Horus Group 𓂀

"lets talk next round" is the nicest way a VC will ever tell you they dont believe in you yet⤵️

in lisbon for @WebSummit next week, mon to wed at @HorusGroup_ we commercialize and invest in seed-stage tech, from our own balance sheet. mostly fintech, AI and infra looking to meet: - seed funds and angels in those spaces - founders in the same spaces with a working product, raising their seed dm me and lets meet there

Founders will tell you 10 reasons why their valuation should be $20M but have 0 idea on how much (and when) to pay themselves. Here's my take as it's rarely brought up.

people underestimate how much work it takes to be able to raise a 6-fig angel round before anything was live. These checks usually come from people who the founder has spent years in the trenches with. and these checks are also the best as a) they come in with any resources they can provider b) they trust you enough to keep their mouth shut and not push you towards decisions you dont want to make. Meanwhile youre getting ahead since you can use that capital to speed up the go-live motion. And I do see these rounds as a green flag too, if youve worked your ass off and the people around you can write a 50-150k check because they like you, youve clearly done something right.

cheat day, @HorusGroup_ just turned two. Barely anyone who started around the same time is still here. Two years ago at our first offsite I laid out a five year plan, today im grateful to the core team who backed it when there wasn't much to back. Without the team's confidence behind that vision, the friends, the partners, we'd never have got in front of half the teams we've worked with.