What makes a fundraising fail, and it has nothing to do with the project
Most failed fundraisings carried sound projects. What stopped them lay in the file, the timetable or the governance — rarely in the business itself.
Publications
Publications and analysis
Debt, equity, quasi-equity: what you give up in each case
Choosing between debt and equity is not a cost trade-off. It is a trade-off about what a business owner agrees to give up: cash, ownership, or control.
The seven items every financier asks for before reviewing a file
Before judging a project at all, a financier checks that it can be reviewed. Here is what is asked for every time, and why a single missing item…