BeAngels ’s Post

I often ask myself HOW, can I improve the financial management services for the start-ups in our portfolio, and where do we start?  🧐 The aim is to be able to integrate partners who can support our start-ups in international environments, enabling them to be supported by players offering solutions tailored to their needs with as few constraints as possible... 🤺 👉🏻 So I thought of Qonto. We are delighted to be able to integrate Qonto into the Belgian ecosystem and to be the first to develop this structuring partnership. 🇧🇪 x 🇫🇷 At BeAngels , we are thrilled to join forces with Qonto, Europe’s leading financial management solution. With a proven track record of supporting 200,000 business creations, Qonto shares our mission: enabling entrepreneurs and startups to turn their bold visions into thriving businesses. By combining Qonto’s cutting-edge financial technology with our extensive network of 550+ active investors, 38 SPVs, and three venture capital funds, we are building the ultimate ecosystem to help Belgian startups and scale-ups reach their full potential. So, why this partnership ? (you shall ask 🥸) 🫸🏻 Well, at first, let's cover Qonto's Technology at the Service of BeAngels's Entrepreneurs Qonto’s platform offers a seamless, intuitive way to manage financial operations—perfect for startups and scale-ups looking to save time and focus on growth. Entrepreneurs in the BeAngels network can benefit from features such as:    - Streamlined expense management to keep track of every cent invested.    - Multi-user access with advanced permissions, ensuring effective team collaboration.    - Automated bookkeeping integration, simplifying accounting tasks. ✌️ Secondly, let's capture the Enhanced Value with the BeAngels Startup Pack : Our Startup Pack [have a look : https://lnkd.in/enhpVWAa] is designed to address the unique needs of early-stage ventures, combining our network’s expertise with exclusive resources. This partnership enhances its value by including:    - A discounted subscription to Qonto’s financial tools, making professional-grade financial management accessible to startups.    - Tailored mentoring sessions with experienced entrepreneurs and investors from the BeAngels community.    - Privileged access to our fundraising network, including our 38 SPVs and 3 venture capital funds, providing a robust foundation for securing vital capital.    - Visibility opportunities within our ecosystem, helping startups connect with key stakeholders.    Together, this package delivers the tools, knowledge, and connections startups need to succeed in a competitive market. With Qonto’s advanced technology and BeAngels’ proven track record of supporting over 425 companies, this partnership sets a new standard for entrepreneurial support in Belgium. ⛰ Let's move all the way up ! 🧗🏽♂️ Qonto x BeAngels Claire Munck - Annabelle Luce - Lorenzo Zatini - Tatiana Miron - Stéphanie Coulaie

How to Raise Capital: A Guide For SaaS Startups Enkel published a great guide 'How to Raise Capital: A Guide For SaaS Startups'. Here is a summary of the key points: 👉 Timing for Fundraising: It's crucial to start fundraising when you have a year's cash runway, allowing you to balance running the company and securing funds without immediate financial pressure. 👉 Required Preparations: Before meeting with investors, startups should have conducted thorough market research, developed a minimally viable product (MVP), and prepared a compelling narrative supported by solid data and financial metrics. 👉 Understanding Funding Rounds: The guide details different funding rounds—Pre-Seed, Seed, Series A-C+, explaining the expectations and typical financial involvement at each stage. 👉 Choosing the Right Investors: The importance of selecting investors who align with the startup's vision and goals is emphasized, with different types of investors discussed, including angel investors, venture capitalists, and venture debt providers. 👉 Key Metrics for Success: Startups need to track and present key performance indicators (KPIs) such as Net MRR Growth Rate, Customer Churn Rate, and LTV:CAC ratio to attract and reassure investors. 👉 Developing an Effective Pitch Deck: A well-structured pitch deck should succinctly communicate the business model, market opportunity, competitive advantage, and use of funds. 👉 Essential Documents for Investor Meetings: Startups should prepare critical documents such as company valuation, financial projections, cap table, and intellectual property rights documentation. 👉 Financial Management: The guide advises on maintaining sound financial management practices, including detailed bookkeeping and financial forecasting to support fundraising and business operations. 👉 Long-term Strategic Planning: It’s vital for startups to plan long-term, projecting financial needs and growth trajectories over several years to ensure sustainability and attractiveness to investors. 👉 Additional Resources and Support: The guide mentions additional resources for optimizing accounting processes and strategic growth and emphasizes the support services provided by firms like I.GO or Enkel for financial management and investor readiness.

