“By Entrepreneurs, for Entrepreneurs” | Page 1 of 13

Total Page:16

File Type:pdf, Size:1020Kb

“By Entrepreneurs, for Entrepreneurs” | Page 1 of 13 VentureSpur 2014 – Program Overview VentureSpur is a venture accelerator and venture capital seed fund dedicated to identifying and developing early-stage, high-growth ventures. Through a 12-week program of acceleration, VentureSpur provides selected participants with seed capital, office space, a team of entrepreneurial mentors, education and development opportunities, and a wide range of free and discounted technical and business services. VentureSpur receives an approximately 10% equity stake in the participating companies in exchange for acceptance into the program. or The program culminates on Pitch Day, during which participants have an opportunity to make their investment and product pitch to angel investors, venture capitalists and others in order to raise their next round of capital. The VentureSpur program provides office space for startups admitted to the program in either our Oklahoma City or our Dallas office. All program components are shared digitally between and Fund Seed both offices. Running in two cities and across two states, the program provides participants with Venture Accelerat unique opportunities to expand their mentoring, network relationships, sales opportunities and fund-raising leads across the entire central US region. Participants are selected through an open application process that begins with startup teams submitting a written application through VentureSpur’s website. Applications are reviewed by the accelerator’s management and investors. The top finalists are invited to make a brief presentation in-person or by video. From these finalists, a number of teams are invited to participate in the 12-week acceleration program. VenureSpur is different from traditional incubators, seed funds, venture capital firms and angel investors. VentureSpur provides an 67.0897 elite group of companies with not only investment, but also an intensive regimen of 3 The ExchangeThe OKC 700 ½ W Sheridan Oklahoma City, OK 73102 405. development, mentorship and vital network contacts through a structured 12-week program VentureSpur Oklahoma City with a focus on rapid preparation for business launch and a first round of venture capital. At VentureSpur, our mentors are the backbone of our program. These are highly successful entrepreneurial leaders who have agreed to spend time mentoring and guiding our participants through the acceleration program and the launch of their businesses. VentureSpur offers participants a unique opportunity in the region to fund, develop and 3724 launch their businesses with the support and - expertise of mentors who have been through the launch of their own successful companies. VentureSpur also offers startups a unique The DallasThe Entrepreneur Center N.1333 Stemmons Frwy, Suite 110 TX Dallas, 75207 214.432.3742 opportunity to present their investment and VentureSpur Dallas product pitch in front of our Pitch Day audiences, which contain representatives from almost all of the active investors in Oklahoma and North Texas, and representation from other regions as well. “By Entrepreneurs, For Entrepreneurs” www.VentureSpur.com | Page 1 of 13 Program Focus Area – EdTech and Online Education Online learning, training, certification and gamification of education are focus areas for the VentureSpur acceleration program, especially at our Oklahoma City office. We believe that online education is one of the fastest growing and most important areas of development both in the US and internationally. We believe that tremendous or opportunities for transformation, market disruption and human development exist in this focus area, and intend to help develop the most promising startups in the nation, working in this area. While VentureSpur is seeking and accepts applications from all startups meeting our and Fund Seed program criteria, we feel we have something special to offer applicants in these focus Venture Accelerat areas. Sample Mentors with Relevant Experience: Piyush Patel – Founder & CEO of DigitalTutors.com In business for over a decade, Digital Tutors has become a leader in online learning in the animation, video and film industries. Their client roster includes such multimedia giants as Pixar and Adobe. His company has been the recipient of several awards including the prestigious Telly Award (2 for Web Design and Interactive Media) and a Horizon Interactive Award for Interactive Education & Training. 