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Chris Nash

3 min read

Why a fully diluted cap table matters more than you think

If your cap table only shows what exists today, you’re missing half of your story. Investors don’t just want to unpick current ownership - they also want to see what ownership will look like down the line. That’s where a fully diluted cap table...

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6 min read

The dilution analysis: Understanding changes in ownership

Dilution is one of the most important - and misunderstood - parts of building a venture-backed business. Each round reshapes ownership, often more...

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Contractors, subcontractors, and SEIS/EIS

3 min read

Contractors, subcontractors, and SEIS/EIS

For fast-growing businesses, using contractors and subcontractors is often a necessity in order to move quickly and take advantage of increasing...

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5 min read

Raising investment? Know your preferential rights

When you raise investment, you’re not just offering shares or ownership in your company - you’re also offering specific terms that will shape how...

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3 min read

EIS & RUVs: Raise more, faster, without losing your tax relief

Funding rounds are increasingly complex, involving multiple smaller check investors from friends and family to angels to institutional investors....

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3 min read

EIS exits: What happens when an investor leaves early?

For experienced founders raising through the Enterprise Investment Scheme (EIS), most conversations centre on advance assurance, closing the round,...

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secondary sale

4 min read

How to structure an investor-friendly secondary share sale

Secondary share sales, where existing shareholders sell their equity to new investors before an IPO or acquisition, are no longer a niche part of...

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5 min read

Agile vs priced rounds: Choosing the right fundraising structure

Raising investment isn’t just about the ticket price of your round - it’s also about how you raise. The structure of your fundraise will influence...

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stock transfers

5 min read

Stock transfers made easy: when ownership changes hands

Stock transfers are one of the most consequential ‘small’ actions a company can take. When shares change hands, ownership, control, tax treatment and...

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RUV mistakes

4 min read

Roll-up vehicle pitfalls: mistakes companies need to avoid

Roll-up vehicles (RUVs) are one of the most effective ways to simplify a crowded cap table and remove friction from future fundraising. It's a type...

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