-”Ok, we agree, let’s try innovation. We’ll start slow, with 2 or 4 startups and see what happens”. I have heard this often enough. It seems a logical thing to do, try something first. The problem lies in the fact that people often forget that investing in ideas is, and always will be, a betting game. So the chances of these two or four startups becoming a success are slim considering the odds of 2 out of 10 will make it big.
“-Can you tell me what you would look for in a startup so I can properly build my MVP?” I am at a Meetup where investors (VC’s mostly) sit around the table with Saas startups. Others are nodding at this question, it is the thing they want to know as well. “-So what do you […]
Photo credits; Marcos Ojeda As we have mentioned before, one of the beliefs in our investment thesis is: “The time of the unicorn is over. We need revenue-driven and problem-solving startups.” Why is this such an important part of our thesis? The system as it is right now, we feel, is broken. VC’s are steering startups […]
At NEXT Amsterdam we believe in helping others. Not only startup founders but also our fellow (informal) investors. That is why we are sharing our knowledge and experience in a series of blog posts about how and why we invest. Two weeks ago we wrote about the investment thesis as the basis of every investment […]
This is Part 2 of our Investing series. There is often a lot of debate about choices investors make. “Why on earth did Investor X invest in Startup Y?” As an investor, you have to make bold choices. Every investment should have the potential to become really big, otherwise, you will never make up for […]