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Tag Archive Europe

Startup Tech Events Europe Feb 2019

Startup System EU  offers this European Innovation Conference calendar as a resource to help make connections between startups, investors and innovators.

Our goal is to bring together startups and innovation professionals to learn about cutting-edge innovations and foster dynamic conversation addressing how technology is transforming Europe.

JAN-MAR | APR-JUN | JUL-SEP | OCT-DEC

European Innovation Calendar | European Accelerator Deadlines | European Digital Health Conferences

Feel free to email updates, corrections or add conference dates.

  • ISPO Munich 2019 – The largest trade fair for sports business more than 2,800 exhibitors will be presenting their latest sports products from segments such as Snowsports, Outdoor, Health & Fitness, Urban and Teamsports at the Messe München exhibition grounds. Look forward to four days full of impulses and rich contacts. Munich, Germany; Feb 3-6, 2019
  • HRD Summit – the most senior gathering of HR Directors on the globe. The 2019 Summit will welcome over 1,000 attendees, over 150 speakers across 8 content streams, over 80 Exhibitors, over 250 Match Meetings and 11+ hours of networking spread across 2 days. Birmingham, UK; Feb 5, 2019
  • ICE Totally Gaming 2019 – ICE London is the only B2B gaming event that truly brings together the international online and offline gaming sectors. London, UK; Feb 5-7, 2019
  • London Affiliate Conference 2019 –  the world’s largest dedicated iGaming affiliate exhibition and conference, London, UK; Feb 6-9, 2019
  • Digital Relaunch Konferenz – Experten-Wissen für eine erfolgreiche Digitalisierung. Bei der Digital:Relaunch dreht sich alles um praxisorientierte Lösungen und Best Cases rund um die Digitale Transformation von Leadership, Arbeitsplatz, Business und Marketing. Tauschen Sie sich mit Experten und anderen Besuchern aus und genießen Sie die After-Show-Party. Berlin, Germany; Feb 11-12, 2019
  • Tech Invest Berlin – Meet leading and influential European investors in a high-end like environment and pitch on stage: following the format that has made the success of startups pitches: only 4 minutes per pitch, and 15 minutes per keynotes, one to one meetings, networking sessions, awards ceremony. Berlin, Germany; Feb 12, 2019
  • MOVE: Mobility Re-imagined – The world’s most important mobility event, where disruptive technology and innovation drive the future of urban transport. MOVE will bring together disruptors, their technology and their attitude with stakeholders across all modes and disciplines: to dialogue, to create insight and to promote collaboration. We guarantee to be more expansive and multi-disciplined than any other event on the planet. #MOVE2019 London, UK; Feb 12-13, 2019
  • France Tech Transfer Invest 2019 – Tech Tour together with SATT (France’s tech transfer acceleration offices), BPI and EuroQuity are pleased to announce the third edition of  France Tech Transfer Invest (FTTI), an event that aims to stimulate investment into French tech transfer spin-offs. Paris, France; Feb 13-14, 2019
  • Learning Technologies UK 2019 – Europe’s leading showcase of organizational learning and the technology used to support learning at work. With more than 8,500 visitors, 150 free L&D seminars, over 200 exhibitors, an exhibition hall packed with the latest learning technologies, innovation and best practice and the industry’s leading L&D conference, it provides a unique and exciting environment for all those involved in workplace learning. London, UK; Feb 13-14, 2019
  • World Congress of Angel Investors WBAF 2019 – An affiliated partner of the G20 Global Partnership of Financial Inclusion (GPFI), the World Business Angels Investment Forum (WBAF) promotes angel investment as an innovative financial inclusion tool at the global level. At the G20 meetings in Riyadh, it was announced that WBAF 2019 is now an affiliated congress of the G20 Global Partnership for Financial Inclusion (GPFI). Istanbul, Turkey; Feb 17-19, 2019
  • WeTech Berlin 2019 – The conference will include a series of unique encounters and discussions on topics focusing on innovation & tech, business ties between Germany and Israel, investment opportunities and more. During the conference, we shall examine how tech and innovation manifest in an array of fields, from cyber and industrial manufacturing to finance and automotive. Berlin, Germany; Feb 18-19, 2019
  • SingularityU Spain Summit 2019 – We empower a global community with the mindset, skillset, and network. For the first time in Madrid, the cutting-edge SingularityU Spain Summit brings you the future of the world, the Silicon Valley state of the art technologies and next to come. Fasten your belts!!! Madrid, Spain; Feb 20-21, 2019
  • The User Experience Design Conference – bringing designers, developers, business stakeholders, researchers, and marketing specialists together. The theme of the conference is designers and marketing, helping businesses grow. We’ve invited amazing speakers from Conde Nast, Booking.com, Monzo, Canonical, Ocado, ThomasCook, Which?, Virgin Atlantic and others. London, UK; Feb 21, 2019
  • Startup World Cup Baltic Series – Startup World Cup is a series of startup conferences and competitions in 13 countries, hunting for the next emerging unicorn to award US $1,000,000. Riga, Lativa; Feb 21-22, 2019
  • TechChill – Having grown from a small grassroots movement of like-minded tech enthusiasts, TechChill celebrates the best of the Baltic startup community by annually bringing together 2000+ attendees, including the fastest growing startups, most innovative corporations, investors active in the region and talented tech enthusiasts. TechChill is organized by a non-profit foundation of the same name, empowering the Baltic startup ecosystem throughout the year. This year is no exception – the two-day agenda at TechChill 2019 will feature 70+ speakers and 20+ side events, as well as some legendary afterparties. Riga, Lativa; Feb 21-22, 2019
  • Xside – a creative hub of excellence that celebrates the ideas, skills, and people that are leading future change. A groundbreaking gathering where converging communities unite. Barcelona, Spain; Feb 24-27, 2020
  • 4YFN 2019 – Over three days, 4YFN will showcase the latest tech startup innovations from around the world. Featuring curated content, startup pitches, competitions, and dedicated networking sessions. The event is tailor-made to connect the international startup community, investors, talent and corporations. Barcelona, Spain; Feb 25-27, 2019
  • Mobile World Congress Barcelona 2019 – The GSMA Mobile World Congress is the world’s largest exhibition for the mobile industry, incorporating a thought-leadership conference. Barcelona, Spain; Feb 25-28, 2019
  • SuperReturn International – The world’s largest private equity and venture capital event. 2,500+ attendees. 700+ LPs. 1,100+ GPs. 400+ speakers. Unlimited possibilities. Private equity and venture capital conference determining strategies for successful fundraising, value creation, exits and maximizing returns in a new decade of private equity. Berlin, Germany; Feb 26 – Mar 1, 2019
  • LONDON TECH JOB FAIR SPRING 2019 – a chance for job seekers to talk to companies that are hiring in person. If you’ve had enough of submitting your CV online without the opportunity to make a lasting first impression, here’s your chance to change your strategy and do a bit of networking. London, UK; Feb 27, 2019

