2. HELLAS DIRECT: OUR STORY
¡ A NEW, DIRECT INSURANCE COMPANY IN GREECE.
¡ “CHANGING THE GREEK INSURANCE MARKET, ONE POLICY AT A TIME”.
¡ WE ARE
HIGHLY SPECIALISED.
¡ WE LIVE AND BREATHE
¡ WE LOVE
TECHNOLOGY.
NUMBERS.
¡ WE SERVICE THE CONSUMER, NOT THE BROKER!
¡ 25 PEOPLE IN 3 COUNTRIES.
¡ A LONG JOURNEY: 3 YEARS FROM START TO OUR FIRST SALE.
¡ RAISED EUR 8.5M FROM A GROUP OF 11 ANGEL INVESTORS…
3. ANGELS: LIVING IN A REALITY DISTORTION FIELD.
ANGELS
CUMULATIVE CASH FLOW
PRE-SEED
<EUR 100k
START-UP
SURVIVAL
RATE
SEED
EUR 100-500k
EARLY-STAGE
ROUND I
EUR 500k-1m
LATE-STAGE
ROUND II
EUR 1-5m
ROUND III
EUR 5-10m
x
‘VALLEY OF
DEATH”
ROUND IV
EUR 10-30m
GROWTH
EXPANSION
EUR 30-50m
FOLLOW-ON
EUR 50m>
x
BREAK
EVEN
IPO
1/3 1/2 2/3 4/5
8-10 YEARS
THE “WHAT THE FUCK” CHART OF THE DAY.
6. FOUR ANGEL TYPES
THAT WILL
DEFINITELY MAKE
YOUR LIFE DIFFICULT.
COLLECTIVE OBSERVATIONS FROM DIFFERENT ENTREPRENEURS.
SHARED WITH LOVE, CARE AND LOTS OF TEARS.
8. B
THE
GOD .
CHARACTERISTICS:
IMPOSSIBLE TO PLEASE.
OPINIONATED.
SUPERIORITY COMPLEX.
DRIVEN BY:
PERSONAL GLORY.
WHAT’S THE WORST
THAT CAN HAPPEN?
NARCISTIC BEHAVIOUR.
INTRUSIVE.
CONSTANT CRITICISM.
11. TIP FOR ENTREPRENEURS:
TIME IS YOUR
MOST PRECIOUS
ASSET – DO NOT
WASTE IT.
IF SOMETHING DOES NOT
FEEL RIGHT WITH AN ANGEL
YOU MEET, GET THE HELL
OUT!
Tha
n
You k !
!!