Take a look under the covers at VC Funds

November 24, 2009

You can now do just that! TheFunded.com is an online community of entrepreneurs to research, rate, and review funding sources worldwide. Membership, which is FREE for CEOs, will give you unparalleled access to the collective wisdom of over 11,500 entrepreneurs and other business leaders, as well as detailed profiles of over 3,900 funds and contact information for over 17,250 investment professionals. In addition, TheFunded.com allows entrepreneurs to view and share term sheets, to assist one another finding good investors, and to discuss the many facets of operating a business.

Check out the Membership Screencast at The Funded website for a guided tour, which will show you first hand how members can access candid reviews of funds by CEO members who have first hand experience of the way they operate.

It’s also worth checking out a presentation by Adeo Ressi, CEO The Funded, who has an interesting take on Venture Capital Trends.


100 Ways to Be a Better Entrepreneur

November 19, 2009

As a High-Growth Business Coach I’m often asked for those little nuggets of wizdom that come with age and personal experience as a successful entrepreneur. It was therefore pleasantly surprised when I came across the most Comprehensive Do List for Entrepreneurs looking to grow a business more efficiently and efficiently. The list has been published by Entrepreneur.com, which is a resource well worth following for nacent entrepreneurs.

Mentoring opportunity for ICT entrepreneurs

April 25, 2009

Worshipful Company of Information Technologists

ICT (Information and Communications Technologies) entrepreneurs from start-ups or early stage ventures now have the opportunity to be mentored by experienced senior IT professionals who are members of the Information Technologists’ Company (ITC). The ITC (also known as the Worshipful Company of Information Technologists) is the 100th Livery Company of the City of London, which provides significant charitable and educational programmes useing the expertise, resources and networks of its 650 members.

The mentoring services are FREE and can happen face-to-face, over the telephone or by email. Sessions may be as frequent or as occasional as both parties feel is appropriate, and may last as long as both parties agree.

To find out more or request a mentor go to www.itcmentoring.com

Plot your company’s Equity Fingureprint

July 21, 2008

The idea of plotting a company’s Equity Fingerprint was devised by Philip Baddeley, a Cambridge based entrepreneur, Business Angel and mentor. An Equity Fingerprint encapsulates the equity structure and valuation of a business, which is essentially an equity map that plots the effect of shareholder dilution overtime as additional rounds of funding are closed.

Apart from being a useful tool for entrepreneurs, the Equity Fingerprint Methodology is also now being used as a research tool and a means of teaching the role of external equity finance in the growth of new ventures. To find out how to plot your own company’s Equity Fingerprint and see examples of other successful high-growth businesses such as Google and Cambridge Silicon Radio download The Essential Guide to Equity for Entrepreneurs.

When considering the possibility of dilution in order to raise additional finance, just remember that in the long run, it’s better to have a small piece of a large pie than a large piece of a small pie!

Develop your network

May 16, 2008

Developing a network is an important activity for entrepreneurs who will all require information, capital, skills, and labour to start a new venture. These networks comprise of people who are known to the entrepreneur, or who are known by the entrepreneur’s contacts and who can help to complement the entrepreneur’s resources, particularly at the early stages of a new venture. The larger the network, or social capital as it is known, the greater the chances that the entrepreneur will be able to tap into the right knowledge source, at minimal transaction costs. The venture’s ability to attract and retain clients depends not only on its ability to produce high-quality products or services, but also on its connection to potential clients, which a network can provide.

Sierra Navada College have developed an “Entrepreneur Network Experiential Exercise”, which provides an opportunity for entrepreneurs to diagnose their own network of relationships. Follow the link and complete the questionnaire to determine the density of your own network.

Get some help from a Venture Navigator

March 1, 2008

Want to find out for free if your business is viable? Then visit www.venturenavigator.co.uk where you’ll find a series of assessments on key aspects of a business. The assessments are based on acknowledged best practice and include the general viability of a business, fitness for a particular business sector as well as guidance on important factors such as intellectual property and investment readiness. VentureNavigator has been created to make valuable resources in higher education institutions available to the UK’s business community in order to encourage innovation and successful business creation.

Raising Venture Capital Finance in Europe

January 11, 2008


For the entrepreneur with a well-developed business proposition, a team which has previous experience of running a successful business and a properly researched market, where the product or service has the potential to capture a leading stake in the market or a carefully targeted segment of the market, the time has never been better to seek venture capital financing. Knowing how to approach venture capital firms is key and it is also essential to have at least a basic understanding how they go about appraising an investment proposition.

A new book Raising Venture Capital Finance in Europe focuses on the entire venture capital process from how to select and approach a venture capital firm, how the venture capitalist goes about appraising the entrepreneur’s proposition, how he or she negotiates the terms of the deal, through the due dilligence process, dealing with warranties and indemnities, post-investment monitoring by the venture capital firm and, to exit routes including trade sales and stock market floatations.

The book is written in layman’s terms, with terminology clearly explained. Practical advise on preparing a business plan in a form suitable for submitting to a venture capitalist, including the key areas of the quality and experience of the entrepreneur and his or her management team. Alternative sources of finance to venture capital are also covered, including government sources, business angel finance anf loan and asset-backed finance.