Uneasy money: when a business takes on outside investment for the first time, it can be an upsetting experience for its founding shareholders. Mike Brooks describes some of the pitfalls to avoid when seeking equity finance.

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How To Manage Equity Financing

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Uneasy money: when a business takes on outside investment for the first time, it can be an upsetting experience for its founding shareholders. Mike Brooks describes some of the pitfalls to avoid when seeking equity finance.

Most large businesses do not spring into existence fully formed. For nearly all of them, the path from the original concept to an enterprise of substance is an erratic one, characterised by a series of jerky changes in size and character. My article in the June issue, "Critical maths", outlined the financing of these changes, leading to the point in the gr...

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