Bitspiration - 
Tuesday May 21st, 2024

What does the investment process look like? 

After receiving a pitch that fits our criteria, one of the partners begins managing the transaction. They meet with the founders and enter the startup’s data into our database, noting everything they consider important and what they have gathered from the founders and the market so far. We evaluate projects every two weeks. If the majority decides it is worth discussing further or learning more, two partners meet with the founders to understand the project’s competitive advantage and gather additional materials. This usually takes about one month.

After this stage, we have an internal discussion and try to make a decision. If we are in favor, we prepare a preliminary term sheet and start working on the investment agreement. The entire process takes up to three months.