Floodgate – Prime Movers Wanted.

Manifesto

Weapons of the Prime Movers

Technology is bringing abundance to the world. But, only a handful of people start the iconic companies with the biggest impact. Floodgate backs these Prime Movers before the rest of the world believes.

Taking risk with these legendary founders at the very beginning of their journeys is core to our DNA and how we add unique value as an investment partner.

Floodgate backs the Prime Movers before the rest of the world believes.

Ideas

Value Stack

Prime Movers innovate across the value stack

Democratization

Prime Movers are not just from Silicon Valley

No Limits

Prime Movers have the courage to break through walls

Agility + Strategy

Prime Movers combine agility with strategic rigor

Prime Movers: David Rusenko, Chris Fanini, And Dan Veltri

There’s no age requirement to be a great founder.

So, while Weebly was happy to take Floodgate’s seed investment, they first had to fly back to Penn State to collect their Undergraduate Diplomas. And while many companies regard funding as a milestone, the “Weeblies” became profitable with less than $700,000. A lot has happened since then. Today, over 30 million people around the world have started a site on Weebly, with over 250 million unique visitors a month. More importantly, Weebly has helped millions of people — entrepreneurs, business owners, teachers, artists– folks from all walks of life — start something that is uniquely their own.

In addition to the their business success, Weebly is a case study in the value of capital efficiency and the power that this gives a founding team in controlling its destiny.

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