DOCSLIB.ORG

Private Placement Activity Chris Hastings | [email protected] | 917-621-3750 1/15/2018 – 1/19/2018 (Transactions in Excess of $20 Million)

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Private Placement Activity Chris Hastings | Chastings@Signalhill.Com | 917-621-3750 1/15/2018 – 1/19/2018 (Transactions in Excess of $20 Million) Private Capital Group Private Placement Activity Chris Hastings | [email protected] | 917-621-3750 1/15/2018 – 1/19/2018 (Transactions in excess of $20 million) Trends & Commentary . This week, 11 U.S. private placement deals between $20 million and $50 million closed, accounting for U.S. VC Activity $372 million in total proceeds, compared to last week’s 9 U.S. deals leading to $292 million in total $ in Billions proceeds. This week also had 3 U.S. deals between $50 million and $100 million yielding $168 million, $120 12,000 compared to last week’s 5 deals resulting in $343 million in total proceeds. 10,406 10,463 . 2017 saw the highest total VC deal value in over a decade, reaching $84.2 billion across 8,076 deals. 9,183 10,000 This represents a 15% CAGR in deal value from 2010 to 2017, with a 6% CAGR in number of deals 8,635 for the same time period. (see figure) $90 7,849 8,076 . Private equity firms have been straying away from brick-and-mortar retailers; 2017 saw 64 deals for $84 8,000 U.S. retail companies in 2017, an 18% decrease from 2016. Instead, they have been trending towards 6,703 $79 $72 e-Commerce companies – 2017 saw 72 PE deals in the U.S. e-Commerce space, a 31% YoY $70 increase from 2016, despite a decline in overall U.S. PE deals. $60 5,351 6,000 . SurveyMonkey, an online polling company, has reportedly been in talks to choose bankers for a public offering during 2018. The Company was last valued at $2.0 billion in 2014 after receiving $240 million $44 $45 4,000 from T. Rowe Price Associates, Tiger Global Management and ICONIQ Capital, among others. $41 $30 . Insight Venture Partners has promoted Anika Agarwal, Rachel Geller and Ross Devor to Managing $32 Director and Matt Gatto, Kevin Hurth and Philip Vorobeychik to Principal. The Company also hired 2,000 Teddie Wardi as a principal, who was previously a Partner at Atomico. In 2017, private equity firms closed $232.7 billion across 247 funds, with a median fund size of $293 $- 0 million, an increase from $225 million in 2016. 2010 2011 2012 2013 2014 2015 2016 2017 Deal Value Deals Closed Highlights . Uber raised $1.3 billion at a $67.8 billion pre-money valuation – SoftBank Group led the round. C3 IoT, a provider of a cloud-based enterprise platform for big data, AI and IoT applications, raised $100 million – existing investors include Breyer Capital and Sutter Hill Ventures. True Fit, a provider of an intelligent data platform for fashion retailers, raised $55 million in Series C funding – Georgian Partners led the round. Apartment List, a provider of a web and mobile based apartment rental marketplace, raised $50 million in Series C funding at a $250 million pre-money valuation – existing investor Passport Capital led the round. Varo Money, a developer of a fintech-based banking platform, raised $45 million in Series B funding – existing investors include the Rise Fund and Warburg Pincus. Roofstock, an operator of an online marketplace for tenant-occupied rental properties, raised $42 million in Series C funding at a $250 million pre-money valuation – Canvas Ventures led the round. Anomali, a provider of a threat intelligence platform, raised $40 million in Series D funding at a $280 million pre-money valuation – Lumia Capital led the round. Visible Alpha, a provider of an investment data and analytics platform, raised $38 million – the Goldman Sachs Group led the round. Circleci, a provider of an integration platform for automated testing, raised $31 million in Series C funding at a $110 million pre-money valuation – Top Tier Capital Partners led the round. Source: PitchBook Data, Inc., NYSE, S&P Global Market Intelligence Strictly Private & Confidential Note: Bolded names in “Investors” column indicate existing investors participating in new deal 1 Private Placement Activity 1/15/2018 – 1/19/2018 (Transactions in excess of $20 million) Company Company Amount Date Investors Series Company Description / Comments Name Location Raised ($M) Information Technology BlackRock Private Equity Partners, Fidelity Provider of a location-based mobile application designed to