DIGITAL ENTREPRENEUR HAMBURG

advisors Archive

Donnerstag

4

April 2013

0

COMMENTS

Due diligence – what is important for digital acquisitions?

Written by , Posted in Finanzierung

Over the last month we have supported a wide range of acquisitions in Germany with eTribes. On the one hand we have worked with our clients to identify targets on the other hand we are constantly asked to evaluate business ideas by VC/angle investors or by entrepreneurs who are looking for feedback. In addition, we also have to work with the CEOs of our equity participations to create new business models and to react to a digital environment that has really picked up speed. Through these various mandates and evaluations a range of points have come up again and again – so I am now publishing a quick summary. I am hoping that some of it will save me from hearing the same catch phrases over and over again e.g. if I had a dime  for every time a marketing plan consist of „it will go viral“  I could probably buy Apple. Team Probably one of the most overused catch phrases is „team is everything“ but again it is absolutely true. Give me an A team with a B idea anytime over a B team with an A idea. Therefore, we pay  lot of attention to the skill set of […]

Mittwoch

20

Februar 2013

0

COMMENTS

eTribes Business: StartUp-Roundtable am 19. März 2013 – come see Alex in action!

Written by , Posted in Allgemein

Liebe Mitglieder und Freunde von Hamburg@work, Woche für Woche sprießen neue StartUps wie Pilze aus dem Boden. Es lockt der Traum der Selbstständigkeit mit der zündenden Idee. Doch nicht jedes StartUp kann zum Knaller werden. „Rising Star oder Flop! Ist Erfolg eines StartUps planbar?“ heißt das Thema unseres nächsten StartUp-Roundtables am 19. März 2013: Wie bewerte ich, ob mein Geschäftsmodell erfolgreich sein kann? Der ‚Proof of Concept‘ ist erbracht; aber wie bringe ich meine Idee zum wahren Erfolg? Auf welche Faktoren kommt es dabei wirklich an? Auf diese und viele weitere Fragen zur erfolgreichen Umsetzung einer Geschäftsidee, werden Ihnen unsere 4 erfahrenen Podiumsteilnehmer in der moderierten Diskussion Antworten geben. Freuen Sie sich mit uns auf: Jörg Binnenbrücker; Geschäftsführer von DuMont Venture, Beteiligungs-Unternehmen für digitale Medien & IT sowie Capnamic Ventures, dem neusten Multi-Corporate Fonds. Alexander Graf; Gründer und Geschäftsführer der eTribes Framework GmbH sowie Herausgeber von kassenzone.de. Katharina Wolff; Bürgerschaftsabgeordnete der CDU und erfolgreiche Gründerin der Personalberatung „Premium-Consultants„. Christian Richter; bekannt als Serial Entrepreneur, gehörte z.B. zu den Initiatoren von radio.de; heute Geschäftsführer der internationalen Digitalagentur Spoiled Milk. Weitere Informationen zu den Podiumsteilnehmern finden Sie hier. Ablauf: Einlass: 18:00 Uhr Beginn: 18:30 Uhr Networking: ca. 20.30 Uhr Im Anschluss an […]

Mittwoch

17

Oktober 2012

0

COMMENTS

(b) Bankers, accountants, lawyers, consultants, fund raisers – how to deal with eCFO service providers

Written by , Posted in Strategie

Lawyers Depending on your business you should consider building a junior legal presence in your business to avoid having to pay high hourly rates for all legal related questions. This is especially important if you deal with legal questions, contracts etc. on a regular basis. If you do have to hire a lawyer always go for the best and somebody with specialized knowledge. If your counter party has to negotiate with a highly qualified lawyer it will save you more money in the long term compared to paying a slightly lower hourly rate. I would not engage one lawyer for everything but instead get an expert for each topic and use them as needed. That means a lot meetings and time spent on searching for various lawyers but it also means that you will get expert advice for each questions you might have. I would advice against large firms since work will usually be done by junior associates and you will only meet the partner for sales negotiations and billing purposes. Stick with small, specialized firms that know what they are talking about and do not have a deep hierarchy. Also note that lawyers will never tell you yes or […]

Montag

1

Oktober 2012

0

COMMENTS

(a) Bankers, accountants, lawyers, consultants, fund raisers – how to deal with eCFO service providers

Written by , Posted in Strategie

As an eCFO you will have to deal with a range of different service providers. While making good decisions in this area help you to substantially improve your operations and allow you to run the business effectively, making bad decisions can be very costly to you and your new venture. I would recommend that you first understand your business well and then look for advisors. You should strategically pick advisors who understand your business and can help you develop it further. As a start-up you should have a good combination of old, reputable wisdom and young, start-upish advisors who will help you to rapidly grow the business. I have selected a few categories of advisors and provided my personal opinion of each. It would be interesting to get some feedback regarding your experience and “best practice for working with start-up advisers!” eCFO Tips: Always do a beauty contest when it comes to selecting advisors/service providers. No matter how small you are, always have at least 3 potential advisors compete for business. You will learn a lot through these interviews and it will be time well spent. Make sure you also invite people from various background e.g. individuals, small, medium and […]