Building LP Relationships Without a Track Record: The Research Approach

She had been running the fund of funds for eleven years. She had seen several hundred first-time...

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Cross-Border Co-Investment Between MENA and the EU: What to Know Before...

The deal arrived through a trusted introduction. A UK-based B2B SaaS company, seed stage, solid metrics, lead...

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The Handoff Gap: Why Strong Seed Companies Fail to Reach Series...

The company had twelve months of consistent revenue growth. Net revenue retention was above 110%. The founding...

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The Premature Raise: Why Launching Too Early Costs More Than Not...

The company had six months of revenue. Twelve customers. The largest paid EUR 800 per month. Monthly...

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Running a Competitive Series A: Why Most Founders Mismanage the Best...

The founder had two term sheets. Both were from credible investors. One was from a firm she...

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What Pre-Seed Investors Actually Evaluate

The Five Things Your Deck Cannot Show Them The founder had spent three weeks on the deck....

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The Preparation-Market Gap: Why Your Deck Is Excellent for an Investor...

The deck was well-constructed. Twelve slides, clean design, a clear problem statement, a credible market size, a...

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Beyond the Pedigree Heuristic: How LPs Who Consistently Back Strong Fund...

A family office investment director in the Netherlands committed to a Fund I in 2019. The manager...

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The CVC Mandate Trap: When Strategic and Financial Goals Are Not...

A large European industrial corporation establishes a EUR 150 million corporate venture unit. The mandate, as documented...

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Portfolio Monitoring Without Theatre: What Lean Seed Funds Actually Need to...

Every quarter, the update arrives. Eight hundred words, four charts, a pipeline summary, and a note about...

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