Happiest Baby made it on the Time Magazine’s Cover and List of the 100 Most Influential Companies 2023
Happiest Baby made it on the Time Magazine’s Cover and List of the 100 Most Influential Companies 2023
Again fantastic news from Happiest Baby, one of our fastest growing companies in the portfolio: after receiving FDA De Novo Approval in March for the SNOO for its ability to keep sleeping babies safely on their backs, Happiest Baby today made it on the Time Magazine’s List of the 100 Most Influential Companies 2023. A fantastic achievement for Harvey and Nina, the founders, and the whole team of Happiest Baby! Congratulations, well done! We are very proud of you!
New Finews Article «Venture Capital wie ein Tanz auf der Rasierklinge»
Bulb Capital’s eighth succesful Exit with Rocket Lawyer
We are happy to announce the eighth successful exit of one of our Venture Capital Club Deals with Rocket Lawyer Inc, San Francisco. As part of an overall USD 225M transaction with Vista Credit Partners and Rocket Lawyer, the Bulb Club Deal Investors were able to sell their shareholding in a secondary transaction. The transaction was also covered in a news article by Finews (German speaking) here.
Finews article about Bulb Capital’s new Esports investment
Interview with Michael Bornhaeusser regarding the current situation of fintechs
Michael`s take in the current situation for fintechs (German only).
Update regarding Bulb Capital Club Deals in times of Coronavirus
Tough times worldwide and time for us to inform you about our Club Deal Investments as all companies are in Coronavirus mode.
The virus is spreading around the world right now and we see high infection rates on all continents where we are active.
We clearly see this as a severe threat to the global economy and we are in regular contact with all our Club Deal portfolio companies. We have insisted that all companies will save cash on hand as much as they can in order to make sure that none of them is running out of liquidity short term. So the companies are supposed to stop marketing spending, move regular payments, etc. Most of the companies have just closed an investment round or got loans granted and liquidity is secured for the coming months. Our investments are mostly in the E-commerce and E-service field and are not affected by shop closings and other shut downs ordered by governments. In some cases the companies were recently benefiting from the situation and revenues were going up as people are sitting bored at home and go shopping online. The strategy to invest in consumer goods and not in heavy enterprise software companies or similar is paying off right now as enterprises have shut down all investment programs, RFIs, etc. and public spend in the E-commerce field is less affected. In summary with think all Club Deal companies will get over the crisis with more or less damage but will survive given the liquidaty buffers on hand. Of course it is hard to predict how and when the crisis will end and we have no guarantee that the companies will make it. Therefore we are monitoring the situation closely and will inform investors if anything is changing and actions will be needed.
We are currently gathering the latest status of each company and will inform investors in separate emails in the coming days.
Best regards and stay healthy
Michael & Dominik
Bulb Capital in the press: Coronavirus and its impact on startups and venture capital
Michael Bornhaeusser about the current Coronavirus crisis, the situation of startups and what venture capital investors could do. Find the German article here.