Exact(22)
At Ignite – "have you got the energy to change society?" – we invest across the spectrum from high risk start ups to proven models which need a million quid to seriously scale.
Also, we should not spend all our energies on trying to find innovative schemes or ideal breakthrough innovations: there are already plenty of proven models out there, both economically self-sustainable and socially efficient.
Why not copy these proven models, the engineers wondered, rather than trying to outguess 4 billion years of natural selection?The result has been a flourishing of animal-like robots.
That, combined with companies that have proven models, and developing revenues.
"Accelerators are proven models for helping young startups, and there are a lot women out there starting tech ventures," she says.
East Ventures initially went after proven models like e-commerce, but lately it has put its gaze on areas that it views as upcoming, such as saas solutions, fintech, agritech, health, education and e-commerce enablers.
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This didn't prevent other countries from copying a proven model.
'Begin with a proven model'.
It's an interesting, if not completely proven, model.
The first is that distributed commerce is already a proven model in ticketing.
"Bark on the other hand has a proven model for attracting buyers.
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