connect riders and transportation Investments, General Atlantic, GV, Kleiner San Francisco, providers. The company's on-demand ride-hailing application allows passengers to request a variety Uber Technologies 18-Jan-18 Perkins Caufield & Byers, Lead Edge Capital, $1,250 NA CA of personal transportation options that are fulfilled by a network of contract drivers. SoftBank Group New Enterprise Associates, Norwest Venture led the round. $67.8 billion pre-money valuation. Partners, Sequoia Capital, Summit Partners Burch Creative Capital, Floodgate Fund, Provider of on-demand delivery services designed to connect consumers with local stores. The Foundation Capital, FundersClub, Investo, company's on-demand services offer everything including food, grocery, medicine, fashion and Rappi 17-Jan-18 Bogotá, Colombia Monashees Capital, ONEVC, Plug and Play $130 NA beauty, through an application, enabling users to shop for any items and get them delivered to their Tech Center, Redpoint eventures, Streamlined homes within minutes. Ventures, XG Ventures, Y Combinator Provider of a next-generation, cloud-based enterprise Platform as a Service (PaaS) designed to Breyer Capital, Constellation Technology rapidly deploy big data, AI and IoT applications. The company's next-generation, cloud-based Ventures, InterWest Partners, Makena Capital Redwood City, enterprise Platform as a Service (PaaS) is a suite of pre-built, cross-industry applications, that C3 IoT 17-Jan-18 Management, Primera Capital (Venture Capital), $100 NA CA facilitate IoT business transformation for organizations in energy, manufacturing, aerospace, Sutter Hill Ventures, The Rise Fund, TPG automotive, chemical, pharmaceutical, telecommunications, retail, insurance, healthcare, financial Growth, Wildcat Venture Partners services and the public sector. BHB Network, Boost VC, Bpifrance, CapHorn Invest, Cathay Innovation, Digital Currency Developer of security products for cryptocurrencies and blockchains designed to provide a trust layer Group, Draper Associates, FirstMark Capital, between the blockchain system and the physical world. The company's line of products for the Ledger 18-Jan-18 Paris, France $75 Series B GDTRE, Hi-Pay, Kima Ventures, Korelya cryptocurrency and blockchain market include hardware wallets for consumers, server appliances for Capital, Siparex Group, Wicklow Capital, XAnge enterprise and embedded technology for connected objects. Draper Esprit led the round. Private Equity Breakaway Innovation Group, BYU Cougar Provider of an intelligent data platform created for fashion retailers to find online stores. The Capital, Cross Creek Advisors, Founder company's intelligent data platform connect data and API integrations AI/machine learning personal True Fit 15-Jan-18 Boston, MA Collective, Guggenheim Partners, Intel Capital, $55 Series C experiences from thousands of leading apparel and footwear brands, anonymized consumer order Jump Capital, Novel TMT Ventures, Promus data from hundreds of retailers, and personal preference data from users. Georgian Partners led Ventures, Signal Peak Ventures the round. Provider of a web and mobile based apartment rental marketplace designed to make home finding Canaan Partners, Glynn Capital Management, process as simple and delightful. The company's apartment rental marketplace is a cross-platform app Industry Ventures, Matrix Partners, Passport San Francisco, to connect renters with landlords across the U.S. through asking questions, manual filters and a visual Apartment List 18-Jan-18 Capital, Quantum Venture Partners, $50 Series C CA interface that leans on photos and maps, enabling them to search various apartments for rent and Rothenberg Ventures, Tenaya Capital, make better decisions about where they live. Passport Capital led the round. $250 million pre- Western Technology Investment money valuation. Developer of a financial technology based banking platform. The company designs and offers a San Francisco, mobile platform used for banking purposes, including financial insights and analysis of spending, real- Varo Money 18-Jan-18 The Rise Fund, Warburg Pincus $45 Series B CA time budgeting along with providing debit card, savings and lending products. It also provides access to other financial applications via an in-app marketplace. Source: PitchBook Data, Inc., NYSE, S&P Global Market Intelligence Strictly Private & Confidential Note: Bolded names in “Investors” column indicate existing