EPISODE · Feb 6, 2026 · 1H 7M
“Great founders don’t have an exit plan”: Carmen Alfonso Rico, founder at Cocoa.
from Scaling Europe · host Sebastian Johnson
Carmen Alfonso Rico is the founder of Cocoa, a pre-seed fund backing founders at the moment before a company really exists.We talked about what she means by backing “killers with a heart”, why building a venture-scale company makes no rational sense, and how she looks for founders who feel it’s inevitable for them to build.The Scaling Europe show is presented by Deel – check them out here:https://get.deel.com/ruynb7o4lfjk
What this episode covers
Carmen Alfonso Rico is the founder of Cocoa, a pre-seed fund backing founders at the moment before a company really exists.We talked about what she means by backing “killers with a heart”, why building a venture-scale company makes no rational sense, and how she looks for founders who feel it’s inevitable for them to build.The Scaling Europe show is presented by Deel – check them out here:https://get.deel.com/ruynb7o4lfjk
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“Great founders don’t have an exit plan”: Carmen Alfonso Rico, founder at Cocoa.
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