🚀 Navigating and Avoiding Down Rounds 🚀 In the third session of the Africa Venture Discussion series, Eloho Omame delivered an insightful presentation on navigating and preempting down rounds. Here are some of the key takeaways from the session: 🏆 Down rounds involve complex dynamics where incentives from different stakeholders can diverge. Understanding these incentives is crucial for securing the best outcome. 💬 Early, difficult conversations with founders are key to avoiding down rounds. Proactive planning from the outset mitigates the need for last-minute crisis management. ↔ Down rounds are multi-faceted in nature and incentives often conflict. Alternatives such as non-dilutive funding, cost-cutting measures, or structured flat rounds can offer viable solutions to counter this. However, discipline and long-term thinking should be fostered from the outset to avoid reaching the brink of a down round. ⚖ Early conversations are important in mitigating dilution concerns. Founders must balance the fear of dilution with the broader company's value, ensuring they don't reject beneficial rounds due to short-term worries. 🤝 Investors’ reluctance towards down rounds was also discussed and the need to emphasise trust and transparency to ensure alignment between investors and founders. 🔎 Comprehensive due diligence at the beginning of the investment is key to avoiding down rounds. 📈 VCs were cautioned against overvaluation and encouraged to act as advisers to avoid down rounds. 🧠 The psychological aspects of down rounds must be recognised and acknowledged to understand the motivations of different stakeholders to facilitate smooth resolution. In conclusion, navigating down rounds requires foresight, transparency, and a collaborative approach. By fostering trust, aligning incentives, and maintaining a long-term perspective, companies and investors can navigate these challenges with resilience and integrity. #StartupStrategy #VentureCapital #Entrepreneurship #InvestmentInsights
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(っ◔◡◔)っ ♥ With odds like these, will you be playing by the existing rules of the technology investment game? ♥ 💣 𝗙𝗼𝗿 𝗲𝘃𝗲𝗿𝘆 𝘁𝗲𝗰𝗵𝗻𝗼𝗹𝗼𝗴𝘆 𝗶𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗱𝗲𝗮𝗹 𝗺𝗮𝗱𝗲, 𝗮 𝘁𝘆𝗽𝗶𝗰𝗮𝗹 𝗲𝗮𝗿𝗹𝘆-𝘀𝘁𝗮𝗴𝗲 𝗶𝗻𝘃𝗲𝘀𝘁𝗼𝗿 𝘄𝗶𝗹𝗹 𝗰𝗼𝗻𝘀𝗶𝗱𝗲𝗿 𝐨𝐯𝐞𝐫 𝟔𝟎𝟎 𝗼𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝗶𝗲𝘀 💣 𝗙𝗲𝘄𝗲𝗿 𝘁𝗵𝗮𝗻 𝟭𝟬% 𝗼𝗳 𝗶𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗱𝗲𝗮𝗹𝘀 𝗺𝗮𝗱𝗲 𝘄𝗲𝗿𝗲 𝘀𝘁𝗮𝗿𝘁𝗲𝗱 𝗯𝘆 𝗮𝗻 𝗶𝗻𝘃𝗲𝘀𝘁𝗼𝗿 𝗿𝗲𝗰𝗲𝗶𝘃𝗶𝗻𝗴 𝗮 𝗰𝗼𝗹𝗱 𝗽𝗶𝘁𝗰𝗵 𝗱𝗲𝗰𝗸 𝗼𝗻 𝗲-𝗺𝗮𝗶𝗹 𝗳𝗿𝗼𝗺 𝗮 𝗳𝗼𝘂𝗻𝗱𝗲𝗿 These statistics should give any founder trying to raise investment for their science and technology company cause to stop and consider their approach. 