intro to forward partners for jlab - july 2014
DESCRIPTION
Introduction to Forward Partners from Nic BrisbourneTRANSCRIPT
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Building startups in 2014Forward Partners presentation to JLAB 8th July 2014
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Agenda
• Forward Partners– An ecommerce investment studio
• Tools– Customer development– Forward Flow
• Q&A
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Investing from inception to late seed
Late seed: Average c£300k
Early seed: Average c£250k over three tranches
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Customer Development
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The Forward Flow
01-3
4-6 7 8
Idea
Customer discovery
Customer validation
Customer creation
Company building
STEP:
Tranche 1 Tranche 2 Tranche 3 Series-A
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Other stuff we do
• Co-working space• Mentors• Fundraising support• Events
– Forward Partners Live speaker events - Monthly– Forward Partners Open Day – Quarterly– Solo Founders Office Hours – Quarterly
• Free stuff – Amazon credits, Stripe credits, etc.