Patrick Polak is co-founder and managing Partner at Newion Investments, a Venture Capital firm, which he co-founded late 2000. After completing his studies in Aerospace Engineering in Delft, he jointly founded an IT company. He sold his interest in this company at the end of 1996. He came to work at N.V. NOM in Groningen – a government related Investment firm at the start of 1997 where he was mainly responsible for investments in IT-related businesses. In addition to the IT investments, he has also financed various other types of companies. Patrick has is still occupying positions on various Non Executive boards. Currently he is on the Board of IDES Technologies, Collibra, Mirror42, Service to media, Servoy, LeanApps and Europe Unlimited. In the past he was a Board Member with IKS Producten, AllLocations, Amyyon, SLTN Group, Oxxio, IBT, Datell, E-semble, Propulsion, Sound Intelligence, Q-go, Eonic.
In the daily work as a VC, failure and success go “hand in hand”. Many fast growing companies are always balancing on the edge of failure or success. As Mario Andretti - a former racing driver - once said: “if you are in control, you are not going fast enough”. However, it is also true that: if you want to finish first, you first have to finish. Patrick is a passionate investor, is married and has two daughters.
*Patrick Polak's presentation at Creative Media Days: http://www.slideshare.net/iMinds/fail-conference-2012-patrick-polak