Page 34 - Praetura EIS 2019 Fund Information Memorandum
P. 34
We Back the Team
Management teams must be fully rounded in order to be
able to scale rapidly.
We often see teams where the CEO is expected to
run the business and also act as sales director and ops At Praetura, we prefer to
director. We also see investment opportunities that do invest more capital to develop
not anticipate forming a viable finance function post
investment.
the team, as opposed to
In these scenarios, we will identify the required roles, backing a team with less
and if we are to proceed, we will ensure that sufficient
investment is injected to allow these roles to be filled money where critical roles are
rapidly post investment.
unfilled.
Where we have not done this, the business inevitably
struggled to meet its potential.
