Nation 1

Nation 1 VC is a Prague and Brno based venture capital firm focused on investing in seed-stage startups operating in the Czech Republic.

3.4
(12)
Recommend to another founder 63%

Independent rating of Nation 1 VC fund

Overall rating:
3.4
(12)
Recommend to another founder: 63%
Team quality
3.5
Professionalism
Personal qualities
Integrity
Respect and decency
Experience
Relevant expertise
Investment process
3.9
Approachability
Clarity of the process
Speed of the process
Responsiveness
Ease of the process
Due diligence
Value add
3.8
Supportiveness
Value add beyond financing
Board activity
Terms
Founder friendly
Help with follow-up rounds

About Nation 1 VC fund

Founded:
2019
Number of funds:
1
Number of investments:
19
Headquarters:
Organization type:
Venture Capital

How Nation 1 VC fund invests

Portfolio - latest investments by Nation 1 VC fund

Founders' reviews of Nation 1 VC fund

Team quality
1.0
Professionalism
Personal qualities
Respect and decency
Experience
Relevant expertise
Investment process
2.0
Approachability
Clarity of the process
Speed of the process
Responsiveness
Ease of the process
Due diligence
Value add
1.5
Terms
Founder friendly
Recommend to another founder 10%
Within 6 months by non-portfolio founder
Verified by BOUND
Martin B. - Extremely low emotional intelligence and no vision
Pros
He is an intelligent person
Cons
Absolute ******* ***. Best to avoid. Greedy and manipulative
Team quality
Not reviewed
Investment process
Not reviewed
Value add
Not reviewed
Recommend to another founder 80%
Within a year by non-portfolio founder
Verified by BOUND
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Team quality
5.0
Professionalism
Integrity
Respect and decency
Experience
Relevant expertise
Investment process
4.7
Approachability
Clarity of the process
Speed of the process
Responsiveness
Ease of the process
Due diligence
Value add
4.8
Supportiveness
Value add beyond financing
Board activity
Terms
Founder friendly
Recommend to another founder 100%
Within a year by portfolio founder
Verified by BOUND
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Nation 1 creates an environment of mutual partnership with their startups and is constantly trying to help them to prosper.
Pros
Nation 1 is great in terms of the transparency of their communication and the overall style of leading the collaboration. Their feedback points are cogent and they try to help the startups as much as possible. They don't burden their startups with unnecessary administration during the due diligence process and they're generally a great partner to work with.
Team quality
4.4
Professionalism
Integrity
Respect and decency
Experience
Relevant expertise
Investment process
3.8
Approachability
Clarity of the process
Speed of the process
Responsiveness
Ease of the process
Due diligence
Value add
3.8
Supportiveness
Value add beyond financing
Board activity
Terms
Founder friendly
Help with follow-up rounds
Recommend to another founder 80%
Within a year by portfolio founder
Verified by BOUND
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The right balance of guidance and freedom
Pros
- investment guidance - a lot of stuff is agreed on a gentlemen's agreement basis first. Nation 1 always followed through - willing to always spend time when/if asked - no unnecessary hassle - not a lot of ego - dealing with Nation1 seems fair
Cons
- investment committee - the process resembling Dragon's den felt unnecessary. On the other hand, we connected with more interesting people than we would have otherwise...
Advice for management
I like where you are heading, keep on improving.
Team quality
Not reviewed
Investment process
Not reviewed
Value add
Not reviewed
Recommend to another founder 10%
Within a year by non-portfolio founder
Verified by BOUND
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Team quality
Not reviewed
Investment process
Not reviewed
Value add
Not reviewed
Recommend to another founder 80%
Within a year by portfolio founder
Verified by BOUND
Unlock more reviews by creating a free account
Team quality
5.0
Professionalism
Integrity
Respect and decency
Experience
Relevant expertise
Investment process
5.0
Approachability
Clarity of the process
Speed of the process
Responsiveness
Ease of the process
Due diligence
Value add
5.0
Supportiveness
Value add beyond financing
Board activity
Terms
Founder friendly
Help with follow-up rounds
Recommend to another founder 100%
Within a year by portfolio founder
Verified by BOUND
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Help in solving atypical situations
Pros
Professionalism, speed, friendly atmosphere
Team quality
4.6
Professionalism
Integrity
Respect and decency
Experience
Relevant expertise
Investment process
4.4
Approachability
Clarity of the process
Speed of the process
Responsiveness
Ease of the process
Value add
Not reviewed
Recommend to another founder 100%
Within a year by non-portfolio founder
Verified by BOUND
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Pros
they are hardworking and dealing with them has always been professional
Cons
nothing to complain about
Advice for management
honest and hard working investors
Team quality
Not reviewed
Investment process
Not reviewed
Value add
Not reviewed
Older than a year by non-portfolio founder
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Team quality
1.2
Professionalism
Personal qualities
Respect and decency
Experience
Relevant expertise
Investment process
4.0
Approachability
Clarity of the process
Speed of the process
Responsiveness
Ease of the process
Due diligence
Value add
2.0
Supportiveness
Value add beyond financing
Board activity
Terms
Founder friendly
Recommend to another founder 10%
Older than a year by portfolio founder
Verified by BOUND
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Fund without interest in its portfolio company, noob
Pros
Speed of closing the investment
Cons
Absolute lack of interest in a deeper understanding of the team or project
Advice for management
don't just collect investments, invest time in your companies.
Team quality
4.2
Professionalism
Personal qualities
Integrity
Respect and decency
Experience
Relevant expertise
Investment process
4.2
Approachability
Clarity of the process
Speed of the process
Responsiveness
Ease of the process
Value add
Not reviewed
Recommend to another founder 70%
Older than a year by non-portfolio founder
Verified by BOUND
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Slow and conservative fund. But honest and professional
Pros
They seemed forthcoming and honest with their feedback
Cons
I was in touch for a really long time with the founder of the fund because it took him several years to raise his first fund. When they were finally ready to invest they seemed to me very conservative and if I am not mistaken they only did a couple of deals during the first year of their fund. Also got only a generic feedback from them about "crowded market" as I think they lacked a domain expert on our case.
Advice for management
Do more deals
Team quality
3.2
Professionalism
Personal qualities
Integrity
Respect and decency
Experience
Relevant expertise
Investment process
3.6
Approachability
Clarity of the process
Speed of the process
Responsiveness
Ease of the process
Value add
Not reviewed
Recommend to another founder 50%
Older than a year by non-portfolio founder
Verified by BOUND
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There is no clarity about the investment fund strategy
Pros
Speed of process
Cons
Huge investment committee
Advice for management
Focus
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