🚀 How to Become Fundable: Governance, Transparency, and the Startup Ecosystem 🌟 The last panel of the ILA event "Start-up, Scale-up, but don’t screw up" was moderated by Christophe Bianco. Becoming fundable isn’t just about having a great product or market fit—it’s about creating trust, clarity, and value through effective governance and strong relationships. Here's how to position your startup for success: 💡 Understand the Roles: Advisor, Mentor, Board Member, Founder • Advisors & Mentors: Offer guidance and expertise, often with no direct control. • Board Members: Add structured governance and help the company scale strategically. • Founders: Navigate the dual role of owner and manager, balancing vision with execution. Each role brings unique value. Founders should lean on this support network while keeping governance aligned with the company’s growth stage. 🧩 Governance: The Heart of Fundability • Good governance ensures your business can fulfill its purpose despite challenges like ego or misalignment. • It builds deep trust, critical for securing the next stage of financing. • Early-stage companies may overlook governance, but by Series A, it's vital to have a structured board and transparent processes. Governance is the center of trust and value creation, helping startups meet regulatory standards and go beyond expectations to attract investors and talent. 📊 Transparency & Metrics • Share clear financial explanations and stage-relevant KPIs with stakeholders. • Use tools like monthly reports (as highlighted in LBAN’s survey of successful startups) to ensure everyone knows what’s happening and where the company is headed. 🤝 Building Relationships & Ecosystem Value • Startups thrive when they curate relationships with media, investors, and talent through transparency and engagement. • A strong shareholders agreement isn’t just about legal protection—it aligns expectations and prevents value destruction. • Governance creates a framework for execution and agreements, ensuring decisions are actionable and impactful. 🏗️ Tools for Fundability • Establish baseline information rights and control rights for shareholders. • Regularly align goals with a quarterly list of needs—what founders must do and what they expect from investors. • Pitch with clarity: What is your ask? What value are you bringing? Can you succinctly explain your mission and metrics? Key Takeaway: Good governance is the path to fundability. It’s not a one-time effort but a continuous process that evolves with your startup. It builds trust, supports due diligence, and creates the value alignment needed for growth and scaling. 🌟 Start early, think big, and let governance be your foundation for success. ILA - The Luxembourg Institute of Governance | Philipp von Restorff Christophe Bianco | Owen Reynolds | Erwin Feldhaus

How Do Venture Capitalists Make Decisions? 1. Deal Sourcing: The Pipeline     VCs use various sources like professional networks, other investors, and self-generated opportunities to build their deal pipeline. Deal flow is essential with around 200 deals considered, leading to roughly one closed deal per year. 2. Investment Selection: What VCs Look For     Key factors that attract VCs include a strong management team, market attractiveness, product potential, and competitive positioning. Due diligence is essential to ensure alignment. 3. Valuation: Determining Worth     VCs assess value based on anticipated exit opportunities, comparable companies, and financial metrics like cash-on-cash multiple and internal rate of return (IRR). 