Monday, 16 December 2013

“Pitch For the Win” - Amoo’s inaugural start-up event hosted by Goodman Derrick LLP

On Tuesday December 10th 2013 Amoo hosted the first in their series of 'public office hours'. The event format allowed six pre-selected start-ups to pitch their top inhibiting issue to an audience and panel of distinguished individuals with a broad range of professional expertise within the start-up sector covering legal, fundraising, advisory and entrepreneurship.
The inaugural panel consisted of: 

Thursday, 28 November 2013

New Partnership: Angel Investment Network

We are delighted to announce our partnership with the Angel Investment Network.

Amoo a specialist in venture capital advisory who supports over a dozen technology, media and telecoms (TMT) businesses from concept to launch each year. 

Monday, 25 November 2013

Disrupting two disparate sectors and selling to the market leader

The Amoo Blog is republishing the first part of an interview with Brett Akker who has successfully taken on the car rental and storage sectors.  He shares his approach and the background to selling his first business.
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Continuing Digital Insight's 'Startup Exit' series, Mike Bank interviews the co-founder of Streetcar the car sharing service, Brett Akker.

Brett describes the formation, growth and scaling to eventually sell the business to the global market leader Zipcar.

Monday, 4 November 2013

Why most VCs do not sign NDAs

By Godman Usman (Analyst)

Recently, I read an article titled NDAs: entrepreneurs vs. investors. Which might suggest that some kind of inevitable joust between entrepreneurs and investors will happen over the pedantic issue of signing a Non-Disclosure Agreement aka NDA. In reality that is not the case.

Thursday, 24 October 2013

Crowdfunding, an overview with some helpful hints and tips to set you on your way!

Overview: Crowd funding is the mechanism by which startups can gain financing by asking multiple individuals to each give a small investment. The company can set an investment target and once this has been reached they are free to use the capital.

Most notably there are 4 main types of Crowd Funding:
1.     Equity Based: Investors receive a stake in the company. Money given is seen as an investment in shares of the venture
2.     Donation Based: Contributions go towards a charitable cause
3.     Lending Based: Investors are repaid for their investment over a period of time, at an agreed interest rate
4.     Reward Based: Investors receive a tangible item or service in return for their funds.

Sunday, 13 October 2013

From Startup to Exit in 5 years

The Amoo Blog is republishing the first part of an interview with an accountant-turned-entrepreneur who saw a prospective partnership change into an acquisition.

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Welcome to a special edition of Digital Insight. Mike Bank an Angel investor covers one of the most rewarding aspects of the entrepreneur's life that few get to experience: The Exit. Mike meets Omkar Joshi who last week sold his business to the market leader in his sector of Financial Reporting.

The interview is split into four sections:

Saturday, 5 October 2013

Exploring the Venture Capital Advisory Industry

Entrepreneurship is a growing industry, both in the UK and overseas (especially in emerging markets, where the rate of start-up growth is up to around 40 times faster than in developed countries). However, whilst growing numbers of people are interested in becoming entrepreneurs, research suggests only a minority felt they have the necessary skills, knowledge and experience to do so. In recent years, around a third of UK start-ups failed in the first three years, more recently, research has highlighted that 20% of the failed companies would have still been in business 2.5 years later if they had taken advice at the outset. Expertise and finance have been emphasised repeatedly as key factors to helping small businesses survive and grow.

Thursday, 3 October 2013

English Business Survey July 2013

The English Business Survey (EBS) surveys 3000 different workplaces every month to gauge the business conditions within England. The EBS is a review of past, current and future conditions. The majority of the results have been given in ‘balance’ terms. Where 'Balances’ are presented, they are the difference between the ’higher’ responses and the ‘lower’ responses, provided by those questioned. Balances provide a summary of the scores for businesses that report, or expect a variable to change.

Wednesday, 25 September 2013

SEIS/EIS Funding: How to ensure you are eligible for these funding initiatives

‘Seed Enterprise Investment Scheme’ (SEIS) and ‘Enterprise Investment Scheme’ (EIS) are a series of EU regulated initiatives aimed at incentivising investment into start-up ventures, through numerous tax breaks and other benefits.

