Taking the Route of Royalty
If you're abreast of dramatised entrepreneurial shows from the US, then this might ring a bell. "I'll offer you the $275k, but I want an 8 % royalty per unit until I've doubled my money" It's the words of Kevin O'Leary, a Canadian multi-million dollar entrepreneur and Angel, who over the past decade has garnered popularity as Mr Wonderful on Shark Tank.
Bringing Deep Tech To Market
For deep tech founders, there's a common dilemma: You must survive to thrive. Startups face an unproven market, extended period without positive cash flow and a path to exit that's messy, unpredictable and often upwards of 10 years. Whilst it may become a long slog, follow-on financing plays a hugely pivotal role in overcoming these early headwinds of deep tech venture.