Investor insights: University spinouts reprise – 2

Investor insights: University spinouts reprise – 2

The real cost of a university’s stake We put out a short series of posts last year about the terms on which universities would agree to in their spinouts and the impact of the (at that time) novel USIT guides.…
Investor insights: University spinouts reprise

Investor insights: University spinouts reprise

From the other side    We put out a short series of posts over the Summer about our differences of opinion with Golden Triangle standard practice and with aspects of the USIT guides. A recent conversation with an old friend in…
Investor insights: University spinouts revisited – 3

Investor insights: University spinouts revisited – 3

One for all, and all for one  This is the last post in a short series about university spinouts, contrasting our experience of regional versus Golden Triangle practice, particularly as partially codified in TenU’s USIT Guide.   Today, we consider the…
Investor insights: University spinouts revisited – 2

Investor insights: University spinouts revisited – 2

Make sure you get what you pay for  This is the second in a short series of posts examining what we believe makes for a successful university spinout, and flags some areas of contention with the recently published USIT Guide…

Investor insights: University spinouts revisited

Standardising the university spinout  We took a long break from penning Investor Insights whilst we were busy investing our first Seed EIS Fund, exiting a couple of investments, and dealing with a bunch of portfolio company challenges. But now we’re…
SEIS changes give investors more reasons to back start-ups

SEIS changes give investors more reasons to back start-ups

Changes to the tax rules that come into force next week will boost funding for start-ups and give investors more incentive to back them, according to DSW Ventures, an early-stage investor. As from 6 April, the amount companies can receive…
Investor insights: University spinouts – part three

Investor insights: University spinouts – part three

Getting your hands on the intellectual property The major asset of a spinout in its early days is typically its intellectual property. So how come spinouts don’t always actually own their own IP? Licences versus ownership At the point of…
Investor insights: University spinouts – part two

Investor insights: University spinouts – part two

Is there value outside the Golden Triangle? An opinion piece this time, unusually for us. The Golden Triangle of London, Oxford and Cambridge rightly commands attention from investors and government for the quality of its research, and the commercial potential…