On Tuesday 17th September, Sue Crawford and Adrian Jones of Wiggin LLP held a fascinating on SEIS/EIS financing initiatives. They explained the key aspects of both schemes, and highlighted basic requirements and key watch outs for any investor looking to use these types of funding. The pitfalls discussed were a particularly insightful aspect of the presentation with a large emphasis placed on share consideration and the requirement of full written documentation tracking cash payment of shares.  The investors’ ‘exit’ should also be tempered with caution; the start of the trade is considered as the day any shares are issued by the company.

Wednesday, 18 September 2013

The Tech Trailblazers Awards extends entry deadline to 26th September 2013

Due to some exciting new partnerships and sponsors supporting the Tech Trailblazers Awards the entry deadline has been extended to the 26th September 2013.

As a result of some major new partners coming on board, we are offering entrants a collective prize pot (worth an estimated $50,000), that includes products and services to help startups with the new business and networking, PR and marketing, mentoring and investment tools that they need for success.

Saturday, 14 September 2013

Building for Exit: Entrepreneurs' Guide to Grants, Getting Investment and Grasping the Law

by Dipam Patel, Analyst at Amoo Venture Capital Advisory

In any business, it is important to manage and mitigate risks and that is even more apparent for start-ups looking to grow and build towards a point where they can exit; it is a fight to the finish. Start-ups must use all the resources available to them including grants and investor networks combined with a thorough strategic plan right to the exit stage. Last nights’ event (#LegallyFunded), which was organised by NaviStar Legal, had specialist guest speakers in each of these fields who shared a lot of insight. Attendees questioned said they got a better understanding of these crucial aspects as well as how to create a roadmap to success.

Friday, 6 September 2013

August 2013 Updates

by Nzube Ufodike, MD at Amoo

We had a record period. In the last month, we signed letters of engagements with three (yes 3) new clients for advisory mandates. This is up from an average of 1 new advisory mandate every 6-8 weeks. We would like to thank a media company, a Spanish company, and a private wealth entrepreneur who each entrusted us with nurturing their projects with business planning, market entry and feasibility assessment reports respectively. 

Monday, 2 September 2013

LinkedIn: Give Us 'Feedback' !

by Nzube Ufodike, MD at Amoo, (edited by Dipam Patel, Analyst)

This morning I received a recommendation from a business associate that put a smile on my face. I advocate candid feedback from individuals and entities that one has come into contact with. Whether complimentary or otherwise, I strongly believe such information is an asset. The recipient can then decide if to use, bin or reframe this, thereby adding to ones' knowledge of self - more precisely, ones' knowledge of external perception of oneself.

Friday, 19 July 2013

Venture Capital Survey: Win a Free Advisory Session with Amoo Worth £1,000!

Amoo is a boutique advisory firm focused on supporting Technology, Media and Telecoms (TMT) start-ups in Emerging Markets and OECD countries. We are currently collaborating with Durham University Business School to evaluate the venture capital landscape and to see how this can be enhanced. We are seeking your views to help with our research

Tuesday, 9 July 2013

Building a Future for Sustainable Finance – a report on the 2013 FT/IFC Sustainable Finance Conference

By Tom Robson from Eton College (edited by Godman Usman, Analyst at Amoo VC Advisory)

The deepening of capital markets through private and public sector co-operation would be another big step forward in the overhaul of the infrastructural deficit identified within emerging markets. Consequentially this would boost SMEs future prospects, who are typically the largest contributors to national output and almost exclusively the main source of employment. Limitations from the misconceptions of the phrase ‘green projects’, coupled with the prevailing culture of short-termism must be reformed in order to bolster such co-operation. Doing so would help design the much needed environment for long-term growth for emerging market economies, which in turn should help alleviate absolute poverty (currently affecting an estimated 1.2 billion people globally) by 2030.

