Business angels

LeQuid, dentro de su compromiso con la creación y desarrollo de Start ups en territorio nacional como impulsor de la economía y de las nuevas tecnologías, acudió a este acto promovido por la ESADE Business School y la Fundación Rafael del Pino.

El día 26 de Septiembre de 2.012 se celebró en Madrid, el tercer evento de “Start up Spain”,  jornada organizada por ESADE Business School y la Fundación Rafael del Pino, coordinada por Javier Santiso, director académico de ESADE Geo y Presidente del OECD Emerging Markets Network (EmNet), que generó gran repercusión en el entorno empresarial español ante la calidad de los asistentes y en la selección de la temática a debatir en sus mesas redondas.

Business angels

LeQuid, under its commitment of the creation and development of Start ups throughout Spain as a driving force for the economy and new technologies, attended this event promoted by ESADE Business School and the Radael del Pino Foundation.

Business angels

LeQuid, under its commitment of the creation and development of Start ups throughout Spain as a driving force for the economy and new technologies, attended this event promoted by ESADE Business School and the Radael del Pino Foundation.


En representación de LeQuid asistieron Luis Miguel de San Nicolás y Sor Arteaga a la jornada, que estaba organizada en dos mesas redondas, en las que, bajo distintos puntos de vista se trataba la problemática de la financiación, bajo una dinámica cercana con los asistentes que llenaban el auditorio.

La primera de las mesas redondas, por título “Emprendedores españoles en la diáspora en Estados Unidos y sus business angels extranjeros compartiendo experiencias”, moderada por el propio Javier Santiso, contó con la asistencia, virtual y física, de varios emprendedores españoles junto con sus business angels e inversores que analizaron desde ambos puntos de vista la tan importante cuestión de la financiación de las Start Ups, aportando la experiencia, el conocimiento adquirido a través de sus diversas operaciones y los puntos más importantes para hacer frente a la financiación.

Los ponentes resaltaron varios obstáculos a los que han hecho frente de cara a conseguir financiación en Silicon Valley, como el alto coste de vida del valle, la opacidad dentro los círculos inversores a los que es muy complicado acceder, pero destacaron la posibilidad de estar entre las grandes empresas, en un ambiente de innovación, estar junto a la competencia y conocer de sus planes, y la gran cantidad de dinero que busca ser invertido en proyectos interesantes.

Con el título “¿Debería quedarme o debería marcharme? Experiencias de fundraising y de emprendimiento en España y en el extranjero” se trató la eterna duda de cara a la consecución de financiación para las Start Ups, mediante financiación nacional o internacional, la mesa redonda fue moderada por Luisa Alemany, directora de ESADE Entrepreneurship Institute y profesora de ESADE, con importantes ejemplos de ambos tipos de financiación.

La mayoría de los ponentes señalaron la dificultad de conseguir financiación en territorio nacional para las primeras fases de desarrollo del negocio (acudiendo a familiares y amigos cercanos para financiar el proyecto), que se suavizan al conseguir asentarse en el mercado y buscar financiación para expandirse. Por ello, se suele acudir a inversores extranjeros para conseguir financiación con mejores condiciones.

Los emprendedores, según las directrices de los moderadores, fueron exponiendo las diversas fases para la financiación de sus proyectos, plasmando el distinto recorrido que llevaron a cabo para lograr que su “idea” tomase cuerpo, creciese y se desarrollase. Todos ellos compartían, a través de su propia experiencia, la importancia de cumplir una serie de condiciones que pasamos a señalar:

