metronomic meets Will Smith

Although only in my early 40’s I am finding that I am increasingly becoming ‘old school’. Not because I am changing my ways or becoming more conservative, more just that I am not buying in to the ‘quick and easy’ approach to company building that is somewhat fashionable and as a result I am being […]

a cockroach and proud

This is definitively neither my definition, nor my idea. Rather it is a principal I have read about in a few blogs and articles with which I am broadly in agreement. I thought it worth penning a quick blog on it myself. A ‘Unicorn’ is a well used descriptive within the narrow field of tech […]

my first blog six years on

My first blog was just under six years ago when I got my first website and started talking a little about what we (‘I’ at the time) were trying to do. I recently re-visited it as all this content still sits behind the new site. I was kind of pleased to see that six years […]

cart before horse? conditional capital?

When you start a fundraise process there is only one guarantee. Not that you will either successfully, or unsuccessfully, fundraise. But that you will be faced with a multitude of, often polarised, opinions. This can be super helpful, insightful and value-add but also, more importantly, occassionally confusing and disruptive. I would never give advice in […]

three years and counting..

The third anniversary of Preparation Capital just passed without me really noticing. What was I doing to mark the occasion? With a wry smile I admit I was presenting to a potential client of one of the businesses I am involved with, helping them out with a sales presence on the ground in London (it […]

is it realistic…

I am often asked questions prefaced by the phrase ‘is it realistic’, generally followed by ‘to raise £x (thousands/millions) of capital to achieve xyz’. To the surprise of many the answer is generally yes, albeit a caveated yes. The answer is always yes because I would confidently assert that there is sufficient availability of capital […]

you have one reputation – use it wisely

Despite the title of this blog sounding like a quote from Yoda, it is something I think merits a little air-time. Fundamentally investing and working with investors is a relationship/people industry and not a ‘financial product’ industry – an oft used excuse to completely ignore the fact that people are involved. For me ‘reputation’ is […]

it’s who you are more than your money that matters

The longer I spend with young companies the more it reinforces my view that angel investing/venture capital/private equity (etc… etc…) should be much less about ‘financial products’ and much more about people based service industry with a strong financial overlay. When I originally joined the private equity industry (now left) my employer at the time […]

tactical or strategic capital?

In the marketing world a tactical campaign is one that is constructed to seize on an immediate and valuable opportunity (often offer or promotion based) to boost the P&L. Generally from a responsive budget and with short-term defined goals. A strategic campaign is one that is less focussed on short-term gain and more structured in […]

there’s a storm coming…..

I don’t hold myself out to be an expert on these things . There are better placed and more intelligent people than me that understand economics and cause and effect. And my opinions are based on instinct rather than hard fact – but what the hell, I’ll blog about it anyway….. I reckon there’s a storm […]