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cc by/2.0/ http://www.flickr.com/photos/epsos/
Christian Wolf, Startup Camp Berlin, March 2015
How to make your first time...
photography by http://christinefiedler.de/
Involved in 4 startups since 2007
Founded
in 2008
> 10 m EUR Venture Capital ra...
So you‘re thinking about
raising money?
Raising money is not a
sign of success,
it is a necessary evil!
With some benefits to it,
if you do it right.
Make it work for you.
But how?
Make a plan with
the end in mind:
Plan your dilution over multiple stages
Include all sources of money in your strategy
Ge...
Execute for minimum
distraction:
Be fast
Have tight project management
Follow up
Focus, close in < 6 months
cc by/2.0/ htt...
Choose your partners wisely.
Get the best deal:
Make your comps
Make sure you have time to negotiate,
no pressure
Have a B...
Don’t end up paying 25%
transaction cost:
Aim for detailed term sheets
Commit investor to caps on legal fees,
and to keep ...
After?
Catch your breath
Celebrate
Get back to work
Real success is
making your
business take off!
cc by/2.0/ https://www.flickr.com/photos/89228431@N06/
Thinking about raising money? Talk to me.
Christian Wolf
CEO, nu technologies gmbh
chris@nu-tech.de
@nu_technologies
www.n...
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201503 startup camp berlin 2015 how to make your first time a pleasant experience wol pub

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Christian Wolf, founder of wirkaufens.de on making fundraising smooth and less painful for first time entrepreneurs.

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201503 startup camp berlin 2015 how to make your first time a pleasant experience wol pub

  1. 1. cc by/2.0/ http://www.flickr.com/photos/epsos/ Christian Wolf, Startup Camp Berlin, March 2015 How to make your first time a pleasant experience Lessons learned for making funding rounds smooth and less painful
  2. 2. photography by http://christinefiedler.de/ Involved in 4 startups since 2007 Founded in 2008 > 10 m EUR Venture Capital raised to date
  3. 3. So you‘re thinking about raising money?
  4. 4. Raising money is not a sign of success, it is a necessary evil!
  5. 5. With some benefits to it, if you do it right.
  6. 6. Make it work for you. But how?
  7. 7. Make a plan with the end in mind: Plan your dilution over multiple stages Include all sources of money in your strategy Get comfortable with “sharing” control Remember, that VC is an addictive drug and your dealer wants you hooked cc by/2.0/ https://www.flickr.com/photos/opensourceway
  8. 8. Execute for minimum distraction: Be fast Have tight project management Follow up Focus, close in < 6 months cc by/2.0/ https://www.flickr.com/photos/nathanbittinger/
  9. 9. Choose your partners wisely. Get the best deal: Make your comps Make sure you have time to negotiate, no pressure Have a BATNA, at least be ready to walk away from a bad deal, let them know you will Make them horny cc by/2.0/ https://www.flickr.com/photos/snapr
  10. 10. Don’t end up paying 25% transaction cost: Aim for detailed term sheets Commit investor to caps on legal fees, and to keep his lawyer on a tight leash Never leave lawyers without supervision, attend every call Learn the legalese cc by/2.0/ http://www.flickr.com/photos/buddawiggi/
  11. 11. After? Catch your breath Celebrate Get back to work
  12. 12. Real success is making your business take off! cc by/2.0/ https://www.flickr.com/photos/89228431@N06/
  13. 13. Thinking about raising money? Talk to me. Christian Wolf CEO, nu technologies gmbh chris@nu-tech.de @nu_technologies www.nu-technologies.de

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