Luke Davis is a former stockbroker and derivatives trader who started backing companies after the enterprise investment scheme was launched. He co-founded the Money & Co crowdfunding platform, led by City “superwoman” Nicola Horlick.
Davis, 40, runs the boutique private equity house IW Capital, as well as personally investing between £25,000 and £300,000 in technology start-ups, such as currency transfer service WeSwap and dog-sharing app Borrow My Doggy.
Go with your gut
You can look at numbers and forecasts, but the forecasts are basically made up. You’ve just got your instinct on the person sitting in front of you.
Start out small
Some founders — especially those who worked in big institutions — build a cast of thousands when you don’t need it and the business obviously can’t…