Recession is an Opportunity to start a Business and Raise creatively
Karen Melonie Gould
Founder/CEO Gateway2investment/Footprints Family Office Events
Recession is an Opportunity to start a Business and Raise creatively
Though we are in 2023 experiencing a ‘down market’ it is making our Global Founders go that extra mile to raise Investment.?This year for Q1 and beginning Q2 has been the slowest for us since 2012.
It is a great time for Founders to be competitive in costs and attract the very best and retain great staff. One thing you need to focus on is your VALUATION as Investors are looking for a competitive advantage. We work with mainly Family Offices/UHNWI Investors and though they are being cautious, and we have 3 Term Sheets gathering dust since 2022 and they seem to be in no hurry to deploy in Q1 hopefully this will change I feel after the Summer Q3. It is reported that the USA will be entering a Recession in Q3, and I feel the UK has been in that Recession in 2023. ?They like to invest in the long term so remember that as a better fit than VC investment if you are not preparing to exit sooner rather than later.
As a Founder you should be looking at increasing your Marketing spend and looking at alternative options to raise Funds through Presenting at suitable Events where there is genuine Investors our Footprints Family Office Conference London 29 June?https://www.eventbrite.co.uk/e/footprints-family-officeuhnwi-investors-club-conference-summer-2023-tickets-510090894597 Is an opportunity to exceptional Founders. We prepare your documents to be ‘INVESTMENT READY’ through Pollenise our Partners and we are particularly keen to interview Founders ticking an ESG/IMPACT or have a sustainability focus for projects or technology. ?We also Manage your Raise with our various packages of support. Why not employ us for one to 12 months to put you directly in front to PRESENT to your ideal Investor?
In the USA Q4 2022 the majority of Funds that raised where those with more than 10 years ‘skin in the game’ and most of them where out of NYC and Miami. In the UK of all the 56 plus SEIS/EIS Funds only 17 had raised. So even for Angel Investment SIES/EIS tax incentive funds this has been slower as this Group of Investors are being more cautious due to the UK economy. Globally it did not help with the collapse of 3 Global Banks in Q1.
FAMILY OFFICES/UHNWI INVESTORS
If you review this Report onegs_familyoffice_eyesonthehorizon.pdf (gsam.com) Interesting Report Goldman Sachs into Family Office investment allocation 2023 it indicates what and where this Group of Investors are heading for 2023. I noted that in the Digital Space i.e., WEB3 included the interest and allocation went up from 2% to 23%.
FOUNDERS RESOURCES
If you are a Founder/Fund and wish to book an interview to Present at the Global Family Office Conference in London on 29 June, then please book an interview and send your PITCH DECK.
Wishing you a glorious Summer – we are here to support – let us raise together!
A Legal Professional
1 年A great post with nice thoughts . Thank you Karen Melonie Gould
Founder, Mentor, Strategist & Investor ??
1 年This( so-called recessionary times) is always the time, and the U.K., of opportunity and corporate growth. Positive attitudes #footprintsfamilyoffice #gateway2enterprise #cleverinvesting