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

EUVC - A podcast by The European VC

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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 Science01:43 The Birth of ProcessArt02:15 Acquisition by Checkout.com02:37 Support from Mentors and Angel Investors03:19 Giving Back to the Ecosystem03:46 Encouraging Young Entrepreneurs04:15 The Best Times to Start a Business06:39 Memorable Angel Investments07:50 Investing in Family Connections09:20 Traveling and Bonding with Founders11:55 Lessons from Angel Investing16:19 The Importance of Grit and Determination16:48 Cyril's Investment Strategy17:56 Focus on FinTech26:03 Challenges in the FinTech Market27:36 Collaboration with Angels and VCs31:24 Key Learnings and Advice