Term Sheets - What An Entrepreneur Really Needs To Know Any business agreement should be fully understood and conclusive before it comes into force. Private equity transaction agreements are no different. It’s critically important that all parties subject to an agreement, understand both the terms […]

Why Does It Matter? Investors are often infuriated with entrepreneurs that don't understand what they have and where what they have fits in.  Entrepreneurs are often infuriated that investors don't like startups which isn't exactly true. If you want to attract investment then you'd better […]

What is an unfair deal? There was an interesting article in the Australian Financial Review on Friday 29 October 2010 entitled RHD backs “unfair” PeopleBank bid” (see AFR Article).  The article is about the board of a recruitment company backing a takeover offer despite an […]

Do You Understand Investing through Convertible Notes? In the Australian Financial Review Smart Money section on October 9 - 10 2010 there is an article entitled "Limited choice for retail bonds" (see AFR article). This article discusses the problems with raising debt through the ASX, the […]

Key Person Risks (Including Billionaires) Corporations have been advised a hundred times before that key persons to the success of our businesses must be protected. From the tragedy of the Busby Babes, to today's announcement that we may have lost six of Australia's top mining […]

Step Away from the Goggles “Beer goggles” is a slang terms for a phenomenon in which consumption of alcohol lowers sexual inhibitions to the point that very little or no discretion is used when approaching or choosing sexual partners. The terms are often humorously applied when […]

What is a Sophisticated or Wholesale investor? Firstly, it sounds more sexy than plain old vanilla investor.  Secondly, it is a typically confusing term dreamed up by some compliance geek or lawyer to further complicate the financial services industry.  Let's try to put it into […]