South American Adventures

Taking flying leaps into the unknown

Suit up!

1 Comment

Today it’s time to suit up! Converse shoes and t-shirts have long replaced my formal suits. It’s been a month since I suited up. Thankfully  I listened to my dad and brought a suit along. I missed the feel of this smooth and elegant fabric. However, I did not miss ironing!! In fact I seem to be out of practice. For the first time in my life I managed to burn a hole in the ironing board :D….sorry Diego (my flatmate and once proud owner of this board). Clearly ironing is not like riding a bike.

So what is the occasion? I am meeting the angel investor of a Buenos Aires based startup for which I did some financial analysis a few weeks back. I already had Skype conferences with the CEO and the head of business development for USA. This further meeting is required to establish whether there is scope for me to do some work with this ambitious startup. The startup, which for the time being will remain unanominous as requested by the CEO, operates in the advertising industry and intends to undergo a further round of fundraising to finance expansion into the North American market. Working with the startup during the fundraising would be a great utilisation of my finance and accounting background and would no doubt be a phenomenal experience.

Thanks for reading



Author: Miklos Grof

Miklos is the CEO and co-founder of Fundacity. Fundacity is making startups investing easier. Fundacity already supports all the notable accelerators in LatAm in their startup selection and management and they are expanding rapidly across Asia-Pacific and Europe. With the recently launched Fundacity Investments Clubs it seeks to simplify the startup investing process in emerging markets and make it accessible to more people. Miklos has unique and extensive experience in start-up formation, business development and venture financing. He has raised and evaluated investment offers in venture capital from angels and VCs from three continents for a variety of deals. He thrives at launching businesses and making sales in new geographies. Miklos currently serves as a financial advisor and mentor for various start-ups including Taggify (an online contextual advertising company based in New York and Buenos Aires). At Taggify, Miklos advises on fundraising, financial reporting to the board of investors, tax filling and cash flow management. Miklos completed his MsC in Finance at the London School of Economics and previously worked in corporate finance at PricewaterhouseCoopers in London, fund sales at UniCredit Vienna and economic research at Erste Bank Budapest. He is a Chartered Accountant with the ICAEW, Institute of Chartered Accountant England and Whales and is quinti-lingual. He is passionate about startups and entrepreneurship and spends his free time engaging with the startup community.

One thought on “Suit up!

  1. Rooting for Mickey from Miami!

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s