Investment & Consulting
Hi, I’m Andrew Lockley. I’m looking for ‘boring businesses‘ to help develop
Sector preference : SaaS, eCommerce, marketplaces
Exits : 5, typically MBO, average current valuation >£5M
Current holdings : 10+ active projects
Stage preference : personal investment – first in; fundraising <£2M rounds
Investment type : sweat, initial cash, investment in fundraising process
Skillset: strategy, finance, sales/marketing, UX, CRO
Investment Portfolio and Exits
Facilities management
Partner*
Trade sale; N/APayments processing
Ordinary shares
MBO; trading/expandingVirtual tour
Ordinary shares
MBO; tradingVirtual estate agency
Share option
Option buyback; trading/expandingThe information given is: sector; instrument type, exit type; last known status. Founder shares are marked*
Recent Posts
Creating a buzz
Once in a while I like to undertake a really unusual project. The great majority of my work is in business development for web tech firms, but the principles used can be applied much more […]
Frankly speaking…
A ‘good’ reference is useless, because it give no actionable information. You need to know the good, the bad and the ugly before you start a working relationship. So here are a couple of brutally […]
30% more sales enquiries, no extra cost
You can often get some really big shifts in performance using really simple, no-cost fixes. One of the best examples I’ve come across is from a healthcare client. They have a large, complex website which […]
How to compete with Google & Facebook
I’ve recently been working in the ‘places’ sector, where firms are trying to find ways to help people browse and select physical places to visit.
This is certainly challenging, as Google Local and Facebook Places are […]
Spherical Images
I invested in Spherical Images as a minority shareholder. My priority was to work to improve the product offering and range, and also to win new business. The firm did panoramic online tours, with a […]
Investing in online ventures
One of the first investments I made was perhaps the most typical of my investment style. I initially met the team from ‘Alive and Giving’ when I was judging a competition at UCL. The potential […]