𝗧𝗵𝗲 𝗱𝗮𝘆𝘀 𝗼𝗳 “𝘀𝗽𝗿𝗮𝘆𝗶𝗻𝗴 𝗮𝗻𝗱 𝗽𝗿𝗮𝘆𝗶𝗻𝗴” 𝗽𝗶𝘁𝗰𝗵 𝗱𝗲𝗰𝗸𝘀 𝘁𝗼 𝗮𝗻𝘆 𝗶𝗻𝘃𝗲𝘀𝘁𝗼𝗿 𝘆𝗼𝘂 𝗰𝗮𝗻 𝗳𝗶𝗻𝗱 𝗮𝗿𝗲 𝗼𝘃𝗲𝗿. Unless you have 12 to 18 months without generating income to play the numbers game and hope that your pitch deck is good enough to be the one in 6,000 that secures funding, the traditional approach to securing investment risks consuming all of your time, energy, and resources, with a very low chance of success. Is this you? ✅ You want to find the best option for your company to use to secure investment ✅ You want to engage investors and need to understand what they look for and how to get their attention ✅ You're open to a proven faster, smarter and more successful approach to getting investors interested in your company 𝗖𝗼𝗺𝗺𝗲𝗻𝘁 “𝗗𝗥𝗜𝗩𝗘𝗡” 𝗯𝗲𝗹𝗼𝘄 𝗶𝗳 𝘆𝗼𝘂'𝗿𝗲 𝗼𝗽𝗲𝗻 𝘁𝗼 𝗮 𝗳𝗮𝘀𝘁𝗲𝗿, 𝗯𝗲𝘁𝘁𝗲𝗿 𝘄𝗮𝘆 𝘁𝗼 𝗲𝗻𝗴𝗮𝗴𝗲 𝗶𝗻𝘃𝗲𝘀𝘁𝗼𝗿𝘀 #founders #startups #technology #venturecapital #entrepreneurship #innovation #buildaunicorn
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📈 Unlock Your Next Investment Opportunity at #SankalpBharat2024 Looking to make meaningful, high-impact investments? Sankalp Bharat 2024 is your gateway to discovering scalable ventures that are transforming industries and creating long-term, profitable growth. This is more than just any another summit —it’s a space where impact meets opportunity, and you, as an investor, can identify the next big success story. This is your chance to be part of something transformative, all while expanding your portfolio with ventures that make a difference. Whether you’re looking for ventures that align with your goals or the next big breakthrough, this is where you’ll find your next strategic move. Be a part of this exclusive opportunity to invest in the future of impact-driven entrepreneurship. Don’t miss out on this chance to elevate your investments. ✅️ Secure your spot now : https://lnkd.in/dvQg9idu #SankalpBharat2024 #ImpactInvesting #PortfolioGrowth #InvestmentOpportunities #ImpactSummit
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(っ◔◡◔)っ ♥ With odds like these, will you be playing by the existing rules of the technology investment game? ♥ 💣 𝗙𝗼𝗿 𝗲𝘃𝗲𝗿𝘆 𝘁𝗲𝗰𝗵𝗻𝗼𝗹𝗼𝗴𝘆 𝗶𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗱𝗲𝗮𝗹 𝗺𝗮𝗱𝗲, 𝗮 𝘁𝘆𝗽𝗶𝗰𝗮𝗹 𝗲𝗮𝗿𝗹𝘆-𝘀𝘁𝗮𝗴𝗲 𝗶𝗻𝘃𝗲𝘀𝘁𝗼𝗿 𝘄𝗶𝗹𝗹 𝗰𝗼𝗻𝘀𝗶𝗱𝗲𝗿 𝐨𝐯𝐞𝐫 𝟔𝟎𝟎 𝗼𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝗶𝗲𝘀 💣 𝗙𝗲𝘄𝗲𝗿 𝘁𝗵𝗮𝗻 𝟭𝟬% 𝗼𝗳 𝗶𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗱𝗲𝗮𝗹𝘀 𝗺𝗮𝗱𝗲 𝘄𝗲𝗿𝗲 𝘀𝘁𝗮𝗿𝘁𝗲𝗱 𝗯𝘆 𝗮𝗻 𝗶𝗻𝘃𝗲𝘀𝘁𝗼𝗿 𝗿𝗲𝗰𝗲𝗶𝘃𝗶𝗻𝗴 𝗮 𝗰𝗼𝗹𝗱 𝗽𝗶𝘁𝗰𝗵 𝗱𝗲𝗰𝗸 𝗼𝗻 𝗲-𝗺𝗮𝗶𝗹 𝗳𝗿𝗼𝗺 𝗮 𝗳𝗼𝘂𝗻𝗱𝗲𝗿 These statistics should give any founder trying to raise investment for their science and technology company cause to stop and consider their approach. 𝗧𝗵𝗲 𝗱𝗮𝘆𝘀 𝗼𝗳 “𝘀𝗽𝗿𝗮𝘆𝗶𝗻𝗴 𝗮𝗻𝗱 𝗽𝗿𝗮𝘆𝗶𝗻𝗴” 𝗽𝗶𝘁𝗰𝗵 𝗱𝗲𝗰𝗸𝘀 𝘁𝗼 𝗮𝗻𝘆 𝗶𝗻𝘃𝗲𝘀𝘁𝗼𝗿 𝘆𝗼𝘂 𝗰𝗮𝗻 𝗳𝗶𝗻𝗱 𝗮𝗿𝗲 𝗼𝘃𝗲𝗿. Unless you have 12 to 18 months without generating income to play the numbers game and hope that your pitch deck is good enough to be the one in 6,000 that secures funding, the traditional approach to securing investment risks consuming all of your time, energy, and resources, with a very low chance of success. Is this you? ✅ You want to find the best option for your company to use to secure investment ✅ You want to engage investors and need to understand what they look for and how to get their attention ✅ You're open to a proven faster, smarter and more successful approach to getting investors interested in your company 𝗖𝗼𝗺𝗺𝗲𝗻𝘁 “𝗗𝗥𝗜𝗩𝗘𝗡” 𝗯𝗲𝗹𝗼𝘄 𝗶𝗳 𝘆𝗼𝘂'𝗿𝗲 𝗼𝗽𝗲𝗻 𝘁𝗼 𝗮 𝗳𝗮𝘀𝘁𝗲𝗿, 𝗯𝗲𝘁𝘁𝗲𝗿 𝘄𝗮𝘆 𝘁𝗼 𝗲𝗻𝗴𝗮𝗴𝗲 𝗶𝗻𝘃𝗲𝘀𝘁𝗼𝗿𝘀 #founders #startups #technology #venturecapital #entrepreneurship #innovation #buildaunicorn
