Our process
01 Inbound/Outbound
We either receive pitch decks or we proactively look for opportunities. Once we see a company that fits with our investment criteria, we continue to stage 2. (Btw we really like referrals from other entrepreneurs).
02 The analysis process starts
A team member takes the lead and starts analysing the company with a high level approach (mainly market, product, team, strategy). If considered appropriate, a meeting with the entrepreneur is scheduled.
03 Team meeting/s
Team meet-up and comments/opinions on the company are shared. If the outcome of the discussion is positive, the analysis continues. If not, we quickly contact the entrepreneur to communicate the decision.
04 In-depth analysis
Assuming we continue with the process, we carry out an in-depth analysis on the company: market, competitive dynamics, strategy, business model, metrics, financials, etc. This implies many emails, calls and meetings with the founders&team. The out come of this stage is again binary: we decide to send a non-binding term sheet or we decide not to invest.
05 InvestmentCommittee
If we have sent a term sheet, the next step would be to present the investment opportunity to our monthly Investment Committee which will take the final decision. We always send the term sheet subject to the decision of our Committee.
06 Due Diligence and Legal work
Once we have the OK from our investment committee, we start the Due Diligence and the preparation of all the legal documents to accomplish the investment.
