#0433: Angle investors
Expørt: Reetta Ilo
International Affairs Manager
Med lørner Silvija Seres
Silvija talks to Reetta Ilo, International Affairs Manager for FiBAN, about how you must first invest time and effort before you can expect investors to trust you with their money. This Finnish association of investors are on a mission to inspire private investment and she describes their work as connecting the connectors on this episode of #LØRN.
Noen kjappe med ekspørt Reetta Ilo
Head of Funderbeam Scandinavia
Who are you and how did you become interested in technology?
I think that everyone born in the 80s, 90s and 00s probably grew up programmed to be interested in technology.
What is the most important thing you do at your work?
Connecting the connectors.
What are the central concepts in your tech? How do you usually explain it to kids?
The central concept is to scale analogue trust-building to facilitate investments in a digital environment.
Why is it exciting? What drives you here?
It is exciting because it is an ambitious and difficult task, and it is motivating to be at the forefront of building new ways to fill in the gaps in current methods.
What do you think are the relevant controversies?
Our tech allows regular people to co-invest and buy shares in companies to which they would otherwise never have access, on the same terms as lead investors.
Who are your customers?
We operate in a two-sided marketplace, so our customers are both amazing founders and smart investors.
What do we do particularly well in Norway or in your country?
Recommended reading / viewing for further study for our listeners?
When Nietzsche Wept, by Irvin D. Yalom
A favourite future quote, as a gift to our audience?
The quote should come from our conversation.
Suggestion (formulated from a passage in the transcript): In Norway, Finland and Estonia, we are too small – especially with regard to angel investors, just investing in a few of their closest friends. We must understand the value of collaboration.
If people are to remember only one thing from our conversation, what would you like it to be?
Dette lørner du:
When Nietzsche Wept Novel by Irvin D. Yalom
Our tech allows regular people to co-invest and buy shares in companies they would otherwise never have access to, on the same terms as lead investors.How to develop a better collaboration terms so more startups get in touch with angles investors?
Dette er FiBAN
Finnish Business Angels Network (FiBAN) is a non-profit association of private investors on a mission to inspire private investments. The network is one of the largest and most active business angel networks in Europe with over 650 approved members.The network’s three main activities consist of 1. Matchmaking of startup and investors, 2. Sharing of best practices and 3. Representation of the private investors’ interest.
Engel investorene deler sin kunnskap, sitt nettverk og gir penger til startups. Hvordan vil konkurransemarkedet utvikle seg når deling og støtte seg imellom blir mer og mer vanlig?