Finding the Right Financing Mix: The Capital Structure Decision

“Neither a borrower nor a lender be” someone who obviously hated this part of corporate finance First Principles Invest in projects that yield a return greater than the minimum acceptable hurdle rate. The hurdle rate should be higher for riskier projects and reflect the financing mix used – owners’ funds … Continued

Venture Capital: An Overview Of Trends, Strategies And Structural Issues

Anatomy Of A Term Sheet Venture Capital: An Overview of Trends, Strategies and Structure Owners and managers of early-stage growing companies often have mixed views toward the institutional venture capital industry. On one hand, they welcome the money and management support they desperately need for growth, but fear the loss … Continued

Business Angel Networks: An Exploratory Study…

Business Angel Networks: an exploratory study into the value and benefits provided to investors and entrepreneurs Business angel investment is important to fostering an entrepreneurial economy and building future successful companies. The financing provided by business angels fills in the gap between founders, family and friends at the lower end … Continued

The Views of Family Companies on Venture Capital

The Views of Family Companies on Venture Capital: Empirical Evidence from the UK Small to Medium-Size Enterprising Economy This explorative research paper draws evidence from a database of small to medium-size unquoted private companies (n = 240) in the UK and reports on the family business and venture capital relationship … Continued

Best Practice Guidance for Angel Groups: Deal Structure and Negotiation

Structuring the deal is a key aspect of completing an angel round of financing. It is critical to ensuring that management, employees, past investors, current investors and future investors are all satisfied with the company under its new capital structure. As a result, negotiating and structuring the deal can be … Continued