Regular readers know by now that I crowdfund invested in a disruptive Dutch software startup called BStriker. Since this was my first investment ever I was not well prepared for what was going on in startups, so I got in touch with the founders. There was a lot to learn for me. As an early investor you hope that 1 round of funding will be enough to concur the universe, but that is wishful thinking of course. Building an enterprise takes time and thus money. “We” already have a sell-able product and customers paying the bill, so that part of the plans has worked out fine. Now BStriker is looking for extra funding to accelerate growth and they’re doing this using a convertible loan. This is a smart idea because it protects current investors (me) from watering down at too low a valuation (now) and gives new investors (you) the opportunity to become shareholders at a nice discount.
Below you will see one of the regular updates the CFO John Berkeljon posts to the current shareholders in which he invites the inner circle to help fund this growth. It was OK to share this one with you, so this means it is available for all serious parties. Normally this type of loan is only available to professional parties, but now you can participate for as little as 5000 Euro.
Feel free to contact me if you have questions.
Remember : only invest what you are prepared to lose!
More articles about BStriker
John = John@BStriker.com
Lars = Lars@LarsBoelen.nl
Update 15-12-2014: Two more customers boarded our ship today!!