Year 2013 was a great success for FiBAN. We witnessed strong growth in all areas of our business.
New year´s greetings from the chairman,
Year 2013 was a great success for FiBAN. We witnessed strong growth in all areas of our business. We had +58 % more members during the year ending with total of 354 private angel members. We had more than 380 companies seeking for financing during the year 2013, out of which about 50 companies started serious negations with our members to finance them. That equals about one company every week of the year.
We will conduct an official investment questionnaire for year 2013 in order to add up actual investment numbers, but we can be very confident to have recorded significant growth on angel investment activity in Finland in 2013. The questionnaire will be gathered during January.
It is important to remember that we are not in business of giving out our hard earned money away, but in business to grow value and eventually exit our holdings. FiBAN will focus more on value creation and exits in years to come. From year 2013, we have an excellent example from our own member and FiBAN Business Angel of Year 2013, Mr. Jari Ovaskainen, netting out about 80 MEUR in one single transaction on his partial exit of Supercell. That was an inspiration to us all and a shining example of the possibilities of the Finnish start up ecosystem.
Year 2014 will bring all the top European angel investors in Helsinki for EBAN Winter University, which will be hosted by FiBAN for the first time. We will try to coincide this event with SLUSH, so we can´t give the dates out as of now. FiBAN will bring top level key note speakers from global angel and investment community to share their views and best practices with us. This will be our main event for the year to come.
I would like to thank all of FiBAN members for their valuable contribution to the growth and wellbeing of Finnish startups. I like to take this opportunity to specially thank all the unpaid activists in FiBAN, members of the screening committees, speakers, presentators and finally all members of the board of directors. FiBAN can only function with you continuous help.
I am very proud of FiBAN´s staff and happy to announce that Jan and Claes Mikko are running the best and most active business angel network in world!
So please, my fellow members, enjoy to ride!
FiBAN, Chairman 2014
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