https://kingscrowd.eu/assets/guides.how-to-invest-in-startups-europe-D-BZ1JrL.js

1import{d as e,t,u as n}from"./index-C6LaC9Jj.js";import{t as r}from"./CrownMark-D6-I59P3.js";import{t as i}from"./SiteFooter-C9egX_G5.js";var a=e(),o=`mt-12 font-display text-2xl font-semibold text-foreground sm:text-3xl`,s=`text-kc-teal-light underline underline-offset-2 hover:text-foreground`;function c(){return(0,a.jsxs)(`div`,{className:`min-h-screen bg-background text-foreground`,children:[(0,a.jsx)(`header`,{className:`mx-auto max-w-3xl px-5 pt-10 sm:px-6 sm:pt-14`,children:(0,a.jsx)(n,{to:`/`,className:`inline-flex items-center gap-2`,"aria-label":`Kingscrowd Europe home`,children:(0,a.jsx)(r,{variant:`full`,size:28,className:`text-foreground`})})}),(0,a.jsxs)(`main`,{className:`mx-auto max-w-3xl px-5 py-14 sm:px-6 sm:py-20`,children:[(0,a.jsx)(`p`,{className:`text-sm font-medium text-kc-teal-light`,children:`Guide`}),(0,a.jsx)(`h1`,{className:`mt-3 font-display text-3xl font-bold leading-tight tracking-tight sm:text-5xl`,children:`How to invest in startups in Europe`}),(0,a.jsx)(`p`,{className:`mt-5 text-lg leading-relaxed text-muted-foreground`,children:`Equity crowdfunding has opened startup investing to everyday investors across Europe. This guide explains how it works, how the rules protect you, and how to evaluate a deal before you commit your money.`}),(0,a.jsxs)(`div`,{className:`mt-8 rounded-xl border border-kc-border bg-kc-surface/60 p-5 text-[15px] text-muted-foreground`,children:[(0,a.jsx)(`strong`,{className:`text-foreground`,children:`Risk warning:`}),` investing in startups carries a high risk of losing your entire investment. Shares are illiquid and returns are never guaranteed. This guide is educational and is not investment advice.`]}),(0,a.jsxs)(`div`,{className:`space-y-4 text-[16px] leading-relaxed text-muted-foreground`,children:[(0,a.jsx)(`h2`,{className:o,children:`1. Choose how you want to invest`}),(0,a.jsx)(`p`,{children:`There are three common routes into European startups:`}),(0,a.jsxs)(`ul`,{className:`list-disc space-y-2 pl-5`,children:[(0,a.jsxs)(`li`,{children:[(0,a.jsx)(`strong`,{className:`text-foreground`,children:`Equity crowdfunding platforms:`}),` buy shares in a company's funding round online, often from a few hundred euros.`]}),(0,a.jsxs)(`li`,{children:[(0,a.jsx)(`strong`,{className:`text-foreground`,children:`Angel investing and syndicates:`}),` invest larger tickets directly or alongside a lead investor.`]}),(0,a.jsxs)(`li`,{children:[(0,a.jsx)(`strong`,{className:`text-foreground`,children:`Venture capital funds:`}),` get exposure to a portfolio managed by professionals, usually with high minimums.`]})]}),(0,a.jsx)(`p`,{children:`For most private investors, equity crowdfunding is the most accessible starting point.`}),(0,a.jsx)(`h2`,{className:o,children:`2. Understand how ECSPR protects you`}),(0,a.jsxs)(`p`,{children:[`Since 10 November 2021, the`,` `,(0,a.jsx)(`a`,{className:s,href:`https://eur-lex.europa.eu/eli/reg/2020/1503/oj`,target:`_blank`,rel:`noopener noreferrer`,children:`European Crowdfunding Service Providers Regulation (EU) 2020/1503`}),` `,`(ECSPR) sets one rulebook for crowdfunding platforms across the EU. Key protections include:`]}),(0,a.jsxs)(`ul`,{className:`list-disc space-y-2 pl-5`,children:[(0,a.jsxs)(`li`,{children:[`Platforms must be authorised by a national regulator and appear in the`,` `,(0,a.jsx)(`a`,{className:s,href:`https://www.esma.europa.eu/esmas-activities/digital-finance-and-innovation/crowdfunding`,target:`_blank`,rel:`noopener noreferrer`,children:`ESMA register`}),`.