Sunday, 12 May 2013

Cleantech Overview II of II

by Penny Lin, Associate at Amoo, and Saurabh Saxena, Senior Associate (edited by Godman Usman, Analyst)

VC View
Venture Capital and Private Equity investments (excluding buyouts) in the UK clean energy sector totalled $623 million in 2011, a 3% increase on the $605 million recorded in 2010. Despite this modest increase, the number of deals completed actually fell 28% year-on-year to 60. This trend continued in the beginning of 2012 – 12 deals totalling $229 million were executed in Q1:2012, compared with a quarterly average of 15 completed deals totalling $155 million recorded in 2011. (Source: ). This not only reflects the maturing of the sector, but also a shift in investor appetite away from early-stage, unproven technology companies to less risky late-stage businesses. Read on.

Thursday, 2 May 2013

Cleantech Overview I of II

by Penny Lin, Associate at Amoo, and Saurabh Saxena, Senior Associate, (edited by Godman Usman, Analyst)

As the global stage increasingly reacts to climate change and environmental concerns, many priorities in the clean tech market are rapidly shifting. With the US economy stabilising, stringent emissions limits looming in the EU, and the newly aggressive role from clean energy, utilities, plus investments into emerging Asia (particularly in China), there is a sense of facing the inevitable and rethinking how to do business in a greener way.

Tuesday, 23 April 2013

Post Event Commentary: African Creative Industries Investment Summit (ACIIS)

On Wednesday the 10th of April, 2013 we seemed to deliver the impossible; bringing the magic of Surulere* to the heart of Covent Garden, in London. The summit stretched Amoo's place4BRICS and was only made possible by the overwhelming support that creatives themselves, and other professionals, volunteered to make this happen. From our Gold Sponsor, the British Council to titan media partners IC Publications and BRICS Business magazines (who also flew in from Moscow) who gave us global coverage by donating full spread adverts in their international

Tuesday, 19 March 2013

Startup Spotlight: Carhoots

by Penny Lin, Associate at Amoo Venture Capital Advisory, Feb. 13, 2013

Q: It is very nice to meet you, Lee. Let’s start with you. Tell us more about yourself, the team and the business idea you are working on?
A: Hello, I am Lee, the co-founder and CEO of Carhoots, a social car review and market website. We are solving two problems. The first problem is from the consumer side: the car buyer basically spends about 3-4 months on researching a car. So, what we do is we get all the data by experts’ reviews, images and videos, as well as social recommendations from friends, and we put all information into one simple destination. The second problem we want to solve is from B2B side. I came from automobile background.

Wednesday, 27 February 2013

Launch of the inaugural African Creative Industries Investment Summit (ACIIS) pioneered by place4BRICS

The ACIIS is the first flagship Summit hosted by Amoo Venture Capital Advisory. It builds on the company’s highly successful event series for technology start-ups seeking venture capital funding as well as similar events under the place4BRICS platform that have been held since 2011.

Monday, 25 February 2013

place4BRICS: Enterprise Software and Apps

By Godman Usman (Analyst)
On the 20th February 2013, at the Goodman Derrick LLP head office in the City of London, the teams at Amoo Venture Capital Advisory, Goldenhill International M&A Advisers and Goodman Derrick LLP were delighted to host a group of expert panelists and over 60 delegates at the final event in our booster series.
The event kicked off with a silent fathom presentation

Tuesday, 19 February 2013

Startup Spotlight: Rate My Romeo

Interviewed by Saurabh Saxena and Penny Lin on Jan. 28, 2013
Q: Welcome to the Amoo office! It is very nice to meet you in person. We heard about your online dating business idea, which sounds quite similar to other dating websites at first, but is perhaps different from them. Let’s start with your team - your background, how you met?
A: As for myself, I was a 1st class student at the NSIE – a French polytechnic - learning Computer Science and Corporate Finance. Then I decided to move to the UK and enrolled at the University of Oxford, as a candidate of computer science, where I met the other co-founders and