Find promising companies as an investor [in 5 steps]
Investors often find interesting companies through a combination of online research and a proactive approach to entrepreneurs.
Next, we'll discuss how a thorough online study can help you decide who is interesting to approach.
Financial media, such as The Time and Bloovi, are a good place to find inspiring companies and entrepreneurs.
What you can also do is make a list of your favorite entrepreneurs and follow them up. open the box. As soon as they set up a new company, you'll be the first to know (via an email notification).
Now that you've found an interesting company, it's time to judge whether it's worth contacting them.
One of the factors that investors take into account is the founding team. So find out who they are. Also see if any founders have left and if there are new directors on board.
You prefer to deal with serial entrepreneurs who have special expertise in the market in which they operate.
You will often get a first idea on the founders' LinkedIn profile.
What you get to read on LinkedIn, however, depends on what someone is willing to post there. So it's best to consult openthebox. There you will find complete and reliable information about someone's business history.
From the publications in the Belgian Official Gazette, you can often deduce whether an investor is already on board.
You can find this in the published financial statements. In it, a company lists participations of at least 10%.
Openthebox makes it easy for you and shows participations in a well-organized spider web.
In addition, you can sometimes also deduce the presence of an investor from the composition of the Board of Directors.
Information such as revenue, gross margin, intangible assets, and current assets give you an idea of growth and the pace of investments.
Be sure to also check out the evolution of the workforce over the years.