The unprecedented liquidity entering the venture market in the past year has spurred trends that require VCs to adapt to an environment where startup founders have far more leverage than they used to.
3 lies VCs tell ourselves about startup valuations
VCs need to stop engaging in self-delusion about why a valuation that is too high might be OK. Here are three common lies investors tell themselves to rationalize an undisciplined valuation decision.
Perform a quality of earnings analysis to make the most of M&A
Every entrepreneur must understand how to properly form a view of their company’s proper adjusted EBITDA and adjusted revenue.
Predatory financial tactics are putting the very survival of the UK care system at risk | Christine Corlet Walker
The competitive, for-profit model means investor returns have become more important than quality care and worker payThe crisis in social care in the UK does not have just one cause, nor one simple solution. Chronic underfunding, an ageing population, t…
Fortress-led group increases offer for Morrisons to £6.7bn
Majestic Wine owner tries to fend off rival suitor and win over reluctant shareholdersThe US-backed bidder for Morrisons has increased its offer for the supermarket group by £400m to £6.7bn in an attempt to fend off a rival suitor and win over reluctan…
Carlyle ups bid for inhaler firm Vectura, trumping tobacco giant Philip Morris
Offer for UK company from Marlboro cigarettes maker had alarmed medical expertsUS private equity firm Carlyle has made an improved £958m takeover offer for British inhaler maker Vectura, trumping an earlier bid from tobacco company Philip Morris Intern…
Founders must learn how to build and maintain circles of trust with investors
Founders should definitely pursue big rounds at sky-high valuations, but it’s important that they recognize how important it is to manage who they allow into their mentorship circles.
A blueprint for building a great startup founding team
Putting the right people in the right roles early on can be the difference between success and failure — and that starts at the top.
Allocations sees a world where myriad, smaller private equity funds are the norm
This morning Allocations, a fintech startup building software to help smaller private equity funds form and operate, announced that it has closed a $4 million round at a $100 million valuation. The startup also shared a host of performance metrics, including that it reached a $4.6 million revenue run rate in June, and a $6 […]
5 factors founders must consider before choosing their VC
At a time when we are witnessing record VC activity, founders would be well served to go back to the basics and focus on the principles of fundraising when determining who sits on their cap table.