investors participating in new deal 2 Private Placement Activity 1/15/2018 – 1/19/2018 (Transactions in excess of $20 million) Company Company Amount Date Investors Series Company Description / Comments Name Location Raised ($M) Information Technology Asia Pacific Land, Bain Capital Ventures, Operator of an online marketplace designed to buy & sell tenant-occupied rental property. The Canvas Ventures, FJ Labs, Grey Wolf VC, company's online marketplace provides detailed home and tenant information, local vetted property Khosla Ventures, Lightspeed Venture Roofstock 18-Jan-18 Oakland, CA $42 Series C management options, as well as analytics and general market insights, enabling investors to evaluate Partners, Nyca Partners, Otter Rock Capital, and purchase certified properties. Canvas Ventures led the round. $250 million pre-money QED Investors, SV Angel, SVB Capital, valuation. ZenStone Venture Capital Provider of a threat intelligence platform designed to help organizations find and respond
Load more

Recommended publications
  • Howard County Retirement Plans Meeting Materials
    MEETING MATERIALS HOWARD COUNTY RETIREMENT PLANS April 29, 2021 Margaret Belmondo, CIMA®, Partner Will Forde, CFA, CAIA, Principal Francesca LoVerde, Senior Consulting Analyst BOSTON | ATLANTA | CHARLOTTE | CHICAGO | DETROIT | LAS VEGAS | PORTLAND | SAN FRANCISCO TABLE OF CONTENTS Page March Flash Report 3 Correlation & Stochastic Analysis 12 High Yield Search Book 19 2 MARCH FLASH REPORT NEPC, LLC 3 CALENDAR YEAR INDEX PERFORMANCE 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 Mar YTD S&P 500 2.1% 16.0% 32.4% 13.7% 1.4% 12.0% 21.8% -4.4% 31.5% 18.4% 4.4% 6.2% Russell 1000 1.5% 16.4% 33.1% 13.2% 0.9% 12.1% 21.7% -4.8% 31.4% 21.0% 3.8% 5.9% Russell 2000 -4.2% 16.3% 38.8% 4.9% -4.4% 21.3% 14.6% -11.0% 25.5% 20.0% 1.0% 12.7% Russell 2500 -2.5% 17.9% 36.8% 7.1% -2.9% 17.6% 16.8% -10.0% 27.8% 20.0% 1.6% 10.9% MSCI EAFE -12.1% 17.3% 22.8% -4.9% -0.8% 1.0% 25.0% -13.8% 22.0% 7.8% 2.3% 3.5% MSCI EM -18.4% 18.2% -2.6% -2.2% -14.9% 11.2% 37.3% -14.6% 18.4% 18.3% -1.5% 2.3% MSCI ACWI -7.3% 16.1% 22.8% 4.2% -2.4% 7.9% 24.0% -9.4% 26.6% 16.3% 2.7% 4.6% Private Equity 9.5% 12.6% 22.3% 14.6% 10.4% 10.3% 21.0% 13.1% 17.2% 13.0%* - - BC TIPS 13.6% 7.0% -8.6% 3.6% -1.4% 4.7% 3.0% -1.3% 8.4% 11.0% -0.2% -1.5% BC Municipal 10.7% 6.8% -2.6% 9.1% 3.3% 0.2% 5.4% 1.3% 7.5% 5.2% 0.6% -0.4% BC Muni High Yield 9.2% 18.1% -5.5% 13.8% 1.8% 3.0% 9.7% 4.8% 10.7% 4.9% 1.1% 2.1% BC US Corporate HY 5.0% 15.8% 7.4% 2.5% -4.5% 17.1% 7.5% -2.1% 14.3% 7.1% 0.1% 0.8% BC US Agg Bond 7.8% 4.2% -2.0% 6.0% 0.5% 2.6% 3.5% 0.0% 8.7% 7.5% -1.2% -3.4% BC Global Agg 5.6% 4.3% -2.6%
    [Show full text]
  • In Eastern Partner Countries
    EU4Digital: supporting digital economy and society in the Eastern Partnership Market Assessment for Digital Innovation and Scale-up Initiative in Eastern partner countries Final report June 2020 1 About this study In early 2020, EU4Digital Facility launched activity ‘Market Assessment for Digital Innovation and Scale-up Initiative (DISC) in Eastern Partner Countries’ (hereinafter – study / research) The goal is to analyse the investment landscape for digital high tech companies in these countries: Armenia, Azerbaijan, Belarus, Georgia, the Republic of Moldova and Ukraine. The activity was inspired by Digital Innovation and Scale-up initiative (DISC) in Central, Eastern and South Eastern Europe region (European Commission Factsheet). Based on the findings of this study, the European Commission will be able to adjust its plans to better serve the needs of the local markets, developing adapted financial support instruments. This research aims to: 1. Understand digital innovation and high-tech start-ups investment landscape and identify existing gaps on investment in Eastern partner countries. 2. Map the main private & corporate equity investors that provide financing to digital start-ups and fast growth companies in Eastern partner countries. 3. Map the main public sector investment programs in start-up / tech-oriented companies at the country-level. 4. Analyse micro-level data on private investments in start-up / tech-oriented companies in the region. 5. Provide recommendations to develop and use financial instruments for digital innovation and the scale-up of high-tech start-ups. The research focuses on start-ups at the creation and scale-up phases, rather than traditional SMEs on their path to digitalisation.
