We do not invest in start-ups but we do invest in smaller companies that are developing something exciting and need help to grow.
We do not invest in start-ups for two reasons. The first is that they are heavily dependent upon their founding staff and this can create a continuity problem if someone leaves or becomes ill. The second reason is time related: the younger the company, the steeper the learning curve and the more the founders lean on their founding investors for advice. At Rockfire we like to co-invest rather than co-manage.
Obviously, we like to make a profit so we look for companies with a convincing business model and potential revenue stream. We have a good deal of in-house expertise in energy and property so many of the companies that we talk to are related in some way to those sectors. Others that have caught our eye are in the automotive, diagnostic or food and drink fields, in the UK and abroad.
Please note, all calls are recorded for training and quality purposes.