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(っ◔◡◔)っ ♥ 𝐖𝐢𝐭𝐡 𝐨𝐝𝐝𝐬 𝐥𝐢𝐤𝐞 𝐭𝐡𝐞𝐬𝐞, 𝐰𝐢𝐥𝐥 𝐲𝐨𝐮 𝐛𝐞 𝐩𝐥𝐚𝐲𝐢𝐧𝐠 𝐛𝐲 𝐭𝐡𝐞 𝐞𝐱𝐢𝐬𝐭𝐢𝐧𝐠 𝐫𝐮𝐥𝐞𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐭𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲 𝐢𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐠𝐚𝐦𝐞? ♥ 💣 𝗙𝗼𝗿 𝗲𝘃𝗲𝗿𝘆 𝘁𝗲𝗰𝗵𝗻𝗼𝗹𝗼𝗴𝘆 𝗶𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗱𝗲𝗮𝗹 𝗺𝗮𝗱𝗲, 𝗮 𝘁𝘆𝗽𝗶𝗰𝗮𝗹 𝗲𝗮𝗿𝗹𝘆-𝘀𝘁𝗮𝗴𝗲 𝗶𝗻𝘃𝗲𝘀𝘁𝗼𝗿 𝘄𝗶𝗹𝗹 𝗰𝗼𝗻𝘀𝗶𝗱𝗲𝗿 𝐨𝐯𝐞𝐫 𝟔𝟎𝟎 𝗼𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝗶𝗲𝘀 💣 𝗙𝗲𝘄𝗲𝗿 𝘁𝗵𝗮𝗻 𝟭𝟬% 𝗼𝗳 𝗶𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗱𝗲𝗮𝗹𝘀 𝗺𝗮𝗱𝗲 𝘄𝗲𝗿𝗲 𝘀𝘁𝗮𝗿𝘁𝗲𝗱 𝗯𝘆 𝗮𝗻 𝗶𝗻𝘃𝗲𝘀𝘁𝗼𝗿 𝗿𝗲𝗰𝗲𝗶𝘃𝗶𝗻𝗴 𝗮 𝗰𝗼𝗹𝗱 𝗽𝗶𝘁𝗰𝗵 𝗱𝗲𝗰𝗸 𝗼𝗻 𝗲-𝗺𝗮𝗶𝗹 𝗳𝗿𝗼𝗺 𝗮 𝗳𝗼𝘂𝗻𝗱𝗲𝗿 These statistics should give any founder trying to raise investment for their science and technology company cause to stop and consider their approach. 𝗧𝗵𝗲 𝗱𝗮𝘆𝘀 𝗼𝗳 “𝘀𝗽𝗿𝗮𝘆𝗶𝗻𝗴 𝗮𝗻𝗱 𝗽𝗿𝗮𝘆𝗶𝗻𝗴” 𝗽𝗶𝘁𝗰𝗵 𝗱𝗲𝗰𝗸𝘀 𝘁𝗼 𝗮𝗻𝘆 𝗶𝗻𝘃𝗲𝘀𝘁𝗼𝗿 𝘆𝗼𝘂 𝗰𝗮𝗻 𝗳𝗶𝗻𝗱 𝗮𝗿𝗲 𝗼𝘃𝗲𝗿. Unless you have 12 to 18 months without generating income to play the numbers game and hope that your pitch deck is good enough to be the one in 6,000 that secures funding, the traditional approach to securing investment risks consuming all of your time, energy, and resources, with a very low chance of success. Is this you? ✅ You want to find the best option for your company to use to secure investment ✅ You want to engage investors and need to understand what they look for and how to get their attention ✅ You're open to a proven faster, smarter and more successful approach to getting investors interested in your company 𝗖𝗼𝗺𝗺𝗲𝗻𝘁 “𝗗𝗥𝗜𝗩𝗘𝗡” 𝗯𝗲𝗹𝗼𝘄 𝗶𝗳 𝘆𝗼𝘂'𝗿𝗲 𝗼𝗽𝗲𝗻 𝘁𝗼 𝗮 𝗳𝗮𝘀𝘁𝗲𝗿, 𝗯𝗲𝘁𝘁𝗲𝗿 𝘄𝗮𝘆 𝘁𝗼 𝗲𝗻𝗴𝗮𝗴𝗲 𝗶𝗻𝘃𝗲𝘀𝘁𝗼𝗿𝘀 #founders #startups #technology #venturecapital #entrepreneurship #innovation #buildaunicorn
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Exciting to see the momentum building at events like 3-SPACE 2024! At Tersa Earth, we're passionate about driving sustainable innovation, and it's inspiring to witness 160 visionary startups, investors, and industry leaders coming together to reshape the investment landscape. This event perfectly aligns with our mission to create positive impact through business. The focus on unlocking capital for entrepreneurs advancing sustainability resonates deeply with our work at Tersa Earth. We know firsthand the challenges and opportunities in this space, and it's encouraging to see major players like Rothschild & Co and the World Economic Forum championing this cause. As we continue to push boundaries in sustainable solutions, collaborations and connections forged at events like these are invaluable. They remind us that we're part of a larger movement, working collectively towards a better future. Let's keep this momentum going and continue to demonstrate that profitability and positive impact can go hand in hand. The future of business is sustainable, and it's happening now! 🌱🌍 #SustainableInnovation #ImpactInvesting
