Acquire investment basics
When going for investment, you want to give it your best shot. While each investor is unique and may have specific demands, there are many things you should know off the top of your head. Be smart and research these key details upfront. Know which are the tricky ones and learn how not to get stuck. Learn what makes a valuation reasonable. Acquire the investment basics upfront and be prepared for common questions.
Get an overview of the options for funding
Depending on the type of your business, its size and the industry you are in, there may be one or more funding options to consider. Discuss them with Christian and find out what fits you best. Many entrepreneurs get over excited in their first investor meeting and fail to understand the long term impact and structure of an investment. Explore the financial side of your business and figure out how to find the optimal balance between your interests and those of your investor.
Know how to evaluate potential partners
When choosing your funding partners, you might want to consider a variety of factors. When considering business angels, you should figure out if they prefer to stay hands-off or incorporate their own time and experience in your business. Take your business needs and personal working style into account. Venture capitalists on the other hand are often hands-on and require some control over your company. A relationship with a VC is almost like a marriage, so put in just as much thought. Learn what the key aspects of a healthy relationship are and how to build mutual trust.
What do I need to get the most out of this package?
- You know the current financial structure of your business.
- You know the traits of your team and the potential need for extra expertise.
- You have an idea of how much money you require, over what period and what will you be using it for.
- It helps to have evaluated some options (friends, family), existing networks (business angels) and know some of the VCs that may be suitable.
Included minutes: 40
Christian is an Investment Manager at hub:raum Berlin. His responsibilities are identifying and selecting the best startups to join the Incubator and helping the portfolio teams to grow their business and achieve further financing.
Christian founded a consulting and marketing agency, was co-founder of careertraining and invested in several internet startups. He holds a graduate degree in business administration with a major in innovation and international management and worked in DAX 30 corporate groups and management consultancies.
Christian gained international work experience in places like Hong Kong and Indonesia. Christian is a frenetic founder, enjoys good espresso, loves to drive fast cars and spoiling his friends with home-made meals.
Christian is a sought after mentor for a number of initiatives such as the Academy for Corporate Entrepreneurship.
Christian is experienced at: Go to Market Strategies, Investments, Corporate Venturing
Other focus areas: Education, Health, Mobility
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