4. Forecasting: Crystal Ball Gazing     VCs often rely on financial forecasting, even though many forecasted outcomes don’t materialize. Companies typically face a median forecast period of 3-4 years. 5. Deal Structure: Terms and Conditions     VCs negotiate deal terms carefully. Common terms include participation rights, liquidation preferences, and redemption rights. Flexibility in deal terms varies widely. 6. Syndication: Teaming Up     Approximately 65% of deals are syndicated, with capital constraints and risk-sharing being key reasons. Reputation is a major factor when choosing partners. 7. Post-Investment Value-Add: Beyond Capital     Beyond just providing funding, VCs play a strategic role, offering operational guidance, connecting to customers and investors, and aiding in talent acquisition. 8. Exits: Reaping Returns     VCs evaluate various exit options such as IPOs, acquisitions, and failures. Return multiples and IRR are critical benchmarks to measure success. 9. Value Creation: The Secret Sauce    The most important factors for VCs are deal selection (49%), value-add efforts (27%), and the structure of the deal flow (23%). 10. Success and Failure: Make or Break     Both team quality and timing are crucial for the success of investments. While success is collective, failure tends to affect individual teams more significantly. 11. VC Firm Structure: The Inner Workings     A typical VC firm includes 14 employees, with 5 senior investment professionals. Most partners focus on managing portfolios and sourcing deals, while compensation is tied to performance. 12. LP Relations: Keeping Investors Happy     Limited Partners (LPs) look for key benchmarks, such as cash-on-cash multiples and IRR. They expect firms to outperform public markets and stay within expected return ranges. 13. Key Differences Across VC Segments     Early-stage VCs focus more on team dynamics and flexible terms, while late-stage VCs focus on more stable firms with less flexible terms. Various industries, like healthcare and tech, also have different deal structures and expectations. --- Credit : National Bureau of Economic Research Want 30 Days free Whatsapp Business API visit: www.aichatiffy.com AiChatiffy

How to Raise Capital: A Guide For SaaS Startups Here is a summary of the key points: 👉 Timing for Fundraising: It's crucial to start fundraising when you have a year's cash runway, allowing you to balance running the company and securing funds without immediate financial pressure. 👉 Required Preparations: Before meeting with investors, startups should have conducted thorough market research, developed a minimally viable product (MVP), and prepared a compelling narrative supported by solid data and financial metrics. 👉 Understanding Funding Rounds: The guide details different funding rounds—Pre-Seed, Seed, Series A-C+, explaining the expectations and typical financial involvement at each stage. 👉 Choosing the Right Investors: The importance of selecting investors who align with the startup's vision and goals is emphasized, with different types of investors discussed, including angel investors, venture capitalists, and venture debt providers. 👉 Key Metrics for Success: Startups need to track and present key performance indicators (KPIs) such as Net MRR Growth Rate, Customer Churn Rate, and LTV:CAC ratio to attract and reassure investors. 👉 Developing an Effective Pitch Deck: A well-structured pitch deck should succinctly communicate the business model, market opportunity, competitive advantage, and use of funds. 