Byfounders is halfway through ambitious strategy: Chasing 21 new investments

Venture capital fund Byfounders has landed on its feet after a rough start. The fund has invested in 19 tech startups and works to reach 40. Co-founder of Byfounders already looks to the next fund, claiming that the return on future exits has to compare to that of other funds.

Eric Lagier (R) with Tommy Andersen, Founders of Byfounders. | Photo: PR

Byfounders is a success. That is the conclusion drawn by one of the founders after two years of hard work, confusion and resistance. However, according to Eric Lagier who co-founded Byfounders together with Tommy Andersen, these are the terms for a new fund without any track record.

"Two years in and we've successfully done what we sat out to do," he says to ITWatch.

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