Andy Lürling, founding partner of Lumo Labs, describes his hands-on role stepping in as executive leadership for portfolio startups.
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“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: Yes.
[368] Andy Lürling: and I'm currently the chief executive officer for both free and pillows Willow as I'm specialist specializing myself in the VR AR market.”
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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: VRee has raised slightly under €500k in seed funding and grants
“It's our first round plus a grant from the government which in, in total is a bit less than half a million.”
Andy LürlingMar 20, 2017▶ 9:19EP 604: Lumo Accelerator Invests $150k in VRee To Give You Full Body Virtual Reality Experiences with CEO Andy Lurling
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