{"id":343087,"date":"2017-06-08T17:19:26","date_gmt":"2017-06-08T09:19:26","guid":{"rendered":"http:\/\/techcrunch.com\/?p=1501169"},"modified":"2017-06-08T17:19:26","modified_gmt":"2017-06-08T09:19:26","slug":"onefinestay-and-space-ape-games-founders-join-entrepreneur-first-as-venture-partners","status":"publish","type":"post","link":"https:\/\/people.utm.my\/asmawisham\/onefinestay-and-space-ape-games-founders-join-entrepreneur-first-as-venture-partners\/","title":{"rendered":"Onefinestay and Space Ape Games founders join Entrepreneur First as Venture Partners"},"content":{"rendered":"
\"\"<\/p>\n

Tim Davey, co-founder Onefinestay<\/p>\n<\/div>\n

Entrepreneur First<\/a>, the company builder and early-stage investor, has recruited two new Ventures Partners, each of whom have exited a London startup in the last couple of years.<\/p>\n

They are Tim Davey<\/a>, co-founder and former CTO of Onefinestay, which was acquired by AccorHotels last year<\/a> for at least $170 million, and Toby Moore<\/a>, co-founder and former CTO of Space Ape Games, which Supercell recently acquired a majority stake<\/a> for $55.8 million.<\/p>\n

\u201cWe\u2019re excited to add Tim and Toby to the EF team,\u201d Entrepreneur First co-founder Alice Bentinck tells me, confirming the appointments. \u201cThey are well respected and well known members of the London startup scene, and I\u2019ve been super impressed at the way they approach mentoring and coaching very early stage startups\u201d.<\/p>\n

The reference to mentoring and coaching relates to the specific role that Venture Partners play at EF. This sees them typically spend one day a week supporting teams going through the current programme, and on a rolling basis, so potentially supporting future cohorts too depending on how long they choose to remain a Venture Partner.<\/p>\n

\"Toby<\/p>\n

Toby Moore, co-founder of Space Ape Games<\/p>\n<\/div>\n

Key to this, and different to the more thinly spread mentoring provided by some traditional accelerators, is that EF\u2019s Venture Partners \u2014 as the name suggests \u2014 have \u2018skin in the game\u2019 in the form of vested equity in the early stage investor\u2019s fund. That way the support they provide to portfolio startups carries more commitment and the interests of mentor and mentee are greater aligned.<\/p>\n

\u201cAs you may know, EF believes in providing extensive and consistent support to our companies from the minute they form, all the way through to closing their seed round (around 12 months),\u201d adds Bentinck. \u201cThe teams get 45 minutes a week with their assigned venture partner. We see this form of mentoring and coaching as the most effective way to build and support early stage startups. No bullshit random mentoring here\u201d.<\/p>\n

I also understand that the hope long term is for Entrepreneur First to become the natural \u201cstopping off point\u201d for entrepreneurs in Europe and Singapore who have successfully exited and are, perhaps, in between ventures.<\/p>\n

Meanwhile, EF also counts Chris Mairs, and Jon Folland (co-founder of Nativ, which exited to Ooyala) as Venture Partners, whilst Nadav Rosenberg (ex-Groupon and Taboola) is a Partner, and Joe White and Wendy Tan White, founders of Moonfruit, are General Partners<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Entrepreneur First, the company builder and early-stage investor, has recruited two new Ventures Partners, each of whom have exited a London startup in the last couple of years. Read More<\/a><\/p>\n

\n<\/img><\/a> <\/img><\/a> <\/img><\/a> <\/img><\/a> <\/img><\/a> <\/img><\/a>\n<\/div>\n

\"\"\/ <\/p>\n","protected":false},"author":5817,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[25],"tags":[59,66,26],"class_list":["post-343087","post","type-post","status-publish","format-standard","hentry","category-technology","tag-media","tag-techcrunch","tag-technology"],"_links":{"self":[{"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/posts\/343087","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/users\/5817"}],"replies":[{"embeddable":true,"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/comments?post=343087"}],"version-history":[{"count":0,"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/posts\/343087\/revisions"}],"wp:attachment":[{"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/media?parent=343087"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/categories?post=343087"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/tags?post=343087"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}