We’ve taken 180+
startups to the next level.

  • Ben Uretsky

    We wanted to increase our awareness in the developer community, so CF leveraged their PR connections in the tech industry to help make it happen. Then, when we raised our Series A, they came through again with key introductions to potential VC's.

    Ben Uretsky - Co-Founder & CEO , Digital Ocean
  • Sy Bohy & Valentin Gui

    CF is an important voice in our current set of investors. Their strong LP base, keen insights, strategic fundraising advice, and diverse offerings of services make them an ideal partner. We highly recommend them to anyone starting a company, and consider ourselves privileged to work with them.

    Sy Bohy & Valentin Gui - Co-Founders , Instamotor
  • Julia Hu

    CF was one of our earliest investors, and has helped us grow tremendously by taking on additional roles. By hiring, and even funding creative resources to help us produce marketing videos, CrunchFund helped us launch our AI nurses to more than a million patients.

    Julia Hu - CEO/Founder , Lark
  • Emiliano Kargieman

    CF believed in our big idea. And they knew exactly how to bring it to life with a PR launch plan and external positioning that put us directly in touch with some of the best Series A investors in the valley, opening doors that previously didn’t exist.

    Emiliano Kargieman - CEO/Founder , Satellogic
  • Jessica Richman

    CF has been a true partner at the seed stage and beyond. They've connected us with their network of investors, and positioned us favorably for our follow-on rounds of fundraising. Their deep domain expertise around PR has also been incredibly helpful.

    Jessica Richman - Co-Founder & CEO , uBiome
  • Anthemos Georgiades

    We’re proud to count CF as an investor since 2012. They’ve been an active and on-going supporter, helping us produce our company’s marketing video, introducing us to potential hires, and even inviting members of our team to educational evenings with guest speakers.

    Anthemos Georgiades - CEO/Co-Founder , Zumper

I read blog posts by Don Dodge and Glenn Kelman today about people jumping from Google to Facebook and it got me thinking about entrepreneurs.

Most people have an aversion to risk, my college economics professor told me. Which means they have to be rewarded to take on that risk. The higher the risk, the higher the possible payout has to be for people to jump.

We make risk/reward decisions every day, all day. Do I go skiing, and enjoy the rush of flying downhill even though there’s a small chance I’ll blow out a knee? Should I go to college or just get a job and start earning money now? Should I eat the high fiber and generally healthy thing on the menu, or go for the cheeseburger? Should I hit the restroom before the movie starts? Etc.

Every time we do something, or don’t do something, there’s a risk/reward algorithm being calculated in our brain.

Entrepreneurs, though, are all screwed up. They don’t need to be rewarded for risk, because they actually get utility out of risk itself. In other words, they like adventure.

The payouts for starting a business are just terrible when you account for risk. A tiny minority of entrepreneurs ever get rich. And the majority of entrepreneurs would probably make far more money, and have more stable personal relationships, if they just worked for someone else.

In my youth I was a corporate lawyer, making a very nice salary for representing technology startups in Silicon Valley. There was a good chance I’d make partner after 7-8 years and could be earning maybe a million dollars a year by the time I was 40. All I had to do was work hard, and bring in clients. I was good at both.

But I left the law after just three years to join a startup. And the reason I did it was adventure. I wanted to be in the game, not just watching it. My parents thought I was crazy. They still have no real idea of what I do for a living, and they were, frankly, pissed off that I spent their money getting a law degree, only to throw it away before I was 30.

But I did it anyway. And then I left that company after a year to start my own company. And I’ve never looked back since then. That first company I started made a lot of money for the venture capitalists – nearly $30 million – but next to nothing for the founders. The companies I started after that varied between failures and mediocre successes. But at no point did I ever consider getting a “real job.” That felt like a black and white world, and I wanted technicolor. Also, I hate working for other people because I’m really bad at it.

When I talk to non-entrepreneurs about the startup world I often use a pirate analogy. Not because I know that much about pirates, but the general stereotypes work well as an analogy.

Why did some people way back in the 17th century, or whenever, become pirates? The likely payoff was abysmal, I imagine. There’s a very small chance you’d make a fortune from some prize, and a very large chance you’d drown, or be hung, or shot, or whatever. And living on a small ship with a hundred other guys must have sucked, even for the captain.

But in my fantasy pirate world these guys just had really screwed up risk aversion algorithms. Unlike most of the other people they actually lusted after that risk. The potential for riches was just an argument for the venture. But the real payoff was the pirate life itself.

Also, it was nearly impossible to be an entrepreneur back then.

Now it turns out that most people in Silicon Valley are actually normal risk averse types. They carefully calculate the potential rewards of a startup before they join, taking into account stock options as well as salary. And also the resume value of a company.

