Tag Archives: Financing

Business Owners Must Balance Math (Finance) and Soul (Company Culture)

Owning a business means balancing all sorts of things.  We have explored this idea in a few other posts: the Art of Balance that has a starter list of 20 things a business owner must balance such as strategy vs. execution and delegating vs. doing,… Continue reading

Ideal business financing for growing, profitable companies in 100 posts or less?

“Teach what you want to learn” is the theme with which I started this blog in April 2012.  Since then, I have written 100 posts — which means I’ve learned for myself and shared what I’ve learned under several themes: Business financing and venture capital… Continue reading

Venture Capital Myths — Not the Answer for Many Companies

Venture capital has been tremendously successful in the United States.  In some ways, it has almost been too successful in that many entrepreneurs think traditional venture capital is the only path to success.  That is not true.  This article in the Harvard Business Review by… Continue reading

Best Financing Source for a Business: Its Customers

Financing growth for your business with cash from customers, rather than more expensive debt or equity, makes your ownership even more powerful.  In most of the investments made into operating companies by Greybull Stewardship, my investment fund, our operating companies get paid by customers before… Continue reading

Accounting & Reporting Pays Off

Accounting should not drive anything about a company, but accounting also should not be forgotten at the side of the road. Many companies choose, correctly, not to focus much attention on proper accounting and reporting — until they first have a real, sustainable business.  Later,… Continue reading

Raising Capital: About Fit and Timing

I was in New York last week speaking with existing and prospective investors in my investment fund, Greybull Stewardship.  The match-making activity between capital seeking returns and opportunities seeking capital is truly amazing in the United States.  Nothing brings this home like New York City… Continue reading

Company Culture Like Fine Wine or Great Coffee

Company culture gets crafted over time by thousands of small decisions, and a few large ones. Yes, the big decisions about the vineyard or varietal takes spectacular time. But I was struck by how many small decisions like the shape of wood barrel, the wood… Continue reading

Old School Myths About the Ideal Time for Raising Capital (of the Right Type)

Old school myths from last century have stuck around to this century — especially about when to raise capital.  Modern companies often have the freedom to make a decision about when to seek capital because they do not need capital at a certain point in… Continue reading

Announcing Increased Investment in Appointment Plus — leading appointment scheduling software

Greybull Stewardship, my investment fund, is excited to announce that we have invested more capital into Appointment Plus, the leading business automation software specializing in appointment scheduling. By doing so, Greybull Stewardship has increased its ownership percentage in a growing company that plays an important… Continue reading

“VC Bargain”: Capital in Exchange for the ‘Duty to Sell Company’

A post this summer from Jason Mendelson of the Foundry Group really caught my eye.  It is about the explicit “VC Bargain” that an entrepreneur makes when taking an investment from a venture capital firm.  Basically, the VC fund will need the founders to commit… Continue reading