Serial entrepreneurs turned investors, Two Small Fish Ventures was founded by husband and wife Allen and Eva Lau. They want to leverage their experience in building large scale internet companies to help other entrepreneurs build the next big thing.
Eva Lau, Founding Partner
Eva is a well respected entrepreneur-turned-investor and one of the few women leading a venture fund in Canada. She is the Founding Partner of Two Small Fish Ventures, a venture fund that invests globally in early-stage, transformative tech companies with strong network effects. The fund is backed by many high net worth individuals, family offices, institutional investors and the Creator Circle, which composes of many top product and company creators who can leverage their experience to help Two Small Fish Ventures portfolio companies become successful.
Before starting Two Small Fish Ventures, she was Wattpad’s Head of Community and Content. She helped nurture and scale Wattpad from its infancy to become one of the largest online communities with tens of millions of monthly users around the world (Note: In January, 2021, Naver, the South Korean internet conglomerate, announced the acquisition of Wattpad in a transaction valued at more than USD $600 million / CAD $800 million). With a sharp focus on investing companies with strong network effect as their defensibility, Eva has created the ASSET framework that many entrepreneurs and accelerators have adopted in their developing business strategies. Eva is regarded as an expert in this area.
Prior to Wattpad, she was Director of Product Development of Brightspark Labs, a Toronto based accelerator. During her tenure at Brightspark Labs she mentored and helped many tech startups in Toronto.
Eva is also involved in many incubators and accelerators, such as Creative Destruction Lab at Rotman School of Management, University of Toronto’s Entrepreneurship Hatchery, Ryerson’s DMZ, University of Waterloo’s Velocity and Techstars. She also serves on the board of Branksome Hall, Upside Foundation, Volta in Halifax and a number of startup companies.
Eva has a bachelor degree in Industrial Engineering from University of Toronto and an MBA from Schulich School of Business. Her husband constantly teases her that the two degrees offset each other.
Eva hangs out online all the time. She can be found here:
linkedin: @Eva Lau
Allen Lau, Co-founder
Allen Lau is a visionary serial entrepreneur, a leader in Canada’s tech community, and a sought-after speaker and authoritative voice on entrepreneurship, the innovation economy, and the benefits of a diverse workforce.
As the CEO and co-founder of Toronto-based Wattpad, a global multi-platform entertainment company for original stories and leading social storytelling platform, Allen leads an international team with the inspiring vision to leverage groundbreaking technology to fundamentally disrupt the entertainment industry while empowering diverse voices.
Wattpad raised USD $120 million from top VCs in Silicon Valley, New York, Canada, and Asia. In 2021, the company was acquired by Naver, the South Korean internet conglomerate, in a transaction valued at more than USD $600 million (CAD $800 million).
Because of Allen’s leadership and vision, today Wattpad is home to a community of over 90 million people who have written more than a billion uploads on the platform. Thousands of Wattpad stories have been adapted for other platforms and gone on to become blockbuster movies and #1 Netflix hits, emmy-nominated television series, and bestselling books around the world.
Allen champions the interest of Canadian technology companies at all levels of government as a member of Canadian Council of Innovators. He consults on legislation and practices to spur innovation and support the growth of the technology sector. Allen is regularly quoted by the media about the benefits of launching and scaling an internet-based company in Canada.
Allen has a keen ability for spotting the next big thing. He is the co-founder of Two Small Fish Ventures, a fund that invests in early stage internet companies with strong network effects. Two Small Fish Ventures’ portfolio includes Bitstrips, commonly known as Bitmoji (acquired by Snapchat for $100 million), Skip the Dishes (acquired by Just Eat for $200 million), and Ada, an AI startup valued at over USD $1.2 billion.
Allen has commanded the stage at several notable events, including: the Wall Street Journal’s Future of Everything Festival, the TechCrunch Disrupt Conference, the Business Insider Global Trends Festival, Collision Conference, WIRED Business Conference, and APOS. Twice named one of the Top 50 Most Influential People by Toronto Life, Allen has also been featured in the New York Times, Wall Street Journal, and Canada’s prestigious Report on Business Magazine, among other publications. Under his leadership, Wattpad has twice been named to Fast Company’s World’s Most Innovative Companies. In 2020, Allen was inducted into the Engineering Alumni Hall of Distinction of the University of Toronto.
Allen connects to the internet 7/24. He can be found here:
Tarun Agarwal, Analyst
Tarun is an Analyst on the Two Small Fish Ventures Team. At TSFV, Tarun is on the front lines of the deal review and evaluation process, reinventing how VCs make decisions and helping founders with fundraising and pitch strategy. He aims to empower entrepreneurs to succeed and turn innovative ideas into transformative companies.
He started his career at Grant Thornton as a Business Risk Consultant, where his passion for understanding the intricacies of diverse businesses was seeded. Soon after, he worked as an advisory manager helping organizations from small to mid-size and multinational organizations in areas such as financial reporting.
Tarun holds an MBA from Schulich School of Business in Toronto, where he specialized in finance and entrepreneurship. He is also a Chartered Accountant and is awaiting his CFA charter, having cleared all levels. In his spare time, Tarun loves to teach Finance and Accounts to undergraduate students from schools all over Canada.
Aaleen Anjum, Analyst
Aaleen is an MBA candidate at the Schulich School of Business in Toronto. She is a social entrepreneur who established Atlantic Canada’s first multi-faceted mental health youth center in 2014. Shortly after graduating from her Biology-Psychology Bachelor’s program, Aaleen immersed herself in the startup ecosystem and began working at Grit Ventures as an Associate. Most recently, Aaleen interned for one of Canada’s largest precision medicine and biotech VC firms, Amplitude Ventures, where she drafted a thesis defining report on the emerging space of digital therapeutics and participated in the IPO of Repare Therapeutics in the Summer of 2020.
Aaleen is passionate about entrepreneurship, biotech, racial equity in the VC ecosystem, mental health advocacy, and good cups of coffee. She joins Two Small Fish Ventures as an Opportunity Analyst and supports the team in market research, due diligence, and dealflow.