Building official website of Foundersbacker

 

Recently, we started to build the official website of Foundersbacker. We use Wix. In fact, we can also use other free modular stand tools. Many free modular stand tools, whether it is UI or UX, have done far, it is much better than finding an unknown engineer and creating a website privately. Anyway, the point of the official website is to make it easy for people to search and know what this company or organization is doing.

Foundesbacker originally expected to be an easy and simple angel fund from the beginning of its establishment, but after actually starting to scan the team in the market, it will be found that the problem is not small. Generally, the expected rate of return of angel funds is 30 to 100 times. However, if the foundation of internationalization is not done well at the beginning of the business, it will make the already difficult things even more difficult.

So our most important indicator in the near future is to find 3 to 5 companies, or even just 1 good company, and then help it grow.

However, even if it is found, it will take at least 5 to 8 years for the company to be fattened and sold or listed, so in terms of the overall timeline, it seems that it can only be happy for one day and eat some junk food.

From the overall structure, Foundersbacker will develop into two parts, one is an incubation institution and the other is an investment institution, and although the two institutions are brothers, they will clearly settle accounts.

From the perspective of incubation, it is to help the new team to establish a potential model and structure that can expand the large market in the early stage of business.

From an investment perspective, we will only start talking about money after we assist the team to develop in the big market.

In fact, I can go back to the state of starting a business or assisting others to start a business. My heart is full of gratitude (especially when I was sick before and I have been recuperating for 18 months), thank my wife and children for accompanying me all the way, and also thank my friends who started a business together. After I've been away for so long, I've been invited back to the event to bring back that nostalgic enthusiasm.