Startup Tech Events Europe Feb 2019

Startup Business Review

Startup Business Review – helps businesses to increase sales and find new investment. Using the Business Ecosystem Plan (BEP) methodology we can help you clearly define your stakeholder value propositions, business models and go to market strategies. The entire process can be achieved in as little as 9 weeks for a fixed price – and comes with 100% money back guarantee. Whether you are talking to customer, teams, or investors – the SER Team will help you with crystal clear communication.


Recently, we sat down with our good friend and SER Team Troy Norcross to discuss fund raising, Brexit and the European Startup Ecosystem.

How will Brexit impact the European Startup Scene (since London is such a big startup community)?

Brexit was a pretty big shock to the London startup scene. The initial feeling was that it would impact access to both talent and funding. As we are just now beginning the negotiations, there has not been a noticeable effect.So long as London is a financial center and a center for media, FinTech and AdTech start-ups will remain because of the access to customers. In my view, the big opportunity is for EU cities like Berlin to capitalize on the shift. Overall, I believe the European Startup Scene will benefit because there will be more capital and resources available to promising EU startups once the UK leaves the EU.

What’s the biggest challenge that European Startup Founders face?

A systemic aversion to risk. Investors don’t like risk. Customers don’t like risk. Potential employees don’t like risk. In order to succeed, startup founders must find the right way to either de-risk their business or to demonstrate their ability to mitigate risk. Investors want to see revenue and traction and a working business model. Customers want to see proven platforms and solutions that others have already proven that they work. Teams want to have confidence that the company won’t just go broke and lay everyone off tomorrow. As a founder, your biggest challenge is the fact that everyone is afraid of risk – and by default – start-ups are risky.

What’s the role of accelerators and incubators today and going forward?

There are over 300 accelerator and incubator programs in London. And they are dying. There are so many programs that it becomes harder and harder to fill a cohort with quality start-ups. My feeling is that we will see the accelerator and incubator programs of today fade away. There is another related trend that hints towards the future: Large corporates are shutting down their innovation programs. After 3 years of heavy investment in innovation teams and programs and agencies with little or no returns, big companies are shutting these programs down. The new-new thing is in-house incubators. More and more large corporates are engaging with startups in their sector looking for companies who will ultimately disrupt them. If a large corporate can spot an opportunity early enough they can either buy the start-up or they can change their organization to survive the disruption. Also, by putting individual team members of corporates alongside start-ups there exists an opportunity for cultural change on the company side and invaluable mentoring on the side of the startup. The future of incubators and accelerators is that they become programs within large corporates – and free standing accelerators go away.

