The NZ entrepreneur trying to seed six unicorns

Phase One CEO Mahesh Muralidhar. (Image: Phase One)

Tue, 06 Aug 2024

New Zealand venture capitalist Mahesh Muralidhar is aiming to nurture six billion-dollar "unicorn" companies through Phase One, his early-stage funding community.The organisation selectively invests in early-stage companies. "The mission for ... Phase One is six unicorns, so six billion-dollar businesses that are privately held," he said.Muralidhar said Phase One had invested in around 14 early-stage companies. "It's a very small fund, so we've deployed around $600,000 and we've committed to another $50...

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