What do venture capitalists really look for in a startup and what makes the healthcare sector so attractive to entrepreneurs? We talked to Min-Sung Sean Kim, a venture capitalist with digital health investors XLHEALTH in Berlin.
When the subject turns to startups, if it’s not Silicon Valley, it’s cities like London and Berlin that usually spring to mind. But there are rewards to be found looking further afield, for example, to Germany’s Rhine-Main region, or to Africa and the Kenyan capital of Nairobi.
You have an idea, a team, and a business model – it’s time to found a startup! This checklist will indicate whether your plan will pass the acid test.
Startup life isn’t easy, especially early on. To convince an investor, you need to have a really good business idea and the ability to get it across – which is exactly what fresh startups learn in the Accelerator programs in Darmstadt and Nairobi. Twice a year, three startups get the opportunity to exchange ideas with experts, to benefit from mentoring, and to connect with important investors.
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