`]}),(0,a.jsx)(`li`,{children:`Every offer comes with a Key Investment Information Sheet (KIIS) describing the company, risks and terms.`}),(0,a.jsx)(`li`,{children:`Non-sophisticated investors take an entry knowledge test and get a 4-day reflection period to withdraw.`}),(0,a.jsx)(`li`,{children:`You receive a risk warning before investing more than €1,000 or 5% of your net worth in a single project.`})]}),(0,a.jsx)(`h2`,{className:o,children:`3. Read the documents, not just the pitch`}),(0,a.jsx)(`p`,{children:`A polished video is not due diligence. Before investing, check:`}),(0,a.jsxs)(`ul`,{className:`list-disc space-y-2 pl-5`,children:[(0,a.jsxs)(`li`,{children:[(0,a.jsx)(`strong`,{className:`text-foreground`,children:`Valuation:`}),` is the price reasonable compared with revenue, traction and similar companies?`]}),(0,a.jsxs)(`li`,{children:[(0,a.jsx)(`strong`,{className:`text-foreground`,children:`Financials:`}),` revenue, burn rate and how long the money raised will last.`]}

1),(0,a.jsxs)(`li`,{children:[(0,a.jsx)(`strong`,{className:`text-foreground`,children:`Team:`}),` relevant experience and how much the founders own.`]}),(0,a.jsxs)(`li`,{children:[(0,a.jsx)(`strong`,{className:`text-foreground`,children:`Terms:`}),` share class, voting rights, dilution and investor protections.`]}),(0,a.jsxs)(`li`,{children:[(0,a.jsx)(`strong`,{className:`text-foreground`,children:`Exit path:`}),` how and when you could realistically get your money back.`]})]}),(0,a.jsx)(`h2`,{className:o,children:`4. Diversify and size your positions`}),(0,a.jsx)(`p`,{children:`Most startups fail, and a few winners drive most returns. Spread your capital across many companies and only invest a small share of your total wealth in this asset class. Expect to hold for 5 to 10 years.`}),(0,a.jsx)(`h2`,{className:o,children:`5. Use independent research`}),(0,a.jsx)(`p`,{children:`Platforms are paid by the companies raising money, so their listings are not neutral. Kingscrowd Europe is building an independent intelligence layer for European startup investing: ratings, analyst research and portfolio tools grounded in regulatory filings and offer documents, so every investment becomes a decision you can defend.`})]}),(0,a.jsxs)(`section`,{className:`mt-14`,"aria-labelledby":`faq-title`,children:[(0,a.jsx)(`h2`,{id:`faq-title`,className:`font-display text-2xl font-semibold sm:text-3xl`,children:`Frequently asked questions`}),(0,a.jsx)(`div`,{className:`mt-5 space-y-3`,children:t.map(e=>(0,a.jsxs)(`details`,{className:`rounded-xl border border-kc-border bg-kc-surface/60 p-4`,children:[(0,a.jsx)(`summary`,{className:`cursor-pointer font-semibold text-foreground`,children:e.q}),(0,a.jsx)(`p`,{className:`mt-3 text-muted-foreground`,children:e.a})]},e.q))})]}),(0,a.jsxs)(`section`,{className:`mt-14 rounded-2xl border border-kc-border bg-kc-surface/40 p-6 text-center`,children:[(0,a.jsx)(`h2`,{className:`font-display text-2xl font-semibold`,children:`Invest with conviction`}),(0,a.jsx)(`p`,{className:`mt-2 text-muted-foreground`,children:`Join the waitlist for early access to Kingscrowd Europe.`}),(0,a.jsx)(n,{to:`/`,hash:`waitlist`,className:`mt-5 inline-block rounded-lg bg-gradient-to-r from-kc-teal-light to-kc-teal px-5 py-2.5 font-semibold text-kc-bg-deep focus:outline-none focus-visible:ring-2 focus-visible:ring-kc-teal`,children:`Join the waitlist`})]})]}),(0,a.jsx)(i,{})]})}export{c as component};