Be more ambitious with First Momentum: How we fuel the potential of the next generations’ tech-entrepreneurs with early initial checks of 20k EUR
by Marlon Malter, Associate, First Momentum Ventures
Today, First Momentum announces a fast track for ambitious founders from day one. To young founders, First Momentum offers an unbureaucratic initial investment of 20k EUR, backed by an active community and a possibility for follow-on financing.
At First Momentum, we are deeply convinced that talent shapes the world of tomorrow.
We believe that the brightest minds of our generation, given the right opportunities, can leverage the technological and human potential for good.
We believe that these people should have access to a fast track for new ventures. They should be able to explore and exploit more significant opportunities in tech and business as well as building faster track records of success.
Ambitious personalities lever their potential by having a strong focus and obtaining intense feedback loops. Setting up clear hypotheses about problem, industry, buyer persona and sales enables them to validate and develop their assumptions. Talented people seek to apply their biggest leverage, pushing their venture and capabilities. The stronger their feedback loops are, the better and faster they build lasting architectures and a track record for success.
How?
By having the right peers and a network for success, talented people come to brilliant ideas and develop themselves further: They develop meaningful relationships with their peers and share knowledge from industry-shapers. Their community often sets triggers for the right actions to take.
By instinctively or consciously creating and obtaining intense feedback loops on their activities, ambitious personalities lever their potential — getting stronger over time. A great foundation for validating assumptions is setting up clear hypotheses about problem, industry, buyer persona and sales.
Great founders first have a strong focus on execution in product and sales. Second, if you put even more power in, feedback loops are scalable. That largely comes by hiring other talents, setting performance marketing in action, and more. Of course, the stronger their feedback loops are, the better and faster they build lasting architectures and a track record for success.
All in all, advantages in active communities and a track record tend to accelerate as they are accumulating. Initial success opens resources for further development. So, talents benefit massively, pushing themselves forward early on and reaching more notable experiments.
So today, First Momentum introduces founder-driven investments into outstanding entrepreneurial personalities in tech — backing them with a very first check of 20k € at a single moment with a fast process.
With our currently 20+ founders of portfolio companies, our world-class mentors and our ambassadors all around Germany, First Momentum is the best gang you’ll ever join.
With our unbureaucratic money (as 20k EUR convertible note with a 20% discount), you can get a scaler mindset early on, hiring more talent and scale early on.
What are we looking for?
In that early phase, we seek talented and ambitious personalities. We love founders with great hustle, showing that they are willing to achieve their goals. They are committed strongly. We enjoy exceptional strengths in tech or sales. While you do not need to have your company registered legally yet (we can help you with that), an MVP and great first customer validation always provide strong signals for Venture Capitalists like us. Another meaningful sign is having gathered great people around you, preparing you to establish the next team of champions. So that is really what founder-driven investment means: We also highly bet on your personality and traits — even before you started that massive business.
Let’s get started: APPLY HERE for our initial checks of 20k €, get to know us and come in touch. We are more than excited to hear from you and build the next big venture together.
As a pre-seed investor, we help your startup to gain its first momentum by backing you with a first investment as well as world-class mentoring, a strong community, and the required know-how. Read more at firstmomentum.vc, stay up-to-date with our newsletter or get in touch through Twitter, Facebook or LinkedIn.
