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How not to go bankrupt by
Investing in Early-Stage Startups*
@fogeldavid for Founders Club Hamburg 2013
A successful Company
*Inspired by Tetuan Valley Angel School
Page 2
Chief technician and Head of defense
systems for the Vulcan phalanx & Barak
Systems on the Israeli command ship
Co-founded a special software
development department focused on
providing innovative solutions to the
finance and telecom industries.
#1 Bank in Israel
#2 Bank in Israel
#1 Telco in Israel
#1 Investment
house in Israel
4 years 5 years
Working with innovative and early
stage tech startups. Worldwide
M&A and strategy Consultant
4 years
David Fogel
How not to go bankrupt by
Investing in Early-Stage Startups*
@fogeldavid for Founders Club Hamburg 2013
A successful Company
*Inspired by Tetuan Valley Angel School
Do Not INVEST
A Question
Can I invest EUR 1M of your money?
1 5
6 7 8
2 43
9 10
60%
Failure
60%
Failure
Can I invest EUR 1M of your money?
It‘s a Risky Game
Source: Okuri Ventures 2012
But there is GREAT return
Another Question
If you can only have 2
Business Plans
Are out
It‘s about the Team
This is where Angels Play
Source: Startup Genome Report 2012
Don’t do it Alone
Use an Expert
Share the Risk
Angel Networks
Deal Flow Sources
This is where Angels Play
Source: Startup Genome Report 2012
Understand the Game
$500M
Remember
Source: Okuri Ventures 2012
Diversify
And you can Get
Source: Okuri Ventures 2012
+1
fogeld3@gmail.com
@fogeldavid

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David Fogel Hamburg Founders Club_12.09.2013