There’s been no shortage of disruption in the venture industry over the last decade or so, yet someone is always trying to introduce a new way of doing things.
Among the latest is Propeller, a six-month-old outfit that’s hoping to entice family offices and sovereign wealth funds to invest in four new but distinct funds at once. One will focus on IoT investments; a second will focus on insurance-related investments; a third fund will focus on fintech more broadly; and a fourth intends to invest in women-led businesses.