What is the best team composition for a startup?

The minimum team for a startup is two co-founders: One commercial and one product/service. In the very early days, it is best to outsource as much of the development and design as you can (beyond what the 2 person team can do themselves). If you hire developers, designers and more too early there will come a time when they have nothing to do. The dev team stops while the marketing team engages and then the marketing team stops while the dev team catches up. It’s only when the product market fit has been validated and the cycle of build-test-learn becomes continuous that you should hire full-time extended teams. One other specific role that should be on your team is a “sector specialist”. If your main USP is the use of big data or AI/ML or genetic manipulation – then you really need to have a dedicated individual on the team to back up your ability to deliver.

What’s the number one problem startups have with their pitch decks?

There are so many problems that I see with pitch decks. The number one problem is that the startup doesn’t use a “Language of value” – Too often they talk about features and user experiences and they fail to successfully communicate the value their business brings to the market and how they extract value from users and customers. BTW – the 2nd biggest problem is that startups try to use the same pitch when speaking to customers and when speaking to investors.

What’s the most exciting startup that you’ve seen recently – and why?

Great question. Sceenic (http://sceenic.co/) is the most exciting startup that I’ve seen lately. The thing that makes me excited is that they are solving a real problem for broadcast television – they are capitalizing on social – they are engaging using video – and they are partnering in a way that gives them access to a large audience. Did I mention they have bootstrapped themselves to get to this point and have a pilot with a major UK broadcaster? The founder is a seasoned startup guy (with one startup under his belt) and knows how to make the company work. He has all the makings for a really good growing business and future exit.

Which market sectors are over-represented by start-ups?

In the UK it’s all about AdTech and FinTech – But I wouldn’t say that they are over-represented. The sectors that are over-represented are FoodDeliveryTech, EdTech and HR Tech. We just don’t need another food delivery platform. And EdTech and HRTech are interesting markets with real problems – and little or no budget. They are unlikely to be able to build US$100M businesses.

How is fundraising in EU different from raising funds in the US?

There are a couple of key ways: 1) The US investment community is all centrally located. This results in a lot of start-ups congregating where the money is. And the money then competes for the start-ups. It’s a vicious cycle that drives up valuations and interest. 2) US Companies are happier to invest in companies who can build an audience and focus on monetization later. EU investors want to see cash flow positive in 18 months and break-even in 36 months. This means that you have to focus on revenue from day 1. 3) In the EU a failed startup in your past is a kiss-of-death. In the US it (can be) a badge of honor. It’s all about a cultural difference between EU and US. The US rewards the one who tries – even if they fail. The EU rewards the few who succeed in spite of everything.

How can corporates best support the European Startup Ecosystem?

Corporates can support the ecosystem through their own accelerator programs (as mentioned above) but they can also do a lot to support European Startups by providing open access to the company and to the teams within the company. Corporates who have quarterly events where any startup can come along and pitch to the various departments and get access to decision makers not to sell – but to get real feedback from decision makers – is hugely valuable. The corporate benefits in that they get a far better understanding of what’s going on in the market at the startup level. And startups get first-hand feedback in a non-selling environment. It’s a few hours every quarter and a small lobby full of 10-20 startups. Huge value.


Principal and Founder – Troy Norcross

This is my strategy consulting firm. I have worked in large corporations and 2 of my own startups. I have a technical background in software development and business background including operations, marketing, and sales. I have been CEO of companies and managed shareholders and I have been the chief cook and bottle washer in teams of 3. The diversity of my experiences is what makes me unique. My ability to listen and ask probing questions is what makes me effective.

Check out his LinkedIn profile HERE for more info.

Startup Business Review

Europe’s Emerging Startup Ecosystem

With some high-profile activity in Berlin – Delivery Hero’s unicorn status with $600 million of funding in 2015 alone and others – what does that mean for the European startup landscape? ​

Atomico (Niklas ​Z​ennström​’s fund) recently published an analysis of unicorns created between 2003 and 2013. There were over 150 unicorns but ‘only’ 50 or so came out of Silicon Valley.  Many came from Asia and several from Europe and other places. Silicon Valley is still the leader by far but the center of gravity is definitely moving and I think Europe has a card to play.  I’m definitely bullish on European entrepreneurs.​

Europe’s Emerging Startup Ecosystem

Recently we caught up with Startupbootcamp co-founder, Alex Farcet. And, if you know Alex – you’ll know that’s no easy task.  Alex will be joining us for Angelsbootcamp as a featured speaker.

What has been your biggest challenge with Startupbootcamp?

​Growing from one program in 2010 to ten today in 8 countries (and several more in the pipeline)​.

​whilst keeping quality high. We originally grew via an affiliation model which worked super well to go fast; however we’re now operating more and more of our own programs which allows us to build our own operating teams and further harmonize. We too are a startup and it’s a work in progress.​

What are you most proud of?

