This simulation is online and the estimated completion time is 3 hours.
The difficulty level of this simulation as determined by the Ludi participants: 3/5
Name of your role in this simulation: VC Analyst
The language of this simulation is English and the tasks are completed in that language.
212:
Next Big Thing
⚠️ This simulation is conducted in English ⚠️
Role
In this simulation, you will work as a VC Analyst. As a VC Analyst, these are your day-to-day responsibilities:
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Engage actively with innovative entrepreneurs, diving into their businesses and understanding their vision.
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Identify and scout new startups, adding fresh and exciting prospects to the investment pipeline.
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Conduct thorough market research to uncover trends and opportunities in the tech landscape.
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Participate in initial deal screenings, company calls, and analyses, laying the groundwork for potential investments.
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Assist in the due diligence process, ensuring thorough and accurate evaluation of potential investments.
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Prepare detailed presentations and reports, contributing key insights for investment committee decisions.
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Work closely alongside the team to support and enhance the growth of existing portfolio companies.
Simulation Context
You recently joined to 212 as VC Analyst. 212 is an investment company that focuses on backing and funding technology enterprises, specifically in Europe, Turkey, the Middle East, and the Diaspora focusing on Seed/Series A stages.
After a warm welcome, you are asked to identify, scout, and analyze new startups to expand 212's pipeline.
Tasks
Deal sourcing
01
Find six promising startups from Turkey, Middle East and North Africa (MENA), and the Turkish Diaspora regions (2 startups from each region, 6 startups in total) and fill dealflow template.
Startup analysis
02
Pick one of the startups you've found and prepare a one-pager to summarize your findings and share with your team.
Founder outreach
03
Devise a strategy for initiating contact with the startup's founding team and craft a message.
212 is an investment firm that specializes in supporting and financing technology companies, particularly in Europe, Turkey, the Middle East, and Diaspora in Seed/Series A stages. Currently, the fund manages €80M+ of committed capital and 21 active investments. 212’s time-tested strategy is to advance B2B tech solutions with demonstrated traction, a precise product-market fit, and founders who are ready and eager to scale internationally.
212 does more than invest in the region and aims higher than going global. It is a personalized venture capital firm with deeply rooted global networks that bring in growth partners to help expand and guide the ecosystem in surpassing challenges using wisdom and a well of experience that extends beyond the geographical.
212 created $2B in value. Acclaimed winners from Fund I include Iyzico and Insider. Iyzico exited in 2019 marking the largest fintech exit in Turkey. Insider, a Sequoia-backed company with a female founder, recently closed another investment round with a USD $1.2B valuation and the first B2B unicorn to come out of Turkey.
To date, Fund II has invested in 17 remarkable companies: 123 Form Builder, App Samurai, Artboard Studio, Avatao, Chooch AI, Fazla, MallIQ, Marti, Meddy, Metrobi, OMMA, SmartMessage, Trio Mobil, Bolt Insight, Wellbees, SocRadar and Flow48. The story continues with Fund III which was established in December 2023.
For more, check https://212.vc/