Witter & Company

W&Co / Ventures

Sometimes we don’t just advise.
We become owners.

Witter & Company selectively partners with founders where we believe our capital, capability and involvement can materially improve the probability of success.

We do not invest simply because a company needs money. We participate when capital and capability belong in the same conversation.

Evaluation

How we assess an opportunity.

Founder
  • Capability
  • Integrity
  • Commitment
  • Coachability
Economics
  • Revenue potential
  • Margins
  • Capital requirements
  • Scalability
  • Path to profitability
Market
  • Demand
  • Competition
  • Structural opportunity
  • Timing
W&Co Advantage
  • Can our involvement actually change the outcome?
Alignment
  • Can ownership and incentives be structured intelligently?

Process

Venture partnership.

01Understand
  • Business
  • Founder
  • Market
  • Economics
02Test
  • Assumptions
  • Demand
  • Risks
  • Execution requirements
03Structure
  • Capital
  • Ownership
  • Responsibilities
  • Governance
  • Milestones
04Build
  • Execute
  • Measure
  • Adapt
  • Compound

Signals

What gets our attention.

Signal / 01

Clear customer pain

Someone genuinely wants the problem solved.

Signal / 02

Commercial logic

The economics can become attractive.

Signal / 03

Strong founder energy

The founder is prepared to execute.

Signal / 04

Room to create value

W&Co can materially improve the business.

Signal / 05

Interesting asymmetry

Downside is understandable and upside could be meaningful.

Signal / 06

Alignment

Everyone benefits from the company becoming more valuable.

A business does not need venture-capital scale to be excellent. We are interested in companies that can become genuinely valuable, whatever their theoretical market size.

Selective

We work with fewer companies on purpose.

Our model depends on understanding the business deeply enough to matter. That becomes impossible at volume.

Not every business requires W&Co.
Not every opportunity belongs in our portfolio.