​I ran 5 Startupbootcamp programs myself between 2010 and 2014. After every program I got one or two personal notes saying “Startupbootcamp changed​ ​my life, thank you!”  There aren’t too many opportunities to directly impact people’s lives and that will get you out of bed every morning.​

What are the advantages of angels working with an accelerator?

​Qualified – and accelerated – deal flow. As a solo angel you can only meet so many startups and you have limited bandwidth in terms of supporting your investments.  To get down to ten selected teams each Startupbootcamp program will run 15 to 20 “Fast Track” events (one-day mentoring and networking events) in as many cities which allows us to meet hundreds of startups in various ecosystems. We also have scouting teams building lists of 1000+ startups per program and we’ll invite the most interesting ones to apply.  Finally, the startups that do get selected get the best possible start to their venture: access to 100+ mentors most of whom are serial entrepreneurs with a five to ten year jump in terms of experience; connections to global corporate partners (from Cisco to Airbus, MasterCard, Google, Paypal and many others); ​​and exposure to hundreds of investors at our world-class demo days.

How important are mentors?

​Mentors make the program what it is. They show their scars, share their wisdom and open up their networks.  Money is a commodity, there is plenty of it chasing a few good startups. One key connection to the right person, however, can be game changing for a startup.​

How are European Accelerators different from those in the US?

I don’t think they are, really. There’s more density and probably competition in the US but Europe already has north of 200 programs and more by some counts.  There are a number of EU funded programs and plenty of corporate programs. As with everything, quality and motivations vary. My best advice here is to connect with program alumni to hear directly about their experience.​

What’s your best advice for Demo Day?

​For startups: if you’re on (a Startupbootcamp) stage then you’re ready. Take a few moments to enjoy the achievement of getting here then get back on the horse, it’s going to be a long journey. For investors: hand out those business cards and meet the teams you were most impressed about-face to face once the excitement is over.

Would you want your son or daughter to be an entrepreneur?

Absolutely! ​To me it’s clear that the classic career is over. There are already over 23 million freelancers in Europe alone​. Another indicator is the explosion of co-working spaces and the $5B valuation of WeWork. It’s not only startups sitting there. Companies get formed and disbanded like movie crews. Instead of a script author, director and editor, you now may need an app developer, designer and business developer. You have a go a move on to the next project. We’ve seen several Startupbootcamp teams blow up only to get absorbed into other teams. Once you’ve had a taste of the freedom (and roller coaster adrenaline) it’s hard to go back. As for my kids, they’ve done plenty of hanging out at Startupbootcamp, they’ve seen demo days and met founders. I don’t need to tell them, they’ve seen it ;).

How many cities have you been in in the last six months?

Let’s see… off the top of my head: Copenhagen (where I live), Berlin, Paris, Miami, San Francisco, Istanbul, Amsterdam, ​London, Helsinki, Talinn, Stuttgart, Sevilla, Lisbon.

What can we expect next from your team?

We’re in it for the long run and our aim is to run the best global accelerator. ​More vertically focused programs in more global cities.​

​Really exploiting the incredible drive and inventiveness of all our programs and team. More partnerships with top global brands. ​And taking the lead as the most founder friendly program out there.

From – 10 Questions with Startupbootcamp’s Alex Farcet

Turkish Dragon Baybars Altuntas

EBAN Congress 2015 – Baybars Altuntas of Turkey has been awarded second time as Europe’s best individual in globally engaging the early stage investment market within the entrepreneurial ecosystem at a gathering of more than 200 high net worth individuals from across Europe and the US in Eindhoven this week.

Baybars Altuntas was one of the 150 entrepreneurs invited by President Obama for the Presidential Summit on Entrepreneurship in 2010. Altuntas was the only entrepreneur given by personal audience by President Obama before the summit at the White House.He is a very succesful entrepreneur and angel investor who set-up his 50 million dollar valued company, Deulcom International, from scratch while he was a university student. He is also one of the dragons of the Dragons’ Den, a worldwide known TV show on entrepreneurship. His best-seller book  ‘Off the Bus! Into a Supercar’ has been translated into many languages. He is an idol of university students willing to be succesful entrepreneurs in the future.

Baybars Altuntas – President TBAA – Business Angels Association – Turkey

Recently, we sat down with the Turkish Dragon for his take on angel investing, the startup ecosystem and crowdfunding. He was recognized  by EBAN – The European Trade Association of Business Angels – as 2013’s Best Individual in Europe Globally Engaging with Entrepreneurial Ecosystem.

