Our Values

We focus on one thing: Creating trust.

Trust may not be something VCs typically aspire towards, but we were entrepreneurs, not investors, first.

We know that if we’re trusted by our founders and investors then we are achieving what we set out to do. It means our results are world class. It means we’re honest, credible, and consistent. It means the people we value most, the founders, enjoy working with us.

Trust was essential to Eric, David and me when we built our own businesses, so it also forms the foundation of our fund’s strategy. We invest first and foremost in ​founders​ who have the ability to establish trust with others—their employees, customers, partners—and with us.

Here you’ll find an exceptional community of entrepreneurs and people keen to support them. That’s because trust is not only at the center of how we operate, but also the secret to our results.

If you’d like to hear more about the people in the Wavemaker community and our philosophies on investing, we write regularly ​on Medium​. We’d love to hear from you there.

Paul Santos, Managing Partner

Our Strategy

Before launching our fund, Paul, David and I were all entrepreneurs. We built nine companies and successfully exited five times.

Now, we love helping our founders find clarity and build momentum for their businesses. We connect them with ​a world-class community of advisors and LPs​. As part of the ​Draper Venture Network​, which has 10 funds across 4 continents, we have access to global insights and scale.

We pair that network of people with an investment strategy that’s seen every fund we manage perform in the top quartile.

We invest in a larger number of companies per fund than most VCs because data shows big portfolios win (AIPP). To start, these are small investments in early-stage companies, and later we reinvest in the strongest performers, exposing more capital to the most promising people in our portfolio. No single investment can knock out an entire fund, but one excellent one can return it and then some.

Eric Manlunas, Managing Partner

We focus on one thing: Creating trust.

Trust may not be something VCs typically aspire towards, but we were entrepreneurs, not investors, first.

We know that if we’re trusted by our founders and investors then we are achieving what we set out to do. It means our results are world class. It means we’re honest, credible, and consistent. It means the people we value most, the founders, enjoy working with us.

Trust was essential to Eric, David and me when we built our own businesses, so it also forms the foundation of our fund’s strategy. We invest first and foremost in ​founders​ who have the ability to establish trust with others—their employees, customers, partners—and with us.

Here you’ll find an exceptional community of entrepreneurs and people keen to support them. That’s because trust is not only at the center of how we operate, but also the secret to our results.

If you’d like to hear more about the people in the Wavemaker community and our philosophies on investing, we write regularly ​on Medium​. We’d love to hear from you there.

Paul Santos, Managing Partner

Our Strategy

Before launching our fund, Paul, David and I were all entrepreneurs. We built nine companies and successfully exited five times.

Now, we love helping our founders find clarity and build momentum for their businesses. We connect them with ​a world-class community of advisors and LPs​. As part of the ​Draper Venture Network​, which has 10 funds across 4 continents, we have access to global insights and scale.

We pair that network of people with an investment strategy that’s seen every fund we manage perform in the top quartile.

We invest in a larger number of companies per fund than most VCs because data shows big portfolios win (AIPP). To start, these are small investments in early-stage companies, and later we reinvest in the strongest performers, exposing more capital to the most promising people in our portfolio. No single investment can knock out an entire fund, but one excellent one can return it and then some.

Eric Manlunas, Managing Partner