✨ 3-SPACE: A Catalyst for Change ✨ Hosted by Rothschild & Co, in partnership with UpLink - World Economic Forum, ImpactVC and Better Society Capital, the 2024 edition of 3-SPACE brought together 160 visionary start-ups, investors, and industry leaders to explore opportunities to drive investment into sustainable businesses. This inspiring event demonstrated how collaboration can: 🌱 Unlock capital for entrepreneurs advancing positive impact for people and planet. 🌎 Redefine success by integrating sustainability across all stages of the capital stack. 🤝 Build connections and foster collaborations that accelerate change. This event emphasized the integration of sustainability into investment appraisal, showcasing how positive impact on our natural and social environment can go hand in hand with financial returns. Learn more: https://lnkd.in/eb4a8hCh #Collaboration #Sustainability #Investment #Capital #Innovation #Entrepreneurship #3SPACE
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𝐖𝐡𝐚𝐭 𝐡𝐚𝐩𝐩𝐞𝐧𝐬 𝐰𝐡𝐞𝐧 160 𝐜𝐡𝐚𝐧𝐠𝐞𝐦𝐚𝐤𝐞𝐫𝐬 𝐠𝐚𝐭𝐡𝐞𝐫 𝐢𝐧 𝐨𝐧𝐞 𝐫𝐨𝐨𝐦? 𝘛𝘏𝘌𝘠 𝘊𝘙𝘌𝘈𝘛𝘌 𝘏𝘖𝘗𝘌 𝘈𝘕𝘋 𝘔𝘖𝘔𝘌𝘕𝘛𝘜𝘔. Last week, amidst the backdrop of the US elections and #COP29, we had the privilege of being part of the 3-SPACE event hosted by Rothschild & Co in collaboration with UpLink - World Economic Forum, ImpactVC and Better Society Capital. 𝐓𝐡𝐞 𝐦𝐢𝐬𝐬𝐢𝐨𝐧? To explore how we can accelerate investment into sustainable businesses and push for urgent action to achieve the 1.5-degree and #NetZero goal for 2050. 𝐇𝐞𝐫𝐞’𝐬 𝐰𝐡𝐚𝐭 𝐦𝐚𝐝𝐞 𝐢𝐭 𝐭𝐫𝐮𝐥𝐲 𝐫𝐞𝐦𝐚𝐫𝐤𝐚𝐛𝐥𝐞: 🔹 Unlocking capital to empower entrepreneurs advancing positive impact for people and the planet. 🔹 Redefining success to integrate sustainability across all stages of the capital stack. 🔹 Building meaningful collaborations to drive real, measurable change. For HyFlux this is more than a conversation. It’s a commitment. We’re striving to deliver 2,000 MT of CO2 emissions savings per year by 2050. 𝐓𝐡𝐞 𝐭𝐚𝐤𝐞𝐚𝐰𝐚𝐲? Sustainability isn’t just a nice-to-have—it’s essential. Positive impact on the natural and social environment can align with 𝐟𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐫𝐞𝐭𝐮𝐫𝐧𝐬, and it’s up to all of us to prove it. The question I’m left with: 𝐇𝐨𝐰 𝐜𝐚𝐧 𝐰𝐞 𝐬𝐜𝐚𝐥𝐞 𝐭𝐡𝐢𝐬 𝐮𝐫𝐠𝐞𝐧𝐜𝐲 𝐚𝐜𝐫𝐨𝐬𝐬 𝐭𝐡𝐞 𝐞𝐧𝐭𝐢𝐫𝐞 𝐢𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐜𝐨𝐦𝐦𝐮𝐧𝐢𝐭𝐲? If this resonates, let’s keep the dialogue going. #Uplink #Investment #ClimateFinance #StartUps #Innovators World Economic Forum P.S. What do you think is the biggest opportunity for sustainable investing in 2024?
