Christian Claussen, Managing Partner at Ventech, reflects on his experience guiding early-stage startups through critical decisions.
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“I believe that, and this really comes from personal experience, every startup's road to success is, is marked by not more than five to 10 crucial turning points and the related decisions.”
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More from Christian Claussen
Opinion
Claussen: In-house VC recruiting teams are less efficient than specialized agencies
“What, why in hell should they be more efficient than a dedicated firm, you know, with global reach, with longstanding experience, and a clear incentive scheme?”
Christian ClaussenJun 24, 2015▶ 12:2720 VC 048: What Do VC's Really Add To Startups with Christian Claussen, Managing Partner @ Ventech
Insight
Claussen: VCs build service platforms primarily as competitive pitch marketing
“But I think the reason why people are doing that is primarily is competitive reasons. Absolutely. You know, it certainly helps gives you a story to founders to say, listen, I have a little more than the other guys.”
Christian ClaussenJun 24, 2015▶ 14:4820 VC 048: What Do VC's Really Add To Startups with Christian Claussen, Managing Partner @ Ventech
Disclosure
Claussen: Ventech targets early growth in Germany and earlier stages in France
“Between the two markets, the two territories, the two countries we are mainly active in, France and Germany, we find due to competitive issues, you know, more competition being in France compared to Germany, which has to do with money supply, it's a long story…”
Christian ClaussenJun 24, 2015▶ 4:4720 VC 048: What Do VC's Really Add To Startups with Christian Claussen, Managing Partner @ Ventech
AssertionNot checkable as stated
Claussen: Founder quarrels occur in one out of three portfolio companies
“So I think, you know, you see that in one of three portfolio companies play this professionally and create the trust that's necessary, necessary to do that.”
Christian ClaussenJun 24, 2015▶ 9:5020 VC 048: What Do VC's Really Add To Startups with Christian Claussen, Managing Partner @ Ventech
Insight
Claussen: First two months of deal negotiations reveal VC partner working style
“I think that period, at least, you know, maybe not the last two weeks, but the first two months or so can give you a very good indication to who you are dealing with, as long as you can be sure that this is the person who will be then following that engagement…”
Christian ClaussenJun 24, 2015▶ 18:0220 VC 048: What Do VC's Really Add To Startups with Christian Claussen, Managing Partner @ Ventech
Disclosure
Claussen: Ventech reserves a seed pocket for checks up to 250k
“We have one slot in our new fourth generation fund, which is a one hundred ten million fund, with one dedicated slot that is used for seat investment. So that's called the seat pocket. And we do, alongside business agents who we know and who we trust, we do al…”
Christian ClaussenJun 24, 2015▶ 5:2620 VC 048: What Do VC's Really Add To Startups with Christian Claussen, Managing Partner @ Ventech
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