Hillel Zidel

Taavet Hinrikus and I made the Financial Times Due Diligence email. https://lnkd.in/ez2AuGQx One 'unintended consequence' is that if there is a 45% tax on carry and CGT (raising £40m per year, remember) it for all intents and purposes closes the door on new VCs in the UK. Especially started by teams from non-traditional backgrounds. To meet the GP commit, you need to be already part of the 'wealthy' as you cannot rely on the value you create - nearly half of it will disappear - to fund it. We have both had extremely successful startups which are few and far between. The smaller number of new VCs will therefore more likely increasingly be for people who have inherited the capital or can draw it from their already rich family. Probably not want they have in mind with this policy.

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Mountside - 400+ VC firms with fresh capital and UK focus https://lnkd.in/eERd3pHS Mountside Ventures keeps track of VC forms that recently raised a fund - they are most likely to be actively investing. The focus is mostly, but not exclusively, UK. ----- ♻️Like, Comment, Share Follow Startup Vencha for more, Stop Thinking & Start Doing.

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London, UK based growth investor Copilot Capital recently launched a fund 💸 $200M fund seeded by an investment division of The Friedkin Group. 💡 Investing up to $40M in European software start-ups looking to scale and help founders drive further growth and profitability, with a specific focus on go-to-market strategy, internationalisation, acquisitions, and data & AI. 🌍 #Europe 📈 Alongside the fund’s launch, Copilot Capital has made its first investment into Danish-based Relesys, an all-in-one employee app for frontline workers in the retail industry. 💭 “There are 60,000 SaaS companies across Europe. Our goal is to identify businesses with market-leading products and proven revenue models and equip them with the capital and expertise to scale into software champions.” - John Messer, Copilot Capital’s co-founder 🗞️by Tech Funding News https://lnkd.in/dSjYtXgY 👏 For the #AudaciousInvestors unleashing innovation and empowering tomorrow🚀 John I Charlie I Charlie I Dave I Alba I Kitarack I Zerxis I Kemar I Zarosh I Hannah I Team Copilot … #growthcapital #pe #funds #startups #entrepreneurs #uk #funding #tech #entrepreneurship #technology #innovation #venture #london

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🚀Getting your first investment pitch deck right as an early-stage founder can mean the difference between success and failure. Founders often struggle with a lack of interest in their pitch deck, even if the company generates early revenue. 💷In our latest blog, we asked Ian S Dixon, our Head of Access to Finance, to share his top tips to help you with your deck and successfully secure finance. Find out what Ian recommends 👉https://ow.ly/LhPh50TVAcW #Startup #Investment #Fundraising #EarlyStage #BusinessGrowth #FinanceTips #Funding #BusinessStrategy #PitchPerfect

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"People just got in touch with us" 💰 Fundraising can be extremely stressful for founders. Michael Paisley, Co-founder at heata reveals the various routes he took to raise capital. 📈 To catch up on Michael's episode (S3Ep6), hit the YouTube or Spotify links below. 📺 YouTube - https://ow.ly/alzT50StbLv 🎧 Spotify - https://ow.ly/CxPq50StbLw #SustainableCompute #TechFounder #Fundraising #RaisingCapital #InvestmentTips

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👀 PitchBook's newest article: "Why some European startups are picking debt over equity" by Leah Hodgson looks straight out of a Fuse Capital blog: 💡 Here are some interesting excerpts: “There is more supply now of venture debt than there potentially was 24 months ago in the UK and Europe and we’re starting to see that being deployed.” "With less equity capital available, some start-ups have turned to debt to fund day-to-day operations and extend their runways. Although higher interest rates have made debt more expensive, venture debt can still be a cheaper option for those founders unwilling to see their share diluted. “Market conditions are making companies, especially mature ones, hesitant to raise equity capital due to potentially low valuations,” said Shmuel Chafets, founder and partner at Berlin-based VC firm Target Global. “Venture debt acts as a bridge, extending their runway until the market improves.” "Venture debt has historically been used less in Europe than the US, in part due to a lack of education, Chafets added, but start-up mindsets are changing. As the European ecosystem matures, the region’s start-ups are becoming more comfortable with venture debt as a financing tool." 🌍 The UK and EU markets are slowly catching up to the more mature, more established UK market, as more new players start to realise the opportunity there's in this. And as it's expanding, the ecosystem which comprises around 300 funds, can be difficult to navigate and make the most of. 🤓 Hire a specialist advisor who's pioneered venture debt from its European inception until today, with 550+ deals under their belt. That will allow you to cash in on this opportunity, and turn in the best possible term sheet you could get on the market. Contact Fuse Capital for more information 🚀 #financialadvisor #venturedebt #vc #alternativefunding #fundraising #techfunding #entrepreneur

