We love pre-seed stage investing in Europe and we are going to do everything we can to support it.
As John, We believe pre-seed and seed-stage investors are making an enormous difference. We, at id4 ventures
, strongly believe that early stage is the most gratifying stage financially and on a personal level. We are not alone, we see great micro and seed funds emerging across Europe. We want to do more to support pre-seed investment in Europe.
For those reasons, we have decided to commit more of our resources not only to early-stage investing via id4 directly but also via other funds. We have finalized our first fund investment that will be announced soon and another one is work in progress. Stay tuned.
Why also investing in angel funds? Because we believe to do a great job as pre-seed stage investors, you need to provide not only money but also localized advice, connections, support notably in talent acquisition and business development, etc. Nobody can be good at everything everywhere.
So we decided to restrict our angel investments as lead only to France and invest via angel funds sharing our values in other parts of Europe.
We also believe those funds investments we will help us learn faster by sharing experiences across angel funds and develop our network across borders to better support our portfolio companies and be the point of contact in France for companies of counterpart funds.
We are super enthusiastic to collaborate with other micro funds.
Vive the European micro fund’s community.
(This article is available on medium here
Also in this newsletter:
Importance of early sustainability, unlimited runway and freedom to pivot
from Enis Hulli at 500 startups in Istanbul. Interesting points made, but we like to add a comment to the article : if you aim at a big disruption that requires a lot of R&D or large pool of users, you might not be able to afford early sustainability but still you need to provide some money for pivots ( yes an “s “at pivot ) because things aren’t going according to plan are a certainty.
Enjoy your week.