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We provide capital and value add at the early stages of a company. Our goal is to have deep trust relationships with our entrepreneurs, invest early and double down on the company throughout its journey. Whether in Seed and Series A stages or in Web 3 with publicly launched tokens, our belief is Founders should focus on building product market fit and community rather than constant fundraising.
Web 3 economies, open protocols and DAO’s are built for global audience and user owned through tokens that align incentives. These new companies unlock massive TAMs by eliminating take rates inherent in centralized platforms.
Our B2C focus includes investments in Sports & Lifestyle, EdTech and FinTech & Crypto. We see these fields as areas particularly ripe for disruption leveraging technical prowess, great user experience and innovative business models.
Using technology to take out the friction from common business cases with a focus on sticky services not previously available to SMB's.
Benson Oak bought AVG in 2004 when it was a 20 person team in Brno, Czech Republic and became actively involved in assisting the management of the Company. At the time, AVG had $5M in revenue but had just started to offer its anti-virus product for free.
Benson Oak became involved in the operations and especially in developing the freemium model as the company grew to over 100 million users, becoming a global leader in Internet Security solutions for consumers and small businesses. In 2005, Enterprise Investors and Intel Capital bought into AVG in a secondary transaction and in 2009, TA Associates entered. Overall, BOCs investment in AVG returned 100x to its investors as the company exceeded a $1 billion market cap after going public on the NYSE in February 2012.
Robert Cohen spearheaded BOC’s acquisition of AVG and was deeply involved in the business for the next 8 years. Aside from being a Board member, Robert also served as interim CFO, managed AVG’s fund raising activities.
In 2011, he joined the senior management team responsible for global M&A and strategic corporate development activity and gained deep operational experience via the execution and integration of five acquisitions and two strategic partnerships, in the US, Germany and Israel. Robert was part of the management team as it went public.