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Venture Capital can enable earlier stage, high growth businesses to raise cash to fund growth and gain the insight of an institutional shareholder. Rhiannon Nightingale, Investment Manager at Foresight Group, set out the best uses for venture capital trust (“VCT”) funding in a recent RGCF article: “VCT funding is designed to support growth, so the funding needs to be retained within the company with growth and development in mind. What that means in practice can be a wide variety of things: headcount growth, research & development of new products & services, spend on marketing & sales activity, and capital expenditure to name a few examples.” Thanks to Rhiannon for her contribution and see the article for further insights on which businesses are best suited for VCT funding, and what it can help those businesses achieve. https://lnkd.in/eEzZEmYq Carl Swansbury FCA | Nick Johnson | Connor McBride | Sam Shield | Alex Simpson | Jen Bassyouni | Benjamin Kain | Max Woodhouse | Kerry H. | Euan Mulholland | Andrew Alexander | Ella McDonald | Tom Cosby | Conor Quinn

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Joining truffl venture club unlocks a range of exclusive benefits for angel investors: → Access to VC-grade deal flow: our deal flow strategy is centred around accessing allocation to VC-backed startups. → Low minimum investment amount: our minimum investment per deal is significantly lower than going direct, making it easier to participate in more deals. → Outsourced term sheet negotiation: we negotiate fair but favourable terms with founders on your behalf, leveraging our collective buying power. → Enhanced due diligence: most of our deals are VC-backed, so they have gone through thorough due diligence that we get access to. → Networking opportunities: our community is comprised of like-minded people, which presents ample opportunity to collaborate. → Benefit from tax relief: depending on both the startup's location and your tax residence, you could benefit from tax relief. Our syndicate is about more than just deploying capital. You get the opportunity to network with angel investors and entrepreneurs from across the globe and to play an active role in shaping the future. Join our venture club and get access to institutional-grade deals. Register here: https://www.truffl.vc/. #vc #venturecapital #syndicate #investing

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Some of the world’s most successful businesses, like Apple, Google, and Amazon, started as early-stage companies.    Investing through a venture capital trust (VCT) is one of the easiest ways for UK investors to invest in early-stage companies. In fact, VCTs make it possible to gain diversified exposure to early-stage companies while also spreading the risk across several different ones, any of which could have the potential to become a success.   Learn more about what early-stage investing is, why it matters and what investors should look for in early-stage companies - https://lnkd.in/ePCkFhyK #vct #investing #earlystageinvesting

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Discover the Key to Unlocking Pre-Seed Funding Success! 🚀 Pre-seed funds have become a critical lifeline for startups, offering the initial boost to transform a concept into reality. 🌟 But how do you navigate this early-stage funding landscape effectively? We’ve put together an extensive guide that covers everything you need to know about pre-seed funding: 🔸 What is Pre-Seed Funding? 🔸 2023 Funding Statistics 🔸 Top 20 Pre-Seed Funds 🔸 Tips for Securing Your First Investment Learn from the experiences of our clients who have successfully navigated this challenging yet rewarding journey. 💼 Is your startup ready to take the leap? Find out more by diving into our comprehensive article! Find the link in the first comment. #Startups

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Thank you Funds Europe for including my voice in the new UK Budget coverage. VC industry was expecting the tax on carried interest - private equity managers’ share of profits on successful deals - to increase. However many of my fellow Venture Capitalists raised a concern about removing the right incentives for taking risks. These incentives are even more important for the founders creating strategic technology assets in the UK than for their investors. "Carried interest rewards fund managers who take long-term risks, which frees the capital needed to support early-stage innovation, particularly in R&D-intensive fields like quantum computing and AI. These sectors require sustained, high-stakes investment, where tremendous strategic asset value can be created, but the journey involves a great deal of risk-taking and patience." Thank you to everyone who led a dialog on this topic in the past few months and made sure that incentives are largely not removed for the founders and capital to stay in the UK. OpenOcean, British Private Equity & Venture Capital Association (BVCA), Michael Moore, Daniel Harrington

