Discover What Happens After The Investment

First of all, the money we invest into your company should be invested in marketing or in hiring people or doing clinical trials. So actually it should be invested according to the business plan you provided to us during the dual diligence situation. So it’s not like we make a contract and we give you your money and then the discussion starts. Okay, what do I do with the money? No discussion is upfront. You provide financial planning. We are looking into it, we want to understand why you spend the money here? Maybe we ask, are you really sure that (you can) make this revenue with the spending in marketing or things like this? Do you really think that this clinical trial will only take six months? Isn’t it actually more common that it is up to a year? How many patients? All these things is part of the dual diligence and in the end, the financial plan is part of the contract. So in the dual diligence, we look deeply into the financial planning of the company, and then we discuss it with the founders and then there might be changes because we come to a common understanding. Okay, that’s how the money should be spent orwe need more money here or less money there. It’s the discussion, and so once we come to sign a contract and the money is on your account, there is actually, at least for the next five months, a plan in place. Where, it’s pretty clear where the money is spent. Usually with investors you have a situation where we have no people in your shareholder meeting who ask questions, who want to be involved, who want to have a monthly call or financial reporting depending on the situation of your company. So it gets a bit more formal, especially when the first investor comes into the company, it gets a bit more formal because institutional investors tend to have their own formal requirements and they need to put part of it into the investment companies to be able to meet their own requirements. So timetables, reporting calls, but on the other hand, you get a partner you can approach, a hands on fund, like our fund will be able to support your company. To help with questions, to open doors and help with the context, and you can have monthly management meeting. You can have connections to our network of investors or to our other portfolio companies. That’s the positive change. Investors, iIt’s not only writing a check, it is about talking about strategy, understanding the business, and providing input, support and connections, network.