Sep 12, 2023
VC10X - Gaming Strategies For Startups - Alvaro Alvarez, Partner, Boost Capital Partners
In this episode, Prashant interviews Alvaro Alvarez, a Partner and co-founder at Boost Capital Partners. Alvaro has 12+ years of experience investing in startups and has backed around 100 companies at or before seed stage, including Deliveroo, Supercell, Zencargo, Hutch Games and Tenor. Boost Capital Partners is a new firm dedicated to backing seed & pre-seed startups and helping them achieve gaming level of engagement in their products.
Here are some of the main topics discussed in this episode:
1. Applying Gaming Strategies to startups to improve engagement
2. Importance of managing biases in investing
3. Alvaro's approach to spotting potential startup winners
4. Fundraising journey and deployment strategy for $40 Million Fund 1
5. Role of an investor director on startup boards
6. Lessons learned from investing in startups
7. Perspective on the current market conditions and advice for startups
Now, let's dive into some key takeaways and lessons from the discussion:
- Investors should prioritize backing people rather than relying solely on validation or data. Building relationships with founders is crucial in making investment decisions.
- Characteristics like resilience, adaptability, and humility are highly valued in potential startup winners.
- Fundraising requires perseverance, coping with rejection, and finding partners who believe in your vision.
- Boost Capital Partners focuses on software and invests in various sectors, including healthtech, fintech, and entertainment.
- Startups are advised to manage their cash and focus on profitability, regardless of market conditions.
If you want to gain insights into gaming mechanisms, learn about managing biases in investment decisions, and discover tips for startup success, this episode is a must-listen!
Links mentioned:
Boost Capital Partners website - https://boostcp.vc
Follow Alvaro on Linkedin - https://www.linkedin.com/in/alvaroalvarezdelrio/
Follow Boost Capital Partners on Linkedin - https://www.linkedin.com/company/boost-capital-partners/
Hosted by Prashant Choubey - https://www.linkedin.com/in/choubeysahab/
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