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We believe in ‘investing in lines, not dots” and are open to following/getting to know/referring you before our 25K MRR mark. We might invest as well before the <25K MRR mark. However, we might take our time (and we want to get to know you) as this is not our sweet spot. Most of all, we invest in people with a vision & purpose, not companies. The stronger the vision, the better. We are a bit contrarian in the sense that growth & traction are not unimportant for us (as proof of early market validation) but never will be our primary investment filter, as the vision is. If we miss opportunities, so be it. Also, we are SaaS investors but occasionally invest outside our sweet spot if we see a great vision. To illustrate: Fourth Wall (animation company, UK) and Stayhaven (marketplace, USA), two recently backed 4D companies.
Yes, absolutely. Even if we feel we are not the right investor and/or not the right stage and/or geography, for your company, we can refer you to some trusted parties who might be a better fit.
The first ticket for 4D Ventures BV is around 50 K EUR. We consider this a 'get-to-know' ticket, and we invest alone.
With our trusted partner, www.finwise.com we can together invest well over > 250K EUR through an SPV.
We create just one line in your cap table, ranging from 250K EUR EUR to around one mio EUR-ish. Typically, in this stage, we will co-invest with a VC who will take the lead/set the terms.
Yes. But we will never lead (set the terms) of bigger (>500K EUR) rounds and will only follow on with a lead investor (provided we are OK with the terms). Typically, we will call our broader investment base, syndicate your deal & co-invest with the leading VCs.
We are not a fund, so we are not a VC. (We do like to co-invest/work together with VC's). We invest our own capital (so we don't have LP's). It also means no exit pressure or patient capital. You could say we are angel investors as our first ticket/position will be low (compared to a VC fund), 50K-EUR ish; however, we are professional investors and perform our own due diligence, write an investment memo, etc. We can also act as a syndicate and raise well over >200K EUR since we have a broader investment network that likes to co-invest with us on a deal-per-deal basis. However, we will only invite our investor basis for follow-on tickets, after we have worked for some time with our invested companies. We are very open to co-investing through syndication with other angel groups/Vs.
We come from a non-operator, non-start-up background (even if we created our own traditional companies and are familiar with building successful and failed companies that we see as learning opportunities). So we are NOT ex-founders nor operators (we wished we were, but we are not). This said, as professional investors, our added value is mainly by opening doors to more significant/later-stage investors (VCs/bigger angel syndicates) within our trusted network. Also, we don't believe too much in "smart money"; we feel this might (of course, there are exceptions) be a bit 'overrated' within our industry. It's our philosophy to back solid and visionary founders. These founders usually only need a little coaching/advice/intros. This said, for our founders, we are only one WhatsApp/slack message/phone call away and love to help where we can. We are particularly proud that we led, for instance, half of the investment round (>500K £) of Fourth Wall where we really could make THE difference for that company. The founder's vision gave us the extra drive to pick up our phone literally and accelerated their funding process.
Thomas has been angel investing since 2017. Before becoming a solo GP in late 2022, I had one portfolio returner (>10 X) , Myskillcamp, through a secondary transaction in a period of less than five years. I got a second exit, Fractory , through another secondary transaction in less than four years. Another company, Cambri.io, went straight from seed to series A in less than two years. Most importantly, I also got failures I could learn from; this helped my investment thesis sharpen and made me the better (fingers crossed) professional investor I am today.