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institution2007-present

Tiny

Disciplines:
technology
business
private equity

Summary

Canadian holding company (founded by Andrew Wilkinson and Chris Sparling) that acquires profitable, founder-led internet businesses — a 'Berkshire Hathaway for the internet.'

Core Contribution

Tiny as the permanent capital acquirer for internet businesses: Wilkinson's model is simple — buy profitable, bootstrapped internet businesses at reasonable multiples, don't meddle, let them run. The innovation is the permanent capital structure (unlike PE with 5-7 year fund cycles) and the focus on internet businesses too small for traditional PE. Tiny's success with Dribbble, MetaLab, and dozens of others demonstrated that there is substantial value in the long-tail of profitable internet businesses that the VC model ignores.

Historical Influences

Berkshire Hathaway

Intellectual Lineage

Canadian TechnologyInternet Business Acquisition

Contemporaries & Peers

Permanent EquityConstellation Software

Minds Influenced

Micro-PE / Internet Business Acquisition Category

Intellectual Posterity

Internet Business Acquisition Category

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Tiny

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