Startups: from funding to first sales (and around...)
A startup project needs cash to launch and start sales. But investors will only be willing to invest from the day the startup can show some customer traction, i.e. sales. How can we break that vicious cycle? Let’s see that with Bit4You, a Brussels-based crypto-assets decentralised exchange, as an example.
José is a serial entrepreneur. He cofounded Skynet.be in 1995, sold in 1998 to Proximus/Belgacom, and cofounded Keytrade in 1998, IPOd it in 1999, and it became a bank in 2003. It was sold to Credit Agricole in 2007, a few months before the crisis. He started investing in startups in 1996. Since then he created several VC funds and is still in the process of creating some more today. As chairman of LeanSquare, the digital branch of Meusinvest (a 450 companies strong structural fund with more than a B€ portfolio value) and a sChairlan of Bit4You he knows both sides of the startups/investor equation and will share his experience with us on these matters.