**Description:**
In this YouTube video, we sit down with Seb Wallace, an expert from Triple Point, to discuss the Triple Point Venture Fund. As a share class of Triple Point VCT 2011, this fund focuses on investing in seed- and Series A stage companies that cater to enterprise businesses. Seb shares insights on various topics, including the fund’s investments, recent successes like Nook and Ryde, the effects of the pandemic on the portfolio, and the added value Triple Point brings besides capital. If you’re an experienced investor looking for opportunities, this video is for you!
For more information about the Triple Point Venture Fund and how to invest, visit [Wealth Club](https://www.wealthclub.co.uk/y/triple-point-vct/).
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**Important Notice:**
The opinions expressed in this video are solely those of the interviewee and do not necessarily reflect the views of Wealth Club Limited. Please note that this interview, like our service, should not be considered financial advice. The featured products may not be suitable for everyone, as Venture Capital Trusts (VCTs) are higher risk and less liquid than mainstream investments. There is a possibility of losing your capital, and tax rules are subject to change, with benefits varying depending on individual circumstances. If you’re uncertain whether an investment is suitable for you, it is recommended to seek professional advice.
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**Transcript:**
Introduction:
– Host: Hello, I’m Alex Davies, founder of Wealth Club. Today I’m with Seb Wallace of Triple Point to talk about the Triple Point Venture Fund.
Background and Triple Point:
– Host: Hi Seb. First off, tell me about Triple Point and give me a bit of background about yourself.
– Seb: Yes, so Triple Point’s been around since 2004, we’re an alternative investment manager… [source](https://www.wealthclub.co.uk/y/triple-point-vct/)
Triple Point VCT:
– Host: And tell me about the Triple Point VCT.
– Seb: Yes, so the Triple Point VCT [2011 plc]… [source](https://www.wealthclub.co.uk/y/triple-point-vct/)
Investment Criteria and Sectors:
– Host: Yes, so in terms of the characteristics… [source](https://www.wealthclub.co.uk/y/triple-point-vct/)
– Seb: Yes, I mean we are focused on a challenge-led strategy… [source](https://www.wealthclub.co.uk/y/triple-point-vct/)
Recent Investments:
– Host: And do you want to give me an example… [source](https://www.wealthclub.co.uk/y/triple-point-vct/)
– Seb: Yes, sure, so one company we invested in recently, Nook… [source](https://www.wealthclub.co.uk/y/triple-point-vct/)
Maturing Investments and Pandemic Impact:
– Host: Yes sure – so Ably, a deal that we did over… [source](https://www.wealthclub.co.uk/y/triple-point-vct/)
– Seb: Yes, it’s certainly an interesting question… [source](https://www.wealthclub.co.uk/y/triple-point-vct/)
Value Provided by Triple Point:
– Host: Yes, so Triple Point’s been around for over 20 years… [source](https://www.wealthclub.co.uk/y/triple-point-vct/)
– Seb: Yes, so Triple Point’s been around for over 20 years… [source](https://www.wealthclub.co.uk/y/triple-point-vct/)
Exit and Validation:
– Host: Yes, sure. The exit we had was Adepto… [source](https://www.wealthclub.co.uk/y/triple-point-vct/)
Risk and Portfolio Growth:
– Host: Yes so the VCT invests at seed stage… [source](https://www.wealthclub.co.uk/y/triple-point-vct/)
**Subscribe** to our channel (+ 🔔) for more Meet The Manager video interviews.
** See newer interview at https://www.youtube.com/watch?v=tW-LSS8K274 ** We talk to Seb Wallace about the Triple Point Venture Fund, a share class of Triple Point VCT 2011. Introduced in 2018/19, the fund has already had its first exit and seeks to back seed- and Series A stage companies that can sell their products to enterprise businesses. Some of the key things we cover:
0:00 Introduction to Triple Point and Seb Wallace
0:48 What is Triple Point Venture Fund and what does it invest in?
2:25 Example of a recent investment: Nook, invoice workflow automation
2:55 Investing in Ryde, a human resource platform for delivery riders
3:22 Maturing investments Ably (real-time APIs) and Quit Genius
3:53 Pandemic effects on the portfolio
4:40 What value does Triple Point add besides capital?
5:21 Exiting Adepto for shares in Degreed Inc.
6:11 Risks and potential failures
7:16 Why should experienced investors consider Triple Point VCT 2011?
For more details on Triple Point Venture Fund, including documents & how to invest, see https://www.wealthclub.co.uk/y/triple-point-vct/.
Please Subscribe (+ 🔔 ) for more Meet The Manager video interviews.
IMPORTANT
The opinions expressed in this video are the interviewee’s own and do not necessarily reflect the view of Wealth Club Limited. This interview, like our service, is not advice and the products featured are not suitable for everyone. VCTs are higher risk and less liquid than mainstream investments. You could lose your capital. Tax rules can change and tax benefits depend on your circumstances. If you’re unsure an investment is right for you, please seek professional advice.
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