Q -What qualities are you looking for in a founder/team, what is important to you?
HH -A vision, a plan to realize it, the grit to pull it off, and a reality distortion field.
Q -Which technological advancement are you hoping for most?
HH -Green fuel to stop global warming. AI to better business and society. Effective medicine to stop gruesome diseases. AR that seamlessly integrates with our daily lifes. Impact investments to reduce global economic differences and provide fair access to education, technology and life’s essentials to everyone.
Q -How do you define success?
HH -Alan Parsons: „I believed in my dreams until I found what they mean. Nothing can save me now“. Be careful what you wish for – it may come true.
Q -What is your most important advice to founders?
HH -- This one may have to be put in German: Ein Unternehmer ist jemand, der etwas unternimmt.
- Raise capital often and raise your valuation continuously. Be selective in who you accept as an investor.
Q -Can Europe keep up on the global stage? Where do you see opportunities?
HH -Europe is still a developing continent in terms of venture funding. Lot’s of good ideas and good science and engineering, but weaker in turning ideas into strong ventures. Stop worrying, start daring. Go digital, go green, go.
Q -What should an angel do and what should they avoid doing?
HH -Should do: Provide money, advice and network. Should not do: Think they know better or try to run the companies they invest in.
Q -What are the indispensable tools in your everyday life?
HH -Excel – to get quantitative. Evernote – my extended (and more reliable) memory. Teams / Zoom – to meet and communicate. Trello – to organize my to do‘s. Linkedin – to network. Dropbox – to store and access my data from everywhere and all devices.