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By accessing this website, you signify your unconditional agreement with and understanding of the following terms of use and legal information pertaining to both this website and any information provided on this website hereon and its videos (“Site Content”). Entrepreneur First Investment Manager LLP (“EFIM”) recommends reviewing this disclaimer on a regular basis for changes.

This communication is only intended for qualified investors who have the experience, knowledge and competence to make their own investment decisions and properly assess the risks involved. This website is exclusively intended for their private use, and its content may not be disclosed to a third party without the prior written authorization of EFIM. Access to this communication may be restricted by law in certain jurisdictions. Persons who come into possession of this communication are required to inform themselves about, and to observe, any such restrictions.

EFIM does not act as a financial investment advisor and cannot be held responsible for any financial or other consequences resulting from the decision you may make on the basis of this Site Content. You should conduct your own risk analysis and consult your own legal, financial, tax, accounting or other professional advisors. Before investing in any product, an investor should fully understand the risks, including any market risk associated with the issuer, the financial merits and suitability of such products and consult with his or her own legal, tax, financial and accounting advisors before making an investment decision.

The information provided on this website and Site Content is not intended as a recommendation to purchase, sell or hold any shares or security or suggest that you pursue any investment style or strategy. Under no circumstances should anything herein be construed as an offer to sell or solicitation of interest to purchase any securities, including any securities of EFIM or any entities managed or advised by EFIM (together being, “Entrepreneur First”) or any securities of Entrepreneur First’s portfolio companies. Further, no Site Content is or is intended as investment advice or financial advice (or an offer to provide such advice) by EFIM or Entrepreneur First. Nothing in the Site Content shall be reflective of the views or opinions held by EFIM in relation to the business or financial condition of any of its portfolio companies. The accuracy, completeness or relevance of some of the information provided is not guaranteed, although it has been compiled from sources believed to be reliable.

Under no circumstances should any information, data, opinion or material in the Site Content constitute or be used or considered as an offer to buy or a solicitation to sell any securities, nor can they be assimilated to investment advice from EFIM, its directors, representatives or employees, and have no legal effect, in particular of a contractual nature. All potential investors are informed that they must obtain professional advice concerning the regulations and taxation applicable to transactions in financial instruments in their country of origin, residence or domicile.

EFIM does not pronounce on the future performances of an investment. Generally, investments in new businesses entail substantial risks and should not be intended as a complete investment program. It is highly speculative and potential investors should be aware that no established market exists for the trading of shares in private companies. Therefore, past performance cannot be taken as an indication of future performance. The value of the invested capital as well as the incomes resulting from it are subject to fluctuations which can lead to losses, even reduce the invested capital to zero. The Site Content is intended to provide general information only and do not represent advice given by EFIM or Entrepreneur First. It is intended to make decisions easier but it cannot be a substitute for personal advice. Before making use of the content, potential investors should check carefully whether the information is suited to their needs and is compatible with specific objectives. Before investing in any company, potential investors are strongly advised to seek appropriate advice, including legal and tax advice, from persons authorised to provide such advice.

EFIM has no obligation to update the data and information on the website. The information on this Website is not intended for distribution to, or use by, any person or entity in any country or jurisdiction where such distribution or use would be contrary to law or regulation.

The video contents are owned by LD16, PA6, and BE7 companies listed (the “EU17 Companies”) and not by EFIM. Each EU17 Company is solely responsible for the information provided. EFIM has not verified the information and nothing contained herein shall constitute any representation or warranty and no responsibility or liability is accepted by Entrepreneur First as to the accuracy or completeness of any information provided herein. Recipients of the information are advised to perform independent verification of the data and conduct their own analysis with appropriate advisors. Any prospective investor should consult his, her or its own advisors as to the legal, tax and economic implications of any investment opportunity and its suitability for such investor and Entrepreneur First accepts no responsibility for any loss which may arise from reliance on the Site Content. 

Opinions expressed are current opinions as of the date appearing in this material only and have not been updated since. The information provided in these materials is illustrative and no assurance can be provided that any of the future events referenced herein (including projected or estimated returns or performance results) will occur on the terms contemplated herein or at all. EFIM makes no representations or warranties as to the accuracy, reliability or completeness of any information at this website and the Site Content. Any contents at this website and the Site Content are subject to change without notice.

EFIM assumes no guarantee for the content of this website and the Site Content. With the exception of blameworthy injury of life, body or health, due to intentional harm or gross negligence, EFIM assumes no liability, for direct or indirect damage, including loss of earnings, incurred in connection with the use of the information provided on this website. The same applies to the partial or complete inability to access or use, or any other difficulties in accessing or using, the Site Content. EFIM explicitly reserves the right to completely or partially modify, amend, delete or temporarily or permanently discontinue the website or individual sections thereof without separate notification.

The website and the Site Content and websites of other providers whose contents are not authorised or controlled by EFIM may contain hyperlinks. EFIM wishes to ensure that the contents of these sites are not attributed to EFIM solely as a result of the publication of a hyperlink. EFIM hereby distances itself from all explicit and implicit contents concealed behind these hyperlinks, including servers, third party postings, mailing lists, discussion forums or guest books. EFIM is not aware that the contents of other websites are in breach of the applicable law. Any such breach would naturally result in the removal of the relevant hyperlink. Hyperlinks to this website or the inclusion or presentation of information on other websites are only permitted with the prior explicit consent of EFIM.

Entrepreneur First Investment Manager LLP (LLP No. OC397263) with registered office address at Lincoln Building 100 Clements Road London, England SE16 4DG, is authorised and regulated by the Financial Conduct Authority with FCA registration No. 807367.


This website and the Site Content is for information purposes only and does not constitute an offer of securities or shares in investment funds within the meaning of the German Capital Investment Code (Kapitalanlagegesetzbuch), nor investment brokerage (“Anlagevermittlung” pursuant to the terms of the German Banking Act (Kreditwesengesetz), nor a financial analysis within the meaning of the German Securities Trading Act (Wertpapierhandelsgesetz). It is aimed exclusively at professional and semi-professional investors and is not intended for private investors.


This website and the Site Content are for information purposes only and does not constitute a public offer  (offre publique de titres) pursuant to Article L.411-1 of the CMF or a financial investment advice as defined in article D321-1 of the CMF. It is aimed exclusively at qualified investors as defined in articles D411-1 to D411-4 of the CMF and is not intended for private investors.