#47: Sebastien Groyer - 7 Tales from 20 years of Deep Tech Life Science Venture Capital Investment

Here is my conversation with Sebastien Groyer, Entrepreneur and Venture Capitalist

Episode Links:
Article to the Episode: https://lsg2g.substack.com/p/7-tales-from-20-years-of-deep-tech-42f
Youtube: https://youtu.be/Ni3mEDM7-_c
Sebastien Groyer: https://www.linkedin.com/in/sebastien-groyer-2438548/

Podcast Links:
Podcast Website: https://www.lifescienceget2gether.com/
Community Partner: https://linktr.ee/lsg2g
Christian Soschner: https://linktr.ee/soschner
LSG2G Twitter: https://twitter.com/LGet2gether
LSG2G Linkedin: https://www.linkedin.com/company/life-science-get2gether
Podcast Episodes: https://pod.link/1493847125
Episodes on YouTube:  https://www.youtube.com/playlist?list=PLlZfrwd6iXrQ3LIANISUpP22seS2CsCEV

Timestamps:
For those who want to listen to specific parts of the episode, here are the timestamps:

00:00 Introduction

02:35 How do VCs view planning in companies?

05:59 How to Approach Investors when Plans Change

11:00 What are Target Companies of VCs?

15:15 Are VCs Going for First Movers or Rather Established Markets?

19:30 How Detailed Should  Business Plans be when Pitching to VCs?

23:50 Storytelling – From Rough to Detail

27:15 The Reality of VC Life

34:40 How Often Can You Follow Up with VCs before Ending Up on a Blacklist

38:54 What is the Right Time to Approach VCs?

40:40 How do VCs view companies in Fundraising Mode?

46:10 The Fundraising Process in a Company

48:15 Is the Fundraisngprocess Transactional, or do Relationships matter?

51:00 Fundraising – Similarities and Differences between the US and the European Approach

56:50 Entrepreneurship and Investors – Lifestyle or a Job?

01:00:00 The Role of Money in Different Societies

01:04:00 Why Do VCs Search for Exits?

01:11:00 Valuation Expectations of VCs

01:14:00 It is all about growth

01:19:00 When Does it Make Sense to Reach out to VCs?

01:23:00 Differences in the Value of Information in the B2B and B2C world

01:27:00 The Pros and Cons of Being an Investor or Entrepreneur

01:30:00 Spirituality, Investment, and Entrepreneurship

01:34:30 What is the most important thing to consider when reaching out to VCs?