What we do
We support entrepreneurs
We have a sixth sense for selecting unique investing opportunities with growth ambition and potential. We actively support entrepreneurs taking them to the next step and make them - even more - successful.
This is how we do things differently
We work with entrepreneurs to help them succeed
We think like entrepreneurs
Instead of following a strict investment mandate, we prefer work in a flexible way
Like an entrepreneur, we seize opportunities, focusing on ‘how to get it done’, not ‘if we can get it done’
We are eager to help in any way we can, knowing we don’t (want to) sit on management’s chair
We focus on bringing more than funding
A superior network, due to our own active, value-adding investors
A pragmatic mindset
A lean & mean funding process
Experience in scaling, from hiring rockstars and developing business plans, to follow-on funding and the dream exit
We operate based on these values
Fast is better than slow
Act upon first principles and never ‘just’ follow the herd
Be transparent and don’t waste each others time
Have a can do, run through walls attitude. No excuses
Enjoy what you do (and have fun whilst at it)
... read more below
What is deal-by-deal venture capital?
Why don’t you want to raise a fund?
Funds have benefits but are also highly inflexible. Having a fixed mandate that’s agreed on with fund investors, VC funds cannot deviate to different business models, geographies, or opportunity sizes although they might be the next Adyen. Also, we like to target more active investors who’d like to have a say in what happens with their money.
Doesn’t the process take much longer than for funds?
Generally not because we aim to be lean & mean in our processes. At the moment we agree on a term sheet, we start fundraising as well as start due diligence and legal processes simultaneously. This means we’re hitting multiple birds with one stone and can go from term sheet to closing in 5-8 weeks, assuming you’ve got nothing to hide :)
Who are your investors/ No Such Friends?
A great mix: many (serial) (ex-)entrepreneurs, who successfully exited their companies and want to support others do so as well. Also, we’ve got CEOs of global companies, advisors/consultants, and family members investing their family capital together. Moreover, our full team is personally co-investing so we have the same level of commitment. All these people and their networks combined have invaluable cross-industry and cross-country expertise that we’d like to share with you!
Is not having a specific industry focus the same as being unfocused?
What are your investment criteria?
How are your deal terms different from other VCs?
There are many flavors and types of deal terms. Living by our mission to democratize and attitude to be flexible, we try to be as pragmatic as possible. We like to invest in the highest existing share class, which often are common shares. We don’t need any liq prefs if they aren’t there already. Also, we don’t like complex governance structures or setting up boards for the sake of having a seat. We like pragmatic decision-making processes and will try to set that up together with you.
Do you have skin in the game?
Can you co-invest?
Do you accept non-Dutch companies?
Definitely! Amsterdam is our home but the world is our playground. As we’re established in Amsterdam, we have a big network in the Netherlands but our investments in VROMO (Ireland) and Vendora (Greece/Netherlands) show we don’t back off!
What is your biggest tip to fundraising founders?
What kind of documents would you like to receive from founders?
An overview can be found here: [LINK]
How we work
As an investor, what can I expect from you?
How do I apply to invest via No Such Ventures?
Using this link [LINK TO FORM] and filling your details. We gladly invite you over for a cup of coffee to determine if we’re a match.