NCS, founded and led by Scott Bolin was a spin out of a materials business called Tethis. NCS leverages their proprietary material and technology to create custom distilled spirits for private label, influencer brands and craft markets.
The Triangle Tweener Fund strategy is to build an index – smaller investments in a relatively large number of companies. At the current fund size this translates to 10-15 investments a quarter, or 40-60 a year. If you’ve been involved with traditional venture funds (picking winners) this pace seems impossible. Trust us, it’s not easy, but it’s definitely possible and the opportunity is there.