Think3

About The Fund

Think3 is a private equity fund that aims to reshape the start-up lifecycle. Specializing in acquiring and investing in SaaS (Software as a Service) startups, Think3 was established in 2018 with headquarters in Austin, Texas. They recognize a trend in the industry where startups stay private longer and exits become increasingly rare; over the past four years, there's been a significant 30% decline in U.S. startup exits. Acknowledging the prolonged private period can be detrimental for founders' careers, Think3 focuses on a unique investment thesis that involves a time-based portfolio approach. This strategy is designed to enable founders to swiftly transition to new ventures by providing a complete acquisition and transition process within 100 days, thus avoiding the career stagnation that can occur from holding onto a single startup for too long. By adopting methods that venture capitalists use for intelligent portfolio diversification, Think3 applies a similar concept to the entrepreneurial timeline. They provide founders with the resources to sell their company, allowing them to take 'another shot' at success without letting down their current team, investors, and customers. Think3 has developed a product named Alloy, born from the experience of acquiring 50 companies over the last decade, to facilitate this process. They have introduced a $1 billion fund to support this initiative, offering a no-strings-attached $500,000 seed round (or $1 million with equity) post-transition, to help founders launch their next venture. Think3 encourages the ethos of knowing when it's time to sell and to move onto the next opportunity.