Advice? London VC/Investor recommendations please?
- From: Nick <nickedinburghREMOVETHISBIT@xxxxxxxxx>
- Date: Sat, 05 May 2007 18:13:50 GMT
Can anyone offer advice about VC firms (or similar) in London? We're brilliant at what we do. But in the investment jungle we have little idea where to start!
We are a small (£1m+ sales) fast growing retail business with a great track record: market leadership in our niche from launch 3 years ago, a fantastic reputation amongst both our suppliers and customers, a highly professional operation, world-leading expertise and professional status, and many major advantages over the competition. Our market is global (we're UK based but 2/3 of sales are to America) highly fragmented, and worth many billions overall annually.
We have an ambitious but realistic plan to become the dominant player in this market worldwide, using an innovative route to market that is low cost and rapidly scalable. Most pieces of the plan are already proven. But we need to undertake final product development and proof of concept testing costing around 300K that we cannot fund organically.
If the plan works as we are confident it will, this would provide the basis for very fast and low-risk expansion, bringing large profits early in a five year plan. We believe profits would realistically reach hundreds of millions, based on fairly conservative estimates. Moreover, the business would quickly generate IP that would give strong legal protection as a massive barrier to entry for competitors.
So, advice please! We are planning a trip to London in a couple of weeks and would like to use part of the time to meet potential investors there. Who would be good to call on? We'd ideally like partners who have some specialism in retail, particularly upmarket textiles.
Any ideas?
Please email me at nickedinburgh AT gmail DOT com
Thanks, Nick
.
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