The Pitch:We see a lot of presentations in which entrepreneurs say that they expect to sell their companies for a 10 times multiple. They believe that’s music to our hours. But it’s not enough. The Reality:Of course, if I can get 10X my money back in 10 years, that gives my an Internal Rate of …
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The Pitch
Preparing a compelling presentation to investors is the first step in attracting capital. No matter how much time how much time you are given, it’s never enough. At various angel investors meetings, you may be allocated a fixed time that can go anywhere from 1 minute to 10 minutes. Any that go longer are in …
Taxes on Redeemed Shares
When shares are redeemed, there is a taxable deemed dividend. The deemed dividend per share is calculated as the difference between the Redemption Price per share and the Paid Up Capital (PUC) per share. There will be capital gains when shares are redeemed with PUC greater than Adjusted Cost Base (ACB). Capital gain is calculated …
TAM-SAM-SOM=SPAM!
Many pitch decks these days include a slide labelled TAM-SAM-SOM to point out the market potential of a company’s products or services. Frankly, for me this is a big turn-off. I regard it as SPAM – totally useless and irrelevant. If the product is a medical device, what’s the point of saying that the global …
Presentations – AGM2023
Here are links to the Companies that presented at the September 27, 2023 Annual Meeting:(Some of the links may only be valid for a month or two.) In-Person Presentations: Avivo Biomedical Inc (Powerpoint) Aidant Intelligent Technology Inc (Powerpoint) ARC Medical Devices Inc (Powerpoint) Bionic Power Inc (Powerpoint) Careteam Technologies Inc (Powerpoint) Headcheck Health Inc (Powerpoint) …
Buying WUTIF Shares in an RRSP or TFSA
Disclaimer: The following content, while believed to be accurate, should not be relied upon without the advice of a financial professional. RRSPs (Registered Retirement Savings Plan) and TFSAs (Tax-Free Savings Account) are legal tax shelters that have been created by the Canadian Government to help people save for their retirement. All kinds of investments can …
WUTIF News & Updates
Nov 6, 2023, Sale of Carbon Engineering to Occidental Petroleum at CAD$2.1 Billion valuation completed. WUTIF is now offering share redemptions and rollovers to shareholders. Sep 27, 2023, WUTIF held its 20th Annual General Meeting in Person. 68.7% of outstanding shares were voted in favour of all resolutions. Sep 15, 2023, WUTIF is offering shares …
Adding Value Through Due Diligence
WUTIF Capital receives many requests for funding. We have to be efficient at evaluating companies to determine if the investment opportunity meets our criteria for investment. Our purpose is to accelerate the success of technology entrepreneurs through our funding and stewardship of the companies. We believe that we provide a benefit to every start-up business …
The Board of Directors
“We must all hang together, or assuredly we shall all hang separately!” (Benjamin Franklin) The Team There are many sayings like the one quoted above to remind managers and entrepreneurs that it takes a team to build a successful venture. A company’s board of directors is the ultimate team that accepts the overall responsibility for …
Why so many Share Classes?
Corporate life used to be simple in that a company would have one class of shares: Common Shares. Every shareholder had the same entitlements regarding voting, and participating in dividends and exits. However, as the investment landscape changed with the increased participation of various types of investors, so have corporate structures evolved. Share Types There …