Ready to invest
In Rainmaking, we are now ready to increase our investments in new projects.
Our business politic is that we want to spread the risk by investing smaller amounts in several projects. We have a margin of expenditure of 1 mill. Dkr. for projects that we start up from scratch ourselves; and a margin of 500.000 Dkr. when we engage in others’ projects.
We cultivate our network of investors, and feel that it is healthy to have to convince professional investors to see the sense in our project. Previously, we have raised 25 million. Dkr. to the development of our existing companies, and we will continue this line of fund-raising.
Now, we are furthermore considering creating a "scholarship"/pre seed arrangement, by which we invest e.g. 100.000 Dkr. in totally new and untested projects. In the States, a guy by the name, Paul Graham, has started a company called Y Combinator by which he makes these kinds of micro-investments; as of today, he has ownership-shares in 145 start ups. We are somewhat tempted to start a similar arrangement in Denmark. In addition to money, we will – just as Paul Graham does – contribute with sparring, networking and ad hoc assistance in regards to e.g. fund-raising, larger contracts, and exit plans.
Do you think that talented entrepreneurs in Denmark will be interested in such an arrangement?