Angel investing insights with Cyril Chemla, co-founder at ProcessOut (acquired by Checkout.com) | E328

EUVC

Join us as Tom Wilson from Seedcamp and Anthony Danon from Cocoa talk to Cyril Chemla, co-founder at ProcessOut (acquired by checkout.com)
In this episode of the Super Angel podcast, Cyril shares his inspiring journey from a school project in computer science to building a successful payment business that was acquired by Checkout.com.
Cyril discusses the importance of resilience, the dynamics of starting a business while still a student, and the impact of support from VCs and angel investors. He emphasizes the value of networking, iterating on business ideas, and the role of imposter syndrome in continuous learning.
Cyril also shares memorable experiences from his angel investing career and offers insights into his investment strategy, including the importance of evaluating founders and market potential beyond just revenue figures. The discussion also touches on the significance of collaboration and network-building in angel investing, particularly for international investments.

Go to eu.vc for our core learnings and the full video interview 👀
Chapters:

• 01:04 Cyril's Early Days in Computer Science
• 01:43 The Birth of ProcessArt
• 02:15 Acquisition by Checkout.com
• 02:37 Support from Mentors and Angel Investors
• 03:19 Giving Back to the Ecosystem
• 03:46 Encouraging Young Entrepreneurs
• 04:15 The Best Times to Start a Business
• 06:39 Memorable Angel Investments
• 07:50 Investing in Family Connections
• 09:20 Traveling and Bonding with Founders
• 11:55 Lessons from Angel Investing
• 16:19 The Importance of Grit and Determination
• 16:48 Cyril's Investment Strategy
• 17:56 Focus on FinTech
• 26:03 Challenges in the FinTech Market
• 27:36 Collaboration with Angels and VCs
• 31:24 Key Learnings and Advice