what is venture building?

Posted by in Investing

Our website proudly proclaims ‘We are Venture Builders’ – but what does that mean? First let’s start with what it isn’t. It isn’t ‘incubation’ as incubation is generally short-term. Our Venture Building is a commitment of 5+ years. It isn’t ‘acceleration’ as again acceleration is equally short-term. It isn’t ‘investing’ [replace with venture capital or […]

that don’t impress me much….

Hi. Okay. So you have: a phenomenal CV, identified a mega problem/gap in the market, a genius CTO/co-founder, a brilliant business idea, a huge addressable market, some interesting and well respected investors/advisors and you will be worth £millions in a very short amount of time. Unfortunately, in the words of Shania Twain, “that don’t impress […]

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 […]

six years and a new website

When we started doing this six years ago there was a (semi) vision of getting involved in exciting multi-tenanted SaaS start-ups and helping them navigate the challenges of dealing with the whims and foibles of the investment community. It was born out of eight years in Private Equity and understanding that it wasn’t only how good […]

running a marathon

The catalyst for this post was a comment from a good friend over the weekend who was talking about his (sub 3hr) marathon strategy. His comment was that when he realised “the way to run a marathon is to consider the halfway point to be 22 miles” that it really step shifted his abilities. The […]

do you eat your vegetables?

You’re never too small to forecast. There are a surprising number of entrepreneurs I meet who seem to view forecasting/budgeting as a chore rather than a necessity. It’s one of those regular scenarios where I seem like a dullard, old man, nagging about the need to do financial forecasting when the world of being an […]

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 […]

as Tina Turner said – better than all the rest….

I was sat with the CEO of one of the young businesses I work with yesterday having a coffee and looking forward to 2013.  We are still a young company, albeit growing at c200% per annum. For the first two years of our life our prime challenge had been three things: sales, sales, sales. A […]

milestones and cheese

I have found myself referring to milestones a lot recently. A word that resonates for me, is common parlance in investing yet like many things might not be clear to all. Milestones, for me, relate to strategy. Certain points in a business’ life when an event, or events, conspire to deliver a transformational change in […]

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 […]