Early stage investors

Aula October ‘09

1. What do they do and how?

2. What do they look for and what‘s on offer?

3. How to approach them?

TEAM EUROPE’s PERSPECTIVE ON:

1. What do they do and how?

Unser Produkt: UnternehmertumSUPPORT THE HARDWORKOF ENTREPRENEURS

MONEY JUST ONE OF THECOMPONENTS

COMPANY BUILDING: HELPED TO SETUP ~10 COMPANIES SINCE 2007

SEED-INVESTED IN ~15 CONSUMER INTERNET COMPANIES SINCE 2007

FFFSeedfunds

TYPICALLY FIRST MONEY IN (OR AFTER FFF)

2. What do they look for and what‘s on offer?

♦ Excellent entrepreneurs

♦ Excellent teams (what makes a great team?) greatness in their area✓ complementary✓ leader (1, not 2 or 3)✓

♦ Great young companies

♦ Areas: strong internet component in the business model, not only pure Internet!

♦ Cash (up to a few hundred k€)

♦ Deep company building expertise- you build a company, not (just) a product!- recruiting / finance / strategy / distribution / deals / general management

♦ Strong online expertise

♦ Strong international network / portfolio synergies

Hard work & broad range of options

We work with you and offer:

Seed Capital & Strong Support

Company Building

Internships

Jobs @ TEV or in Portfolio companies

3. How to approach them?

Contact via personal networks much more effective than info@...

Anything you send – KISS – Keep it Simple and Stupid (and Short!)

Present team / company, not just product

Focus on potential / business logic, not detailed cash flow planning for 10 years

Approach and get noticed

Do you really need it?

Make them desire you!

Don‘t sell too much too early (seen BA‘s with 40% for 100k pln !?!)

Do not look only for money – early investors are super helpful

Dealing…

Get in touch:

pawel@teameurope.net