✨ 3-SPACE: A Catalyst for Change ✨ Hosted by Rothschild & Co, in partnership with UpLink - World Economic Forum, ImpactVC and Better Society Capital, the 2024 edition of 3-SPACE brought together 160 visionary start-ups, investors, and industry leaders to explore opportunities to drive investment into sustainable businesses. This inspiring event demonstrated how collaboration can: 🌱 Unlock capital for entrepreneurs advancing positive impact for people and planet. 🌎 Redefine success by integrating sustainability across all stages of the capital stack. 🤝 Build connections and foster collaborations that accelerate change. This event emphasized the integration of sustainability into investment appraisal, showcasing how positive impact on our natural and social environment can go hand in hand with financial returns. Learn more: https://lnkd.in/eb4a8hCh #Collaboration #Sustainability #Investment #Capital #Innovation #Entrepreneurship #3SPACE
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The Power of Storytelling in Your Pitch When pitching to investors, particularly for raising funds for ventures in Africa, it is crucial to relate a compelling story or reference someone notable who achieved greatness against the odds. This approach not only humanizes your pitch but also builds a bridge between your goals and the investor's understanding. Imagine an entrepreneur sitting in London, seeking to raise capital for a promising project in Africa. By telling a story about someone from London 100 years ago who turned a small idea into a monumental success, you provide a tangible example of potential and perseverance that resonates deeply with investors. Stories have a unique way of capturing attention and evoking emotions. They provide context, making abstract concepts relatable and easier to understand. For instance, recounting the journey of a visionary entrepreneur from London a century ago who started with a modest idea and grew it into a global enterprise can be incredibly powerful. This narrative not only showcases the timeless nature of entrepreneurial spirit but also parallels the potential of untapped talent in Africa today. By drawing such historical parallels, you create a sense of continuity and possibility. Investors can see the similarities between the past and present, recognizing that just as someone in London once needed backing to realize their vision, there is someone in Africa right now with the same potential. This approach fosters a sense of responsibility and opportunity in investors, making them more inclined to support your venture. Moreover, stories personalize the pitch, transforming statistics and projections into human experiences. When investors hear about real people who have overcome challenges to achieve greatness, they are more likely to feel inspired and connected to your cause. This emotional engagement is key to convincing them that their investment can make a significant impact.
