Gerri Kodres is a founding partner at United Angels VC and has been a tech investor for more than 10 years with investments in such companies as Bolt, Veriff, Comodule, Monese, Starship, and many others. Alongside that, he spent almost 10 years with Fortumo as a chief business officer and advisor signing clients such as Google, Netflix, and Spotify.In this episode, we take a deep dive into tech investing by covering the investment landscape in the Baltics, the roles and responsibilities of a tech investor, the skills to look out for both in founders and investors as well as the timing of investments. We also go ‘behind the scenes in some of Gerri’s investment gems - Bolt and Veriff - to find out how they have struggled and found success.The topics covered in this episode with Timestamps[02:00] - INTRODUCTION AND THE ORIGINS OF UNITED ANGELS VCAdvantage of VC vs. angel investing - more money to do follow-on investments[18:30] - UNDERSTANDING TECH INVESTING LANDSCAPE IN BALTICSCompetition in the tech investing market in the BalticsFOMO and herd investingTiming the right stage to investManaging founder relationships when also saying “no”The investor is never in chargeHelping struggling portfolio companiesMissing out on deals[29:00] - HOW TO MAKE YOURSELF SUCCESSFUL WITH INVESTORSWhat to look for in foundersWhat mistakes do founders make when approaching investorsSkills for a successful tech investorHow to test for BD skills in foundersDepth of involvement for investors in different phases[48:30] - BEHIND THE SCENES - INVESTMENTS IN BOLT AND VERIFFBoltCutting out the taxi companiesConquering AfricaPreparing for an IPOEurope’s first super appNot a winner takes all marketVeriffBacking a young founderFixing a broken cap tableFinding success in Y-Combinator[1:02:40] - CURRENT FOUNDER PROFILE IN BALTICSCurrent demographics of founders on the market3rd generation of startupsPositive outlook for the BalticsTo reach out to Gerri use:Linkedin: https://www.linkedin.com/in/gerrikodres/Website: https://unitedangels.vc/ Find out more on https://www.pursuitofscrappiness.co/ Support for this episode comes from Nexpay > https://paynexpay.com/===See the video content exclusively on Linkedin > https://www.linkedin.com/company/pursuit-of-scrappiness/ Questions/suggestions? Join our Telegram group > https://t.me/pursuitofscrappiness The full interview with Gerri is available NOW on Apple Podcasts, Spotify, and Google Podcasts Find out more on https://www.pursuitofscrappiness.co/ Support the show

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