Some of the richest people I know aren’t really entrepreneurs. They worked at HP and then moved to Netscape when it got hot. They made a fortune and then jumped to Google and made another fortune. And now they’re jumping to Facebook.

They may be very good engineers, or sales people, or marketing, or execs. But they ain’t entrepreneurs. They’re just resume gardening and they’re really no different from everyone else.

I don’t care if you’re a billionaire. If you haven’t started a company, really gambled your resume and your money and maybe even your marriage to just go crazy and try something on your own, you’re no pirate and you aren’t in the club.

That thrill of your first hire, when you’ve convinced some other crazy soul to join you in your almost certainly doomed project. The high from raising venture capital and starting to see your name mentioned in the press. The excitement of launch and…gulp…customers! and the feeling of truly learning something useful, you’re just not sure what it is, when the company almost inevitably crashes and burns.

Now that person is interesting. That person has stories to tell. That person is a man who has been in the arena.

There are lots of things that I will probably never experience in this life. Military combat. Being dictator of a small central American country. Dunking a basketball. Being a famous rock star. Or walking on Mars.

But one thing I have been, and will always be, is an entrepreneur. And damnit that feels pretty good. Because if I was a lawyer right now, even a rich lawyer, I’d always have wondered if I had what it takes to do something a little more adventurous with my life than work for someone else.

Entrepreneurs don’t need to be rewarded for risk, because they actually get utility out of risk itself. In other words, they like adventure.

— Excerpt from Are You a Pirate? by Michael Arrington

OUR PURPOSE

We help visionary ideas go further.

We Start with Your Story.

We are experts in finding the truth in your message, then amplifying it. Crafting your personal story is what we do and how we separate you from the herd.

No Set Process. No Limits.

We stay agile and open-minded, and embrace new ways of solving problems. We help you navigate challenges by adapting on the fly.

Honesty and Integrity.

We do what’s right instead of what’s easy, giving you straight, timely answers. And we hold ourselves accountable for our actions.

Building Partnerships.

We integrate you with our network of industry experts, giving you direct access to the highest-quality branding, design, video, photography, content creation and PR services.

OUR TEAM

Meet the people
behind your passion.

Pat Gallagher
Pat Gallagher
Co-Founder, Partner
Susan Hobbs
Susan Hobbs
Partner
Prashant Fonseka
Prashant Fonseka
Principal
David Jee
David Jee
Analyst

Yossi Vardi is one of the people I’ve had the pleasure to get to know since starting TechCrunch. You can find him at technology events worldwide – just look for the smiling, wild-haired guy surrounded by a pack of people.

To understand what he has accomplished, see his wikipedia entry. He is most famous for being the original investor in ICQ, but he’s also invested in over 60 other companies.

Yossi was generous enough with his time to join our panel of experts at TechCrunch40 last month. At one point in the discussion of a group of startups he quoted Theodore Roosevelt from a 1910 speech given in Paris, and drew an analogy to today’s entrepreneurs:

It is not the critic who counts; not the man who points out how the strong man stumbles, or where the doer of deeds could have done them better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood; who strives valiantly; who errs, who comes short again and again, because there is no effort without error and shortcoming; but who does actually strive to do the deeds; who knows great enthusiasms, the great devotions; who spends himself in a worthy cause; who at the best knows in the end the triumph of high achievement, and who at the worst, if he fails, at least fails while daring greatly, so that his place shall never be with those cold and timid souls who neither know victory nor defeat.

I spoke with Yossi this week and asked him about his investment approach. He generally invests in young entrepreneurs and only takes common stock. If someone has failed before he’s even more likely to invest – “It makes them want to win even more,” he said. He generally doesn’t look at business plans at all, and just invests in the individual.

I am not nearly as eloquent as Roosevelt or as smart as Vardi, but the words ring true to me, and it was a very special moment at the conference when Vardi spoke about this. If you are an entrepreneur (or think you may be), forget the critics (even us) and the naysayers and just do what your heart tells you to do. You may be wasting your time, but at least you got into the arena. And if you fail, make sure you fail while “daring greatly.” Then, get into the arena again, having learned from your mistakes.

If you are an entrepreneur (or think you may be), forget the critics (even us) and the naysayers and just do what your heart tells you to do. You may be wasting your time, but at least you got into the arena. And if you fail, make sure you fail while “daring greatly.” Then, get into the arena again, having learned from your mistakes.

— Excerpt from Man In The Arena by Michael Arrington

CONTACT US

Join us in the adventure.

We dare greatly and we’re proud to call ourselves entrepreneurs. If you seek the same thrills, and are willing to search for the unknown, then come and stand with us in the arena. Become part of this incredibly rewarding and fulfilling journey.

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