I am the Founder of Enduring Ventures, a long-term holding company. We buy beautiful businesses and hold them forever.

We have a deep respect for our fellow business founders because we were founders ourselves.

We know just how much time, hard work, and struggle goes into building a company that customers love and keep coming back to.

Having invested in companies, sold companies and raised funding, we have seen the costs of the short-term mindset of private equity and venture capital up close. We wanted to do something fundamentally different.

Following the inspiration of Berkshire Hathaway, we decided to build the company that we would want to buy the companies we started.

One that would hold it forever instead of selling it to the highest bidder. 

One that would take care of our employees and create opportunities for them to grow wealth if the business grows. 

One that would mentor our next generation of leaders. 

One that would give our business the time it needs to grow (or simply stay the right size) at whatever pace is right for it. 

That company is Enduring Ventures.

You can follow me here for my thoughts on buying and investing in businesses.

Sieva Kozinsky

Steven Glod

Adopted from Korea as an infant, I built my first landscaping and snow removal business at age twelve—and sold it when I was twenty. I grew up in a suburb of Chicago surrounded by ‘lifers’ at Fortune 500 companies, and knew early on I wanted my career to look different. 

After graduating from Indiana University with a degree in Chemistry and a stint in derivatives trading, I dove into the world of startups. I co-founded the Rent Nest in 2012 (‘Evernote’ for apartments), which led me to a six-month stint living in Romania and a whole lot of learning. We wrapped up the business in 2014 (key takeaway: your tech infrastructure needs to be flawless), and I joined Machinio later that year.

During my time at Machinio (world’s largest search engine for used industrial assets), I helped scale the organization from a startup of 3 to a company of 100+ spanning the U.S., Europe, and Asia. I relocated to Berlin in 2016 to further scale international operations, and oversaw Machino’s acquisition by Liquidity Services in mid-2018.

I’m now investing a lot of my time into helping startups scale across multiple different continents and I’m always looking to network and connect with anyone passionate about startups, crypto, and SaaS sales.

taplio

The Battle

Sieva Kozinsky

Steven Glod

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