Since 2010, Hivers & Strivers has quietly invested in over 20 companies, pouring $80 million (yes, million) into start-ups with one crucial caveat: The companies they invest in have to be founded by a U.S. veteran.
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Hivers & Strivers is the most impressive Venture Capital group you’ve never heard of. Since 2010, they’ve quietly invested in over 20 companies, pouring $80 million (yes, million) into start-ups with one crucial caveat: The companies they invest in have to be founded by a U.S. veteran. With six exits, H&S is outperforming other VCs with impressive returns and big numbers. When asked how and why they’re so successful, founder Doug Doan (1979 graduate of West Point and former Army intel officer) says it’s easy: “We don’t invest in companies. We invest in people. Our veteran entrepreneurs are grittier. They’re more focused. They know how to lead a team. Through their military service, they’ve demonstrated they are committed to fulfilling the mission above all else. They don’t quit.”
