TOUCHDOWN VENTURES PROFESSIONAL

“The creation of 1868 Ventures is a tip of the hat to this legacy while allowing our team to discover, support and learn from innovators and entrepreneurs as they build their vision into new realities.” “Since our founding in 1868, we have been an industry leader that has evolved through innovation and ingenuity,” said Randy Coleman, Chief Financial Officer of Scotts Miracle-Gro. Investments will focus on areas where Scotts Miracle-Gro may be a logical customer or partner, or where the company’s professionals can add value through their expertise in retail distribution, product formulation and development, marketing and branding, and indoor growing products.

TOUCHDOWN VENTURES PROFESSIONAL

The fund is part of the company’s commitment to find innovative ways to meet and exceed the evolving needs of gardeners and professional growers.ġ868 Ventures will focus on investments in controlled environment agriculture technologies, plant genetics, natural and organic alternatives for fertilizers and controls, and sustainable products and packaging. If this bothers you then you will be unsatisfied if you apply to most VC firms.MARYSVILLE, Ohio, J(GLOBE NEWSWIRE) - The Scotts Miracle-Gro Company, the world’s leading marketer of branded consumer lawn and garden products, as well as hydroponic and indoor growing products, announced today the launch of 1868 Ventures.

But it means the firm might follow up on some of the surfaced companies, or dig a little deeper on some topics. That doesn’t mean the data is literally given from interviewee to the client. Listen – many investment shops will require in-depth analysis from their interviewees, and it is not uncommon for them to use that to complement the way they think about their investment space. I had a lot of fun and learned a ton, but I also went into it expecting this division of labor (unlike the other reviewers, it seems).įinally, I want to push back on a previous negative review that mentioned that the firm recycles interviewees’ content for their clients. This responsibility was half managing a large corporate relationship and half traditional venture sourcing / deal diligence. I was given incredible responsibility as soon as I asked for it. The folks here were great to me and really strove to teach me the ropes – not a chance most venture firms are willing to take on a newbie. Touchdown Ventures was instrumental to teaching me how the industry works. The next generation of VC firms may be deep experts and corporates with differentiated value-add. The abundance of dry powder and sky-high valuations is making it difficult to turn a profit as a (non-Sequoia, non-Greylock, etc) venture firm. It calls itself “venture-as-a-service.” And I personally think it is a brilliant model, because pure-play venture capital is harder than ever. It is a unique model that is part VC, part consultant. To be clear, Touchdown is not wholly a VC firm. I believe the previous negative reviews have unfairly judged Touchdown Ventures because those reviewers joined the firm without fully understanding the difference between this firm and a traditional VC firm. I wanted to leave a review because I was astonished at how harsh the other reviews have been, and these low marks are not fair. There are definitely elements of consulting, but you are more of a VC than a consultant for sure. The ability to make an impact in the trajectory of a company through capital and partnerships is really unique, and the sense that the executives at large corporations value and enjoy working with you is tangible and rewarding.

You have one foot in the corporate world and one foot in the world of startups/VC.

The business model is stable in the present while also giving the opportunity to reap future rewards.ģ. The company has continued to grow and (also contrary to what people have said here) retain clients, marquee and otherwise. Contrary to what others may have said here, I find this part of the culture completely genuine, authentic and enriching.Ģ.

That is why people have so much fun at the corporate events and offsites that are held periodically. There is a sense that everyone works together towards common goals, and genuinely cares about one another's work. The people are genuine, caring, and want to help out.

Touchdown ventures