Investment
Strategy
For transparency, below is our high-level investment strategy.
This approach describes our key considerations when reviewing investment opportunities.
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We invest cash funding, product development resources, and technical leadership into early-stage SaaS startups.
We have documented our high-level investment strategy in order to provide transparency into our investment review process.
Our typical investment is between €50,000 to €250,000, into companies with less than €1,000 monthly recurring revenue (MRR).
Investment Scenarios
Cash
Investment
UX
Design Fund
CTO
Advisory Fund
Fractional
CTO Fund
Product
Development Fund
Combination
of 1 thru 5
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Coins, tokens, SAFT (Simple Agreement for Future Token)
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Business models based on crypto mining, issuing tokens, NFTs, e-sports, marijuana, gambling, gray legal areas, illegal products or services, or gaming
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Startup has no full-time founders
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Startup is not building any proprietary tech
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Tech is not a critical component to the success of the startup
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Team not physically located and registered in one of these areas: North America, UK, Israel, or certain Western European countries
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Non-SaaS models
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Founders running multiple companies and not fully focused on startup
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Funding round size greater than €250,000
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Minimum check size greater than €50,000
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Valuation/cap greater than €3,000,000
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Previously raised more than €750,000 of outside investment
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MRR > €15,000
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Broken cap tables
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Cap tables with much dead equity
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Founder/CEO has no past business or startup experience
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Only B2C focus. Our preference is generally B2B.
Key investment evaluation criteria
- Leadership Capabilities
- Business Model
- Monthly Recurring Revenue (MRR)
- Traction
- Valuation
- Subject Matter Expertise
- Acquisition Costs
- Monetization Strategy
- Past Successes
- Sales/Marketing/Customer Acquisition capabilities
- Revenue Retention
- Competitive Advantages
- Intellectual Property
- Market Potential
- Team
How we invest
Below are methods we use to invest, in order of preference.