Turkish Dragon Baybars Altuntas

Baybars Altuntas is a global entrepreneur, best-selling author, angel investor, columnist, star of the Turkish version of the television show Dragons’ Den, President of the Business Angels Association of Turkey, President of Deulcom International, Vice President of the European Trade Association for Business Angels, Seed Funds, and other Early Stage Market Players (EBAN), and the World Entrepreneurship Forum’s Ambassador to Turkey & the Balkan countries. He was recognized again by EBAN in 2014 as the Best Individual in Europe Globally Engaging with Entrepreneurial Ecosystem.

Mr. Altuntas is also the founder of Deulcom lnternational, the first vocational training school of Turkey and named by the Economist – Turkey as one of the top 100 franchise companies of Turkey. Deulcom lnternational became one of the fastest growing trademarks in Turkey and was recognized in 1997 by Eurowards as the third-fastest growing brand in Turkey only five years after he had founded the company. Founder of UFRAD – Turkish Franchise Association. Introduced lATA Educational System to Turkey. Elected as the Best Businessman – 2010. Was one of the 150 entrepreneurs invited by US President Barack Obama to the White House Presidential Summit in Washington DC. He was the only participant who was given a personal audience by the US President before his summit. After the US President’s speech, CNN International interviewed Baybars Altuntas live at its Washington studios the only delegate interviewed.

One of the dragons of Dragons’ Den – Turkey, entrepreneurship TV show. His book ‘My way to Dragons’ Den’ has still been the best-seller in Turkey. His company Links Angel BAN is acting as a business angel platform supporting start-up businesses in Turkey. President of TBAA – Business Angels Association of Turkey. Board member of EBAN – The European Trade Association for Business Angels, Seed Funds, and Early Stage Market Players. Board member of WBAA – World Business Angels Association.

How did you get into angel investing?

I was invited to become involved Dragon’s Den (European version of Shark’s Tank). Through  that process I realized I was an Angel investor.  As a result of being on the show, I became a celebrity in Turkey and the go to guy for Angel investing.  I receive 50 or more business plans a day.  To handle the opportunities, I created Links Angel BAN with funding from 30 Turkish investors.  Our primary investment focus is IT and mobile.  I am now president of TBAA – Business Angels Association of Turkey and Vice President of EBAN. I am also the Coordinator of European Business Angels Week.

Turkey start up scene

Turkey passed a law recognizing accredited angels and providing tax credits and incentives.  This created about 250 accredited angels and 10 new angel networks.  To learn more – The Opportunities Behind Angel Investments in Turkey.

Most of the startup activity is centered around IT, Mobile and eCommerce.

Of course, we have not begun to see any significant exits. In Turkey, we have created liquidating events up to 1 million USD with Istanbul Stock Exchange Market.  This is result of the work done by EBAN in creating the Startup Investors’ Manifesto (in particular the 4th section) and will be introduced on December 15th at the 1st European Business Angels Investment Forum in Istanbul.

What is Crowds’ Den?

Crowds’ Den is a live event to support startups. I created this idea and World Entrepreneurship Forum took this into their upcoming agenda in Lyon. It is an event where startups will be funded online by crowdfunding technique.

I am excited that we will be announcing Crowds Den at the World Entrepreneur Forum –  Entrepreneurship 3.0: Unlimited Opportunities.  The Forum’s 7th edition will take place in Lyon, France, on October 19th-22nd, 2014 and will revolve around Entrepreneurship 3.0: Unlimited Opportunities.  I am not just the creator of the idea and format but also I have been one of the panelists of the event.

What do you think of Crowdfunding for early stage capital?

We all know that the first thing angels want to see is a demo/product.  Producing the demo has a cost, and not all entrepreneurs have the finances to fund the demo.  I believe crowdfunding will fill this gap providing up to 25K to help businesses through the initial development stage.

What do you wish you knew when you started as an Angel.

In the beginning, I tried to understand if the business model and plan were compelling.  But it turns out that was really was all about the entrepreneur.  Angels invest in the founder’s ability to attract a team that can execute the business model.

What do you look for in a startup?

When I meet a new company, I want to see the demo first. If there is no demo, then you better be able convince me you have a viable business model.  The business model is more important than the business plan. Anyone can write a plan, but we really want to know how we are going to make money.

What is the worst thing someone can do when they are pitching you?

Entrepreneurs forget angels are human beings.  They try to tell us our job. They try to dominate the conversation, correct assumptions and such.  This shows me they are not open to suggestions and we won’t be able to work together to create value.

Do you only invest in Turkey?

Cross border investing is challenging, We can’t do it alone, so we participate with local business angel networks and syndications.

To learn more –

His blog for global angel investors: http://www.baybarsaltuntasnotes.com

His blog for Turkish entrepreneurs: http://www.baybarsaltuntastips.com

Turkish Dragon Baybars Altuntas


Our interview with Baybars Altuntas – President TBAA – Business Angels Association – Turkey & Vice President of EBAN is part of an ongoing series by Angelsbootcamp focusing on Angel investment and the Start Up ecosystem.  Angelsbootcamp is a Startupbootcamp initiative to train Angels across Europe and beyond…

 

Point Nine Capital Berlin Seed Investments

Recently, we sat down with Nicolas Wittenborn of Point Nine Capital in Berlin.

