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To be the portal to relationships and resources for high tech and high growth ventures
VENTURE POINT’sM I S S I O N
...leading to their success and wealth creation.
VENTURE POINTT E C H C O A S T S B D C
Capital Raising Environment
Venture Point
VENTURE POINTT E C H C O A S T S B D C
Today’s Capital Market is Difficult• First time more capital has been returned to institutional investors than actually invested.
• Looking for better deals, stronger deals, later stage deals. The traditional VC is back.
• IPO Market is dead for the next few years, M&A will be the route to liquidity.
• Biotech is warm, Internet deals are icy
• Bright spot… Investors understand that it will be a more reasonable time between investment and cashing out
VENTURE POINTT E C H C O A S T S B D C
Angel Capital• Typically local individuals or groups• Investments range from $100K to $1,000 K and average around $600K• Look for 10x to 15x return• Tech Coast Angels/SV Band of Angels
Venture Capital• $5 million and up• Institutional funds• Look for 5x to 10x return• Innocal, Versant, Domain, Mission
VENTURE POINTT E C H C O A S T S B D C
Grant Money
• Federal Government has multiple programs• SIR, STTR, ATP
•Multiple Agencies within the “alphabet soup” of agencies:
•DoD•NIH•NIST•NASA•VA
VENTURE POINTT E C H C O A S T S B D C
What are Investors Looking For?
•Enduring, Wealth Generating Companies
•Management
•Large Market Opportunity
•Pain Killers, Not Vitamins
•Unfair Advantage
•Ability to Rapidly Achieve Scale
•Clear and Rapid Path to Liquidity
VENTURE POINTT E C H C O A S T S B D C
The Importance of a Business Plan•A document declaring the opportunities for your company and your intentions (strategies and tactics) for capitalizing on those opportunities
•NOT a product or Technology Plan
•NOT a Marketing Brochure
•Realistic Assessment
•A Work in Process
VENTURE POINTT E C H C O A S T S B D C
Why Develop One?• To Raise Capital / Develop Alliances
• Provide guidance for next 3-5 years - emphasize opportunity and strategy
Results of having a good plan• Better decisions• Better results• Higher valuation
VENTURE POINTT E C H C O A S T S B D C
Who is Venture Point?•Staff
•Adjunct Coaches
•Network of Service Providers
•Volunteers
Leveraging small dollars for large impact!
U.S. Small Business Administration
CA State Trade & Commerce Agency
Major SponsorsMajor Sponsors
VENTURE POINTT E C H C O A S T S B D C
Impact can be dramatic… Our clients have• Raised almost $80 million
•Created almost 500 new jobs
•Succeeded where others have not
VENTURE POINTT E C H C O A S T S B D C
Consulting Services• Coaching/Mentoring Model
• No Cost, Safe Harbor
• Mutual selection process, you select us, we select you
Workshops & Classes• Wide variety of topics – finance, corporate governance, biz plan and grant writing, managing growth, IP protection, and more
• No requirement to be a coaching client
VENTURE POINTT E C H C O A S T S B D C
