ANGEL INVESTMENT AND
Baconsult is a small, Hungarian, Budapest focused angel investment team. We're investing our money and time into helping local tech startups towards world domination. Our only goal is to make our portfolio companies grow successfully and get to a big fat exit sooner or later. No rush. We're providing them with our experience, knowledge, ideas and network. And sometimes our money as well, if needed.
We believe that only the founders can make a startup successful, so we're supporting and mentoring the founders. We won't take over, we won't make their decisions but we'll talk with them a lot. And hey, it seems to work so far!
We're currently full, not looking for new projects.
Baconsult is a Hungarian Ltd, financed from our previous exits. We're focusing on angel investments and startup mentoring since 2015. During this time over 350 local startups found us and told us their story. Out of them, we've selected the thirty best that we're currently working with.
Okay, this might need a bit of explanation. Maybe it means:
Business Angelinging & CONSULTing?
Or BAlogh CONSULTing?
Maybe BACON SÜLT, meaning baked bacon in Hungarian?
- Or even "BACON SULT" (Which in Danish means a hunger for bacon)
- Or all of the above?
BECAUSE WE THINK DIFFERENTLY
We started because we were very annoyed by the behaviour of most local VCs and investors. We felt that they looked at their investors (and their own pockets) as their customers and considered the startups to be the products they are trading. They try to control and limit the founders and manually set the strategy of their portfolio companies. (Not to mention some of the Jeremie funds.) We believe that only the founders can make a startup successful. So for us, they are the customers, our partners and we therefore we trust, encourage and support them. What our name shows is that we don't take ourselves extremely seriously and we dare to be different. And that we love to eat ;-)
INVESTOR OF THE YEAR
We're been very honoured and surprised that CESA selected us as the Investor of the Year in Hungary. We don't think it means we've arrived - on the contrary, we're just getting started. But nevertheless we're extremely happy and humbled that our activity is recognized and we're very proud of our portfolio companies, as we believe they've earned us this recognition.Thanks to all involved, we'll try our best to live up to it! :-)
WHAT INTERESTS US
Everything that is Technology
Software, let that be cloud, client or embedded
Teams working together for at least half a year
Teams with a first working product version
Teams of at least 4-10 people
Founders who are open to learn together, from each other
Founders with entrepreneurial experience
WRITE TO US
We are way over our heads, so it might take a while to answer. However, you can only meet us at conferences, and meet-ups. So don't despair, if we're meant to be in touch, the universe will connect us sooner or later.