Presentation at Opencoffee Oct 2013

1. Angel Investing,
Open coffee Oct 2013
Apostolos Apostolakis
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2. ENTREPRENEURIAL PATH
1998
Cofounder e-shop.gr
2009
Cofounder Openfund
2011
Cofounder e-food.gr
2012
Cofounder doctoranytime.gr
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3. ANGEL INVESTING PATH
2009
2011
2013
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4. AGENDA
Why an angel investor
What I look for/philosophy
Conclusions/ suggestions for entrepreneurs
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5. WHY INVEST? : I VIEW IT AS AN
OPPORTUNITY TO LEARN, HELP AND PROFIT
Learn
Help
Profit
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6. WHY INVEST? : LEARN
From great
people
From new
business models
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7. WHY INVEST? : HELP/CONTRIBUTE
Entrepreneurs
Society/Consumers
Hang out with people from
whom u can learn and who
will also learn from you
Provide a useful service
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8. WHY INVEST? : PROFIT
Financially
Earn bragging rights
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9. INVESTING STARTED DUE TO AN IMPULSE
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10. CONTINUED IN A STRUCTURED APPROACH
RESULT:CAME UP WITH A CHECKBOX OF WHAT I
SHOULD LOOK FOR
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11. AGENDA
Why an angel investor
What I look for/philosophy
Conclusions/ suggestions for entrepreneurs
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12. I LOOK FOR AN IDEA THAT SOLVES A BIG
PROBLEM AND A GREAT TEAM
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13. A PROBLEM I UNDERSTAND AND CAN
RELATE TO
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14. A REALISTICALLY ASSESED POTENTIAL
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15. GREAT TEAM IS THE MOST IMPORTANT PART
CAPABILITIES (evolving)
COMMITMENT (hunger for success )
VALUES (integrity, fairness)
OPENNESS (feedback)
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16. AGENDA
Why an angel investor
What I look for/philosophy
Conclusions/ suggestions for entrepreneurs
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17. GET IN THE OTHER PERSON’S SHOES
WOULD U INVEST YOUR MONEY IN
YOUR IDEA?
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18. DO YOUR HOMEWORK…
Idea/Product
Market size
Go to market plan
Operational needs + Capital needs
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19. … IT SHOWS RESPONSIBILITY TO
YOURSELF AND YOUR LISTENER
Build credibility
Respect other people’s time
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20. ADVANCE YOUR IDEA TO PRODUCT ON
YOUR OWN
Seek funding at the latest possible stage
Faith in your product
Less dilution
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21. AS AN ENTREPRENEUR I AM HANDS
ON :MEANING VERY BUSY
BUT WILL FIND SOME TIME TO GIVE FEEDBACK TO
PEOPLE WHO REALLY NEED IT
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