August 24, 2018

1on1 - VC math

Let´s talk about VC math. I recently wrote about startup valuations — this is the follow-on as promised. The topic can be quite complex but every entrepreneur consider raising money from the VC´s should understand the basics. Why? Because it will be easier for you to understand how and why VC´s work the way they do. So here goes…

August 10, 2018

Your Startup is NOT Worth 10M€

As a VC, I often get asked about valuation of startups. It is also a topic that we @ Superhero frequently end up discussing with entrepreneurs. But is it so important? It kind of is. Those who have studied in business school are well aware of different valuation models like discounted cashflow (dcf), dividend discount (ddm) and comparative models (cm) to name a few. However, these models do not usually work with startups.

May 11, 2018

Investor Readiness – Do´s And Dont´s

So you are an entrepreneur and want to get funded by angels or VC´s. Sounds straightforward. Except that it is not. As a VC, I see hundreds of teams every year and only a handful of them truly understand what it means to be ready for investment. I thought I would share some light into this complex issue from the VC perspective. I hope anyone who reads this would do the same. So here we go…