Having bootstrapped three startups with zero funding, I decided to do a complete career change to become a VC (talk about a plot twist!). Rubbing shoulders with Europe's VC elite as an Included VC fellow and then on the investment team at Pi Labs (Europe's biggest PropTech fund) I had the opportunity to learn from the best.
My mission:
To understand how things work on "the other side" of the table.
I wanted to go beyond the headlines and get the full picture. Why do certain founders get the bag? You know the type - fancy schools, connections for days and the ability to sweet-talk their way into millions with just a doodle on a napkin.
Spoiler alert:
Getting on the other side of the table was an eye-opener. It's not all fancy pitch decks and artisanal coffee. So I had to ignore the mainstream narrative and dive headfirst into the VC trenches. Speaking with 300+ founders and working on multiple deals. I got a front-row seat to the rollercoaster ride that founders face when trying to raise funds and a unique perspective on what makes VC's actually invest.
The โAHAโ moment.
Here's the kicker - I also learned why some founders seem to have the Midas touch when it comes to fundraising. Sure bias, zero connections, and poor pitch skills are all part of the problem. But there was something even bigger missing - something major!
The "AHA" moment is that most founders who lack the "right" network, background or experience were missing it entirely. I saw it with my own eyes, and it blew me away. Now I had to know for sure if I had really cracked the code. So I put my theory to the test and pushed multiple deals with diverse founders through. The results were absolutely fire! ๐ฅ๐ฅ๐ฅ
The Missing Secret:
Backability, baby! Regardless of gender, race, or whether you prefer pineapple on pizza, Backability is the magic that makes investors want to throw money at you. Good news is that it's not just a gift that the chosen few have - it's a skill you can learn and master.
How do I know:
I've actually tested it out. The founders I've worked with are typically the underdogs - underrepresented, first-time founders with zero network, connections, or VC funding to their names. Not only did they secure their first VC round (cue the confetti! ๐).
They've gone on to bag over $5 million in total funding. Cha-ching! ๐ฐ๐ฐ๐ฐ
So Now What:
Sharing is caring. After fine-tuning our insights into a game-changing framework, we're on a mission to help more early-stage founders, especially those from diverse backgrounds, become so irresistibly backable that investors will be lining up to throw money at them.
Why?:
Because founders from diverse backgrounds are like that hidden track on your favourite album - pure gold just waiting to be discovered.
What are we building:
At Backable Ventures, we are crafting a community that's more lit than a tech conference afterparty and more valuable than a black book of VC contacts. We're connecting founders, investors, and partners who are all about flipping the script and changing the narrative. You'll get hands-on coaching, resources and support to help you scale & fundraise like a pro.
The Backable Manifesto:
We're not your average coaching program, accelerator or incubator, dishing out the same old chat about fundraising. Come on, if that worked, we'd all be unicorns๐ฆ prancing through fields of VC money.
At BV we're bringing a fresh, contrarian, and game-changing perspective to the way you think about fundraising and scaling a high-growth startup. Our goal is to change the narrative, level the playing field, and help you secure the bag. Most of all we want to show the VC world that underestimated founders are unstoppable. Perhaps on the way, we can also make fundraising more fun (impossible goal but we love a challenge).
If you're ready to hustle for that fundraising gold and are coachable (can't do it if you have a fixed mindset on the way you think it should be).
Then hop on the Backable express and join the fam!
Trust us, this is one ride you don't want to miss. ๐ช๐พ๐๐ฐ