Dear SaasCo: Preparing for exit

Dear SaasCo is the new DSW Ventures blog series focused on founders and board members of start-ups and scale-ups. In the first edition, Keith Benson discusses the importance of being prepared for exit – even in early-stage companies. To: founder@saasco.co.uk Cc:...
One Utility Bill extends funding to £3.3m in the past year

One Utility Bill extends funding to £3.3m in the past year

One Utility Bill, the Newcastle-based business which simplifies the utilities experience for consumers, landlords and letting agents – has raised a further £1.6m. The follow-on investment round was led by incumbent investors DSW Ventures, the venture capital...
Start-up insights: about that last round valuation

Start-up insights: about that last round valuation

“This round is valued at £6m pre-money. That’s because the last round closed at £3m. Back then, it was just me. Now there are two of us.” Back to valuations and pricing. This post is a brief journey around some of the arguments about why venture and angel...
Start-up insights: don’t take no for an answer

Start-up insights: don’t take no for an answer

After a stretch of fairly cold technical posts, we’re now turning to look at a more human issue – how hard should you, the investor, push your due diligence questioning? Most founders have a visionary streak. They see success as close at-hand, more so than the rest of...