I know you have several investment funds under management; how do you ensure they do not compete with BB2?
First and foremost, BB2 is currently our only active and investing fund. The others are already in the divestment phase.
When our previous funds were actively investing, they had different, diversified investment theses. Some invested in riskier ideas, while others were dedicated to more mature concepts. Some were focused on a specific region, whereas others, like BB2, had no such restrictions.
Additionally, we take the “arm’s length” principle seriously. If we want to invest with the BB2 Fund in a company that has already received funds from one of our other funds, we must follow an external valuation conducted by an independent entity. This entity is also responsible for negotiating the terms of the investment round and valuing the startup. This way, we always manage the potential risk of a conflict of interest.