Discover our investment thesis
Our primary investment filter is vision.
It is not an 'ordinary' vision but a true one. A vision with a strong conviction.
An owned vision and purpose that will require patience & drive to execute. It will take years, could take a decade, possibly a life project. Your unique vision, that drives you deep inside.
To (re)-build something unique?
To re-make?
To help...?
To fix...?
To create a new category of...?
To change...?
What drives you?
Why? Why you?
Wherefore? To what purpose?
(spoiler alert: we don't invest in founders who just want to make a quick buck/ get wealthy asap.)
Besides vision, we are a great fit with founders with a bootstrap mentality (we are no fit for 'blitz-scalers'), low-burn yet ambitious.
Founders with a patient, well-planned, methodically step-by-step strategy and execution.
We are investing our own money; hence, we have no exit pressure. By contrast, ideally, we want to stay on board as long as possible so founders can build up their companies with 'that' unique clear goal & VISION...
Healthy unit economics, growth & traction are not unimportant, but without vision (our primary investment filter), there is no match with 4D.
Our sweet spots are late-seed (>25K MRR) B2B SaaS companies. For successful second-time founders, we do make an exception. For indeed a visionary (even first-time) founder team as well. We further look for founders who are impatient to grow internationally but with a bootstrapped / step-by-step mentality. We are no fit for 'blitz scalers'/ high burn. If we have to choose, we prefer to invest in visionary founders with a "first finish" rather than a "finish first" attitude. After all, we are patient capital & if it takes a few years longer, so be it.
Geographically, we will mainly invest in Europe (have a look at our portfolio; we invest all over Europe), with Benelux and the UK as our core markets.
Ideally, we look for early signs of "moat", (potential) network effects or high switching costs, “must-have" vs "vitamin solutions", (possible) multi-revenue streams, cross-border ambition 'impatience", and above all, a crystal clear vision.
As a solo GP, I pre-select the companies with the above investment strategy.
