12/20/2010
VC priorities
– Do VC’s help portfolio Co’s other than with cash? – The MD of a potential investee asked me today. Very good question, I thought. If they did not, than VC money was commodity like bank financing. Go to whoever gives you the most money fastest with the fewest strings. If we ask the funds, [...]
12/16/2010
Human offshore
In recent years, there has been much sabre-rattling about unethical entrepreneurs using the veil of secrecy of offshore paper companies. The outgoing government introduced legislation restricting the use of foreign parent companies, unless they are transparent vehicles conducting operating activities. Entrepreneurs must show what they have, or else… First, I was surprised that politicians were [...]