Beyond Valuation: What Founders Need to Know About Investment

When you’re raising investment, the valuation is likely to be one of the first numbers you focus on. But it’s only part of the deal. The terms attached to an investment can have a significant impact on your ownership, control and what happens to your business in the future.

This session takes you beyond the headline valuation to explore the key commercial and legal terms founders need to understand when reviewing an investment term sheet. We’ll look at areas including investor rights, control and board arrangements, liquidation preferences, founder protections, leaver provisions, restrictive covenants and the implications of SEIS and EIS.

The aim isn’t to turn you into a lawyer. It’s to help you understand what you’re agreeing to, spot the terms that deserve closer attention, and know when it’s time to get professional advice. You’ll leave better equipped to have informed conversations with investors and your advisers before signing on the dotted line.