That flexibility powers another aspect of the people-building we believe in so deeply: allowing employees to stay on for years to come via secondaries, while also providing the primary capital required to bring in the next wave of difference-makers, who themselves will be built into something extraordinary. Flexible capital is an investment in the strength and longevity of your company’s own internal community.
We are extremely excited about the new fund. Monumentally excited. But beyond the somewhat straightforward investing side of things, Fund III also gives us the opportunity to grow the part of Founders Circle that we consider to be the reason we exist.
THE CIRCLE: A TRUE COMMUNITY OF CEOs and CFOs
At Founders Circle, we’ve managed to assemble a rare team of people-builders who are deeply committed to the success of others. People whose purpose is centered around the belief that if we give well—and authentically—opportunities will never be in shortage. “Give to get” is how we speak about it internally. So from the moment we launched Founders Circle, we began creating something called The Circle, a private leadership community for CEOs and CFOs of the fastest-growing companies — not just those we invested in.
While the word “community” is at constant risk of devolving into a marketing cliche or a synonym for “one pretty nice dinner with people you’ll never see again,” true communities hold immense power. The Circle community is constant. Within it, no question is too small to ask, no dilemma too massive to collectively solve. And the true beauty of The Circle is that every bit of the collective problem solving is driven by its members. This is their community, not ours.
Circle members gather with intention and purpose, both online and in person. We wake up daily to find a litany of questions in our inboxes met with insightful answers from peers intent on helping one another. Need to determine the required people, processes, and systems to be prepared for your IPO in six quarters? Or to augment your BOD while improving how you lead them through key business decisions? Grappling with the difficult reality of your company outgrowing a key early executive’s skillset and struggling with how to make the right change? Expect a torrent of answers from Circle members, all eager to reveal scar tissue and share actionable stories of their own triumphs (or defeats).