Brightspark Blog

Breaking down our 66% net IRR

Posted by Brightspark on 2/28/17 4:11 PM

Today, we’re delighted to announce Brightspark’s 10 year performance of 66% net internal rate of return (IRR).

Because Brightspark as a VC firm has taken a few different forms in the last 10 years - two “traditional” funds and a new model of investment featuring single purpose funds - it took a little bit of elbow grease to calculate a net IRR we were confident was fair and transparent. Here’s a breakdown of our approach.

Read More

Topics: venture capital, Brightspark news, finance, investor, returns

Inside the mind: Relationships and Venture Capital

Posted by Julian Legrand on 2/14/17 1:15 PM

In many ways, building a business is like building a wild and exciting relationship. There are ups and downs, twists and turns, and strangely, some adventures that take you in directions you never expected—in the startup community, we call those pivots.

Read More

Topics: Opinion, venture capital, Learning Room

Venture Capital 101: Making Sense of VC Returns

Posted by Eleonore Jarry-Ferron on 1/31/17 3:02 PM

Venture capital returns are notoriously tricky to report and analyze. As I was working to prepare the Brightspark year-end reports, I looked back on our performance over the last 10 years and thought it would make sense to first shed some light on the complexities of VC returns and what they can mean.

Read More

Topics: venture capital, finance, Learning Room, tips

Artificial Intelligence: The Future is Now

Posted by Mark Skapinker on 1/19/17 5:15 PM

If there’s one thing I have learned in my 30+ years as an investor in startups, it’s that you must give yourself a set of ground rules to adhere to – your investment manifesto. At Brightspark, we outline a set of “non-negotiable” criteria that guide our investments, and I believe it’s been a key factor to our success. The main criteria of selection will always be a team that we firmly “believe in”, and we distilled this rule over the years–along with lessons learned the hard way–to usually only invest in repeat entrepreneurs. Our manifesto also includes investing in markets that we think are at the right stage for investment.

Read More

Topics: venture capital, Tech trends, Artificial Intelligence

Wisdom and tough love on the Startup Canada Podcast 

Posted by Brightspark on 1/17/17 12:04 PM

“Are you going to change the world? The reality is, if you’re going to succeed in this business, you need to dedicate 24 hours/day for the next 5 or 10 years of your life. You need to throw absolutely every piece of energy into it so you may as well take on a big idea, because it’s as hard to do a small idea as a big idea.”

Read More

Topics: venture capital, tips

The 3 most asked investor questions of 2016

Posted by Jonathan Latsky on 1/10/17 12:04 PM

I hope everyone enjoyed the holidays! I was happy that we had snow this year up in Collingwood and we had great family time on the ski hills and snowshoe trails.

The Holiday break was also a great occasion to reflect on some of my work at Brightspark. In my capacity of VP, Investor Community, I have spoken to hundreds of investors over the past year or so. I am fortunate to spend a good part of my days working closely with very accomplished accredited investors who are desirous of diversifying their portfolio and have a keen interest in leveraging the outsized returns from technology start-ups.

Read More

Topics: venture capital, diversification, jonathan latsky, investor