Dwight Funding’s Post

If 2022 was a tale of two halves for private markets, with robust fundraising and deal activity in the first six months followed by a slowdown in the second half, then 2023 might be considered a tale of one whole. Performance in most private asset classes remained below historical averages for a second consecutive year, with rising financing costs and an uncertain growth outlook taking a toll on private markets. Fundraising continued to decline from its 2021 peak, as the denominator effect persisted—in part because of a less active deal market. And decade-long tailwinds from low and falling interest rates and consistently expanding multiples seem to be things of the past. Enter a new era of investing in which revenue growth and margin expansion are more important than ever.

🌟 Exciting Opportunity for Developers in the Funding Ecosystem! 🌟 📅 Mark your calendars for June 6, 2024, and join us at Roosevelt University for a transformative one-day event designed for diverse developers who want to master the art of raising capital. 🏢 🚀 Dive Deep into How to Source Capital (Debt & Equity) 🚀 This event is tailor-made to provide you with practical insights, strategies, and hands-on experience in navigating the complex fundraising landscape. Here's what you can expect: 🥐 8:00 - 8:30 AM: Registration & Continental Breakfast Kickstart the day with some networking over breakfast, and get ready for an insightful day. 🎤 8:30 AM - 9:30 AM: Welcome & Keynote Our opening session will set the stage for the day, featuring a keynote on navigating the funding ecosystem. ☕ 9:30 - 9:45 AM: Break 📊 9:45 AM - 10:45 AM: Panel Discussion - Debt Strategies Dive into a detailed discussion on the pros and cons of various debt instruments. Gain insights on: - Strategies for overcoming funding challenges faced by diverse entrepreneurs. - The roles of CDFIs vs. traditional banks. - Essential tips on cash flow projections and relationship-building with lenders. Speakers include experts from PACE, CCLF, and potential representatives from major banks. 📈 10:45 AM - 11:45 AM: Panel Discussion - Equity Insights Understand when and how to ask for equity effectively. Our panel will cover: - Key elements of building effective relationships for equity funding. - Real-life insights from speakers at Blue Vista Capital, National Equity Fund, and more. 🍽 11:50 AM - 1:00 PM: Lunch Break & Networking Session Utilize this time to connect with speakers and fellow attendees, fostering diverse collaborations. 🛠 Workshop: Is Your Deal Ready? Concurrent with lunch, limited to ~25 participants, focusing on getting your proposals ready for funding. Whether you're just starting out or looking to scale, the insights from today’s leaders in finance could be game-changing for your business. 📝 Why you should attend our workshop? You will gain firsthand advice, network with industry leaders, and uncover strategies for advancing your financing needs. 👥 Who should attend? If you are a developer or entrepreneur eager to understand more about capital funding, especially those from diverse backgrounds. 🔗 Reserve your spot now! https://lnkd.in/gU977tUh Let’s make it a productive day! Share your thoughts or questions below, and let me know if you’ll be joining us! 🌐

📈 #InvestmentNews: Lexington Partners shatters its fundraising target, securing a whopping $22.7B for secondhand private-equity stakes! The firm's bold move reflects a surge of confidence from institutional investors, eager to dive into the private markets. 💼🚀 Unveil the strategy behind their record-breaking achievement. #PrivateEquity #Finance #BusinessStrategy #InstitutionalInvestment #LexingtonPartners #MarketTrends ➡️ [Read More in the Blog]

Venture Capital News - Venture Capital News Headlines

⚡ It is definitely easier to invest into a private, early-stage business that to get your money (and hopefully profit) out of it. ⚡Thank you to Sifted for interviewing me as part of their article on how angels can exit their investment (TL;DR the options for exit are definitely more varied than they were a decade ago, particularly though secondaries in later rounds and specialist secondary funds) #angelinvestors #angelinvestment #exits https://lnkd.in/eDif8aSq

