Our Investment Process
1. The Initial Ask
Founders and Protégé Student VCs come in contact for the first time, be it at an event or else, we will ask about the startup idea, founders’ backgrounds and ask for the pitch deck.
2. Going “Official“
The Students VCs will socialise promising startups within the Protégé Team. Once gaining enough internal conviction, Student VCs together with the Partners will meet the founders in a more structured setting.
We will fire our questions and discuss with the founders if a Protégé investment in the startup makes sense.
3. Meet the Family
The deal team and a sponsoring partner decide to pursue said startup, prepare the investment memorandum, and invite the founder(s) to pitch the startup to the Investment Committee(IC).
Founders should be prepared to answer a final round of questions by the IC.
After internal discussion, our decision to invest Or not invest will be informed to the founders within 1 day.
4. Sign the Paper
Our investment instrument is a KISS note (Keep-It-Simple- Security) popularised by 500 Startups, with a valuation cap and 20% discount.
Depending on investment dynamics, we are open to other instruments as well (e.g. SAFE).
If agreeable by the founders, we will execute the KISS agreement within 2 weeks.