About this episode
This episode is part of our EXPERT SERIES, in which we interview experts in the startup and business ecosystem, like investors and lawyers. Today I’m excited to share with you an interview my partner and I did with David Hug, Managing Director at Ringier Digital Ventures, the corporate investment fund of the international media group Ringier.
In our conversation we cover many of the questions we asked ourselves as founders when it comes to investors, like “what are the most important factors for investors to invest in our startup?”, “how many customers do we need to have before contacting investors?” and “if an investor is interested, what happens then?”. We loved sitting down with David and getting honest answers from an investment expert, which is why I’m super excited to share this episode with you today, enjoy!
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We covered the following topics:
RINGIER DIGITAL VENTURES
What kind of startups do they invest in
At what stage they invest
How they are helping these startups succeed
DUE DILIGENCE
How a due diligence process looks like
How they check if Product - Solution - Fit & Product - Market - Fit are reached
What the most important factors investors check before investing in a startup
How much traction is necessary for an investment
ADVICE FOR STARTUPS
What’s the mistake he sees most often founders do, and how should they fix it
How to approach investors and keep them interested in your startup
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