We co-invest with a lead investor we deem capable of performing an adequate due diligence. We, tugboat’s principals, are excited about the startup and willing to bet our own money on it. Is the business plan plausible? Could it deliver a high payoff as good high tech startups with proprietary IP can? Do we judge the [...]
Our business model does not permit us to perform diligence processes according to industry standards - these can easily cost CHF 40,000 and more. Instead, we mitigate our risk by following the principles set out in “What selection criteria do you apply to startups?"
No, you do not have to know much about start-up investments, but be aware that these are high-risk investments with potential loss of the full investment.
tugboat is mainly focusing on Swiss high-tech startups, most of the times ETH spinoffs. The industries involved range from med-tech, reg-tech, wearables to security manufacturing.