First joining the Team Europe Seed Fund as an intern in early 2011, Nicolas came back to work as a full-time associate for Point Nine Capital after graduating from the University of Mannheim in 2012.

Having lived in New York and Singapore and gathering first work experience in real estate management and marketing, he moved back to Berlin to be closer to the lively start-up scene and pursue his passion for young technology ventures.

Point Nine Capital is a €40m euro fund, with an average investment over the life of a deal around 1.0 million, with an anticipated portfolio of 40 deals.  These are seed round investments between 100k-1m €,  averaging around 500k and around half of the fund reserved for follow-on rounds.

Point Nine Capital Berlin Seed Investments

Where is the fund in the 40 investments?

I think we are at about half of the planned investments, so will be investing out of this fund for a while longer.

Does Point Nine take a board seat(s)?

In general we don’t insist on it, but do it if the entrepreneurs wants us to. In Europe the board is not as powerful as in the US. Therefore it is a lot less structured or relevant over here. In general the board here acts as advisers, not directors.  Our hypothesis is that the founder should be in control and we are there to support him/her and give some direction. Therefore taking control with a board seat is secondary for us.

What sectors does Point Nine invest in?

Out of the current fund around 60-70% of our investment have gone into SaaS companies. While this is our focus, we also invest in marketplaces, networks and some mobile & eCommerce.

How often do you get unsolicited business plans, and is this the real way to capture your attention?

We receive between 150-200 inquiries per month. These come from all over the world but mainly from Europe and North America. It is important to us that we get back to all of them, so we do have a look and try to respond in a reasonable time.

Of course, we are a small team and have to prioritize, so leads coming through our network are generally screened first. We try to get back to everybody that sends us something that is not spam though.

What is the best way to get your startup company noticed by an investor? 

Try to get an in through one of the entrepreneurs we have worked with before is always a good strategy. If you can convince one of them to vouch for you, it is a positive signal.

But we are also spending time on conferences and are approachable per email. What’s important to us is the context – So if you approach us, no matter which way, it is always good to see that you know who you are talking to and that you are not just distributing blind, generic emails.

In practice that means that you can refer to one of our blog posts, or recent investments and show us how what you are doing is relevant to our investment focus.

What makes a start-up are attractive to an investor?

What you will always hear is a strong founding team. Besides that I think momentum is really important. That doesn’t have to mean to insane traction or high revenues early on, but just a sense of urgency. You can tell the teams that are hustling to move their startup forward step-after-step to achieve their goal apart from those that are just trying to be part of the gold rush.

Start-ups get caught up in the game, what are the buzz words you are tired of hearing?

Good question. Going through a dozen business plans again today, some buzzwords I am tired off: Rockstar-This, Ninja-That & Inherent Virality (that’s not there).

Any deal killers?

A clear red flag is if you get the feeling that the founders aren’t trustworthy. That can take the form of severe overselling or working on other deals behind your back. If we get the feeling that the founders won’t be transparent in good and bad times, we chose not to work with them. After all we will be in a “relationship” for 5, maybe 10 years. We want to make sure that there is a foundation here that we can build on.

Silicon Allee is hot, there a lot of attention, money, incubators – how does this impact the start up scene and investments?

It’s really good for Berlin. The hype has been going on for a while and we yet have to see some significant exits. But really good US investors (Sequoia, Benchmark, USV) are starting to notice Berlin and that has a positive effect.

For start-ups that means more access to capital, but also more access to talent. Berlin is still relatively cheap to live in and because of its diversity it attracts a lot of international people. Start-ups can find very good coding talent for a fraction of what it costs in the US, but the platform they build on is still the same: The internet. So they can in theory achieve the same growth.

I’m a bit more skeptical about the incubators & accelerators popping up. Of course I’m happy about everything that boosts the ecosystem, but I am not sure there is enough substance yet to justify the amount of new players.

The exits are always the criticism when it comes to Berlin, how important are they to solidifying Berlin as a true start up hub?

I think they are very important. Hype can only carry it so far. One of the things missing in my opinion are the 2nd generation of entrepreneurs that come out of the first real success stories. Once we have a few of these, there will be tons of early employees that are (hopefully) rich. And these are people who know how to get it done.

I’m speaking about the ones that joined the companies early on and grew with it. They have the tools to get something going. And after an exit also the resources. I think this will spawn a new generation of start-ups with big potential.  They might not have been the founders of the first tech company they worked for, but want to do it themselves after they have seen it happen once.

