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Boris Wertz

founder & general partner at version one ventures

Bio

Entrepreneur turned investor. Co-founder AbeBooks (sold to Amazon), early-stage investor through @versiononevc (60+ investments, including Abstract, Ada Support, Coinbase, Outreach, Shippo, Top Hat). Husband and dad of 4.

Recent Answers

Accelerator

What is the best strategy for getting into a top accelerator (Y-Combinator, Tech Stars, Dream It, etc.)?

Boris Wertz

founder & general partner at version one ventures

Build a great product and get some early traction. Assemble a top-notch term of co-founders. Understand your space like nobody else. Be good at telling a great story and communicating your vision.

Shipping

How do you setup a network of suppliers and what sort of infrastructure do you need to setup replicable dropshipping partnerships.

Boris Wertz

founder & general partner at version one ventures

Heard good things about GoodsCloud (www.goodscloud.com)

Finance

When recording income for a marketplace startup, is it typical to use the gross transaction or just the fees collected per payment?

Boris Wertz

founder & general partner at version one ventures

You usually only recognize the commissions as revenues and use the term "Gross Merchandise Value" (GMV) to describe the size of the marketplace (value of all transactions going through the site)

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Areas of Expertise

Consumer InternetProductFundraisingStart-upsMarketplacesE-commerceSaaS - Enterprise & SMB B2BEarly StageInternational Growth