We believe that we can maximize the number of successful companies in our portfolio, and minimize the number of failures, by being actively involved with our portfolio companies. By investing our expertise and networks, in addition to our money, we aim to maximize returns to our investors. Rather than being limited to the experience and expertise of our executive team alone, we have created a powerful network of successful technology and life science entrepreneurs that work with us to help build our portfolio companies.
Our Mentor pool is made up of more than 70 successful entrepreneurs. Our Mentors assist us by bringing us high quality investment opportunities, allowing us to access their expertise in carrying out due diligence, co-investing alongside us, and becoming directors, officers and advisors to our portfolio companies. Our Mentors include some of BC’s most successful entrepreneurs, such as Amos Michelson, the former CEO of Creo, Inc. who sold that company to Kodak for approximately $1.2 billion in 2006. We have also attracted Mentors from the United States, including Dr. Chris Fibiger, who recently retired as Vice President and Global Head, Neurosciences at Amgen, Inc. and is now working with us to build life science companies. We believe that the guidance that Amos, Chris and our other Mentors can provide to young technology and life science companies is priceless.
We introduce our Mentors to portfolio or prospective investee companies when we believe the Mentors may add significant value to the company. We let each company and Mentor determine if they should work together and, if so, what their business arrangement should look like. Mentors might consult to the company, join its Advisory Board or Board of Directors or even join the company's management team on a full-time basis. They may also personally invest in the company alongside our Fund.
Our Mentor Model is an important element of our investment strategy. Approximately two-thirds of our portfolio companies have at least one Mentor as a director or officer of the company. We believe our Mentor Model is a strategic advantage for both our portfolio companies and our investors.