Creative Capital Fund. The Creative Capital Fund is currently no longer investing in London as all of our funds are now committed. There may however be an opportunity to invest in the future and we will post a notice on our website if this is the case. We do also operate a fund in the North West of England - the North West Fund 4 Digital & Creative. If the business opportunity could realistically relocate to the area, we would be delighted to consider the funding application and invite you to read further information and apply here. About the Creative Capital Fund (CCF) The CCF will make equity investments of up to £650,000 in promising early stage companies. In addition, the CCF works closely with seasoned entrepreneurs and professionals throughout London to offer these nascent businesses not just investment but also the mentoring and support critical for success. Apply for funding for a creative business Register as a co-investor Register as a non-executive director/mentor Advise new contact information.
London Knowledge Innovation Centre | Home - White Bear Yard. HackFwd. I would like to announce that we have stopped accepting new startups into HackFwd three years, three months and three days after we first began supporting Europe’s most passionate geeks. This also seems like a great opportunity to share the lessons that we have learned to date. I wish I could be pithy, but there’s a bigger story worth telling. If you’ll indulge me, I’d love to share my thoughts about what we did right and what we did wrong.
Let me back up a moment. After I left XING, I went traveling with my family for several months. The trip was long overdue; after seven years of constant work, I needed the time and space to really imagine my next steps. I arrived home with 15 new business ideas, but I knew I couldn’t pursue any of them in earnest until I sold most of my shares in XING. But I didn’t look for the highest bidder. What’s best for our members? We had several buyers offer up answers, but Dr. That’s when it hit me. This time, though, I wanted to get it right from the start. Technology Strategy Board | Competitions. LearnVC.com | Your guide to raising capital.
Term Sheet: Board of Directors | LearnVC.com. Posted on 07. Jul, 2008 by squareroots in Governance and Control Originally posted on Feld Thoughts “Term Sheet: Board of Directors” by Brad Feld, reposted with permission. In our series of posts on Term Sheets, Jason and I thought we’d take on a relatively easy one today.
In our previous posts on Price and Liquidation Preferences, we discussed the key economic terms that VCs care about. VCs care about control provisions in order to keep an eye on their investment as well as – in some cases – comply with certain federal tax statutes that are a result of the types of investors that invest in VC funds. There is no secret science in the board of director election paragraph – it simply spells out how the board of directors will be chosen. A typical term sheet looks as follows: Board of Directors: The size of the Company’s Board of Directors shall be set at [n].
Many investors will mandate that one of the common-stockholder chosen board members be the then-serving CEO of the company. How to structure equity for the founders - McStartup Blog - McStartup - tasty advice for startup companies. This next question comes from Brian, who has had a problem in the past with a member of the founding team getting cold feet after the venture was started, and then refusing to give up the equity he had been given. In this particular case the founder in question hung around with substantial equity, held bitter feelings toward the rest of the team, and made funding awkward and difficult.
His question pertains not to his current situation, but how to avoid it in the future. Brian writes:How should we structure the founders equity so that we don't get stuck in a situation where a founder leaves and keeps all his or her stock? This is an area that many startups, especially when founded by first time entrepreneurs, don't even think about. This is great, until someone decides to leave early, or otherwise makes a troublemaker out of themselves. The solution is really quite simple, but isn't obvious unless you've dealt with it before. I hope this is helpful. The 8 Slide Investor Pitch. National Venture Capital Association. Pre Money Valuation. What's the difference between pre-money and post-money? The short answer to the question is that they differ in timing of valuation.
Both pre-money and post-money are valuation measures of companies. Pre-money refers to a company's value before it receives outside financing or the latest round of financing, while post-money refers to its value after it gets outside funds or its latest capital injection. Pre-money valuation refers to the value of a company not including external funding or the latest round of funding. Post-money valuation, then, includes outside financing or the latest injection. It is important to know which is being referred to as they are critical concepts in valuation. Let's explain the difference by using an example. The ownership percentages will depend on whether this is a $1 million pre-money or post-money valuation. As you can see, the valuation method used can affect the ownership percentages in a big way. This topic gets very important in situations where an entrepreneur has a good idea but few assets. Valuing Your Software Start-up for Angel Investors | The Early Stage Investment Blog.
I see many start-up business proposals as part of our angel group deal flow, and one of the most difficult things for founders seems to be deciding how much money to ask for, and what to specify regarding the pre-money valuation for the company. Angelsoft, the tool we use to manage deal submissions, requires that both fields be entered on the funding application.
I have commented in prior posts regarding some of the methods angel investors may use to value an opportunity, and many of these can be helpful. But even the simplest which is probably the “Berkus Method” can result in a valuation anywhere from less than 500K to up to 2.5M - covering all stages of the start-up life cycle. What is “normal” for a true start-up company that is pre-revenue, has a team of 2-4 people and a good looking product prototype? I have seen many extremes. I remember one entrepreneur I spoke with who was adamant that his 1 person “idea” with no team, product, revenue, or customers had a value north of 3M. Seed Venture Capital | Seed Capital | SEED CAPITAL UK. In the UK; getting your company off the starting point; demands a lot. You need to source for the commensurate capital or the necessary funds to get the business going. Really, Seed Venture Capital is one such avenue you can always engage when it comes to raising enough capital for the smooth take-off and running of your business venture.
Indeed, seed venture capital is one of the investment portfolios of UK based angel investors. These are wealth business moguls who are ready to offer real funds to help your business get started. These angel investors are indeed available in various capacities in the UK. Many times, a good number of the UK angel investors do come together to form a formidable network of partners that are responsible for sponsoring individuals and companies in getting their business ventures off the starting line.
Meanwhile, it is very pertinent to note that Seed venture capital is usually a private equity fund. White Bear Yard launches $60m investment fund for early stage European startups - TNW UK. The partners behind London’s White Bear Yard are launching a major new investment fund aimed early stage European startups. The $60m Passion Capital fund will invest in fifty startups over the next five years, providing seed funding of between £150 and £200k at a time. However, the partners say that they may go as low as £15,000 to £50,000 and higher than £200,000 depending on the situation.
Focusing on the UK and Europe, Stefan Glaenzer, Eileen Burbidge and Robert Dighero will be looking for ambitious entrepreneurs with potentially disruptive ideas in the Internet and mobile sectors. An Enterprise Capital Fund, it has been raised from a mixture of two-thirds public money and one-third private. Worth £37.5m in Sterling, the fund consists of £25 million UK government funds and £12.5 million from private investors. With the current talk of a technology investment bubble, is this the right time for such a fund?
“We love early-stage investing,” says Burbidge.