On 19.11.2017 South Poland Cleantech Cluster organized in the scope of NordicHouse Café another networking meeting for start-ups “How to negotiate with institutional investors – Venture Capital (VC)?”
During the activity of most startups there is a moment in which the so-called bootstrapping, development based on your own financial resources becomes no longer sufficient to effectively grow your business. There is a need for external financing. The type of funding often chosen by start-ups is cooperation with one of the venture capital funds (VC). The undoubted advantages of this type of financing are primarily the development of start-ups without debt, and the ability to use the knowledge and business experience of the VC’s representatives. The most serious disadvantage is partial loss of startup control. You learned about the pros and cons of working with VC funds during our networking meeting.
The participants of the meeting learned what Venture Capital funds are, how they function, how they negotiate with start-ups. Marek Kapturkiewicz, one of the most experienced investors in Poland, gave many comments and information, which he normally does not share with outsiders. It was worth listening to.
Special guest: Marek Kapturkiewicz, co-founder & partner at Innovation Nest (VC fund), co-founder of SPIN Entrepreneurship School
