Boris Wertzfounder & general partner at version one ventures

Entrepreneur turned investor. Co-founder AbeBooks (sold to Amazon), early-stage investor through @versiononevc (60+ investments, including Abstract, Ada Support, Coinbase, Outreach, Shippo, Top Hat). Husband and dad of 4.

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Build a great product and get some early traction. Assemble a top-notch term of co-founders. Understand your space like nobody else. Be good at telling a great story and communicating your vision.

You usually only recognize the commissions as revenues and use the term "Gross Merchandise Value" (GMV) to describe the size of the marketplace (value of all transactions going through the site)

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