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🤔 Investor-founder relationships can be very tricky. Giancarlo Savini at Future Energy Ventures developed a strategy that can help to smooth over the investor-founder relationship: 👉 Create a pre-agreement partnership contract that clearly maps out all terms of the relationship – including sales and/or product development support. 👉 “The most successful VCs are now deciding they want to further develop customer partnership and help their portfolio companies establishing stronger relationships with their clients – that’s kind of telling as to how important it is.” 👉 Our approach is to pre-agree as much as possible partnerships contracts to really help the entrepreneur. This includes licensing agreements we set up for years to come. 👉 Through a pre-agreed partnership framework, the CEO has a clear idea of exactly what to expect in the partnership we are offering. 👉 We co-create a partnership where we clearly frame, exactly how our partnerships can support their specific company’s growth – what support we will offer them beyond sole investment. 👉 We're not here to learn and take information – we can work with a startup to complement their strategies and improve their speed to market. Do you want support on your funding journey? Connect with us at The Green Techpreneur: https://lnkd.in/emz6q2XM Read more and subscribe: https://lnkd.in/gD4C9VnN #climateaction #climateinnovation #climateinvestment #SparkTheTransition
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♻️ Fund Principal for Mercia Ventures, Sandy Reid hosts a brand new investment round-up, highlighting some of those founders who are making a real impact with their products and services. Social Value Portal is able to track, measure and monitor your organisation's social, environmental, and economic impact. Guy Battle (CEO and Founder) and Anna McChesney-Gordon (Director of Consultancy) tell us more about how its TOM system is changing the ‘social value’ landscape of many global companies. Watch more ⏬ #VentureCapital #Entrepreneurship #Investment #Social #Economic #Environment #MakingAnImpact #ESG
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I’m #WIN: How to Make a Successful Investment? 🚀 👉🏻 Being an investor means seeing opportunities where others see risk. 🧠 As an investor, you need to have a vision for the world ten years into the future and invest only in companies that align with that vision. 👍 Being an investor requires a strong stomach and nerves of steel to stand firm and make the seemingly impossible possible. 🤝 To be a successful investor, you need an extensive global network of contacts to help the companies you invest in grow and thrive. ✍🏻 To be a good investor in startups, it helps if you've created startups yourself. Understanding the process, the challenges, and the entrepreneurial mindset allows you to provide the best support. 🙇🏻 As an investor, you must understand and know in detail every industry where you allocate your money. 🌎 To be an investor, you need a vast global network of contacts to gain access to thousands of companies worldwide, from which you can select only the best 2-3 to invest in each year. 📍 To be a successful investor, you should invest in various geographies and industries to mitigate political, economic, social, and demographic risks. It's easy! 🤷🏻♂️ Great job Elephant in a Box for proving Founders Games collective VC investors decision right (so far) Link to the news (in Bulgarian) https://lnkd.in/dgxFVhV9
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Executive Director
8moExternal shocks, since 2022, play a role on down rounds, as did the FOMO, tourist investors, growth at all costs, etc, previous VC mantra … those with unit economics focus are more resilient to down rounds …