TLDR:
- Kris Bortnovsky (Bort), founder of Sakal Ventures, has surpassed $50 million in assets under management (AUM).
- Bort’s journey includes facing professional trials, an indictment for insider trading, personal renewal, and perseverance.
Kris Bortnovsky (Bort), the visionary founder of Sakal Ventures, has recently achieved a significant milestone by surpassing $50 million in assets under management (AUM). Bort’s journey has been marked by resilience, determination, and unwavering dedication. Despite facing personal and professional trials, he has emerged stronger than ever.
In 2021, Bort experienced both triumphs and challenges, with the launch of a new fund, rapid growth, and investments in remarkable companies. However, he also faced an indictment for insider trading in December, which threatened to derail his progress. Choosing to transform hardship into opportunity, Bort focused on personal renewal through activities like personal training, daily runs, and mental fortitude.
Despite market corrections, plummeting valuations, and the departure of key stakeholders, Sakal Ventures persevered. After a legal battle, Bort’s perseverance was vindicated in December 2022 when the case was dismissed. In 2023, the company faced market uncertainties and frozen IPOs, but remained committed to its vision.
In January 2024, Sakal Ventures, led by Bort along with Taylor Barling and Ajay Arora, has emerged even stronger. The company now manages $50 million in assets across diverse technology companies, with a focus on AI, cybersecurity, and leading database technology. Sakal Ventures continues to prioritize excellence and innovation in private technology investments, providing lucrative financial opportunities for its limited partners.
As AI trends continue to rise, Sakal Ventures and its partners are poised for success in the AI landscape of 2024 and beyond. Bort’s journey serves as a testament to the power of perseverance, personal growth, and unwavering commitment to innovation in the world of technology investments.