67.0897 3 Ken Parker – Founder & CEO of NextThought.com The ExchangeThe OKC 700 ½ W Sheridan Oklahoma City, OK 73102 405. Ken is the CEO of NextThought, a company providing innovative learner-centric VentureSpur Oklahoma City online education, collaboration and community solutions for several industries, and especially for Wall Street. Previously, Ken co-founded the global financial tech company, RiskMetrics, which was recently sold to MSCI for $1.5 billion. Corey Miller – Founder & CEO of WebDesign.com Corey is the founder and CEO of WebDesign.com, a leading provider of online training for web designers. WebDesign.com is part of his larger company, iThemes, which he founded in 2008. iThemes specializes in WordPress themes, 3724 plugins and training. His company was recently named the 7th fastest growing in - Oklahoma City by the Metro 50. iThemes is based in Oklahoma and has employees and clients around the globe. Bjorn Billhardt – Founder & CEO of Enspire Learning The DallasThe Entrepreneur Center N.1333 Stemmons Frwy, Suite 110 TX Dallas, 75207 214.432.3742 Bjorn Billhardt is the CEO of Enspire Learning. Bjorn founded Enspire Learning in VentureSpur Dallas 2001 with the vision to change the way people learn. He has worked with Fortune 500 clients and delivered hundreds of successful leadership development programs in more than twenty countries. Bjorn is a recognized thought leader in simulation-based learning and has presented at numerous conferences, including CLO Symposium, Training, ASTD, and ISPI. “By Entrepreneurs, For Entrepreneurs” www.VentureSpur.com | Page 2 of 13 Program Focus Area – Mobility & Tech for Restaurants and Retail Mobility and technology for restaurants, retail, hospitality and related sectors are a major focus area for the VentureSpure acceleration program, especially at our Dallas office. The consumer experience, as well as the logistics and delivery models, in restaurants and retail markets are or being radically transformed by mobile technologies and online services. We selected this focus area because we believe the marketplace has only just begun to imagine, develop and adopt the many transformative opportunities delivered by new technologies. and Fund Seed While VentureSpur is seeking and accepts applications from all startups meeting our Venture Accelerat program criteria, we feel we have something special to offer applicants in these focus areas. Sample Mentors with Relevant Experience: Greg Fasullo – Founder & CEO of EnTouch Controls Greg is the CEO of EnTouch Controls, an energy management company focused on servicing the restaurant and retail sectors. The company has significant traction and clients include Chuck E. Cheese and Corner Bakery Cafe. Greg is an experienced executive and entrepreneur with a history of building and leading high performance teams, his passion is aligning emerging technologies with underserved market needs. 67.0897 3 The ExchangeThe OKC 700 ½ W Sheridan Oklahoma City, OK 73102 405. TJ Person – Founder & CEO of Koupon Media VentureSpur Oklahoma City TJ Person is CEO and founder of Koupon Media, provider of the Digital Campaign Management (DCM) Platform to help retailers and brands deploy coupon, loyalty and offer programs in a matter of days. The Company works with global brands including 7 Eleven, Pepsi, Michaels Stores, among many others. Chris Fagan – Founder & CEO of KeyRing Chris Fagan is the founder and CEO of KeyRing, a mobile wallet for loyalty card and coupons for restaurants and retail. The company was acquired in Sept 2012 3724 by Gannett (GCI), a major media company that owns and operates 80 newspapers - and television stations across the US including the USA today. Gab Goncalves – Founder & CEO of PeopleAnswers The DallasThe Entrepreneur Center N.1333 Stemmons Frwy, Suite 110 TX Dallas, 75207 214.432.3742 Gabriel Goncalves is the founder, and President & CEO of PeopleAnswers, a VentureSpur Dallas software-as-a-service company with solutions in the talent sciences space. PeopleAnswers helps enterprise and mid-market companies decrease employee turnover and increase employee performance. It’s patented software solution combines behavioral and performance data to create highly predictive job-specific hiring benchmarks. Ten million people last year were evaluated across the globe by its software. “By Entrepreneurs, For Entrepreneurs” www.VentureSpur.com | Page 3 of 13 VentureSpur Board of Directors Kraettli Lawrence Epperson – Managing Director Kraettli Lawrence Epperson is an active entrepreneur, technologist and angel investor with experience as a chief executive, chief technical officer and board member for multiple technology companies. He has a technical background as a software developer and systems administrator. As an entrepreneur, Kraettli has or launched several successful technology companies including Questia Media, R7 Solutions and HyperAlert. David Matthews – Director and Fund Seed David Matthews has a background as an entrepreneur, a lead investor in Venture Accelerat emerging alternative investment funds, a venture capitalist, and as a venture philanthropist. As an entrepreneur, David launched several
Recommended publications
  • New Orleans Ranks 12Th Among U.S. Cities for Infrastructure Jobs, Report Finds
    New Orleans ranks 12th among U.S. cities for infrastructure jobs, report finds TED JACKSON / THE TIMES-PICAYUNEThe U.S. Army Corps of Engineers dredge Wheeler works near head of passes in the lower Mississippi River, along with 5 other dredges keeping the channel open for shipping traffic, Tuesday, March 20, 2012. In the foreground is a river pilot boat headed downriver (and past the Wheeler) to pilot town. Print By Katherine Sayre, NOLA.com | The Times-Picayune Email the author | Follow on Twitter on May 09, 2014 at 7:20 AM, updated May 09, 2014 at 7:21 AM Workers operating refineries, engineering bridges, hauling containers and performing other labor focused on the nation's infrastructure make up nearly 13 percent of the New Orleans metro area workforce, one of the highest rates of infrastructure jobs in the country, according to a report released Friday. In total, infrastructure jobs -- defined as supporting the nation's assets in energy, trade, transportation, public works and other sectors -- make up 11 percent of the U.S. workforce, more than previously thought, according to the report from The Brookings Institution. Over the next decade, infrastructure jobs will grow by more than 9 percent, the report said, and 2.7 million workers will be needed to fill open positions from turnover and aging workers retiring. Researchers with Brookings' Metropolitan Policy Program took stock of the nation's infrastructure jobs, defining 95 occupations in 42 industries from civil engineers and urban planners to river pilots and and petroleum pump operators, calling it the first report of its kind.
    [Show full text]
  • Teneros Series A
    PRESS RELEASE Press Contacts: Cynthia Harris (650) 520-8343 [email protected] TENEROS SECURES $7 MILLION IN SERIES A FUNDING FROM NEW ENTERPRISE ASSOCIATES AND SEVIN ROSEN FUNDS General Partners Join Board to Counsel Development and Growth MOUNTAIN VIEW, Calif. – July 12, 2004 – Teneros, Inc., developers of the first application continuity appliance addressing the need for zero-downtime of mission critical applications, announced today that it has closed Series A funding of $7 million from New Enterprise Associates (NEA) and Sevin Rosen Funds. "We are very pleased to have NEA and Sevin Rosin as investors and advisors in the development of our vision for application continuity solutions," said Steve Lewis, CEO of Teneros. "This funding is an important step in the timely delivery of products addressing a huge market need.” In addition, the company announced that partners from NEA and Sevin Rosin have taken board of director seats. Scott D. Sandell joined the Teneros board from NEA. He is currently a general partner at NEA and sits on the boards of Actional, Agami Systems, CenterBeam, Data Domain, Ensim, FineGround Networks, Foveon, and Spreadtrum Communications. Sandell formerly served on the boards of Amplitude Software (acquired by Critical Path), Neoteris (acquired by Juniper Networks, (NASDAQ: JNPR), NetIQ (NASDAQ: NTIQ) and WebEx (NASDAQ: WEBX). Nick Sturiale comes to the Teneros board from Sevin Rosen Funds where he serves as a general partner and sits on the boards of Chutney, NeoScale, RouteScience, SolidCore and Westbridge. Prior to Sevin Rosen, Sturiale spent many years as an entrepreneur in the enterprise software, flat panel display, and semiconductor industries.
    [Show full text]
  • Richey-Mixon Building Will Think Outside the Box Engineering The
    Richey-Mixon Building Engineering the Future Will Think Outside the Box Business strategist makes a $2 million investment $5 million commitment supports “think box” approach to innovation When 1949 Case Institute of Technology alumnus Charles Phipps imparts advice to current engineering students, he focuses on an ever-changing future: “Commit to continuous learning. Take courses. Be adaptable. Learn to sell your The recipe for starting a successful new business is simple, according to Joseph B. “J.B.” ideas to those around you.” Richey II (CIT ’62) and A. Malachi Mixon III: Take one part technology, mix it with one part Above all else, he says, “Think ahead several years about what you want to business plan and add a few generous helpings of chicken wings. accomplish and what it will take to get there.” “We used to go to a place that had free chicken wings and plot how some day we’d have As a leadership donor, Phipps already has thought ahead about the tools a business together,” Mixon recalls. the Case School of Engineering will need to take electrical engineering and It was during one of those wistful conversations that he and Richey—whose adaptation computer science to the next level. Through a $2 million commitment, Phipps of X-ray tube and electronics technology created the first full-body CAT scan—began to will create an endowment that will help support the department’s needs as discuss a struggling wheelchair manufacturing company. The two co-led the leveraged they emerge. buyout of the company in 1979. Mixon turned to Richey to capitalize on the engineer’s Adaptability has been critical for his career, which has spanned six decades, talent for seeing the product potential in new technologies.
    [Show full text]
  • PDF: 300 Pages, 5.2 MB
    The Bay Area Council Economic Institute wishes to thank the sponsors of this report, whose support was critical to its production: The Economic Institute also wishes to acknowledge the valuable project support provided in India by: The Bay Area Council Economic Institute wishes to thank the sponsors of this report, whose support was critical to its production: The Economic Institute also wishes to acknowledge the valuable project support provided in India by: Global Reach Emerging Ties Between the San Francisco Bay Area and India A Bay Area Council Economic Institute Report by R. Sean Randolph President & CEO Bay Area Council Economic Institute and Niels Erich Global Business/Transportation Consulting November 2009 Bay Area Council Economic Institute 201 California Street, Suite 1450 San Francisco, CA 94111 (415) 981-7117 (415) 981-6408 Fax [email protected] www.bayareaeconomy.org Rangoli Designs Note The geometric drawings used in the pages of this report, as decorations at the beginnings of paragraphs and repeated in side panels, are grayscale examples of rangoli, an Indian folk art. Traditional rangoli designs are often created on the ground in front of the entrances to homes, using finely ground powders in vivid colors. This ancient art form is believed to have originated from the Indian state of Maharashtra, and it is known by different names, such as kolam or aripana, in other states. Rangoli de- signs are considered to be symbols of good luck and welcome, and are created, usually by women, for special occasions such as festivals (espe- cially Diwali), marriages, and birth ceremonies. Cover Note The cover photo collage depicts the view through a “doorway” defined by the section of a carved doorframe from a Hindu temple that appears on the left.
    [Show full text]
  • Office of Career Services Venture Capital Firms In
    OFFICE OF CAREER SERVICES VENTURE CAPITAL FIRMS IN NEW YORK CITY Apax Partners Apax Partners is one of the world’s leading private equity investment groups, operating across the United States, Europe, Israel, and Asia. Apax identifies long term investments in growth companies in the tech & telecom, retail and consumer, media, healthcare and financial and business services sectors. Its success is built upon its deep, international sector expertise. www.apax.com Bessemer Venture Partners Bessemer Venture Partners, one of the oldest venture capital firms in the country, works to identify new markets most fertile for disruption for startup. Currently these industries include, but are not limited to, clean tech, financial services, and cloud computing. Bessemer Venture Partners currently manages $1.6 billion with approximately 50 investment professionals. www.bvp.com Canaan Partners Canaan Partners, with $3.5 billion under management and with nine funds, invests primarily in small and mid- sized companies in the technology, enterprise, clean tech, telecommunications, and healthcare sectors. www.canaan.com JPMorgan Partners, LLC (JPMP) JPMorgan Partners, LLC, a private equity division of JPMorgan Chase & Co., has invested over $15 billion worldwide in consumer, media, energy, industrial, financial services, healthcare and technology companies since its inception in 1984. Currently, the fund is managed by CCMP Capital Advisors, LLC and Panorama Capital, LLC. www.jpmorganpartners.com Mitsui Global Investment Mitsui is a provider of early stage venture capital for various types of US technology firms with a special expertise in helping to build their businesses globally. With offices in New York, Silicon Valley, and Tokyo, Mitsui currently has investments in China, Japan and the USA in the IT, healthcare, retail, and clean tech sectors.
    [Show full text]
  • GESCHÄFTSBERICHT 2007 ANNUAL REPORT 2007 GB P3 07.Qxp:GB P3 18.3.2008 16:15 Uhr Seite 2
    GB_P3_07.qxp:GB_P3 18.3.2008 16:15 Uhr Seite 1 GESCHÄFTSBERICHT 2007 ANNUAL REPORT 2007 GB_P3_07.qxp:GB_P3 18.3.2008 16:15 Uhr Seite 2 GESCHÄFTSBERICHT 2007 ÜBERBLICK 2007 OVERVIEW 2007 ENTWICKLUNG DES BÖRSENKURSES UND DES INNEREN WERTES 01.01.2007 BIS 31.12.2007 PRICE AND NAV DEVELOPMENT 01.01.2007 UNTIL 31.12.2007 1’600 1’500 1’400 1’300 EUR in 1’200 1’100 1’000 900 12.06 01.07 02.07 03.07 04.07 05.07 06.07 07.07 08.07 09.07 10.07 11.07 12.07 Innerer Wert pro Zertifikat / Net Asset Value (NAV) per certificate Preis / Price 2 GB_P3_07.qxp:GB_P3 18.3.2008 16:15 Uhr Seite 3 ANNUAL REPORT 2007 Firmenprofil Company Profile Die Partners Group Private Equity Performance Holding Partners Group Private Equity Performance Holding Limited Limited («P3 Holding», «P3») ist eine nach dem Recht von (“P3 Holding”, “P3”) is a limited liability company, which was Guernsey gegründete Gesellschaft mit beschränkter Haftung incorporated under the laws of Guernsey and is domiciled in mit Sitz in St. Peter Port, Guernsey. Der Zweck der Gesell- St. Peter Port, Guernsey. The objective of the company is to schaft ist die Verwaltung und Betreuung eines Portfolios aus professionally manage a portfolio of investments in private Beteiligungen an Private Equity-Zielfonds, börsennotierten equity partnerships, listed private equity vehicles and direct Private Equity-Gesellschaften und Direktinvestitionen. P3 investments. P3 is supported in its activities by the Invest- wird in dieser Tätigkeit durch ihren Anlageberater Partners ment Advisor, Partners Group, which is a global alternative Group beraten.
    [Show full text]
  • Final Rule: Exemptions for Advisers to Venture Capital Funds, Private
    39646 Federal Register / Vol. 76, No. 129 / Wednesday, July 6, 2011 / Rules and Regulations SECURITIES AND EXCHANGE 6. No Redemption Rights The primary purpose of Congress in COMMISSION 7. Represents Itself as Pursuing a Venture repealing section 203(b)(3) was to Capital Strategy require advisers to ‘‘private funds’’ to 17 CFR Part 275 8. Is a Private Fund register under the Advisers Act.6 Private 9. Application to Non-U.S. Advisers [Release No. IA–3222; File No. S7–37–10] 10. Grandfathering Provision funds include hedge funds, private B. Exemption for Investment Advisers equity funds and other types of pooled RIN 3235–AK81 Solely to Private Funds With Less Than investment vehicles that are excluded $150 Million in Assets Under from the definition of ‘‘investment Exemptions for Advisers to Venture Management company’’ under the Investment Capital Funds, Private Fund Advisers 1. Advises Solely Private Funds Company Act of 1940 7 (‘‘Investment With Less Than $150 Million in Assets 2. Private Fund Assets Company Act’’) by reason of section Under Management, and Foreign 3. Assets Managed in the United States 3(c)(1) or 3(c)(7) of such Act.8 Section Private Advisers 4. United States Person 3(c)(1) is available to a fund that does C. Foreign Private Advisers AGENCY: Securities and Exchange 1. Clients not publicly offer the securities it 9 Commission. 2. Private Fund Investor issues and has 100 or fewer beneficial 10 ACTION: Final rule. 3. In the United States owners of its outstanding securities. A 4. Place of Business fund relying on section 3(c)(7) cannot SUMMARY: The Securities and Exchange 5.
    [Show full text]
  • Know Your Private Equity Strategy How to Distinguish Between Growth Equity and Late-Stage Venture Capital
    Research April 2019 Know Your Private Equity Strategy How to Distinguish Between Growth Equity and Late-Stage Venture Capital KEY ELEMENTS Growth equity and late-stage venture capital (VC) are both growth-oriented private equity strategies, but they have significantly different characteristics. Late-stage VC companies have high revenue growth rates and demonstrated viability by virtue of user-adoption or sales, with a strong shot at an IPO. Growth equity companies have comparatively lower revenue growth rates but a more established market presence, and are further along in achieving profitability. Late-stage venture capital typically comes in organized funding rounds with multiple general partners taking small minority stakes. Growth equity investors also take minority stakes, though typically for at least 25% ownership. Late-stage venture capital managers generally target riskier investments and higher returns than growth equity managers, but historically neither strategy, in the aggregate, has hit its return objectives for vintage years 2000-14, and late-stage VC especially has underperformed. For purposes of portfolio construction and strategy selection, late-stage venture capital and growth equity strategies should be treated as separate and distinct, with different return and risk profiles. “Understanding the difference is vital for both manager selection and in structuring an existing private equity portfolio.” Ashley DeLuce Private Equity Consulting Group “Know what you own” is a fundamental tenet for institutional investors. Fund sponsors should understand the characteristics of the assets in which they are invested and are evaluating as possible investments. This better positions them to make informed judgments about their long-term strategies and the construction of their portfolios.
    [Show full text]
  • Final Rule: Exemptions for Advisers to Venture Capital Funds
    SECURITIES AND EXCHANGE COMMISSION 17 CFR Part 275 Release No. IA-3222; File No. S7-37-10 RIN 3235-AK81 Exemptions for Advisers to Venture Capital Funds, Private Fund Advisers With Less Than $150 Million in Assets Under Management, and Foreign Private Advisers AGENCY: Securities and Exchange Commission. ACTION: Final rule. SUMMARY: The Securities and Exchange Commission (the ―Commission‖) is adopting rules to implement new exemptions from the registration requirements of the Investment Advisers Act of 1940 for advisers to certain privately offered investment funds; these exemptions were enacted as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the ―Dodd- Frank Act‖). As required by Title IV of the Dodd-Frank Act – the Private Fund Investment Advisers Registration Act of 2010 – the new rules define ―venture capital fund‖ and provide an exemption from registration for advisers with less than $150 million in private fund assets under management in the United States. The new rules also clarify the meaning of certain terms included in a new exemption from registration for ―foreign private advisers.‖ DATES: Effective Date: July 21, 2011. FOR FURTHER INFORMATION CONTACT: Brian McLaughlin Johnson, Tram N. Nguyen or David A. Vaughan, at (202) 551-6787 or <[email protected]>, Division of Investment Management, U.S. Securities and Exchange Commission, 100 F Street, NE, Washington, DC 20549-8549. SUPPLEMENTARY INFORMATION: The Commission is adopting rules 203(l)-1, 203(m)-1 and 202(a)(30)-1 (17 CFR 275.203(l)-1, 275.203(m)-1 and 275.202(a)(30)-1) under the - 2 - Investment Advisers Act of 1940 (15 U.S.C.
    [Show full text]
  • AFRICA's AFRICA's
    hy is the private sector yet to take off in much of sub-Saharan Ramachandran, Gelb, and Shah Africa? Drawing on a unique set of enterprise surveys, Vijaya WRamachandran and her co-authors identify the biggest AFRICA’sAFRICA’sAFRICA’s obstacles: inadequate infrastructure (especially unreliable electricity and crumbling roads) and burdensome regulations. They then show how ethnic minorities dominate the private sector in many countries, PRIVATEPRIVATEPRIVATE SECTORSECTORSECTOR inhibiting competition and demands for a better business environment, and thus impeding the emergence of an entrepreneurial middle class. What’s Wrong with the Business Based on this careful diagnosis, the authors suggest investing in Environment and What to Do About It infrastructure and reforming regulations to lower the cost of doing business, and increasing the access to education for would-be entrepreneurs to help foster the emergence of a broader-based business class that crosses ethnic divides. __________________________________________________________ “An essential read for all struggling with the challenge of stimulating private sector–led growth in Africa. Vijaya Ramachandran and her co- Sector Africa’s Private authors provide the right big picture for the donor community, with a sharp focus on the most important constraints to growth and the right solutions.” Jeri Jensen, Managing Director for Private Sector Initiatives, U.S. Millennium Challenge Corp. “In a field dominated by sweeping conclusions based on a few ‘illustrative’ anecdotes about small and medium-sized firms, Ramachandran, Gelb, and Shah’s painstaking research respects the rules of scientific inquiry: they parse a huge amount of empirical survey data to reach rock-solid conclusions. The book is a breath of fresh air that should be read by all development economists and policymakers.” Guy Pfeffermann, CEO, Global Business School Network Former Chief Economist, CENTER FORGLOBAL DEVELOPMENT International Finance Corporation (World Bank) Vijaya Ramachandran Washington, D.C.
    [Show full text]
  • 2010 National Venture Capital Association Yearbook
    s/National Venture Capital Association s/National Venture INCLUDING STATISTICS FROM THE STATISTICS INCLUDING YEARBOOK 2010 MoneyTree™ Report based on data from Thomson Reuters Report based on data from MoneyTree™ PricewaterhouseCooper NATIONAL NATIONAL NATIONAL VENTURE VENTURE CAPITAL CAPITAL ASSOCIATION ASSOCIATION PREPARED BY BY PREPARED PREPARED NATIONAL VENTURE CAPITAL ASSOCIATION YEARBOOK 2010 Suite 850 www.nvca.org Arlington, VA 22209 Arlington, VA 1655 Fort Myer Drive Myer 1655 Fort 18th Floor Times Square 3 New York, NY 10036 New York, www.thomsonreuters.com March 2010 Dear Reader: As the nation and world works through the many economic and fiscal challenges of our time, the US venture capital industry and the entrepreneurial sector are being looked to for job creation, economic development, better healthcare, cleaner technology, and other answers to today’s opportunities. The statistics gathered and tracked by Thomson Reuters for ThomsonONE.com (formerly VentureXpert) and this Yearbook are essential to enabling analysis of venture capital by pol- icy think tanks and economists and for use by government officials and other decision makers. For example, recent analysis of Thomson Reuters data by IHS Global Insight shows that while venture capital investment represents 0.2% of US GDP, the revenue of companies created by the industry represented 21% of GDP in 2008. For every venture capital dollar invested in 1970-2001, there was $9.88 in US revenue during 2008 in those companies and for every $24,564 of venture capital invested in 1970-2001, there was one ongoing job at the end of the year 2008. On behalf of the National Venture Capital Association board of directors and staff, we are pleased to present you with the latest statistics that describe the activity of the venture capital industry in the United States.
    [Show full text]
  • Value Creation in the Private Equity and Venture Capital Industry
    Value Creation in the Private Equity and Venture Capital Industry _______________ Kevin KAISER Christian WESTARP 2010/19/FIN Value Creation in the Private Equity and Venture Capital Industry By Kevin Kaiser* And Christian Westarp** These notes were prepared by Professor Kevin Kaiser (INSEAD) and Christian Westarp (2006 MBA, INSEAD and former Research Assistant, INSEAD). Several references have been used in the production of these notes and we have tried to provide all references throughout. This note is extremely incomplete and not yet ready for public dissemination. Please do not reproduce or quote without the permission of the author. * Affiliate Professor of Finance at INSEAD, Boulevard de Constance, 77305 Fontainebleau Cedex, France, Ph : +33 (0)1 60 72 41 31 ; Email : [email protected] ** Senior Consultant at Capgemini Consulting France Area, Paris, France, A working paper in the INSEAD Working Paper Series is intended as a means whereby a faculty researcher's thoughts and findings may be communicated to interested readers. The paper should be considered preliminary in nature and may require revision. Printed at INSEAD, Fontainebleau, France. Kindly do not reproduce or circulate without permission. VALUE CREATION IN THE PRIVATE EQUITY AND VENTURE CAPITAL INDUSTRY TABLE OF CONTENTS Section 1 The Role of the Private Equity and Venture Capital Industry...........................................1 1.1 The rise of the modern manager and accompanying agency costs........................................1 1.2 Private Equity: A response
    [Show full text]