What is the best piece of advice you’ve ever received?

Do what you are passionate for.  It’s a bit predictable, but true. If you really burn for your work, people around you will catch fire as well.  And in most cases you need to convince somebody, be it an investor, partner, entrepreneur or an early adopter of your product.

Point Nine Capital Berlin Seed Investments

Angel Investment Track How to Web 2014

Heading off to Bucharest in November to moderate the Angel Investment Track at the How to Web Conference.

The How to Web’s Angel Investment track is co-curated by Angelsbootcamp. Its Program Director, Mike Doherty, will moderate a panel talk with George Lemnaru and Malin Stefanescu, sharing his expertise gathered from working with angel investors from all over Europe.

Learning together how to better support early-stage startups

Angel Investment Track How to Web 2014

Angel investors are the people with financial resources that can boost a startup in return for a small equity. But often so do the accelerators. So that’s why it’s essential to get together and discuss key issues such as:

  • how the scouting process for investment opportunities works

  • how to approach the due-diligence process

  • how to make sure your investment is well managed

  • types of investments in early-stage startups

  • angel investors working with each other and with accelerators and more.

Angel Investors are well aware of high risk. They know that 9 out of 10 business ideas often fail, so they scout all the time, are present at events like How to Web Startup Spotlight, around accelerators and dedicated events like tech angels meetings, they are open to direct contact and always keep track of recommendations.


How to Web aims to support Eastern Europe’s grounbreaking tech experts into becoming web trendsetters.

How To Web realized the great technical potential that Eastern Europe holds, a lot of it being used in the present in the outsourcing industry. Therefore we decided to value this great potential and to inspire and support local startups into developing the next world-changing, innovative web products.

Our main event is the How to Web Conference, organized once a year in Bucharest, Romania. The How to Web conference reunites hundreds of entrepreneurs and tech professionals with great speakers and investors from Europe and beyond. Our main concern is bringing people whose experience is relevant to the EE scene, people who can bring true value to the local ecosystem.

Rainmaking Loft welcomes Angelsbootcamp

We are pretty excited to be heading off to London in two weeks for the next installment of Angelsbootcamp. In London, our host is the Rainmaking Loft.

Startupbootcamp Berlin has announced its third Angelsbootcamp September 29 & 30 at The Rainmaking Loft, London. Participants will join angels from around the world for an intense two days of interactive investing sessions run by seasoned veterans and industry insiders. The event culminates with hands-on start-up pitch sessions and applied evaluation discussions.

There are about 300,000 active business angels in Europe, but an estimated three million people with the means to be angels” says Angelsbootcamp founder Alex Farcet. “Crowdfunding platforms are taking off and activating a new generation of investors.

Investing in tech startups, and making it work over the long term, takes knowledge and experience. Our objective with Angelsbootcamp is to encourage would-be angel investors with a two-day crash course on the fundamentals of angel investment so that European tech startups can tap into a new class of skilled investors.

Angelsbootcamp participants learn through shared stories of success and failure. Battle scars will be revealed in a judgment-free and supportive environment. Connections will be made with other angels, many of which will continue to network and syndicate far after the event has completed.

Rainmaking Loft welcomes Angelsbootcamp

 

Recently, we had the opportunity to catch up with Oli Johnson, Co-Founder of and .

Many co-working spaces are springing up across Europe, what makes the Rainmaking Loft different? 

The founding principle of Rainmaking Loft was to provide our members with a collaborative and inspiring working environment as well as a diverse and welcoming community. 

There’s plenty of serviced office providers making healthy profits siloing companies in private offices or cubicles. This makes sense for some companies, however we had seen first hand how putting startups into the same space can have an incredibly positive effect. The startups in the Lofts are solving very different problems, however, they need to navigate a lot of the same hurdles. Things like, VAT, accounting, legals, payment solutions etc. By working in close proximity to each other, the startups can, for the cost of a latte, sort out complex issues in hours rather than days.

Having an open environment isn’t enough though. The personalities of the teams that occupy the space matters a lot as well. We have been very selective from the outset. For example, we only take on teams (as individuals are often not as forthcoming and open), that we like (as bad apples can easily spoil the pie) and that are working on inspiring things (as this elevates the standard for everyone in the Loft).

As for the community, we spend a lot of time and energy trying to create a space that our members want to not only work in, but socialize and have fun in as well. We invite our members to Wednesday breakfasts, Thursday movies and Friday beers. We organize various competitive events like The People’s Ping Pong Tournament, Mario Kart Races and more. We also have many learning events and networking opportunities and Loft Connections is an internal event designed to get members to help each others. Importantly, we celebrate each others’ milestones!

Lately we have been working on setting up a few clubs as well (we already have a techies club and a run club). 

What makes London an unique startup hub?

