Direct Startup Investment for Family Offices: The Governance Gap Nobody Talks...
The audit had been prompted by a generational transition. The second generation was coming into the family...
Cycle-Aware Portfolio Strategy: The Discipline Most Small VC Funds Skip
Two funds, same vintage. Both raised in 2020, both seed to Series A focused, both targeting B2B...
Build, Partner, Invest: Why EU Corporates Keep Getting Both Wrong
The corporate had been doing both for four years. A EUR 50 million internal innovation fund, run...
Designing Accelerator Selection for Cohort Quality, Not Application Volume
The programme had been running for three years and six cohorts. Cohort quality, as measured by eighteen-month...
What Accelerator Impact Actually Means: Beyond the Demo Day Numbers
The programme had a strong reputation. Four cohorts, three years, fifty-eight companies. The demo day deck reported...
The Fund Administration Decision: Why Cost Is the Wrong Starting Point
She was raising a EUR 40 million first fund focused on DACH B2B SaaS. She had two...
The Investor Update as a Judgment Signal
The Series A process had been running for six weeks. Two investors had passed after the first...
LP Communication That Builds Confidence: Beyond Metric Theatre
The quarterly update arrived on time. Eleven pages. Four portfolio company summaries, each two paragraphs. A fund-level...
Reading the Term Sheet That Actually Matters
The valuation was the number he wanted. €14 million pre-money at seed. It felt like validation, and...
The Translation Problem: How Emerging Market Founders Can Raise from EU...
He had built a fintech company serving underbanked small businesses across three West African markets. The product...