Please note that the list of our business holdings is not exhaustive. Some companies may not be listed due to strategic sensitivities, contractual non-disclosures, or ongoing contract negotiations. We prioritize confidentiality and the protection of business interests as part of our operational strategy.
Current Holdings:
Select Divested Ventures:
Why Never Limited Divests Investments
Never Limited will from time to time divest investments for a variety of strategic, financial, and operational reasons. Some of the most common reasons include:
- Profit-Driven Sales: We may divest when its valuation has significantly increased, allowing for a profitable exit through sale, acquisition, or merger.
- Inability to Grow or Scale: If a portfolio company struggles to achieve expected growth or fails to scale effectively, we may choose to divest to focus resources on higher-performing investments.
- Conflict of Interests: Situations may arise where holding a stake in a particular company could conflict with the firm’s other investments, business relationships, or ethical guidelines. Divestment helps to maintain alignment with the firm’s broader objectives.
- Strategic Reallocation of Capital: To optimize their portfolio, venture capital firms may divest certain companies to redirect capital toward higher-potential opportunities or sectors more aligned with their strategic goals.
- Investment Partner Buyout: Often when we work with startups, we take an ownership stake in the company, and the operator of the company has a buyout clause allowing them to buy back the equity stake we hold.
- Regulatory or Compliance Risks: If a portfolio company faces heightened legal, regulatory, or compliance risks, a firm may choose to divest to mitigate potential liabilities.
- Market Conditions: Shifts in the broader market environment, industry trends, or economic downturns can influence our decision to divest particular holdings.
- Expiration of Investment Horizon: Occasionally we partner with other investors who operate within predetermined fund cycles. When nearing the end of a fund’s lifespan, firms often divest holdings to provide returns to investors.
- Negotiation Leverage: At times, divestment can be part of broader strategic negotiations or partnership deals aimed at achieving other business objectives.
Successful divestment strategies ensure that Never Limited remains agile, profitable, and aligned with their overarching objectives.