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We’ve made it clear here on the Business Beat just how important angel funding is to any startupecosystem. You see, no matter how good your startup concept is, many of these startups just can’t get off the ground without acquiring outside funding – obtaining a bank loan to finance your startup?
I’m inspired by the enthusiasm of the young, emerging startupecosystem that is here. I prefer not to do any angelinvestments because I focus on my VC funds but it was gratifying to write some small checks to support local teams. Perhaps somebody needs to organize it a bit better to go into more angel deals.
So to find out what the startup scene in Wroclaw looks like, we spoke with local six investors, executives and founders. The country’s capital Warsaw has an angelinvestment scene, but founders instead often look to Germany for smaller investments because “the distance from Wroc?aw What does it lack?
We support and foster the creation of solutions, teams, and environments that are striving towards sustainable change. One of them are the WE Angels , leaders and mentors who represent the very backbone of our business and support us in goals such as achieving a zero-waste mindset of circular economy.
The busy year started off when leadership met with SEC Commissioner Hester Peirce to discuss the accredited investor definition, QSBS and how to build a more successful startupecosystem. This letter emphasized how important patents are to startup companies. Another main policy priority is to push for QSBS-Sec.
Angelinvesting in tech startups is a gut wrenching and risky business. Most of them lose, but sometimes you invest in a “unicorn” and make 100 times your money or even more. It has never been easier to start a company, but it has never been harder to build a sustainable business.
From an investor’s perspective, 2022 witnessed a sudden market reversal from an extreme equity seller’s market to an equity buyer’s market, causing dislocations throughout angel, VC, and startupecosystems. The investor exit calculus increasingly includes expectations about exit sustainability. We Warned You!
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