  • Motivación. Para que una idea logre gestarse en una compañía, todos compartían que se ha de creer en ella y trabajar sin dudar, puesto que habrá muchas trabas que sin un ánimo alto de seguir adelante, pueden hacer que el proyecto no se lleve a cabo. Por lo que se ha de ser muy optimista, ya que cada fase a la que te enfrentas siempre parece de mayor complicación que las previas, pero una vez superada aprecias que no es así.
  • Ecosistema. Se ha de empezar allí donde se permita al producto crecer, donde haya interés por lo que se está gestando como proyecto y donde tenga cabida dentro del mercado, puesto que si no se está en el mercado apropiado es muy complicado que, aunque sea una gran idea, llegue a prosperar, y lograr la financiación necesaria para ello.
  • Flexibilidad. Todos ellos consideraron imprescindible para el desarrollo y éxito de su negocio la capacidad de cambio desde la idea inicial al producto que se acaba vendiendo. Adaptándose al ecosistema, las condiciones de financiación y el asesoramiento por parte de los profesionales con los que llegan a acuerdos de financiación. En resumen, señalar que no hay problema si se fracasa, siempre hay que capitalizar los errores.

Por otra parte, los inversores y los business angels que tomaron parte en el evento, procedentes de todas partes del mundo, señalaron la capacidad de los emprendedores españoles de conseguir grandes progresos con un equipo de trabajadores reducido, poca financiación, y la capacidad de arrancar rápidamente en busca de clientes. También señalaron algunos puntos por los que se orientan a la hora de decidir sobre su inversión o no en las diferentes Start Ups, como destacamos en los siguientes puntos:

  • Mentalidad Global. La mayoría de ellos consideran necesario financiar compañías, que exista ambición global, aprovechando las posibilidades y facilidades que actualmente hay, la posibilidad de llegar al mayor número de mercados, y por tanto la escalabilidad del proyecto.
  • Pasión. Creer en lo que se está haciendo, trabajar por ello, y como los propios emprendedores señalaron, contar con una motivación que haga que los problemas que conlleva emprender no les hagan detenerse. Que el fracaso les sirva como formación y haga más fuerte a la compañía.
  • Orden. Dentro del proceso de creación de una compañía, existen diversas fases, los inversores aprecian que se actúe de forma organizada y sostenida, planteándose objetivos a corto plazo. Señalaban que se puede empezar siendo muy pequeño, pero haciendo cosas grandes.

El evento fue un completo éxito, tanto en asistencia como en seguimiento virtual, siendo trending topic en Twitter a lo largo de su desarrollo, y sobre todo por la calidad de los ponentes, que a través de su experiencia fomentan la cultura emprendedora en España.

LeQuid, cuenta con gran experiencia en el asesoramiento legal (a través de sus departamentos de derecho mercantil, de nuevas tecnologías y de responsabilidad social corporativa) y fiscal al empresario en cualquiera de las fases de desarrollo en la que se encuentre, colabora con varias aceleradoras de start ups y estamos comprometidos con los emprendedores desde el comienzo.

 

LeQuid The J.Dutilh Business Law Firm

On the 26th of September 2012 in Madrid the third “Start up Spain” event was held, a conference day organised by ESADE Business School and the Rafael del Pino Foundation. It was coordinated by Javier Santiso, academic director of ESADE Geo and President of the OECD Emerging Markets Network (EmNet). This caused a great impact in the Spanish business sector for the quality of the attendants and in the selection of the theme to be debated in the round tables.

Luis Miguel de San Nicolás and Sor Arteaga represented LeQuid. The day was organized into two round tables, in which, the problems of finance were discussed from different points of view, using a close dynamic with the attendants that filled the auditorium.

The first round table was titled “Spanish entrepreneurs in the diaspora in the USA and foreign business angels sharing experiences”, and was moderated by Javier Santiso, It had both physical and virtual participants, consisting of various Spanish entrepreneurs together with business angels and investors that analysed, from different points of view, the very important question of financing of Start Ups. The attendees provided their experience and knowledge, acquired through their diverse operations and most important points in order to address the finance issues.

