Angel Investing – Start-up Governance

By Dr. Earl R. Smith II
DrSmith@Dr-Smith.com
www.Dr-Smith.com
Most angel investors, when funding a start-up, ignore the structure and operation of the board of directors. Most early-stage companies that I work with have only a casually structured board that seems to exist to satisfy legal requirements. Accumulated experience has shown me that this is a very risky approach. [...]

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LLP or Ltd ? This is the question!

Should a Business Angel look for an investment in a LLP (Limited Liability Partnership) or a Limited Company?

Often, entrepreneurs will have both LLPs and LTDs for their different businesses.

To answer the question of which is better we need to ask:

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Debt vs Equity Investing

The FT neatly describes the difference between Debt and Equity when it argues today, that the tax treatment should be the same for both.
Of course, the fact that it is not has led investors to structure their deals to take advantage of the difference.
And, flavour of the month is convertible debt. But more of that in [...]

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