    [Show full text]
  • National Venture Capital Association Venture Capital Oral History Project Funded by Charles W
    National Venture Capital Association Venture Capital Oral History Project Funded by Charles W. Newhall III William H. Draper III Interview Conducted and Edited by Mauree Jane Perry October, 2005 All literary rights in the manuscript, including the right to publish, are reserved to the National Venture Capital Association. No part of the manuscript may be quoted for publication without the written permission of the National Venture Capital Association. Requests for permission to quote for publication should be addressed to the National Venture Capital Association, 1655 North Fort Myer Drive, Suite 850, Arlington, Virginia 22209, or faxed to: 703-524-3940. All requests should include identification of the specific passages to be quoted, anticipated use of the passages, and identification of the user. Copyright © 2009 by the National Venture Capital Association www.nvca.org This collection of interviews, Venture Capital Greats, recognizes the contributions of individuals who have followed in the footsteps of early venture capital pioneers such as Andrew Mellon and Laurance Rockefeller, J. H. Whitney and Georges Doriot, and the mid-century associations of Draper, Gaither & Anderson and Davis & Rock — families and firms who financed advanced technologies and built iconic US companies. Each interviewee was asked to reflect on his formative years, his career path, and the subsequent challenges faced as a venture capitalist. Their stories reveal passion and judgment, risk and rewards, and suggest in a variety of ways what the small venture capital industry has contributed to the American economy. As the venture capital industry prepares for a new market reality in the early years of the 21st century, the National Venture Capital Association reports (2008) that venture capital investments represented 2% of US GDP and was responsible for 10.4 million American jobs and 2.3 trillion in sales.
    [Show full text]
  • The Handbook of Financing Growth
    ffirs.qxd 2/15/05 12:30 PM Page iii The Handbook of Financing Growth Strategies and Capital Structure KENNETH H. MARKS LARRY E. ROBBINS GONZALO FERNÁNDEZ JOHN P. FUNKHOUSER John Wiley & Sons, Inc. ffirs.qxd 2/15/05 12:30 PM Page b ffirs.qxd 2/15/05 12:30 PM Page a Additional Praise For The Handbook of Financing Growth “The authors have compiled a practical guide addressing capital formation of emerging growth and middle-market companies. This handbook is a valuable resource for bankers, accountants, lawyers, and other advisers serving entrepreneurs.” Alfred R. Berkeley Former President, Nasdaq Stock Market “Not sleeping nights worrying about where the capital needed to finance your ambitious growth opportunities is going to come from? Well, here is your answer. This is an outstanding guide to the essential planning, analy- sis, and execution to get the job done successfully. Marks et al. have cre- ated a valuable addition to the literature by laying out the process and providing practical real-world examples. This book is destined to find its way onto the shelves of many businesspeople and should be a valuable ad- dition for students and faculty within the curricula of MBA programs. Read it! It just might save your company’s life.” Dr. William K. Harper President, Arthur D. Little School of Management (Retired) Director, Harper Brush Works and TxF Products “Full of good, realistic, practical advice on the art of raising money and on the unusual people who inhabit the American financial landscape. It is also full of information, gives appropriate warnings, and arises from a strong ethical sense.
