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 […]

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 […]

it’s not that complex

A friend of mine, @concannon, tweeted the other day that the challenge for him in his social media role is that “The hardest part of my job is making people see that most of this stuff is much simpler than they think. They expect complicated answers.” I particularly liked this as a tweet as I […]

it’s not the strength of the engineering that matters..

It’s not a widely shared view amongst my peers, but I believe that financial skills are reasonably commoditised. It’s not the cleverness of the financial structuring, the accounting ability, the intelligent use of leverage or, in summary, anything to do with finance that makes an investor stand-out. I believe that financial structuring and intelligent legal […]

risk and reward

Getting on my soapbox a bit about the old school style of an investor keeping their cards to themselves and business managers/owners trying to sweep issues and reality under the carpet. It all starts with a subject that I feel is often not covered well and/or avoided which is the fact that in both building […]

relationship

When you are in the privileged position of being able to exercise choice over potential investment partners, it can sometimes be easy to forget that the decision to get an investor on board should involve a two-way interview process. I have often been amazed how many businesses with multiple investment proposals never took references on […]