👉 Essential Documents for Investor Meetings: Startups should prepare critical documents such as company valuation, financial projections, cap table, and intellectual property rights documentation. 👉 Financial Management: The guide advises on maintaining sound financial management practices, including detailed bookkeeping and financial forecasting to support fundraising and business operations. 👉 Long-term Strategic Planning: It’s vital for startups to plan long-term, projecting financial needs and growth trajectories over several years to ensure sustainability and attractiveness to investors. ----- ♻️Like, Comment, Share Follow Startup Vencha for more, Stop Thinking & Start Doing

🌟 𝐃𝐚𝐲 24/30 𝐨𝐟 𝐒𝐢𝐦𝐩𝐥𝐢𝐟𝐲𝐢𝐧𝐠 𝐉𝐚𝐫𝐠𝐨𝐧𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐒𝐭𝐚𝐫𝐭𝐮𝐩 𝐄𝐜𝐨𝐬𝐲𝐬𝐭𝐞𝐦! 🌟 𝐔𝐧𝐝𝐞𝐫𝐬𝐭𝐚𝐧𝐝𝐢𝐧𝐠 𝐏𝐨𝐬𝐭-𝐌𝐨𝐧𝐞𝐲 𝐕𝐚𝐥𝐮𝐚𝐭𝐢𝐨𝐧: 𝐀 𝐊𝐞𝐲 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐌𝐞𝐭𝐫𝐢𝐜 𝐌𝐞𝐚𝐧𝐢𝐧𝐠 Post-money valuation refers to the value of a company after it has received outside financing or capital. It includes the pre-money valuation (the company's value before receiving new funding) plus the new equity investment. 𝐅𝐨𝐫𝐦𝐮𝐥𝐚: Post-Money Valuation=Pre-Money Valuation+New Investment 𝐄𝐱𝐚𝐦𝐩𝐥𝐞: Suppose a startup has a pre-money valuation of $4 million and it raises $1 million in new funding. The post-money valuation would be: Post-Money Valuation=$4 million+$1 million=$5 million 𝐀𝐝𝐝𝐢𝐭𝐢𝐨𝐧𝐚𝐥 𝐏𝐨𝐢𝐧𝐭𝐬: 𝐃𝐢𝐥𝐮𝐭𝐢𝐨𝐧: When a company raises new capital, the ownership percentage of existing shareholders gets diluted. This means they own a smaller percentage of the company after the new shares are issued. 𝐈𝐦𝐩𝐨𝐫𝐭𝐚𝐧𝐜𝐞 𝐟𝐨𝐫 𝐈𝐧𝐯𝐞𝐬𝐭𝐨𝐫𝐬: Post-money valuation is critical for investors as it helps determine their ownership stake in the company. For example, if an investor puts $1 million into a company with a post-money valuation of $5 million, they would own 20% of the company ($1 million / $5 million). 𝐒𝐭𝐚𝐫𝐭𝐮𝐩 𝐕𝐚𝐥𝐮𝐚𝐭𝐢𝐨𝐧𝐬: Startups often go through several rounds of funding (Series A, B, C, etc.), and the post-money valuation after each round helps gauge the company's growth and investor confidence. 𝐈𝐦𝐩𝐚𝐜𝐭 𝐨𝐧 𝐅𝐮𝐭𝐮𝐫𝐞 𝐅𝐮𝐧𝐝𝐢𝐧𝐠: Higher post-money valuations can attract more investors in future funding rounds, but they also set higher expectations for the company's performance. 𝐂𝐨𝐧𝐜𝐥𝐮𝐬𝐢𝐨𝐧:: Post-money valuation is a straightforward yet crucial concept in venture capital and startup financing, providing a snapshot of a company's value after receiving new funding. Understanding this valuation helps both entrepreneurs and investors make informed decisions regarding equity, ownership, and company growth. Want to learn more about how post-money valuation impacts your fundraising strategy? Share your thoughts in the comments below! 𝘚𝘵𝘢𝘺 𝘵𝘶𝘯𝘦𝘥 𝘧𝘰𝘳 𝘮𝘰𝘳𝘦 𝘫𝘢𝘳𝘨𝘰𝘯 𝘴𝘪𝘮𝘱𝘭𝘪𝘧𝘪𝘦𝘥 𝘪𝘯 𝘰𝘶𝘳 𝘴𝘦𝘳𝘪𝘦𝘴! ------------------------------------------------------------------------------------ Follow KwikFundz for more such Knowledge Bites on startups. #VentureCapital #vcjargons #Startups #Startupindia

In today’s tight funding landscape, early-stage startups must rethink their financial strategies. With investors becoming more selective, the days of easy funding are behind us. Here are some key tips to help startups navigate this new reality: ❇️ Stay Lean: Focus on efficient spending and prioritize reaching break-even as soon as possible. ❇️ Generate Cash: Shift your strategy towards generating revenue with paying customers. ❇️ Optimize Cash Flow: Build a detailed cash flow forecast to manage every dollar wisely. Adopting a lean financial strategy not only extends your runway but also makes your startup more attractive to investors. Need help navigating these changes? Connect with our team for expert guidance. 🌱 Read More: https://bit.ly/3ACUzlA #StartupStrategy #FinancialPlanning #VentureCapital #CashFlowManagement #LeanStartup #ShayCPA #cpafirm #techaccountants #startupaccountants #techstartup #techcompany

