Oct 15, 2021
DSW Ventures, the venture capital investment business of the Dow Schofield Watts group, has promoted Eleanor Boardman to Investment Manager in a period of significant growth for the regional VC. Eleanor joined DSW Ventures from KPMG in 2019 and has been pivotal in the... 
Sep 13, 2021
Dear SaasCo, VCs often look at revenues as a benchmark for valuation – we do this because (1) the companies we invest in are very early-stage and have no EBITDA and (2) because, in most software/technology businesses costs of sales are negligible and become... 
Sep 7, 2021
Dear SaasCo At its most basic level measuring financial performance is the review of revenue, gross profit and income/loss before tax. For many start-ups busy with growing teams, building product, dealing with customers and planning for the future the analysis of... 
Aug 25, 2021
How it works in practice In this short series we’ve looked at various aspects of investor controls in venture funded companies – what they are, why they’re needed, who gets to have them, and how they’re shared between investors. We’re going to close off this topic,... 
Aug 25, 2021
Moving up and making room So far in this short series, we’ve examined simple scenarios, those where there’s a founder group and a single investor. As time goes by, SaaSco scales and attracts new investors. How do the founders and investors negotiate a position that... 