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 […]

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 […]

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 […]

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 […]

‘deal’ origination, really?

I suppose this is more of an observation rather than a blog post. My observation is on the old-school focus of ‘deal’ origination as it is still referred to in a good number of private equity firms. I was recently approached by a chap who’s role was ‘Deal Originator’ and it struck me then (perhaps […]

mind the gap

I’ve immersed myself in the world of young/start-up media and technology businesses for over two years now (quite literally as the 2nd birthday of my small company Preparation Capital has just passed in a flash), this is my 50th Blog post and I am reflective on what I have learned. The short answer is a lot, and I’m […]