Tag Archives: investment

Tetuan Valley Startup School VI – Session6

Posted by Julie on 16/04/2012 None comments

Tetuanees!

Yesterday, at the last session of our Startup School Spring 2012, we had a great evening and we hope you enjoyed it as much as we did. We were particularly glad to welcome our former interns Fredrik Hoel and Matthew Maxwell and the co-founder of Tetuan Valley, Alex Barrera, who came to see our teams’ progress.

Katelyn did a great recap of the takeaways entrepreneurs  should keep in mind when they leave the program. These include creating a culture from day 1, making noise with their project, defining who their stakeholders are and how to make them happy, how to deal with potential investors and finally the importance of being legally air-tight.

Tetuan Valley Startup School VI (Session 6)
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Then, we had the pleasure to welcome Jose Martin Cabiedes from Cabiedes & Partners, who gave us a look inside the mind of an Superangel investor. He explained to us what differentiates his business model from a simple business angel or a venture capital, what type of relationship they usually maintain with their clients, and what they are looking for into a project. We really thank him for having taken the time to answer to all our questions.

Finally, our teams presented their projects with an incredible punch and we noticed great progress! Lucky for them (or not :) ), Alex gave them a lot of very useful advice that we hope could help them in their future. And moreover for the final DEMO DAY on the 25th of April! During this special and final event of the season, we will welcome all the Tetuan Valley community and we will celebrate the graduation of our current students.

We really hope to see you there; it will be a good occasion to meet new members, share our experiences and like always, eat pizzas! So go get your tickets in Ticketea and see you there!

Here is the video of the session:

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Elevator pitch sucks

Posted by Dapedro on 09/11/2010 2 comments

These series of guest posts are written by the teams attending the Tetuan Valley Startup School 2010 Fall edition. This post is from the control+ad team, formed by David Pedroche.

Every one tell you that you have to write an elevator pitch. When I think about it one image comes to my mind, I see my self talking with a woman and you saying “estudias o trabajas?”.
There is only one situation where you are going to be close to a business angels two minutes, and that is when both of us are peeing and this is NOT the right time to talk about business. We have to take us seriously if we want to look serious. Today it’s easy to get a  5 minutes presentation at an investor forum, there are enough forums where you can reach them.

We are not begging for tips, we want to share a business. They need us, in the same way we need them. The first impression we make on a business angel will define our relationship, if we don’t speak to him face to face no one will take us seriously. Our relationship with venture capital has to be win/win situation.

It’s so important to look confident and professional when we talk to a BA.  They not only test our products and ideas, they will also test our negotiations skills. In the same way we negotiate with them, we will negotiate with our providers and customers.

Venture capital needs ideas and the hard work of the entrepreneur if they invest in a project.  Entrepreneur that at some point don’t want to continue will make the VC  loose his money.

We have to put one clear idea in our minds “money isn’t more important than projects”.