NSA as a fund of funds, pros and cons & the big picture

This post is from the Northstack Memo, our newsletter and commentary on recent happenings in the Icelandic startup ecosystem, written by @kiddiarni. NSA Ventures as a fund of funds Last week I wrote about the upcoming changes at NSA Ventures. Since then, the Minister for Innovation announced the working group tasked with proposing the changes.… Read More NSA as a fund of funds, pros and cons & the big picture

NSA Ventures is changing: Highlights from the annual meeting

This post is from the Northstack Memo, our newsletter and commentary on recent happenings in the Icelandic startup ecosystem, written by @kiddiarni. The numbers: $3.6m in losses due to writedowns It shouldn’t surprise anyone that NSA Ventures was quiet last year. No fresh investments, and just over 200m ISK (~$1.6m) in follow ons. These are… Read More NSA Ventures is changing: Highlights from the annual meeting

Minister for Innovation appoints working group about NSA Venture’s future

Þórdís Kolbrún Reykfjörð Gylfadóttir has appointed a four person working group about NSA Venture’s future. She announced her intention to do so at NSA Venture’s annual meeting this May. In a press announcement, the ministry discusses the move: NSA Ventures, which started in 1998, was created because a lack of availability of startup funding which… Read More Minister for Innovation appoints working group about NSA Venture’s future