Would you invest in other founders?

7 reasons why you should consider investing in other founders if you are a founder yourself.

1- You learn what investors are looking for, by becoming one yourself.

2- You are building your own startup… It is very risky. Spread your risk by investing in others.

3- You are most likely part of an accelerator or a network of founders. You have access to investment opportunities at an early (cheap) stage.

4- Because you know the founders, you may be able to invest smaller amounts than professional investors.

5- Your Due Diligence can be one of the best. You know what it is like to be a founder. You are part of the same network. You can get to know them, see how they work, and assess if they would be people you would invest in.

6- By investing in other founders, your investor network will grow. You will be able to build relationships with their investors and contact them for your own venture 💸

7- Investing in startups will expose you to their growth and fundraising strategies. You will keep on learning from them, along the way.

That’s what I have done.

In 2016, when I started my first company, I took the lowest salary I could to save money and start investing in other companies.

Within a few months, I saved EUR 20´000, which I invested in CHOOOSE and RXALL PHARMACY.

Both recently reached Series A.

While I have made some “bad” investments (fortunately only 2), I also learned from that and it sharpened my senses.

Would you invest in other founders? :)