Teh Startup Day 2016 - Funding: spinning the wheel of fortune- Bart Van Der Roost- Neoscores
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Transcript of Teh Startup Day 2016 - Funding: spinning the wheel of fortune- Bart Van Der Roost- Neoscores
Tech Startup Day - the road to fundinghow neoScores went from 3 guys in a bar to a ‘real’ company and what are lessons learned are
What is neoScoresor… what is Gustaf?
our road to Series A fundingit seems like a road now
What we thought we had to doBeing naive doesn’t hurt
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OWN25 K CUSTOMERSBANK
25 K
What we didThe load is long and our legs are weary
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OWN25 K
CUSTOMERS
FFF120 K
SUBSIDY185 K
SEED FUNDING120 K
BANK100 KVC
1,9 M
CROWD100 K
+
Are we there yet?
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So, still into fundraising?You can leave now if you want.
There is only 1 reason to go for VC-fundingall others… go for
You are a ‘real’ startupby the definition of our next president Omar Mohout
A startup creates and commercializes a proprietary product that rapidly scales to
global proportions without linear dependence on human capital
and you have really no other option to get money on your bank account
So, still into fundraising?You can leave now if you want.
Let’s help.Lessons learned. For what it’s worth. #payitforward
Invest in lines, not dotsMark Suster, VC Upfront Ventures
Tip 1
Some VC’s are human too, make friends with them
Bart Van der Roost, CEO neoScores
Tip 2
Be prepared!
Tip 3
Tip 3
Tip 3
Tip 4
Follow your marketEurope is the least you can do
Tip 5
Get in touch
Look for help
Startups.be, Innovatiecentrum, iMinds, startit@KBC, …
Ask your questions, hunt the VC’s
www.bva.be
www.investeurope.eu
Drop me a line
[email protected] - @Bart_VdR
NEOSCORES TECH STARTUP DAY 23
And remember...
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