How to Raise Capital: A Guide For SaaS Startups Enkel published a great guide 'How to Raise Capital: A Guide For SaaS Startups'. Here is a summary of the key points: 👉 Timing for Fundraising: It's crucial to start fundraising when you have a year's cash runway, allowing you to balance running the company and securing funds without immediate financial pressure. 👉 Required Preparations: Before meeting with investors, startups should have conducted thorough market research, developed a minimally viable product (MVP), and prepared a compelling narrative supported by solid data and financial metrics. 👉 Understanding Funding Rounds: The guide details different funding rounds—Pre-Seed, Seed, Series A-C+, explaining the expectations and typical financial involvement at each stage. 👉 Choosing the Right Investors: The importance of selecting investors who align with the startup's vision and goals is emphasized, with different types of investors discussed, including angel investors, venture capitalists, and venture debt providers. 👉 Key Metrics for Success: Startups need to track and present key performance indicators (KPIs) such as Net MRR Growth Rate, Customer Churn Rate, and LTV:CAC ratio to attract and reassure investors. 👉 Developing an Effective Pitch Deck: A well-structured pitch deck should succinctly communicate the business model, market opportunity, competitive advantage, and use of funds. 👉 Essential Documents for Investor Meetings: Startups should prepare critical documents such as company valuation, financial projections, cap table, and intellectual property rights documentation. 👉 Financial Management: The guide advises on maintaining sound financial management practices, including detailed bookkeeping and financial forecasting to support fundraising and business operations. 👉 Long-term Strategic Planning: It’s vital for startups to plan long-term, projecting financial needs and growth trajectories over several years to ensure sustainability and attractiveness to investors. 👉 Additional Resources and Support: The guide mentions additional resources for optimizing accounting processes and strategic growth and emphasizes the support services provided by firms like Enkel for financial management and investor readiness. ___________________________________ Did you like this post? Connect or Follow 🎯 Pawel Maj Want to see all my posts? Ring that 🔔 #startups #VCs #venturecapital

Day 43 of the #70DayChallenge Clawback Provision in Venture Capital: The Downside Protection Mechanism In the high-stakes world of venture capital (VC), where startups chase ambitious dreams and investors seek lucrative returns, clawback provisions act as a safeguard. These clauses, embedded within investment agreements, allow venture capital firms to recoup some of their invested capital under specific circumstances. Importance of the Provision VC firms invest pooled funds from various limited partners (investors). Clawback provisions help ensure these investors' capital isn't entirely lost due to mismanagement or unforeseen circumstances. The possibility of a clawback can incentivize startups