NEUVC #281: Ondrej Bartos, GP at Credo Ventures on having patience while building a career in VC

Published: Feb. 17, 2024, 6:30 a.m.

Join us for a new episode of the NEUVC series dedicated to those embarking on their journey in the VC. In this episode, Freddie Macpherson, Associate at Isomer Capital, and Linda V\xf5eras, Investment Manager at Karma Ventures, are joined by Ondrej Bartos, General Partner at Credo Ventures.

Ondrej is the Founding GP at Credo Ventures, a 75m\u20ac Seed stage venture fund in Prague (and a bit elsewhere!) to back Central Eastern European Tech Startups.

Credo is investing out of Fund IV with a total \u20ac250M AUM and an established portfolio of 60 companies and notable investments, including UI Path, ProductBoard, PriceFX, Resistant AI, and Eleven Labs.

Go to eu.vc for our core learnings and the full video interview \U0001f440

Chapters:

00:02:00 - Focus on Early Stage Investments
00:04:10 - Spotting Patterns in Venture Capital
00:06:17 - The Beginning of Venture Investing in the Region
00:08:39 - The Growth of Tech Talent in the Region
00:11:00 - The Growth and Progress of the CE Region
00:12:59 - Building Relationships through Networking
00:15:08 - Finding Great Deals in the Startup World
00:17:25 - Learning from Investments and Founders
00:19:49 - Evaluating the Right Investment
00:21:50 - The Risk of Investing in Startups
00:24:13 - The Role of Luck in Success
00:28:26 - The Importance of Founder in Startup Investment
00:30:45 - The Importance of Respect and Honesty in Relationships
00:35:16 - Listening and adding value in boardrooms
00:37:38 - The Role of a Board Member
00:39:53 - Skills for Success in Venture Capital
00:41:53 - The Importance of People in Venture Capital