?? Decoding the VC Mindset & Finding the Perfect Match: Insights from the bath ??

?? Empowering the Next Generation of Innovators in Ireland

Last week, I had the incredible opportunity to visit Ormeau Labs ??, a thriving startup hub in Belfast. A huge thank you ?? to the team for providing me with the chance to meet and speak with the innovative startup community about enabling next generation of innovation on the island of Ireland ??.

During the event, I attended a panel discussion featuring representatives from three prominent venture capital (VC) funds ?? ( Barry Brennan ?? , Henrik Wetter Sanchez & Seb Wallace ). They shared invaluable insights into what they look for in early-stage founders when investing ?? and offered advice on how founders can choose the ideal VC partner ??.

?? Key VC Insights for Early-Stage Founders

1. Vision and passion: Clearly articulate your startup's purpose and goals to potential investors ??.

2. Resilience and adaptability: Show your ability to learn from setbacks and adjust your strategy when faced with challenges ??.

3. Market opportunity and traction: Address a significant market need and provide evidence of your startup's momentum ??.

4. Complementary team skills: Assemble a diverse founding team with a variety of skill sets and expertise ?? ???? ??.

5. Clear path to monetization: Understand your target market and present a solid business model that demonstrates scalability and profitability ??.

?? Choosing the Ideal VC for Your Startup

1. Industry expertise and focus: Look for a VC firm with a strong track record in your specific industry or market sector ??.

2. Investment stage and size: Identify a VC firm that aligns with your startup's current stage and growth plans ??.

3. Portfolio synergies: Examine the VC firm's existing portfolio to identify potential synergies and avoid conflicts of interest ??.

4. Network and connections: Consider the strength and relevance of the VC's network to your industry, as these connections can significantly accelerate your startup's growth ??.

5. Founder-friendly culture and support: Look for a VC firm that shares your vision and values, and is committed to helping you achieve your goals ??.

In conclusion, it seemed crucial for founders to understand what VC firms look for in early-stage startups and carefully assess potential VC partners, keeping in mind that they are investing in your company. By focusing on honing the key attributes that attract VC investment and selecting a VC firm that aligns with your startup's needs, you can secure the necessary funding and support to scale your business and achieve your vision ??.

Once again, a huge thank you to Ormeau Baths for providing the platform to engage with the vibrant startup community in Belfast ??. It's exciting to witness the innovation and growth happening on the island of Ireland??.