The speakers highlighted various obstacles that they have faced in trying to achieve financing in Silicon Valley. As there is a high cost of living there, the investment circles are difficult to access. However, they highlighted the possibility of being amongst the largest companies, in an innovation environment, being amongst the competition and knowing their plans, as well as the large quantity of money that is looking to be invested in interesting projects.

With the title of “Should I stay or should I go? Experiences in fundraising and of the Spanish and foreign business” the second round table was about the eternal doubt concerning achieving finance for Start Ups, through national and international financing. This round table was moderated by Luisa Alemany, director of ESADE Entrepreneurship Institute and teacher at ESADE, and had important examples of both types of financing.

The majority of the speakers identified the difficulty of achieving financing nationally for the first phases of the development of a business (turning to family and close friends for the financing of a project), which is made easier by being able to settle in to the market and looking for financing in order to expand. To do this, it is common to turn to foreign investors in order to obtain financing with the best conditions.

The entrepreneurs, according to the guidelines of the moderators, set out the diverse phases for the financing of projects, capturing the different journeys that they carried out for their “idea” to take shape, grow and develop. They all shared, through their own experience, the importance of complying with a series of conditions, displayed below:

  • Motivation. For an idea to develop in a company, everyone agreed that the idea must be truly believed in, and that one must work without doubting anything, given that there may be many obstacles that, without high motivation to keep going, may stop the idea from being carried out. For this reason one must be very optimistic, because each phase that is faced with always seems more challenging than the last, but once they are overcome, it will be easy to realise that it is not really like that.
  • Ecosystem. One must begin in a place where the product is allowed to grow, where there is interest for its development as a project and where it fits within the market. This is because if it is not in the appropriate market it is more difficult, although it may be a great idea, for it to prosper and achieve the necessary financing for the project.
  • Flexibility. They all thought that the capacity for change, from the initial idea to the product that ends up being sold, was essential. Adapting to the ecosystem, the financing conditions and the advice on behalf of the professionals with which finance agreements are made. To sum up, they indicated that it is not a problem if it fails, as long as errors are capitalized.

Additionally, the investors and business angels that took part in the event, coming from all over the world, highlighted the capacity of Spanish entrepreneurs for achieving great progress with a reduced team of workers, little financing, and the capacity for starting quickly in search of clients. They also highlighted some points as to why they leaned towards deciding on investing, or not, in different Start Ups, as we show in the points below:

  • Global Mentality. The majority of them considered that it was necessary, when financing companies, that there is global ambition, making most of the possibilities and facilities that exist nowadays, the possibility of entering into the largest number of markets, and therefore the scalability of the project.
  • Passion. One must believe in what they are doing, work for it, and as the entrepreneurs highlighted, have enough motivation so that the problems that might be faced do not stop the project from developing. Failure should be seen as training and make the company stronger.
  • Order. Within the process of creating a company, there are different phases, the investors value working in an organized and sustainable way, considering short term objectives. They expressed that one may start small, but do big things.

The event was a complete success, with high attendance as well as a high virtual following, having been a trending topic in Twitter throughout its development. It was a success above all due to the quality of the speakers, who through their experience encouraged the entrepreneurial culture of Spain.

LeQuid has a vast experience in tax and legal advice (through its commercial law, new technologies and social corporate responsibility departments) for companies in any phase of development. LeQuid collaborates with various Start Up accelerators and is committed to the company from the very beginning.

 

LeQuid The J.Dutilh Business Law Firm

On the 26th of September 2012 in Madrid the third “Start up Spain” event was held, a conference day organised by ESADE Business School and the Rafael del Pino Foundation. It was coordinated by Javier Santiso, academic director of ESADE Geo and President of the OECD Emerging Markets Network (EmNet). This caused a great impact in the Spanish business sector for the quality of the attendants and in the selection of the theme to be debated in the round tables.

Luis Miguel de San Nicolás and Sor Arteaga represented LeQuid. The day was organized into two round tables, in which, the problems of finance were discussed from different points of view, using a close dynamic with the attendants that filled the auditorium.

