Edtech is far from uncommon in EIS investing, but is still a little away from the mainstream. Today, Matthew O’Kane from Nexus Investment Ventures discusses his experiences from investing in the area.
We talk about the sector a little and why the target customers may not be who we think they are. However, the bulk of our discussion is a dive into the eight-year journey with Boclips, a market place for providing licensed video clips for educational purposes. We dig into some of the bumps along the way, particularly what happened when a founder left and how the company and Nexus coped with that.
Matthew contrasts this, ultimately successful investment, with a recent failure to draw out several lessons that can be taken from the difference between the two companies.
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Read about the Nexus Investment Ventures Scale-up Fund here.
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Matthew O’Kane is Managing Director of Nexus Investment Ventures. Matthew left Deloitte to join Nexus in 2013. He devised and launched Nexus’s first EIS Fund, the Nexus Investments Scale-Up Fund, which was shortlisted for Best Generalist EIS Fund and Best Sector Specialist at the 2019 Investment Week Tax Efficiency Awards. He acts as an angel investor and active mentor to many of the UK’s brightest healthcare and education and food tech founders.
Disclaimer
Please note this podcast/interview does not constitute a financial promotion and is provided for informational purposes and should not be construed as an invitation or offer to buy or sell any investments. Please be aware that investments into unquoted companies are high risk, long term and illiquid investments. Your capital is at risk. Past performance is not a reliable indicator of future performance. Target returns are not guaranteed and forward looking statements are illustrative only and must not be relied upon. Investors should only invest on the basis of reading the full offer documentation. Listeners must make their own independent decisions and obtain their own independent advice regarding any information, projects, securities, tax treatment or financial instruments mentioned herein.
