Venture Passport
Venture Passport is the podcast delivering the inside view of early-stage global markets, brought to you by TAV; the global pre-seed VC shaping the industries of tomorrow.
The show is co-hosted by two VCs, Jack Richardson, and Richard Armstrong, exploring the inner workings behind the creation of thriving tech unicorns, showcasing conversations with leading pioneers and visionaries in the global startup arena.
Venture Passport
S2E1: Carmen Alfonso Rico, VC turned Angel @ Cocoa
This week's episode is with Carmen Alfonso Rico, an in-house VC at Cocoa.
Cocoa is a $17m European pre-seed/seed fund backed by tech founders, designed to not lead rounds, not argue over stakes and not get in the way of other investors.
Previously, Carmen was a Partner at Series A fund Blossom and a very active angel, deploying angel tickets into 20+ companies, including being the first investor in Hopin.
We discuss:
- Why founders need a killer instinct and a heart
- Founder or market; the trade-off cost of missing awesome founders for investing in a TAM which is not typically classed as ‘venture backable’
- The story of Hopin: first cheque, a $6.7bn valuation & an exit
- Aligning founder proposition to your fund model; deciding size, stake, reserve allocation
- Tips for raising a first-time fund