The first round table was titled “Spanish entrepreneurs in the diaspora in the USA and foreign business angels sharing experiences”, and was moderated by Javier Santiso, It had both physical and virtual participants, consisting of various Spanish entrepreneurs together with business angels and investors that analysed, from different points of view, the very important question of financing of Start Ups. The attendees provided their experience and knowledge, acquired through their diverse operations and most important points in order to address the finance issues.

The speakers highlighted various obstacles that they have faced in trying to achieve financing in Silicon Valley. As there is a high cost of living there, the investment circles are difficult to access. However, they highlighted the possibility of being amongst the largest companies, in an innovation environment, being amongst the competition and knowing their plans, as well as the large quantity of money that is looking to be invested in interesting projects.

With the title of “Should I stay or should I go? Experiences in fundraising and of the Spanish and foreign business” the second round table was about the eternal doubt concerning achieving finance for Start Ups, through national and international financing. This round table was moderated by Luisa Alemany, director of ESADE Entrepreneurship Institute and teacher at ESADE, and had important examples of both types of financing.

The majority of the speakers identified the difficulty of achieving financing nationally for the first phases of the development of a business (turning to family and close friends for the financing of a project), which is made easier by being able to settle in to the market and looking for financing in order to expand. To do this, it is common to turn to foreign investors in order to obtain financing with the best conditions.

The entrepreneurs, according to the guidelines of the moderators, set out the diverse phases for the financing of projects, capturing the different journeys that they carried out for their “idea” to take shape, grow and develop. They all shared, through their own experience, the importance of complying with a series of conditions, displayed below:

  • Motivation. For an idea to develop in a company, everyone agreed that the idea must be truly believed in, and that one must work without doubting anything, given that there may be many obstacles that, without high motivation to keep going, may stop the idea from being carried out. For this reason one must be very optimistic, because each phase that is faced with always seems more challenging than the last, but once they are overcome, it will be easy to realise that it is not really like that.
  • Ecosystem. One must begin in a place where the product is allowed to grow, where there is interest for its development as a project and where it fits within the market. This is because if it is not in the appropriate market it is more difficult, although it may be a great idea, for it to prosper and achieve the necessary financing for the project.
  • Flexibility. They all thought that the capacity for change, from the initial idea to the product that ends up being sold, was essential. Adapting to the ecosystem, the financing conditions and the advice on behalf of the professionals with which finance agreements are made. To sum up, they indicated that it is not a problem if it fails, as long as errors are capitalized.

Additionally, the investors and business angels that took part in the event, coming from all over the world, highlighted the capacity of Spanish entrepreneurs for achieving great progress with a reduced team of workers, little financing, and the capacity for starting quickly in search of clients. They also highlighted some points as to why they leaned towards deciding on investing, or not, in different Start Ups, as we show in the points below:

  • Global Mentality. The majority of them considered that it was necessary, when financing companies, that there is global ambition, making most of the possibilities and facilities that exist nowadays, the possibility of entering into the largest number of markets, and therefore the scalability of the project.
  • Passion. One must believe in what they are doing, work for it, and as the entrepreneurs highlighted, have enough motivation so that the problems that might be faced do not stop the project from developing. Failure should be seen as training and make the company stronger.
  • Order. Within the process of creating a company, there are different phases, the investors value working in an organized and sustainable way, considering short term objectives. They expressed that one may start small, but do big things.

The event was a complete success, with high attendance as well as a high virtual following, having been a trending topic in Twitter throughout its development. It was a success above all due to the quality of the speakers, who through their experience encouraged the entrepreneurial culture of Spain.

LeQuid has a vast experience in tax and legal advice (through its commercial law, new technologies and social corporate responsibility departments) for companies in any phase of development. LeQuid collaborates with various Start Up accelerators and is committed to the company from the very beginning.

 

LeQuid The J.Dutilh Business Law Firm