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ROCKET TAKE-OFF or... Holiday
What (not) to do after getting funded?
TEAM
HELEEN VAN OORD Co-founder
Advisory Board
STEFAN BARYManaging Partner
JOHAN VAN MIL Co-founder
Managing Partner
JORRIT VELZEBOERAnalyst
INVESTORS
exit
PORTFOLIO
KEY ASSET
What is the most important asset of any founding team?
AFTER A FUNDRAISE
(in our humble opinion…)
KEY ASSET
What is the most important asset of any founding team?
AFTER A FUNDRAISE
SPEED OF EXECUTION
(in our humble opinion…)
KEY ASSET
What is the most important asset of any founding team?
AFTER A FUNDRAISE
(in our humble opinion…)
But what to do and how?
PRE-CLOSING
WORK
LOAD
& ST
RESS
Let’s raise millions!
RUNNING A BUSINESS
LIKE CLIMBING A MOUNTAIN
FUNDRAISING
$
POST-CLOSING
...THE ONLY WAY IS DOW
N
BUT ONCE YOU’VE REACHED THE
TOP...
PRE-CLOSING
6M12M 3M CLOSING
PRE-CLOSING
6M12M 3M CLOSING
A shit load of talks with all kinds of investors
Prepping and continuously improving the pitch
While also trying to run a business...
PRE-CLOSING
...still running a business...
6M12M 3M CLOSING
Narrowing down the number of investors...
Term sheet
Lawyers, tax advisors, due
dilligence, legal
contracts, etc.
A shit load of talks with all kinds of investors
Prepping and continuously improving the pitch
While also trying to run a business...
Assessing necessities, improvements and
execution plan for post-closing
The 100 day
plan
PRE-CLOSING
...still running a business...
6M12M 3M CLOSING
Narrowing down the number of investors...
Term sheet
Lawyers, tax advisors, due
dilligence, legal
contracts, etc.
A shit load of talks with all kinds of investors
Prepping and continuously improving the pitch
While also trying to run a business...
Assessing necessities, improvements and
execution plan for post-closing
The 100 day
plan
$PRE-CLOSING
WORK
LOAD
& ST
RESS
Let’s raise millions!
RUNNING A BUSINESS
LIKE CLIMBING A MOUNTAIN
FUNDRAISING
$PRE-CLOSING
“...so we try adjusting the view of climbing the mountain...”
$Headache after closing party ;-)
EVEN
MO
RE W
ORK
LOAD
But with more resources, money and advice!
POST-CLOSING
EXECUTION
EVERY PITCHDECK COMES WITH A:
STRATEGIC VIEW CALCULATIONS
Increase number of developer
s
Increase marketing
spend
Hockeystick
Revenue in 5 years
Hire sales managers
EXECUTION
EVERY PITCHDECK COMES WITH A:
STRATEGIC VIEW CALCULATIONS
Very few come with an
ACTIONABLE EXECUTION PLANof what should be done.
EXECUTION
Big audacious goal (3-5 years)
Quantify (Sales, margins, clients, etc)
Situation 1 year from now?
How to get there?
EXECUTION
Break it down into quarters.
Develop-ment
Sales & Marketing
Human Resources
Finance & Legal
Quantifiable OKR’s with deadline and
accountability.
Other…
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OVERVIEW
CLOSING 9M6M 12M3M
OKR’sOKR’s OKR’s OKR’s
The 100 day
plan
Actions Actions Actions Actions
THE ENTREPRENEURIAL INVESTORS
OUR LEARNINGS
Great! Yet often too optimistic & hard to capture in near term
execution strategy.
LONG-TERM GOALS
Realistic and easy to achieve.
SHORT-TERM GOALS