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…
Investor insights: Director’s service contracts – part two

Investor insights: Director’s service contracts – part two

Bonuses - and how to fall out with your backers In this second part of a series about director’s service contract terms, we’re going to look at bonuses. They might be a major component of senior management remuneration in the…
Investor insights: Director’s service contracts – part one

Investor insights: Director’s service contracts – part one

Directors’ service contracts – why they matter to investors When an investor first writes their cheque, their thinking is usually not so much that they’re backing the Company but instead that they are backing management. The problem is that their…
DSW Ventures promotes Eleanor Boardman to support growth

DSW Ventures promotes Eleanor Boardman to support growth

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…
Dear SaasCo: Financial Performance Part 1 – Revenue and Cash

Dear SaasCo: Financial Performance Part 1 – Revenue and Cash

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…
Investor insights: Sharing control with investors #5

Investor insights: Sharing control with investors #5

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…
Investor insights: Sharing control with investors #4

Investor insights: Sharing control with investors #4

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…
Investor insights: Sharing control with investors #3

Investor insights: Sharing control with investors #3

Don’t ask, don’t get Here we are again on the fascinating subject of investor consents. We’ve previously scheduled out why investors want them, what they are, and now let’s take a look at when they get deployed in practice. As…