Profit and Purpose: Relevance Ventures’ Strategy with Cameron Newton
Welcome back to the Scale By Numbers Podcast.
In this episode, James Vanreusel interviews Cameron Newton, an investment manager and founding member of Relevance Ventures. Cameron shares his background, starting as an investment banker before transitioning into venture capital. Relevance Capital focuses on health and wellness investments, primarily in Series A and Series B stages. They employ a reverse barbell strategy, aiming for high returns with seed investments while also focusing on scaling businesses in the 1 to 10 million revenue range.
The conversation then delves into the concept of impact investing. Cameron explains that Relevance Ventures defines impact from a ground-up perspective, building companies with impact-focused cultures, diverse boards, and management teams. They measure impact through the longevity and success of these companies, emphasizing that financial return is crucial for sustainability and long-term impact. They prioritize investments that serve underserved populations, use sustainable practices, and have readily available products.
Key Takeaways:
- The importance of an AI component in any business.
- How to get a good introduction to VCs.
- The good timing to investing as valuations went down.
Learn more about our guest: