How SpearTip Advisors helps. The firm’s founding view is that markets misprice businesses whose competitive position, market, or management is stronger than consensus believes. The gap is rarely the business. It is the capital-market frame used to value it. A raise is where that gap gets locked in, for or against you.
This is what we do:
The number. We force the quantum, the use of proceeds, and the hold period before anyone is called. Growth versus deficit. Debt versus equity versus hybrid. What the cash must return. What you will not do with it. If the case does not survive a hostile read, we do not take it to market.
The frame. We build the package that closes the mispricing: competitive position, the market consensus is not modeling, and management quality the last round did not pay for. Teaser, memorandum, data room. Written so a credit committee and an equity partner can underwrite the same facts.
The process. We line up more than one credible source so no single check sets the price. Banks where debt is the cheaper instrument. Equity where the growth is real. Hybrids only when the conversion, the cap, and the control terms are acceptable on the downside, not just the upside. First-check syndrome is a process failure. We design against it.
The terms and the aftermath. Valuation, covenants, governance, and exit rights negotiated as one package. Documentation that closes. Then a capital-allocation discipline so the proceeds create value instead of buying another year of the same problem.
The client keeps the decision. SpearTip keeps the math honest, the narrative tight, and the process competitive. That is the difference between raising capital and handing it away.
How SpearTip Advisors helps. The firm’s founding view is that markets misprice businesses whose competitive position, market, or management is stronger than consensus believes. The gap is rarely the business. It is the capital-market frame used to value it. A raise is where that gap gets locked in, for or against you.
This is what we do:
The number. We force the quantum, the use of proceeds, and the hold period before anyone is called. Growth versus deficit. Debt versus equity versus hybrid. What the cash must return. What you will not do with it. If the case does not survive a hostile read, we do not take it to market.
The frame. We build the package that closes the mispricing: competitive position, the market consensus is not modeling, and management quality the last round did not pay for. Teaser, memorandum, data room. Written so a credit committee and an equity partner can underwrite the same facts.
The process. We line up more than one credible source so no single check sets the price. Banks where debt is the cheaper instrument. Equity where the growth is real. Hybrids only when the conversion, the cap, and the control terms are acceptable on the downside, not just the upside. First-check syndrome is a process failure. We design against it.
The terms and the aftermath. Valuation, covenants, governance, and exit rights negotiated as one package. Documentation that closes. Then a capital-allocation discipline so the proceeds create value instead of buying another year of the same problem.
The client keeps the decision. SpearTip keeps the math honest, the narrative tight, and the process competitive. That is the difference between raising capital and handing it away.