We created a Cost of Equity Calculator recently. Time is important so we like to help founders access more of it. 🚜 So, here's a scenario to ponder: Say, you're a founder with a revenue-generating company. You like the idea of beginning a capital raise with VC's... You know there's a strategic approach required as part of that. You know this takes time. You know this takes a hell of a lot of time. (You also know that for plenty of companies, they might not be the right type of company for a VC, ever.)   For a select few, they will be. But, success is not the fundraise. That's later. After the work is done. The time to fundraise in the future can be managed strategically, and using debt funding to get there is something founders can, and should control.   So what does equity cost in the long-run and how does that stack up against debt cost in the short-term, and how should that be understood contextually?   Well, we created a financial tool for you to know that, a little bit more. Happy Calculatin' https://lnkd.in/d58HEYT4

I do love talking to founders about the cost of equity. This summary says it all and this calculator customises it. All types of capital should be considered for different purposes at different times. Enjoy this tool

My takeaways from Paul's great article: - Financial engineering isn't enough for PE Backed PortCos to generate sufficient returns with high interest rates - Solid revenue growth how you get good and great returns in the current environment - Hard work and effort are required to grow revenue - A great CRM and great RevOps is a big part of how exactly you can execute on this

Value creation in private equity is having a moment. And I have some thoughts.

Sometimes, companies just need to build a bridge and get over to it. So there's 𝗧𝗿𝗮𝗰𝘁𝗼𝗿 𝗕𝗥𝗜𝗗𝗚𝗘 𝗖𝗮𝗽𝗶𝘁𝗮𝗹 for that. (𝗕𝗲𝘀𝘁 𝗨𝘀𝗲 𝗖𝗮𝘀𝗲: 𝗕𝗿𝗶𝗱𝗴𝗲 𝘁𝗼𝘄𝗮𝗿𝗱𝘀 𝗮 𝗳𝘂𝘁𝘂𝗿𝗲 𝗺𝗶𝗹𝗲𝘀𝘁𝗼𝗻𝗲. 𝗜𝗻𝗰𝗿𝗲𝗮𝘀𝗲 𝗥𝘂𝗻𝘄𝗮𝘆.) 🚜 We developed 𝗧𝗿𝗮𝗰𝘁𝗼𝗿 𝗕𝗿𝗶𝗱𝗴𝗲 𝗖𝗮𝗽𝗶𝘁𝗮𝗹 as one of our 4 funding products because often, that was what financial decision-makers needed. A bridge. More time. Just a bit more time to get to the shiny thing just on the horizon. 𝗦𝗼𝗺𝗲𝘁𝗶𝗺𝗲𝘀 𝘁𝗵𝗮𝘁 𝘄𝗼𝘂𝗹𝗱 𝗯𝗲 𝗮 𝗩𝗖 𝗳𝘂𝗻𝗱𝗿𝗮𝗶𝘀𝗲. A consistent case-study in our world, of scaling in an elastic fashion by using debt and equity (and other) in tandem, to get there. 𝗦𝗼𝗺𝗲𝘁𝗶𝗺𝗲𝘀 𝘁𝗵𝗮𝘁 𝘄𝗼𝘂𝗹𝗱 𝗯𝗲 𝗮 𝗳𝘂𝘁𝘂𝗿𝗲 𝗮𝗰𝗾𝘂𝗶𝘀𝗶𝘁𝗶𝗼𝗻. Focus on the future, ensure a healthy valuation when you arrive there. So, you're an AU/NZ revenue-generating tech-focused company with $50K+ a month in revenue, probably much more than that.   You've got runway in place, and you need to build more in to the bottom line, as you head towards something shiny and enticing on the horizon.   You want to grow your valuation so you're in an even greater position of strength when that future arrives, and you want choice and options on your side at that time.   You don't want to unecessarily dilute your equity, you want to know exactly what this short-term use of capital is going to cost so you can financially plan properly.   And if you're still figuring out what your next decisions need to be, but you need help defining that, our Tractor Capital Strategy Team will help make all this a lot clearer.   You: 'Mayday!' Us: 'Why yes it is.' https://lnkd.in/dEdXAN72