Let's Take Stock by Global Shares: Recent Episodes
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Welcome to Let’s Take Stock, a Global Shares podcast for emerging companies on their high-growth journey. In each episode, we’ll take a look at what’s going on in the VC and startup landscape and share our insights on how you can leverage your equity to help take your company to the next level. We’ll be joined by people from across the industry to talk about all things growth and scaling up. From fundraising and VCs to employee equity and market expansion, our goal is to help you navigate the startup roadmap with special insights and insider tips from our experts.
Last year, VC investment almost doubled to $643 billion, we had 586 new unicorns compared to 167 in 2020, and there were 1,033 US IPOs versus 471 a year earlier.
This year, things are changing - and fast - as share prices continue to fall rapidly. This is thanks to a perfect storm of accelerating inflation, rising interest rates, and geopolitical uncertainty. Not surprisingly, valuations are also starting to plummet.
To help us weather the storm, we’re joined by founder of the valuations software company, Equidam, Daniel Faloppa.
TOPICS WE DISCUSSED INCLUDE
- How 2022 differs from market crashes in 2000 or 2008
- The positive side of Covid
- Mistakes some tech giants have made
- What to consider when valuing benchmarks and multiples for your company
- Why this is a positive time for founders
- What you need to show when raising capital
- Why this market will create big winners
ABOUT OUR GUEST
Daniel Faloppa is the founder and CEO of Equidam. He has finance and tech in his blood. After coding since middle school, Daniel studied finance at university before starting Equidam straight out of his master’s studies. Today, Equidam is the leading provider of online business valuations. More than 130,000 startups and small businesses in 90 countries use it to calculate, understand and negotiate their value.
CONTACT AND RELEVANT LINKS
https://www.equidam.com
In this episode of Let's Take Stock, we’re taking a look behind the scenes at the startup/VC relationship.
From securing the funding, to expanding into a new market - we’ll be lifting the lid on what goes on when a VC decides to come on board, and what every founder needs to know to for a successful partnership. Joining us to discuss this area further is Edel Coen, Principal at Molten Ventures.
Edel started out in Silicon Valley where she worked with Irish enterprise software companies on their US market entry strategy. She then focused on early-stage sustainability and digital health ventures with BVP, and now she focuses on Enterprise, Deeptech, and Digital Health with Molten Ventures.
TOPICS WE DISCUSSED INCLUDE
- What do founders need to know to attract an investor
- “Green Flags” VCs look out for
- The various steps involved in the onboarding process
- The role equity comps hold
- The things founders need to look out for in their share pool when expanding
- And examples of the above
CONTACT AND RELEVANT LINKS
Edel Coen: https://www.linkedin.com/in/edelcoen/?originalSubdomain=ie
Molten Ventures: https://www.moltenventures.com/
One of the key steps to raising funds as a founder is negotiating the term sheet with your investor. So for our first episode, we've teamed up with Mountside Ventures Managing Partner and VC, Jonathan Hollis to lift the lid on what you need to know to get the best deal possible.
Jonathan recently set out to demystify the VC term sheet and bring some well-needed standardisation to the table by surveying over 200 VC firms.
TOPICS WE DISCUSSED INCLUDE
- The three key elements of a Term Sheet
- What are the most common asks
- Lessons learned from 200+ VC firms
- The share types you need to know
- How it can go wrong for the founder and how to avoid disaster
- Tips to negotiate a better deal
- Who pays the deal fees
OUR GUEST
Jonathan Hollis founded and led PwC’s Raise programmes which helps early stage companies raise their first major institutional funding. He has served as chair of Tech London Advocate's SaaS Group and on the committee of London's Society for Chartered Accountants, supporting and representing London's 16,000 Chartered Accountants.
Today, he is a Managing Partner with Mountside Ventures, who optimise the fundraising process for European startups and investors. They partner with founders in raising their next round of funding (Late seed to Series B). They also work with Limited Partners and Family Offices in identifying the next generation of venture capital funds.
CONTACT AND RELEVANT LINKS
Jonathan Hollis on Linkedin: https://www.linkedin.com/in/jhjhollis/
Mountside Ventures: https://www.mountsideventures.com/
Term Sheet Report: https://www.canva.com/design/DAE7DT0XlaQ/Qdm7uNv40uPL_L4ZDfWjBw/view#1