Derik has been a serial entrepreneur for over 20 years. He started his venture capital firm 3F Management in 2002. During that time he has built and sold over 30 companies.; all of which he exited in the 7, 8, and 9 figure exit ranges. He was born into poverty, had no one help him, dropped out of college after one semester, and simply "failed" his way to the top! In addition to building his own brands he also invests his own money, time, and resources into promising young entrepreneurs and companies to assist in their growth cycles. By cultivating all of his business operations and culture to support the goal of accelerating growth, and targeted, unprecedented exit strategy multiples for all partnered brands allows each new partners to plug into our eco-system for immediate and accelerated growth. .Having employed over 20,000 employees and managing over a billion dollars in revenues on an ongoing basis, coupled with his unique, out of the box, leverage based approach to all strategies provides a “learning curve” to all partnered brands that money cannot buy.The "simple" goal for each new, and all current portfolio partners, is to fine tune, scale, maximize profitability, and exit in a 3-5 year period of time. Although "legacy brands" do exist and last 10 years r more they do not begin with that as a projected course. Deriks core value that resonates throughout the firm and all portfolio partners is we “give where we earn”. Wherever Derik, or his venture firm 3F Management invests, builds, or expands , they all operate under the core mission to “give” in all the communities that they “earn”. This core value and company mantral means that Mr. Fay has, and continues to quietly donate millions of dollars to hundreds of local charities and the communities in which his brands operate.
Message from Derik " I invest in the person over the project. If you are passionate, hungry, and have a vision, I want to invest in YOU" - Derik Fay