Jan. 27, 2023

Impact of the current market situation on VC funds; finding the right CFO & fundraising strategy - Alexander Langholz, Cherry Ventures

Impact of the current market situation on VC funds; finding the right CFO & fundraising strategy - Alexander Langholz, Cherry Ventures

Alexander Langholz is CFO at Cherry Ventures and has previously supported various IPOs for years. He talks to Fabian about the business as CFO of a venture capital fund, IPOs and fundraising strategy.

What you learn:

  • What impact does the current market situation have on venture capital firms (using Cherry Ventures as an example)?
  • At what point do I absolutely need a CFO in the company?
  • How have funding rounds changed due to the crisis years and market changes?
  • How can I recognize a good CFO who is suitable for my startup?

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(00:01:05) How do the current market changes affect a seed VC company like Cherry Ventures?

(00:04:11) As a CFO, what data and information are you most interested in about the companies' portfolios?

(00:06:10) What indicators do you use to tell if companies are well positioned?

(00:06:45) Why has the relevance of profitability changed so much?

(00:08:52) If you are now supposed to get to faster profitability with less money - is that as contradictory as it sounds?

(00:10:53) What needs to change for IPOs to matter again?

(00:14:15) How do you make it clear to startups that the growth valuations of recent crisis years are no longer attractive now?

(00:16:36) As a fund, have you had to reevaluate your portfolio and adjust it to market conditions?

(00:20:41) Do you communicate to the founders when the paper value of the company is adjusted?

(00:21:01) What are the challenges of being a CFO at a venture capital firm?

(00:23:32) How would you estimate the market will be in 2023?

(00:26:30) As an entrepreneur, when do you realize that you are ready for an IPO or that you should think about different financing/exit strategies?

(00:31:40) Differences between an IPO in Germany vs. the U.S.

(00:32:51) When do I hire a CFO?

(00:36:34) Is it okay to look for an interim CFO first?

(00:37:32) How do I recognize a good CFO?

(00:39:11) How would you currently structure a financing round from a founder's perspective?

Alexander Langholz

LinkedIn: https://www.linkedin.com/in/alexander-langholz-baikousis-905b193a/

Cherry Ventures: https://www.cherry.vc/

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