Investors information after raising a VC round

Investors information after raising a VC round

Among the obligations laid down in the shareholders’ agreement drawn up when the investors join the company, are the financial reports that the company must provide at regular intervals. The most frequently requested information :  Monthly reporting: document...
What is a Club Deal?

What is a Club Deal?

You’re probably familiar with the most famous of them all : Anthony Bourbon’s Blast Club. The Club Deal is a recently introduced investment structure, whose number has increased considerably over the past two years. You can use them in the same way as...
Should you raise money with corporate VCs ?

Should you raise money with corporate VCs ?

A number of major groups have ventured into the financial and strategic support of small businesses, through Corporate Venture Capital or CVC funds. These include Sodexo Ventures, Construction Venture, ALIAD (Air Liquide), Airbus Venture Capital, MM Innov’...
How to assess a startup valuation ?

How to assess a startup valuation ?

The usual valuation methods are generally based on comparable values or discounted cash flow… and on a company’s history. Since venture capital-backed companies, by definition, have no history of profitability, these methods are not suitable. The logic of...
The shareholder’s agreement in a VC round

The shareholder’s agreement in a VC round

A very formal document (not easy to read!), it often exceeds 50 pages in length (!), but you need to make the effort to understand it, as it is the reference document for relations between investors and founders. The negotiation of certain clauses is often laborious...