Andy Lürling is the founding partner of Lumo Labs. He discusses the capitalization of portfolio startup VRee with host Nathan Latka.
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“It's our first round plus a grant from the government which in, in total is a bit less than half a million.”
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More from Andy Lürling
Disclosure
Lürling: Lumo Labs takes a 30% equity stake in startups
“We've taken a substantial part as it is, we are really talking about early States companies, which either only have a demo or not even a demo. We take 30% off the shares.”
Andy LürlingMar 20, 2017▶ 2:49EP 604: Lumo Accelerator Invests $150k in VRee To Give You Full Body Virtual Reality Experiences with CEO Andy Lurling
Disclosure
Lürling acts as CEO for two of Lumo Labs' portfolio companies
“I totally understand, and that's more or less also what I do in, in at this .2 of the three companies we invest in, where I currently are the chief executive officer.
[363] Nathan Latka: This is Willow VR studios free and bike clip, right?
[367] Andy Lürling: …”
Andy LürlingMar 20, 2017▶ 5:51EP 604: Lumo Accelerator Invests $150k in VRee To Give You Full Body Virtual Reality Experiences with CEO Andy Lurling
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