All of this might seem as any other entrepreneurial association or business angel network, but the reality is that there is a very powerful underlying concept. Unlike a business angel, which term has become very broad, the Venturepreneur Organisation searches for those individuals who have created their own ventures and are now investing actively into new ventures. The added value of a Venturepreneur is the entrepreneurial experience that comes with the investment. Advice is as important as money in a startup as a fragile idea is being implemented into a marketable product or service. This is where the role of the Venturepreneur can really stand out in both experience and network of contacts.
Four years ago it is not to say that Venturepreneurs didn’t exist, in fact many famous entrepreneurs once they finished their first project went on to create a new one and also invested in others. The difference lies in the recognition of such added value and in the “formalisation” of such a term and role.
Since the inception of the organisation the idea has received recognition and the membership is growing at a good controlled base. We now count more than 25 Venturepreneurs from 11 different countries. Each Venturepreneur has an average of 8 investments and has created various companies with many successful exits. All of a sudden one realises the value and worth of these individuals.
The Venturepreneurs will meet for their 8th Summit in Vienna on the 2nd of October. The summits take place twice per year in fall and spring. We have decided this time to have it in Vienna, unlike the usual Barcelona area, because it will take place in conjunction with the Vienna Startup Week.
We are happy that we got some press coverage on Rodolfo Carpintier’s blog, he is also a Venturepreneur in the organisation and it would be a safe bet to say he is the most experienced and gives the group valuable wisdom. From Carpintier’s blog entry also Pablo Martinez from Todostartups.com wrote about the concept of Venturepreneurship. We like to see the concept gain more awareness because entrepreneurs need to know that Venturepreneurs are special individuals who can give added value to a startup and make a difference between success and failure.