In May, 1996 Caseridge Capital’s Adam Adamou was a Senior Investment Manager at Working Ventures Canadian Fund Inc. Working Ventures’ mandate was to invest in small to mid-sized Canadian companies, with Adam focusing primarily on the technology sector. Pages 135-136 of “Blackberry:
The Inside Story of Research in Motion” notes that Adamou was the first person that Jim Balsillie pitched to in a pre-IPO institutional series of meetings. Weeks later, RIM sold 10 million special warrants at $3.40 to five institutions, including Working Ventures. In an interview with Dollarton’s Nick Waddell, Adamou recalls that meeting.