A conflict of interest (in VC context) is generally perceived as a situation in which an individual’s personal, financial, or professional interests may interfere with their ability to act in the best interest of the firm, its investors, or its portfolio companies. It arises when a person's private interests, such as investments, relationships, or obligations, could influence, or be perceived to influence, their professional judgment, decision-making, or actions in a way that does not align with the firm's objectives or fiduciary duties.
To maintain the integrity of OCV’s decision-making process and to avoid any potential conflicts of interest, non-investment partners are prohibited from making personal investments in other private companies or directly investing in any of our firm's portfolio companies. This policy ensures that all investment decisions and actions taken by our firm are in the best interest of the firm and its stakeholders, and that personal financial interests do not influence business judgments or create conflicts.
Our goal is to maintain transparency and avoid any appearance of impropriety, ensuring that all employees are aligned with the firm's values and objectives.