    [Show full text]
  • 2020 Philadelphia Venture Report
    2020 PHILADELPHIA VENTURE REPORT Data provided by WE HELP BREAKTHROUGH IDEAS ACTUALLY BREAK THROUGH. We believe in the risk takers, the game-changers and the disruptors—those who committed to leveraging innovation to make the world a better place. Bridge Bank, founded in 2001 in Silicon Valley, serves small-market and middle-market businesses across many industries, as well as emerging technology and life sciences companies and the private equity community. Geared to serving both venture-backed and non-venture-backed companies across all stages of growth, Bridge Bank offers a broad scope of financial solutions including growth capital, equipment and working capital credit facilities, venture debt, treasury management, asset-based lending, SBA and commercial real estate loans, ESOP finance and full line of international products and services. To learn more about us, visit info.bridgebank.com/tech-innovation. Matt Klinger Brian McCabe Senior Director, Technology Banking Senior Director, Technology Banking [email protected] [email protected] (703) 547-8198 (703) 345-9307 Bridge Bank, a division of Western Alliance Bank. Member FDIC. *All offers of credit are subject to approval. Introduction 2020 was a watershed moment on so many fronts. The COVID-19 pandemic will forever change how we live, work, and interact. The killings of George Floyd, Breonna Taylor, Ahmaud Arbery, and countless others have brought focus and urgency to attacking racism, racial injustice, and the resulting inequities in our society. Philadelphia has always been a city fueled by passion and determination to challenge the status quo, think differently, invent, and push forward together. This report showcases the fruits of that passion in the form of capital raised to fuel innovation.
    [Show full text]
  • Game-Tech-Whitepaper
    Type & Color October, 2020 INSIGHTS Game Tech How Technology is Transforming Gaming, Esports and Online Gambling Elena Marcus, Partner Sean Tucker, Partner Jonathan Weibrecht,AGC Partners Partner TableType of& ContentsColor 1 Game Tech Defined & Market Overview 2 Game Development Tools Landscape & Segment Overview 3 Online Gambling & Esports Landscape & Segment Overview 4 Public Comps & Investment Trends 5 Appendix a) Game Tech M&A Activity 2015 to 2020 YTD b) Game Tech Private Placement Activity 2015 to 2020 YTD c) AGC Update AGCAGC Partners Partners 2 ExecutiveType & Color Summary During the COVID-19 pandemic, as people are self-isolating and socially distancing, online and mobile entertainment is booming: gaming, esports, and online gambling . According to Newzoo, the global games market is expected to reach $159B in revenue in 2020, up 9.3% versus 5.3% growth in 2019, a substantial acceleration for a market this large. Mobile gaming continues to grow at an even faster pace and is expected to reach $77B in 2020, up 13.3% YoY . According to Research and Markets, the global online gambling market is expected to grow to $66 billion in 2020, an increase of 13.2% vs. 2019 spurred by the COVID-19 crisis . Esports is projected to generate $974M of revenue globally in 2020 according to Newzoo. This represents an increase of 2.5% vs. 2019. Growth was muted by the cancellation of live events; however, the explosion in online engagement bodes well for the future Tectonic shifts in technology and continued innovation have enabled access to personalized digital content anywhere . Gaming and entertainment technologies has experienced amazing advances in the past few years with billions of dollars invested in virtual and augmented reality, 3D computer graphics, GPU and CPU processing power, and real time immersive experiences Numerous disruptors are shaking up the market .
    [Show full text]
  • Oklahoma City Employee Retirement System
    Oklahoma City Employee Retirement System Comprehensive Annual Financial Report | A Pension Trust Fund of Oklahoma City The City of Oklahoma City, Oklahoma | for the Fiscal Year ended June 30, 2019 and 2020 OKLAHOMA CITY EMPLOYEE RETIREMENT SYSTEM A Pension Trust Fund of Oklahoma City, Oklahoma Board of Trustees Paul Bronson, Chairman Ken Culver, Vice-Chairman Frances Kersey, Secretary (ex-officio) Matthew Boggs, Treasurer (ex-officio) Karla Nickels Aimee Maddera Brent Bryant Jacqueline Ames Jim Williamson JC Reiss Randy Thurman Vacant Eugene (Marty) Lawson Management Regina Story, Administrator Comprehensive Annual Financial Report for the Fiscal Years Ended June 30, 2020 and 2019 Prepared by The Oklahoma City Finance Department, Accounting Services Division