
EUVC
EUVC | E391 | 10x Founders' Nico Schoenenberger on community-driven funds & mastering follow-on investments
Dec 20, 2024
In this discussion, Nico Schoenenberger, part of the Investment Team at 10x Founders—a Munich-based fund specializing in early-stage B2B SaaS and Fintech investments—offers valuable insights on community-driven funds. He explains the art of decision-making for entrepreneurs and the strategic use of follow-on reserves. Nico shares lessons from his journey, emphasizing the importance of relationships in venture capital and how a Pan-European approach can foster entrepreneurial growth. Discover how local scout networks enhance understanding across diverse markets.
59:25
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Quick takeaways
- 10x Founders fosters a community-driven approach, connecting successful entrepreneurs to share insights and resources tailored for early-stage investments.
- The fund emphasizes a balanced strategy of leading and following investment rounds, adapting their approach to capitalize on exceptional opportunities.
Deep dives
Building a Community of Entrepreneurs
10x Founders was established to foster a strong community of entrepreneurs, which is exemplified by the Bits and Pretzels conference. The fund aims to connect unicorn founders and create a supportive network, where experienced entrepreneurs share insights and resources. This unique community grants fund managers a broader access to knowledge, capital, and opportunities that traditional models may lack. The founders' diverse backgrounds and their prior successes in building businesses contribute significantly to the fund's distinctive approach.
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