A venture capital (VC) investor usually has 7-10 years to exit, while the median tenure of startup employees is 2 years. We should be as rigorous when choosing investors as when hiring! A common piece of advice passed around all the time among founders is to not underestimate the time and effort that fundraising takes. After just wrapping up Versiro’s seed round, I can add even more empirical evidence to this advice 😅 Over the years, I’ve met a lot of investors. I still remember vividly meeting my first one, though. A naïve researcher knowing absolutely nothing about the VC world, tunes in to a seminar session organized by the REACH program at the Nordic Innovation House - Silicon Valley. Arne Tonning from Alliance VC pops up on the Zoom call, and explains how VCs work. We stayed in touch ever since, and he’s always been helpful and responded whenever I reached out. Being a supportive is important, but just one part of the relationship. We founded Versiro because we were crazy enough to believe we could make a difference in the energy transition 🌍 We have a clear vision of how we want the future to be and try to shape the present into it. Everyone in Versiro work together as a team to accomplish this vision. Investors should ideally do the same. Arne and Alliance VC did their homework on this, properly understanding what we do (Arne even owns his own power plant) and being aligned whenever we discussed vision and strategy. The following Medium article by them that outlines why they invested in Versiro perfectly illustrates this: https://lnkd.in/d_KCMFai Thanks for the support and trust to all our investors! We’re looking forward to the cooperation 🤝
Arne Tonning
1mo
Principal at DNX Ventures
1moJoining forces early on with the right partners can many times make or break the startup journey. Versiro is on a great trajectory and Arne is one definitely worth having in your corner - congrats to all involved!