about us
Who we are
42 Ventures was founded in 2006 by Ned Stringham, an experienced business builder, software expert, and growth company investor. 42v takes a unique approach that is unlike traditional venture firms, angel investors, or private equity groups. Stringham and his team are both business builders and investors unlike typical investment firms that acts as intermediaries investing other people’s money and generally lack experience as successful operators. Everyone at 42v has started and successfully grown their own business, often multiple times. They understand what it takes to win. For some companies that simply need capital, 42v is not a fit, but when entrepreneurs desire a partner that can help make the business grow, this model really works.
42v maintains an evergreen fund of capital that comes personally from Stringham and his close advisors. There is no time frame for exit, nor fixed approach to the investment structure. All decisions are shaped by what the company needs to maximize success. This tightens the alignment between 42v and it portfolio partners.
Since 2006, 42V has invested in 12 businesses that have experienced tremendous success. While we’ve had businesses that failed, the rest have either had extremely successful exits or continue to grow, build value, and create exciting careers for their executives and employees.
Our culture values smarts, deal-making and ‘getting it done’. We work hard at eliminating downside risk without forgetting that we are in it for the upside vision. We plan on having to do it the hard way and are grateful when good fortune and creative ideas shorten the path. We challenge each other’s idea and hope the best thinking wins the day, regardless of the source.
Our Team
Ned Stringham
Managing Director
Blue VanDyke
Portfolio Partner
Doug Folsom
CFO
Bob Howe
Executive Advisory Board
Tim Storer
Executive Advisory Board