Europe has a few technology clusters, with more popping up at an increasing pace. Two of the bigger ones are London and Berlin. Ultimately we wanted to have a presence in both these cities and London seemed like a great starting point. And it has more than met expectations!

A lot of things contribute. Language, market size, government support, access to funding, transportation links etc. etc. The people that make up the London tech scene are the main reason for its success. They truly are a hodgepodge of creative, development and business talent.

Finally, London is best in class in many industries – retail and finance, just to name a couple – and is therefore in a perfect position to bring technological advancements into those sectors. 

The Rainmaking Loft is situated in two of Europe’s hottest startup sectors – Berlin and London. Can we expect more cities? 

Well, we’re opening Copenhagen soon. Beyond that, we’re keeping our options open. We have had interest from ranging San Francisco to Singapore. From Reykjavik to Cape Town. At the moment we have our hands full with London and Berlin and opening Copenhagen, but I wouldn’t rule out other cities in the future. Personally, I relish the chance to build bridges between startups and entrepreneurs in different corners of the world. 

Tell us about the startups. What stage and industries do you like to work with?

There isn’t a single dominant sector at the Loft. Most of the teams are internet/mobile startups and early stage. The teams hail from all corners of the world. Last time we checked there were 35 different nationalities in the Loft – which was very evident during the World Cup and the friendly rivalries that took place during those 4 weeks.

Can you tell us about Tesco and why you chose them as partner? 

Tesco has been a fantastic supporter of Rainmaking Loft from the beginning. We knew we wanted a partner that shared our vision about collaboration and community and our excitement for the opportunities in tech. Tesco certainly does that!

The Tesco support directly translates into lower prices (and more freebies) for our members, helping them at a crucial point in their lives. Funnily enough, Tesco opened a store in the same building a few months after we moved in, so some of their subsidies probably recycle into Tesco groceries. I hear plans for opening that store had been around well before we moved in though!

Finally, Tesco has shown great interest in meeting with our members, learning about what they’re working on and exploring avenues of collaboration as well. 

Tell us about the Arcade Gaming Themed Meeting Rooms. 

They’re absolutely essential! We brainstormed a few different themes and settled on this one. For me, the theme highlights the geek within all of us.

Our vision is that all Rainmaking Lofts should be built on the same principles of community and collaboration. That said, a Rainmaking Loft in one city can (and should) look and feel very different from a Rainmaking Loft in another city. Berlin Loft has meeting rooms named after Berlin nightclubs, for example.

Where can we learn more? 

Our website (www.rainmakingloft.com) and our Facebook (RainmakingLoft) and Twitter (@RainmakingLoft) pages are good places to start.

Rainmaking Loft welcomes Angelsbootcamp

  • Angelsbootcamp Goes to London
  • Angelsbootcamp London Announces Speakers
  • Understanding Early Stage Funding

Angel Investors head to London

As Angelsbootcamp heads to London, we are excited to announce a premier line up of speakers dedicated to sharing their knowledge to the Angel community.

Startupbootcamp Berlin has announced its third Angelsbootcamp September 29 & 30 at The Rainmaking Loft, London. Participants will join angels from around the world for an intense two days of interactive investing sessions run by seasoned veterans and industry insiders. The event culminates with hands-on start-up pitch sessions and applied evaluation discussions.

Startupbootcamp Berlin is pleased to announce that joining the third Angelsbootcamp are partners EIT ICT Labs, Imperial College, Technical University of Berlin (TU Berlin) and media.net.

Angel Investors head to London

Partner at Lean Investments:
Tim Jackson

Founded online auction site QXL, which went public in 1999 and later sold for €1.1 billion. He makes investments in early-stage Internet and mobile businesses and sits on the boards of a number of private companies. LinkedIn

Angel & VC:
Hussein Kanji

Angel investor and advisor in London. Former Venture Consultant with Accel Partners and Product Manager at Microsoft. Focus on software-driven companies (internet and mobile). Hoxton Ventures, eStylista LinkedInLinkedIn

Serial Entrepreneur & Angel:
Arican Wegter

Founded and grown successful venture capital fueled technology business to the €50M turnover mark. Visiting lecturer on business development and internationalization at EPFL | École Polytechnique Fédérale de Lausanne. LinkedIn

Angel Investor

Jeremy Yap

Founder AngelLab

Full time investor with 25+ angel investments globally across London, Singapore, the US and Tel Aviv. Focus on data-driven technologies and consumer internet and mobile. Formerly an equity derivative trader at Merrill Lynch.  AngelList

More speakers to be confirmed, stay tuned….

 


Partnering with Angelsbootcamp has many benefits. If you run an angel network or offer other special services for business angels, we can arrange significant discounts on our programs for your members/clients. Get in touch for details!

Angelsbootcamp is a Startupbootcamp initiative to train Angels across Europe and beyond…

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