Guy Meiboom’s Post

The Blume Ventures mavericks are at it again, I am sure everyone did their weekend reading, setting high return benchmarks is one thing, but their transparency and insight sharing score is off the charts, and this can only be driven top down - Karthik B. Reddy, congratulations to the team for putting together such a detailed, honest report! Shout-out to batchmate Tonmoy Shingal (Building Binocs) and Mettl featuring amongst their exited winners! If you somehow missed it, highly recommend reading it here - https://lnkd.in/gwD7hbm2 1) Generated a solid ~21% INR IRR (assuming this is gross?) and a ~5x MoIC in their two funds. Net IRRs post carry would be handle 18% pre-tax, outperforming most asset classes including gold! 2) Moved winners to their continuity fund, alternative would have been to sell secondaries at steep discounts. Fund lifecycles and startup growth cycles are just not matched to optimise value capturing, expect to see more of this from VCs 3) Report rightly states that roll-ups to acquire innovation are hard to execute. We think if done right with a proper strategy, and founder alignment it can be a pivotal growth strategy for startups of any scale. Personally, think Ultrahuman is a great case study (also a Blume port co), their star product - the ring which is now pushing boundaries worldwide was an acquisition, the founder heads their hardware division 3 years later. The original product focused on the "lazy" use case to take calls and change slides, with further R&D and positioning, it is now the foundation of a "active" health monitoring revolution 4) 1/3rd of their portfolio companies exited through M&A, early exits saw a 3x MoIC, these would have been earlier in the journey so IRRs could be healthy. ~40% of the M&A exits created MoICs of 1x+. We can and will create a more perfect market to capture the value created by startup founders, Blume says a large set of startups had headroom for growth but no one to take it forward, work to be done here... Watch out for an exciting launch for VCs and startups at Done Deal, we can't wait to have you onboard! #indianvcs #exitsandliquidity #benchmarkingreturns

𝗚𝗲𝗿𝗺𝗮𝗻𝘆'𝘀 𝗦𝘁𝗮𝗿𝘁𝘂𝗽 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝘆 𝗡𝗲𝗲𝗱𝘀 𝗮 𝗕𝗼𝗼𝘀𝘁! 🚀 In collaboration with over 100 brilliant minds from the startup ecosystem, Startup-Verband has spent the past few months developing the Innovation Agenda 2030. The 2022 Startup Strategy was a great start, but the world is moving fast, and we need to keep up. It’s time for Startup Strategy 2.0—and it needs to happen within the first 100 days of the next government. To stay competitive, Germany—and Europe—need quick wins and a mindset shift that embraces innovation. Let’s make "World-Class Made in Germany" a reality by acting fast and thinking big. No time to waste, and it's good for Europe too! Weltklasse Made in Germany! Los geht‘s! Check out the report here 👉 https://lnkd.in/dJwrJZJm pa#Startups #Innovation #Germany #Europe

Why are startups failing? Don’t ignore the real facts! The engagement facts (directly linked to success and productivity) are consistently poor! And according to Gallup global review in Europe only 14% of the workforce are engaged and is 13% across MEast! There is a simple solution to helping startups succeed … click here to start your journey https://lnkd.in/eRapbN6P - you'll see we mean business as "we don't want your money, we want your success!" Meet some of the team Malcolm Dean, Kelly Orford, Andrew Carlsson, Malcolm Trotter and myself Neville Gaunt 💡⚡️ https://lnkd.in/eZ9ex2B2?

If you are in startup phase with your business, preparing to startup or struggling to get the success you wish for, do you have the essential, entrepreneurial foundations? Or do you know someone who needs to learn and develop these? #startup #entrepreneurship #businesssuccess

Meet The ThinkFISH Executive Team LIVE This is a live event to kick off our new community and get to know each other. All members are welcome to join and participate. If you have questions you would like answered before the session, please email reef@thinkfish.co or feel free to ask questions using the chat feature live on the session. Join Us https://lnkd.in/gQZxZ-RP Founders get; - Free membership to REEF and 4,623 Investors - Free Pitch Deck Review Investors get: - Access to opportunities, startups and founders. - Network with other investors in a private space. We look forward to seeing you on the session and serving you better to successfully raise your round. PANELISTS INCLUDE: Ben Padnos, CEO Clifford "Cliff" Jones, CSO Freizle Abarrientos, COO Connor Nolan, VP Sales and Partnerships Patrick McGuire, CRO (event moderator) hashtag #founders hashtag #investors hashtag #fundraising hashtag #funding hashtag #incubators hashtag #accelerators hashtag #funds hashtag #startups hashtag #business

Meet The ThinkFISH Executive Team LIVE This is a live event to kick off our new community and get to know each other. All members are welcome to join and participate. If you have questions you would like answered before the session, please email reef@thinkfish.co or feel free to ask questions using the chat feature live on the session. Join Us https://lnkd.in/gQZxZ-RP Founders get; - Free membership to REEF and 4,623 Investors - Free Pitch Deck Review Investors get: - Access to opportunities, startups and founders. - Network with other investors in a private space. We look forward to seeing you on the session and serving you better to successfully raise your round. PANELISTS INCLUDE: Ben Padnos, CEO Clifford "Cliff" Jones, CSO Freizle Abarrientos, COO Connor Nolan, VP Sales and Partnerships Patrick McGuire, CRO (event moderator) hashtag #founders hashtag #investors hashtag #fundraising hashtag #funding hashtag #incubators hashtag #accelerators hashtag #funds hashtag #startups hashtag #business

Meet The ThinkFISH Executive Team LIVE This is a live event to kick off our new community and get to know each other. All members are welcome to join and participate. If you have questions you would like answered before the session, please email reef@thinkfish.co or feel free to ask questions using the chat feature live on the session. Join Us https://lnkd.in/gQZxZ-RP Founders get; - Free membership to REEF and 4,623 Investors - Free Pitch Deck Review Investors get: - Access to opportunities, startups and founders. - Network with other investors in a private space. We look forward to seeing you on the session and serving you better to successfully raise your round. PANELISTS INCLUDE: Ben Padnos, CEO Clifford "Cliff" Jones, CSO Freizle Abarrientos, COO Connor Nolan, VP Sales and Partnerships Patrick McGuire, CRO (event moderator) hashtag #founders hashtag #investors hashtag #fundraising hashtag #funding hashtag #incubators hashtag #accelerators hashtag #funds hashtag #startups hashtag #business

At Founders Forum Group, we support the Digital Markets, Competition, and Consumers Act (DMCCA) in creating a fair and dynamic environment where tech founders can thrive. Last week, Sarah Cardell spoke to this legislation’s impact and the Competition and Markets Authority’s role in championing pro-competition policies that can drive innovation and growth for UK startups and investors. This is an important focus for us as Tech Nation, alongside other industry leaders and experts, contributes to shaping the UK Government’s new industrial strategy. We remain focused on advocating for a transparent and balanced digital economy that supports founders at every stage of their journey. We’re committed to convening our community of founders, investors, and CEOs over the coming months to help shape this strategy in further detail and look forward to working with Sarah and her team at CMA along the way. More here: https://lnkd.in/eZkvxcET #UK #Tech #Innovation #Competition #Startups #TechForGrowth #DMCCA

Exits for angel and vc-backed #startups are down, and multiples are down as well. https://lnkd.in/g-6k4HsU