Page 8 - Futr Investment Proposal
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8
             Management




             In addition to backable Founders the business has several high quality advisers who are

             helping to deliver traction, particularly in the public sector.


            The Investment Team met the                     team do not have the technical                 indicated an interest in joining Futr
            founders on 17th January 2019 and               knowledge to asses his ability in              post investment although none
            were very impressed by the way                  detail but it is fair to say he comes          have signed contracts and Andy
            they presented the business. They               across as well as any of the CTOs in           recognises salaries will be
            walked us through several demos                 the existing portfolio. Apadmi will            challenging in some cases,
            seamlessly switching between                    assess Lee’s Technical ability during          therefore the option pool is key to
            technical explanations and sales                the DD process.                                building the team.
            strategy. After a short time we all
            clearly understood the product,                 A recent senior recruit Edwyn
            potential applications and market.              Mcfarlane will head up the affiliate
                                                            retail arm of the business. He was
            Andrew Wilkins (CEO) particularly               previously a Director in Awin, the
            impressed with the way he handled               largest affiliate in the UK.
            the range of questions we had
            about the business, market, product             A CFO role will be recruited, no
            and opportunities. The Team were                person has been identified to date
            unanimous in believing he has the               but they are open to Praetura
            potential to lead a large and rapidly           advising on a candidate.
            growing organisation.
                                                            There are several other senior hires
            Lee Skyrme comes across as a great              where the ideal candidate has been
            CTO who also has the rare ability to            identified, all of whom have worked
            communicate in an easy and                      with Andy and Lee in previous
            personable way. The Investment                  roles. Most of the individuals have
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