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 an estimated USD $600 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 is the CEO and co-founder of Toronto based Wattpad. He leads the company’s efforts to transform how people discover, create and engage with stories across multiple platforms, including the top-rated Wattpad app with over 90 million monthly users. Leveraging machine learning and insights from over one billion uploads and other data, entertainment companies work with Wattpad to adapt stories for other platforms. These stories have become blockbuster movies, hit television series, and bestselling books around the world. Since its inception in 2006, Wattpad raised US$118 million from top VCs in Silicon Valley, New York, Canada and Asia. In January 2021, Naver, the South Korean internet conglomerate, announced the acquisition of the company in a transaction valued at more than an estimated USD $600 million. The acquisition is expected to close in Q2 2021.
Prior to Wattpad, Allen was CEO and co-founder of FeedM8, a mobile advertising company that was acquired by Upstream Systems. In 2001, Allen co-founded Tira Wireless, a venture-backed mobile gaming and technology company. As CTO of Tira, Allen was responsible for its product vision, strategy and R&D. Tira raised over $30 million in funding from US and Canadian VCs.
Allen received his Bachelor and Master degrees from University of Toronto’s Electrical Engineering program. In 2020, he was inducted in the Engineering Alumni Hall of Distinction of the University of Toronto. He was twice named one of the Top 50 Most Influential People by Toronto Life.
Allen connects to the internet 7/24. He can be found here:
Tarun Agarwal, Analyst
Tarun Agarwal is a recent graduate from the MBA Program from Schulich School of Business at York University. As an analyst at Two Small Fish Ventures, Tarun contributes in areas including market research, competitive analysis financial modelling and the investment memo. Previously, Tarun worked as an advisory manager for small to mid-size and multinational organizations in areas such as financial reporting, advisory, auditing, taxation and compliances. He is also a Chartered Accountant and has cleared all three levels of CFA.
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.