In this episode of Funds That Won, Lincoln interviews Blake, an Managing Partner at Pelion. Blake shares the elevator pitch for Pelion, a renowned investment fund that focuses on early-stage software companies. With over $2 billion in assets under management, Pelion has experienced tremendous growth over the past two decades. Blake also discusses his journey with the firm. Tune in to learn more about the success story of Pelion and their investment strategies.

Blake Modersitzki is a managing partner at Pelion Venture Partners. He has served on several public and privately held company boards. He was managing director of Novell Ventures and vice president of corporate development for Novell. Blake previously held global sales and marketing positions at WordPerfect. He earned his bachelor's degree in economics from BYU. Blake and Sandy have three children.

[00:01:36] Investment success.

[00:05:01] Decision-making and hiring process.

[00:07:23] Decision-making process and unanimous votes.

[00:12:46] Shared assets among the funds.

[00:16:06] Taking companies to IPO.

[00:19:22] Entrepreneurs changing the world.

[00:24:07] Christmas cards and CEOs.

[00:27:06] Group think and Theranos.

[00:30:46] Fund size and investment strategy.

[00:35:11] Get rich slow.

[00:40:26] Watching movies while exercising.

[00:42:58] Educational purposes and financial advice.