Investor insights: Why scale-ups need an FD

Investor insights: Why scale-ups need an FD

“We haven’t got any sales. Why should I waste my money on a finance director?” There’s a pre-conception common among founders that a finance director just counts the monies. No revenues equals no monies. Combined, that equals no need for a finance director. But – and...
VC Insights: How to build a useful board pack

VC Insights: How to build a useful board pack

Focusing on a good monthly board pack is a task that can be easily pushed down the priority list, but it’s a key part of making sure a board operates effectively as a business looks to grow and scale. A strong pack both helps founders get as much value out of their...
Investor insights: Director’s service contracts – part six

Investor insights: Director’s service contracts – part six

“How a night in a five star hotel room cost me my company” Well, I guess there are lots of stories that could flow from a headline like that. Most would be a lot more interesting than the post below. So I’ll keep it short. The point is that founders can get themselves...
Investor insights: Director’s service contracts – part five

Investor insights: Director’s service contracts – part five

“Thou shalt not compete with SaaSco” So sayeth the venture investor. Not quite the 11th commandment, but a fair position for venture investors to take. So what does compete look like, and how in practice are these clauses drafted in the director’s service...
Investor insights: Director’s service contracts – part four

Investor insights: Director’s service contracts – part four

The eternal triangle: company – founder – investor A misleadingly intriguing subtitle for an article on enforceability of director’s service contracts, you might say: simple click-bait. And you would be right. Still, it’s something that investors in particular do need...
Investor insights: Director’s service contracts – part three

Investor insights: Director’s service contracts – part three

The things that founders get up to when you’re not looking This series has so far focussed on getting clarity in setting remuneration levels for founders. But remuneration for what? The undivided attention of the founder team of course, say the investors. Well, maybe,...