May 29, 2019

The real reasons VCs told you no

A considerable part of a VCs job is to say no every day. I think all entrepreneurs agree that very few VCs are great at it while most could use improvement. Let's elaborate on some of the reasons that aren't said out loud.

March 18, 2019

4 Levels of Superhero Analytics

Data is not enough, and in itself, is useless to startups on the road to product-market fit. Actionable insight - pieces of information that give us direction and validation in our decision-making - is how one startup is able to run faster than others.

February 6, 2019

The elusive product-market fit

It’s insight — not data — that makes the difference. There are probably as many definitions to product-market fit as there are entrepreneurs, and the purpose of this post is not to define it but rather give some thoughs as to how we approach it when talking to founders here at Superhero Capital.

November 12, 2018

So You Want To Be A Superhero?

Superheroes are awesome. As kids, most of us have entertained the thought of being a Superhero — to have a superpower and save the world. To us at Superhero Capital, entrepreneurs are the real Superheroes. Everything you see around us is built by entrepreneurs. Whatever device you’re reading this from, it’s because of an entrepreneur. That’s why we are to entrepreneurs what Alfred is to Batman; the help from behind the scenes.

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…