We talk a lot about “changing” the world. This month’s selection describes what we mean. We first backed Alex Chesterman in 2008, and now his latest venture, Cazoo, is going public in a $7bn merger - changing an entire market, worth $700bn in Europe, in the process. Julia Salasky’s Legl is (finally) bringing digital to the legal industry, Wefarm is doing the same to millions of smallholder farmers and Ibex Medical Analytics is looking to solve the cancer pathologist-shortage problem through AI. Antitrust is an issue for startups in a world of giants, as Lucy Clarke explains, and Zihao Xu paints a one-off picture of non-fungibility. Perhaps, in this uncertain world, change is the only certainty.
Cazoo
Investing is about relationships, and our longest-standing is with Alex Chesterman, a serial entrepreneur.