Angela Pierce, CPA, Assistant Finance Director / Controller OKLAHOMA CITY EMPLOYEE RETIREMENT SYSTEM TABLE OF CONTENTS For the Fiscal Years Ended June 30, 2020 and 2019 PAGE I. INTRODUCTORY SECTION Transmittal Letter 1 Certificate of Achievement for Excellence in Financial Reporting 5 Public Pension Standards Award for Funding and Administration 6 Board of Trustees 7 Professional Services 8 Organization Chart 9 Report of the Chair 10 II. FINANCIAL SECTION Independent Auditor's Report on Financial Statements and Supplementary Information 11 Management's Discussion and Analysis 13 Basic Financial Statements: Statements of Fiduciary Net Position 17 Statements of Changes in Fiduciary Net Position 18 Notes to Financial Statements 19 Required Supplementary Information: Defined Benefit Pension
    [Show full text]
  • March 19, 2020 State of Michigan Retirement System Quarterly Investment Review
    STATE OF MICHIGAN INVESTMENT BOARD MEETING March 19, 2020 State of Michigan Retirement System Quarterly Investment Review Rachael Eubanks, State Treasurer Prepared by Bureau of Investments Michigan Department of Treasury STATE OF MICHIGAN INVESTMENT BOARD MEETING MARCH 19, 2020 Agenda 9:30 a.m. Call to Order and Opening Remarks 9:40 a.m. Approval of the 12/19/19 SMIB Meeting Minutes 9:45 a.m. Executive Summary & Performance for Periods Ending 12/31/19 10:00 a.m. Current Asset Allocation Review Markets Review and Outlook 10:15 a.m. Action Item: Removal of Oakmark Equity and Income Fund from 401(k)/457 DC Plans Investment Manager Lineup 10:25 a.m. Review of Investment Reports Defined Contribution International Equity Domestic Equity Fixed Income Private Equity – Receive and File Real Estate & Infrastructure – Receive and File Real & Opportunistic Return – Receive and File Absolute Return – Receive and File Basket Clause – Receive and File 11:00 a.m. Public Comment Closing Remarks ~ Adjournment 2020 Meeting Schedule Thursday, June 11, 2020 Thursday, September 10, 2020 Thursday, December 10, 2020 All meetings start at 9:30 a.m. www.michigan.gov/treasury State of Michigan Retirement System MINUTES State of Michigan Investment Board Meeting March 19, 2020 Robert L. Brackenbury Deputy C hief Investment Officer Bureau of Investments STATE OF MICHIGAN INVESTMENT BOARD December 19, 2019 Meeting Minutes Board Members Present: Chairman – Treasurer Rachael Eubanks Ms. Dina Richard Mr. Chris Kolb Mr. Reginald Sanders Mr. James Nicholson Members
    [Show full text]
  • Building Michigan's Vibrant Future
    BUILDING2 MICHIGAN’S0 VIBRANT1 FUTURE1 “THESE GUYS CAN ADD A ZERO.” “WE’VE GROWN 43% OVER THE LAST TWO “WHEN I SAW THE RESULTS FROM THE AD CAMPAIGN, Josh Linkner, CEO and Managing Partner, YEARS. THEIR MADNESS WORKS.” I THOUGHT SOMEONE SCREWED UP PLACING A Detroit Venture Partners Tim Marshall, President, Bank of Ann Arbor DECIMAL POINT.” John Lichtenberg, CMO, Walsh College BRANDING THAT HITS. Perich Ad_VCA.indd 1 4/9/12 11:44 AM TABLE OF CONTENTS Executive Summary ...................................................................................3 Michigan Venture Capital Association................................................4 National and Midwest Venture Capital ..............................................6 Michigan Venture Capital Summary ................................................. 12 Michigan’s Successful Exits .................................................................. 30 Angel and Pre-Seed Summary ............................................................. 34 MVCA Activities .........................................................................................40 Michigan Venture Capital and Angel Network Directory ............................................................. 42 Photography by Leisa Thompson and Jeff Borisen. Helping entrepreneurs build great companies in the software, digital media, education technology and health information technology markets Michigan Office: 130 S. First Street, Suite 201 $250 MILLION IN CAPITAL Ann Arbor, MI 48104 UNDER MANAGEMENT PH: (734) 663-6500 www.mkcapital.com
    [Show full text]
  • Venture Capital Investing Conference June 3-5, 2009 the Palace Hotel • San Francisco, CA
