Nektarios Liolios

And little by little, we started focusing on bringing in a sort of a particular type of theme.

So we had a mobile or an NFC program.

But at the end of 2013, the guys who were running this realized that

To add real value, you need to be super sharp in your focus.

And this is where we started together there.

So we've been talking for a while at that point about doing something together for FinTech and in London.

So then I joined to launch the FinTech program in London with that specific focus.

So we have a bunch of banks and a few other players funding and supporting the program.

No, we don't make investments.

We take equity.

No, we need to be very specific.

We take 6% equity and the startups pay, give us the equity for the program.

We give them cash.

We give them 15,000 euros cash, but it's not a reflection on the valuation of the company.

So I'm always very keen to make the distinction to not combine the two figures.

We don't really see the money as an investment.

We see this really as BN pizza money to survive for the three months.

Yeah, give or take, yeah.

But this is really, so the conversation we have with the teams that make it into the program is if you really rely on the cash, don't come.

Because this is really not about the money.