Last week we participated at ATEC (Aachen Technology Entrepreneurship Conference). The venue took place in a cool location, the castle of Rahe. At the same time the Business Angel Day was hold, so we could present CoboCards to potential investors. Yesterday we were at the European Venture Summit in Düsseldorf. When we started with CoboCards we didn’t imagine being part of such events. But we were. I guess winning the start2grow award was a door-opener.

In both events we have done a short presentation about our vision and our concrete plans for the future. In one sentence: To become the most common tool for “microcontent learning” based on the Freemium business model concept.

Unfortunately, there weren’t enough business angels at the BA-Day. Hence, only a few interesting chats. At the EVS we had the possibility to arrange 1-to-1’s with venture capitalists to figure out potential funding.

Our conclusion:

Events with business angels could be worth to go if there are enough interested business angels. This was not the case until now though. On events with venture capitalists there are those who want to get millions for their investments and those who show off with millions of revenues just to get attention. We have realised that this is aloof from our world. Most probably we will not participate at VC events anymore.

Should a business angel read this and be interested in supporting a young, dynamic team, he could drop us a line though 🙂