Coffee Break with José María Lucas co-founder of 7rventures


7rventures is a venture builder with the function of designing, building and investing in new technology companies, which are driven by cash flow that solve real problems in traditional industries.

To start the day, the attending entrepreneurs shared, and in the form of elevator pitch, what their project consists of and they were able to leave their professional card. So that, in this way, after finishing the session I could make a networking  and generate synergies between all of them more effectively.

José He told us how he started working as an employee until today, where he is dedicated to the creation and support of high-growth companies.We currently manage capital money from an investment fund, we have a team that manages the fund and a team that sets up companies through industrial venture capital partners”.

As information, he highlighted that “1 in 10 entrepreneurs survives after 2-3 years, our companies are born with a corporate or with a base of thousands of clients so the survival ratio is much higher”.

For each of the companies they manage, José He told us how “The first thing is to validate the idea, we make ads on Facebook to see if it has the attention of potential clients”, then he tells us how the process entails “three months for the first validation, six months of operations, industrialization and scaling, it is a process of about two years per company we set up.", he pointed.

When asked about the privacy of the ideas managed by his investment fund, he tells us that "lThe privacy of the idea is not a problem for us, wonderful ideas are rare... the reality is that we give greater importance to having good teams with good methodologies executing good projects”.

In closing he noted that “We try to ensure that the risks are symmetrical, if the company has a voice, we participate too. By working in areas that are far from the core of the companies, friction with the founders is less”.

Once the exhibition was over, the attendees shared a coffee and a session of networking in the common area Carabanchel nursery.

The event was broadcast live on our Facebook page, you can check the video of the session.

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