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The Founder Effect describes the impact that a founder has on the company that they started. Specifically, the Founder Effect highlights a founder's influence on the company at the early stages, and the way that influence lingers on even after a founder has left the organization. This influence can have both positive and negative effects on a business. Learn more: https://lnkd.in/gP5xmC6U #Strings #StringsTech #VentureCapital #VentureStudio #Funding #Investment #Startup #Entrepreneurship #SocialImpact #InnovationLeaders #AntFinancial #UnicornStartup #FintechRevolution

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#Funding #OtherStuff Daring Capital invests €1.2 million in purpose-led founders in its first year of operation: Daring Capital, a UK impact investor network, has invested €1.2 million in purpose-driven startups during its first year. Launched in August 2023 by Jem Stein, the company has prioritised support for female founders, who received 95% of the capital, and 76% to Black and Racially minoritised founders. The investment aims to back overlooked entrepreneurs building […] The post Daring Capital invests €1.2 million in purpose-led founders in its first year of operation appeared first on EU-Startups.

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What would you do if fear wasn’t in the equation? 💬 Here's General Partner Andy Greenfield's thoughts on it after 20+ years of working with founders. 👾 Every founder has those big ideas 🧠 —the ones that could change everything. But often, fear steps in: fear of funding shortages, of key people leaving, or of competitors moving faster. Here’s a challenge: imagine moving forward without those worries. What if you acted on what truly excites you, no holds barred? By focusing on what could be rather than what could go wrong, you might just spark the momentum needed to reach that next level. Bold action leads to bold results. Sometimes, the real risk is in playing it too safe. Andy Greenfield | Wills Hapworth | Alara Dinc | Charlie Lambropoulos | Ram Parimi | Harry Landis #Startups #Leadership #FearlessMindset #Innovation

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Get up to speed on the latest news from the early-stage startup ecosystem 👇 💼 UK government extends tax relief until 2035, giving investors more incentives to back early-stage startups, according to UK Tech News 🚀 Startup acquisitions surge in the U.S.—39% of M&A deals are now made up of larger startups buying smaller ones, as reported by Crunchbase 🏠 Growth is expected for fintech startups within the mortgage industry as lower US interest rates create more opportunities for lending, based on TechCrunch 💡 OpenAI raises $6.6 billion, pushing its valuation to $157 billion, spotlighting the continuing AI boom, as mentioned by Fortune Swipe through the carousel and stay tuned for more updates in the coming weeks 📣 #ConnectdNewsRound #Founder #Startup #StartupNews #Entrepreneurship

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🚀 Busy founders looking for funding, I'd love to help you boost your odds! Having worked with investors since 2015 from a merger and due diligence perspective, I've noticed some patterns. 📊 After talking to fellow DD consultants last year and examining repeated patterns across many projects, I recognised there are common areas that founders are penalised for—areas they could address well before negotiations. The problem is that you're too busy, and many people don't know what good looks like. That's why we're running a 5-day challenge in July. We'll teach you about the common, usually quite simple, problems that will come up during due diligence. My view is that a firm worth selling is worth keeping, which involves bringing your firm up to 'investor grade'. This challenge is for those seeking Seed and Series A funding. For more information, check out the link below.

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🎸🤘What do investors look for in startups? Paul Lehair, Partner at AlbionVC VC, shares with Nick Telson-Sillett, Co-founder of trumpet 🎺 the key factors VCs focus on when investing: ✅ Product-market fit   ✅ Revenue potential   ✅ Differentiation from competitors Paul highlights the importance of clear storytelling, strong traction, and customer satisfaction. He also sheds light on investing in AI, navigating competitive markets, and the power of scenario planning to reduce risk. Personalization and uniqueness in your pitch deck are critical to grabbing investors' attention! Listen to the full episode on Pitch Deck's podcast series here: https://lnkd.in/ePJZuvD4 #startups #investing #AI #entrepreneurship #venturecapital #pitchdeck #innovation #investors #founders #entrepreneurs #VC #podcast

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