Diamonds in the Rough
It surprises me when an entrepreneur from other provinces asks me: Does DaD invest outside of Madrid and Barcelona? The answer: Of course, but that has to be clarified. We invest, but not a lot. The reason is that there are too many projects in Madrid and Barcelona that attract our interest, but, above all, it is because entrepreneurs in the provinces live well and don't travel much to Internet events of reference in Madrid and Barcelona.
However, as I give more talks outside of these cities, I am starting to see opportunities. Entrepreneurs who are already billing more than a million euros, who have a good business model and, in general, who don't speak English and lack the contacts to go from a good SME to a big business. DaD can help them in several ways. We don't invest when a company is already viable, but if you have an opportunity to become a large global company, we are your answer.
With a presence in Shanghai, Santiago de Chile, Moscow and Portland, we can turn a good local company into a global one. The other part of the equation is winning teams; each day we have more offers from great managers who want to enterprise using an idea from someone else. For them, growing a company of 1 million to 20 is the right challenge and that, for the beginner entrepreneur, can be the key to becoming a big business.
As you know, that's what we're here for...