Edition 31: How to make money out of an idea; Venture Capital term sheet guide (a useful one, we promise); Power of storytelling;
Pretiosum Ventures is a venture capital firm investing in niche companies that will shape the Future of Big Businesses. Talk to us if you are building something new at hello@pretiosum.vc.
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MUST ATTEND
Pretiosum Ventures Masterclass: How to Make Money out of an Idea with Fuel Finance
Are you ready to level up your financial game and avoid the common pitfalls that trip up so many founders? Pretiosum Ventures and Fuel Finance are teaming up to bring you an unmissable webinar designed for founders 🎉
📅 Date: Wednesday, 12th June
🕒 Time: 5:00 PM - 6:00 PM BST
📍 Where: Zoom
Why You Can't-Miss This:
👉 Mistakes Founders Make with Finances: Learn from the best to avoid the worst.
👉 How to Build a Financial Model: Get the blueprint for success.
👉 Understanding Unit Economics: Decode the metrics that matter.
👉 And Much More: Dive deep into actionable insights and expert advice.
READS
Venture Capital Term Sheet Guide (HSBC)
Term Sheet Overview:
Economics of the Deal: the economics rights of shareholders;
Control: who is involved in key decisions and to what extent;
Other terms for consideration: such as deel fees and period of exclusivity.
POWER OF STORYTELLING ✍️
Pretiosum GP Yana recently completed "Winning Your Pitch" workshops with the amazing Natasha Jacobs from Black Meteor. The focus was on shaping Pretiosum's narrative, and the results were nothing short of spectacular.
Gone is the fluff – what we have now is a smooth, effortless story. Don't underestimate the power of a well-crafted story for your startup. Storytelling isn't just about presenting information; it's about taking your audience on a journey and making your message relatable and engaging. This is a crucial skill for early-stage founders.
Remember, when we tell our story, people interpret it in their own way. Our job is to make our messages clear and relatable so they resonate with our audience. Often, we assume people understand what we mean, but that's rarely the case. Effective storytelling means not just engagingly talking about your business but ensuring people truly "get it."
Black Meteor has experience working between the entertainment and tech industries, and the grey area between their work has often necessitated training business leaders, politicians, musicians, and celebrities to give public presentations and speeches. Off the back of this, they developed Winning Your Pitch (Business Narrative Workshops).
Black Meteor will teach you the fundamentals of scripting, adapting the narrative, and some basic performance tools which, when used in combination, have instilled founders with even more confidence to go out and fundraise!
We can't recommend these workshops enough and encourage you to read more here.
ATTEND
🇺🇸 5 June
NYC Operators Retreat (New York)
Join the Work-Bench team for a packed day with 125+ of NYC’s top enterprise operators across Sales, Marketing, Product, Developers and more.
The lineup of speakers who have been through the trenches will dive into the art and science of growing your company from zero to that first product, pivotal customer, $1 million in ARR, and more. They’ll reveal the tactics, challenges, and mindset required to overcome these initial hurdles.
🇬🇧 5 June
Unicorn Oasis Startup Party (London)
Gather with Founders, Investors, and SaaS Leaders for an unforgettable evening of quality networking, vibrant entertainment, and an oasis of culinary delights. Escape into a sanctuary of connections and a one-of-a-kind experience!
💻 12 June
Scale me up, Scotty: Building your dream finance team
Whether it’s revenue or staff, turnovers are part of any company’s outlook. However, the latter is proving trickier to curb, especially for startup CFOs and their budding teams. Can hybridity be blamed or did morale get lost in manual processes? This Sifted Talks will look at how to build, nurture and maintain an airtight finance team for the better of your bottom line.
LEARN
👀 We are listening to Does Your Startup Website Pass The First Impression Test? by Y Combinator
When someone visits your website you only have a few seconds to convince them it’s worth their time. So how do you do that? In this episode of Design Review, Aaron Epstein is joined by Zack Onisko, the former CEO of Dribbble, to review user-submitted websites in under 10 seconds and give their first impression feedback. They’ll provide expert advice on how to leverage animation, improve UI and design the most effective messaging for potential customers.
FUTURE OF BUSINESSES FUNDING ROUNDS 🎉
A little bit on Angel Investing 😇:
According to EBAN’s latest statistics from 2022, the UK is still a leading country when it comes to the total amount invested by angels, followed by Germany and France.
Fintech and B2B SaaS were the two most popular sectors for angel investment in 2022. But that has likely changed in the last two years. Judging from the conference’s insights, the hottest topics are, understandably, AI and defence tech.
We curate a list below of Pre-seed and Seed funding rounds in Europe and the US that caught our eye 👀
Malted AI raises $7.6M led by Hoxton Ventures
Data / AI / Machine Learning • Seed • Edinburgh, ScotlandH raises $220M led by Accel, Creandum and Others
Data / Machine Learning / AI • Seed • Palo Alto, CAProduct Fruits, a platform that helps with user onboarding, raised $1.6m in funding from investors including Reflex Capital, Lighthouse Ventures, LVRG and Venture to Future Fund
AI / Machine Learning • Seed • Prague, Czech RepublicLondon-based Viable, a cash flow management platform for e-commerce brands, raised £2.4m in seed funding from investors including Episode 1, Haatch and Portfolio Ventures.
FinTech • Seed • London, UK
Please note that any charts, data, or projections discussed are subject to change without notice, may differ from opinions expressed by others, and are for informational purposes only. They should not be relied upon when making any investment decision. The content speaks only as of the date indicated; Pretiosum Ventures has not independently verified third-party links or sources, nor makes representations about the enduring accuracy of such information.