to manage funds responsibly and adhere to ethical business practices. Clawbacks promote alignment between the VC firm and the startup. Both parties are motivated to achieve success, knowing that failure could trigger a clawback. Scenarios that may Trigger the Clawback If the startup is found to have engaged in fraudulent activities, misrepresented financial data, or committed other unethical acts, a clawback may be enforced. VC agreements often outline specific performance milestones the startup must achieve within a timeframe. Missing these milestones could trigger a partial or full clawback. In the case where the startup is acquired for a price lower than the total VC investment, a clawback provision might require the founders to repay some of the invested capital. In the unfortunate event of a startup declaring bankruptcy, clawback provisions can help investors recoup a portion of their investment if certain conditions are met. Clawback provisions are a double-edged sword. They offer security to VC firms but can also discourage promising startups from seeking funding. Striking a balance between protecting investors and fostering innovation is crucial for a healthy venture capital ecosystem. Would love to hear your insights as well... Thanks for your time! #Accounting #Finance #LinkedInChallenge

𝗜𝗳 𝘆𝗼𝘂'𝗿𝗲 𝗮𝗻 𝗮𝘀𝗽𝗶𝗿𝗶𝗻𝗴 𝗩𝗖, 𝗜𝗕 𝗽𝗿𝗼𝗳𝗲𝘀𝘀𝗶𝗼𝗻𝗮𝗹, 𝗼𝗿 𝘀𝘁𝗮𝗿𝘁𝘂𝗽 𝗳𝗼𝘂𝗻𝗱𝗲𝗿—𝗧𝗛𝗜𝗦 𝗶𝘀 𝗮 𝗺𝘂𝘀𝘁-𝗿𝗲𝗮𝗱! Understanding venture capital term sheets isn’t just a skill; it’s a game-changer that separates the pros from the rest. Whether you're raising funds or planning to invest, knowing how to read and negotiate these terms is 𝗰𝗿𝘂𝗰𝗶𝗮𝗹 to protect your interests and ensure long-term success. -- 𝗪𝗵𝗮𝘁 𝗱𝗼𝗲𝘀 𝘁𝗵𝗶𝘀 𝗣𝗗𝗙 𝗰𝗼𝘃𝗲𝗿? It breaks down the key terms in venture capital term sheets, helping you understand: • 𝗩𝗮𝗹𝘂𝗮𝘁𝗶𝗼𝗻 & 𝗠𝗶𝗹𝗲𝘀𝘁𝗼𝗻𝗲𝘀: Did you know that investors often tie funding to performance milestones? By doing so, they drive up returns by 𝟰𝟬% 𝗼𝗿 𝗺𝗼𝗿𝗲! This guide shows you how VCs use milestones to minimize risk and maximize growth—an absolute must for deal-making. • 𝗟𝗶𝗾𝘂𝗶𝗱𝗮𝘁𝗶𝗼𝗻 𝗣𝗿𝗲𝗳𝗲𝗿𝗲𝗻𝗰𝗲𝘀: Here’s where it gets serious. VCs protect their downside with 𝟭𝘅, 𝟮𝘅, 𝗲𝘃𝗲𝗻 𝟯𝘅 𝗹𝗶𝗾𝘂𝗶𝗱𝗮𝘁𝗶𝗼𝗻 𝗽𝗿𝗲𝗳𝗲𝗿𝗲𝗻𝗰𝗲𝘀—meaning they can get up to 𝟯𝟬𝟬% 𝗼𝗳 𝘁𝗵𝗲𝗶𝗿 𝗶𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗯𝗮𝗰𝗸 before anyone else! If you don’t understand this, you could be leaving big money on the table. • 𝗔𝗻𝘁𝗶-𝗗𝗶𝗹𝘂𝘁𝗶𝗼𝗻 𝗣𝗿𝗼𝘁𝗲𝗰𝘁𝗶𝗼𝗻: Imagine new investors come in at a lower valuation and suddenly your equity shrinks by 𝟮𝟱-𝟱𝟬%. This guide explains how anti-dilution clauses like 𝗳𝘂𝗹𝗹 𝗿𝗮𝘁𝗰𝗵𝗲𝘁 𝗽𝗿𝗼𝘁𝗲𝗰𝘁𝗶𝗼𝗻 prevent that from happening, ensuring early investors maintain their stake no matter what. • 𝗘𝘅𝗶𝘁 𝗥𝗶𝗴𝗵𝘁𝘀 & 𝗥𝗲𝗱𝗲𝗺𝗽𝘁𝗶𝗼𝗻: VCs aren’t just hoping for an exit—they’re planning it from day one. With 𝗮𝘂𝘁𝗼𝗺𝗮𝘁𝗶𝗰 𝗰𝗼𝗻𝘃𝗲𝗿𝘀𝗶𝗼𝗻 𝗿𝗶𝗴𝗵𝘁𝘀, redemption clauses, and liquidation triggers, they secure 𝟱-𝟭𝟬𝘅 𝗿𝗲𝘁𝘂𝗿𝗻𝘀 on their investments. This guide breaks down exactly how they structure these exits. The guide isn’t just theoretical—it’s packed with real-life examples, essential industry terms, and strategies that will give you a real edge in the world of venture capital. 𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝘁𝗵𝗲 𝗣𝗗𝗙 for a deep dive into the world of venture capital term sheets and uncover the hidden details that can make or break a deal! -- Which term do you think has the most impact on a startup’s future? Let’s get a discussion going in the comments! Follow Harsh Pathak for more insights and resources to level up your venture capital knowledge!