On our last day in San Francisco connectUS went to visit Ecosystem Venture. Alexander Fries welcomed the delegation in Tim Draps Hero City where Ecosystem Ventures as well as other companies are located. Alexander is a Swiss citizen from Davos who founded and cofounded several companies. He explained to the delegation the different stages of investment when a company at series A or B and what that means for an investor.
Secondly he introduced the different sources for funds you can approach namely; Microfunds, Angel Investors, Accelerators or Crowdfunding. Ecosystem Venture focuses on seed or early stage investments.
Finally he listed 81 facts of what happens to entrepreneurs if they start a company and showed us the biggest mistakes that can kill a start up.
During the onsite trip we had the chance to listen to a big variety of entrepreneurs working in different fields. Once again it was very interesting to hear another perspective and Alexanders honesty was very refreshing.
Afterwards we went to the Google visitor center where we explored its campus by bike.
The last stop of the day was the Intel Museum where we got an isight about the development of computers.