We have successfully completed the incubation within the Startup Platform in the WAB hosted by Puławy Science and Technology Park.
Our presentation during Demo Day was awarded and we are preparing for InfoShare in Gdansk. Thank you for your inquisitiveness of experts and asking intriguing questions during Demo Day.
Need for changes in the way VC funds communicate with their investors
Direct investments in Startups and VC funds are still rare on the Polish capital market. The model of communication with investors used by VC funds, especially the lack of periodical information about fund’s results does not, in our opinion, contribute to the improvement of this situation.
As part of Genprox, a company specialising in servicing VC funds and their portfolio companies, we noticed this need on the market. This allowed us to create a reporting platform, Fundequate, where VC funds can transparently communicate with investors by reporting to them financial and qualitative data of their portfolio companies and sharing information about the performance of the entire VC fund.
Although we work with VC Funds, Investors and Startups on a daily basis, creating your own Startup is not easy. We worked in a lean canvas system and as part of the incubation we had a number of inspiring workshops and consultations such as:
- value proposition
- customer segment
- customer relationships
- key activities
- communication/distribution channels
- business model.