How to Attract Investors: A Subjective Guide to the Mindset of Investors and their Requirements, 1st Edition (Hardback) book cover

How to Attract Investors

A Subjective Guide to the Mindset of Investors and their Requirements, 1st Edition

By Uffe Bundgaard-Jorgensen

Jenny Stanford Publishing

350 pages

Purchasing Options:$ = USD
Hardback: 9789814745208
pub: 2016-11-09
SAVE ~$10.39
$51.95
$41.56
x
eBook (VitalSource) : 9781315197074
pub: 2016-11-25
from $25.98


FREE Standard Shipping!

Description

Investors are often looked upon as one homogeneous group of people with money ready to invest; however, this group is very diverse. In some ways, investors are like car buyers who seek common denominators in a car, such as the engine, wheels, brakes and seats, but the car they end up buying depends on personal preferences, needs and the money available. For investors the common denominator is the good business case, the ‘engine, wheels, brakes, seats’ being a comprehensive business plan. However, which business case they will prefer in the end depends on their personal preference and financial capacity.

How to Attract Investors takes the reader into the minds of the investors, addressing many of the challenges connected to investor search and negotiation and living with investors as co-owners. Even the finest skills of the brightest entrepreneurs wouldn’t be complete without the knowledge of the investor’s mind. This is the book that unravels it, layer by layer.

Reviews

"How to Attract Investors is extensive, very practical and truly hands-on, filling an important gap in entrepreneurship literature: a book that provides entrepreneurs with advice they can use and act on instantly."

—Marc-Michael Bergfeld, professor of global entrepreneurship and family firms, Munich Business School, Germany and managing director, CPG—Courage Partners Group, Germany

"An end-to-end approach to enticing and managing investors. Essential reading for entrepreneurs."

—John Straw, serial entrepreneur and author of iDisrupted and senior consultant at IBM IoT, McKinsey and IDisruptive, London, UK

"A must-have for ambitious entrepreneurs and recommended reading for all those working with entrepreneurs in the ecosystem."

—William Stevens, managing director, Tech Tour/Europe Unlimited, Belgium

"This book is a valuable tool to evaluate where to use the limited resources in order to succeed with the challenging task of securing liquidity for future growth, while still staying in control."

—Steen Donner, CEO of Scion DTU, Science and Technology Park, Technical University of Denmark, Denmark

Table of Contents

Investors and Funding

Introduction

The Deal Funnel: Survival of the Fittest

What Makes the Private Equity Sector so Difficult to Understand?

How It All Started

Venture Fund and Its Performance Challenge

Business Angels

Management of Risk

Conclusion about Risk Taking

How Difficult Can It Be to Convince Investors to Invest?

Attracting Investors

Investors and Funding

Funding via Debt, Equity or Public Grants

Grants as a Funding Source for Business Innovation

Business or Just a Dream: The Business Plan Puzzle

Introduction to the "Three Circles"

The Market

Technical Solution and "Missing the Beat"

Connecting the "Dots" or Missing Them

Sales, Selling and Product Delivery

Textbook Management and the Team

The Business Plan Puzzle

Competition and Competitors

Innovation, Products and Production

Marketing, Sales and Internationalisation

Operations and Management

Business Models and Value Chains

Business Model Concept

Business-Modelling Process

Timing

Competitor Analysis with Respect to Products and Business Models

ESCO Model as Remover of Customer Risk Concerns

IPR and Freedom to Operate

Patenting as a Business Strategic Decision

Certification and Regulatory Compliance

Agreements

Ready to Meet with Investors and Accept Their Investments and Conditions?

Funding, Liquidity and Investors

Investors’ Interest

Contacting Investors

Negotiation with Investors

Negotiating the Terms of Investment

Risk of Dilution

Investment, Management and Board

Do It Yourself (DIY) or Get Help from an Advisor

Life with Investors

Introduction

The Limit to Rational Decisions

Right or Wrong Decisions?

Relationship with Investors

Can We Learn?

How and Why Decisions are Made?

Negotiations and the Process

Board Composition

The Exit: A Dream Scenario or Nightmare?

To Sum Up

Annexures

Full Business Plan Checklist

Investor Search and Negotiation Checklist

References

Patenting and Other Forms of Intellectual Property Rights Protection

Examples of Strategic Steps to be Considered in an Infringement Case

The "Rosetta" Term Sheet

Investment Theory for "Dummies"

Further Readings and Few Abstracts

About the Author

Uffe Bundgaard-Jørgensen has a 40-year career as an advisor on investment matters around the globe, including the World Bank and European Union. For 10 years he was CEO of a large Danish venture capital fund and has also served as a member of the board of numerous SMEs. Since 2000 he is CEO of InvestorNet-Gate2Growth, during which he has developed and conducted more than 150 ‘How to Attract Investors’ and ‘Horizon 2020 SME Instrument’ master classes throughout Europe.

Three co-authors from InvestorNet-Gate2Growth, all with an MSc degree from Copenhagen Business School, have provided direct and valuable contributions to the cases and the analysis: Rasmus Egvad has many years of experience working with private investors and coaching companies on how to attract funding. Louise Pierrel Mikkelsen has many years experience in screening, selecting and developing business cases, also for EU-supported business cases. Carmen Bianca Socaciu has extensive experience in practical business coaching.

Subject Categories

BISAC Subject Codes/Headings:
BUS027000
BUSINESS & ECONOMICS / Finance
BUS042000
BUSINESS & ECONOMICS / Management Science