    Updated: May 7, 2009 Alexandra Scott Christina Riboldi Chief Executive Officer Executive Vice President IBF Conferences, Inc. IBF Conferences, Inc. Inter International Business Forum International Business Forum Tel: (516) 765-9005 x 300 Tel: (516) 765-9005 x 180 Email: [email protected] Email: [email protected] 20th Annual Venture Capital Investing Conference June 3-5, 2009 The Palace Hotel • San Francisco, CA For 20 years, this conference has served as the premier industry gathering for over 400 venture capitalists and limited partners. Advisory Board Chairman: Conference Chairmen: Gary Morgenthaler Dixon Doll Navin Chaddha General Partner General Partner & Co-Founder Managing Director Morgenthaler Ventures DCM Mayfield Fund 1 Founding Advisory Board Members include: Richard Kramlich, Co-Founder & General Partner, New Enterprise Associates; Jim Swartz, General Partner, Accel; Brook Byers, General Partner, Kleiner Perkins Caufield & Byers; Irwin Federman, General Partner, U.S. Venture Partners; Paul Denning, Founder & CEO, Denning & Co.; Sandford Robertson, General Partner, Francisco Partners; Paul Denning, Founding Partner, Denning and Company; Alan Patricof, General Partner, Greycroft Partners 2009 Advisory Board Members: ; Lip-Bu Tan, Chairman, Walden International; Todd Chaffee, General Partner, Institutional Venture Partners; Ajit Nazre, General Partner, Kleiner Perkins Caufield & Byers; Bob Grady, Managing Director, The Carlyle Group; Susan Mason, General Partner, Onset Ventures; Navin Chaddha, Managing Director,
    [Show full text]
  • CB-Insights Healthcare-Report-Q3
    In The Shadow Of Covid-19: Consumer InvestmentState Of Healthcare & Sector Q3’20 Trends Report: SectorTo Watch And Investment Trends To Watch 1 WHAT IS CB INSIGHTS? CB Insights helps the world’s leading companies make smarter technology decisions with data, not opinion. Our Technology Insights Platform provides companies with comprehensive data, expert insights and work management tools to drive growth and improve operations with technology. SIGN UP FOR A FREE TRIAL 2 With CB Insights, Froedtert Health is able to move quickly when assessing the market or evaluating potential partners. We can then dive deeper into a certain topic and collaborate across our organization all within one platform. Mike Anderes Chief Innovation and Digital Officer, Froedtert Health 3 8,000+ companies. 150 winners. 1 list. Digital Health 150 is here! Join Healthcare Managing Analyst, Ja Lee, for a behind the scenes tour of the list's development and trends it highlights. October 20th at 2pm EDT SIGN UP HERE FOR THE WEBINAR 1 The CBI Community DISCOUNTED TICKETS TO OUR UPCOMING OUR VIRTUAL EVENTS VIRTUAL EVENTS 4 Our Most Popular Client-Exclusive Research Digital Therapeutics: The $9B Market Redefining Disease Prevention, Management, & Treatment 9 Startups That Are Tackling Healthcare Interoperability Healthcare Anywhere: 120+ Telehealth Startups Transforming Patient Care 12 Startups Using Telehealth To Fill Gaps In Pandemic Care 9 Direct-To-Consumer Telehealth Startups To Watch Inside Google’s Ambitions To Become The Go-To Vendor For Healthcare IT 10 Startups
    [Show full text]
  • The-Business-Of-Venture-Capital-1
    The Business of Venture Capital By Jeff Weinstein November 5th, 2020 What is Venture Capital? • A subset of private equity (investing in private companies for a piece of ownership) financing. • Typically (but not exclusively) focused on early-stage high risk, young technology companies since those companies often have the highest growth potential. • Unlike PE, typically take minority stakes in companies and do not exert control. • Many of the most important companies in the U.S. (and virtually all its important tech companies) were venture-funded. History of Venture Capital • Business model began with whaling in the mid 1800s. • Unpredictable, high-risk, high-reward venture. • Returns follow a power-law distribution. Most ships would lose money, but a few were VERY profitable, making it a profitable endeavor on the whole. • Investors would collect large pots of money and diversify across multiple whaling ships to generate massive returns. • Average whaling vessel spent 3 years at sea! • Captains would be compensated by keeping a percentage of the profits. Origin of carried interest! Modern VC Structure • VCs are managed by General Partners “GPs”. • GPs typically put in 2% of the total fund as GP commit. • Typical VC fund charges “2 and 20” : 2% per year Management Fee, 20% Carried Interest • 10 year lockup + options for two 1 year extensions • 3-5 year investment period (sometimes higher fees up front that lower during “harvest period” • Capital is committed in entirety but only “called” in small tranches over first 3-5 years • Both carried interest and partnership gains are taxed as long-term capital gains (lower than ordinary incomes) History of Venture Capital • First VC “fund” in 1946 with ARD (American Research and Development) Corporation and J.H.
    [Show full text]