[Portugal] There are four types of crops (bear with me on this) for companies; seeding (seed capital); harvesting (venture capital), selling (acquisition) and consuming (IPO).
In Portugal, each one has their own expression. We have VC’s, we have acquisitions and some IPO’s, but not that many seeders. So, it seems natural that the actual business angels in Portugal should be doing seed capital, but they’re more interested on being just the middle man between the ideia/startup and the venture capital noney. For that they’ll crop up to 10%. So, what history tells us ? Everyone’s killing the middle man and it will be shot at plain sight!
Wait no more, hope is here and we’re starting to see the rise of the newborns, the seeders! The guys that support your startup/idea/project, without the business spreadsheet or the fancy 20 page business plan full of charts. They’re the ones who leverage most of the startup risk, but also the ones who can profit from your business. The best seats of the train are always those upfront, that’s what seed capital hopes and prays for!
Portugal: Seeding the Seeds of Startups
