Doug Hickey, Partner
HUMMER WINBLAD VENTURE PARTNERS
"Mark has brought us several interesting deals. He's always open, honest, and easy to work with when evaluating these opportunities..."
Doug Barry, Partner
SELBY VENTURES
Whoever has the gold makes the rules... THE GOLDEN RULE
FUNDING
Entrepreneurs and early management teams often miscalculate their funding requirements, total capital needed, and timing of capital infusion. Errors result in:
- Loss of momentum or scaled-back operations
- Unfavorable ownership and valuation terms
- Management repeatedly raising capital and not running the daily business
Specifically understanding capital requirements is not a black art - it’s a process. Determining potential sources of capital requires matching a company’s needs against all available sources. Today’s capital markets look for business plans detailing the timing and amounts of: operational and capital expenses, revenue and cash flow projections resulting in an accumulative view of total capital requirements.
Prevail assists clients converting detailed business plans into needed capital
MONEY
IS NOT JUST MONEY
Once
capital requirements are well
understood, a detailed list of appropriate funding sources (venture,
strategic, or angel) can be developed. Prevail helps companies
determine which sources provide the target profile for:
- Sector specific expertise
- Stage and amount of funding
- Geographic proximity
- Philosophy and approach
- Syndicate partners
- Access to industry heavyweights - distribution partners, etc.
- Level of participation
INCREASING
CHANCES OF SUCCESS
The funding process is a targeted, intense
sales effort. Entrepreneurs need to be prepared for a potentially
exhaustive campaign. The experience, and prospects for funding, can be
greatly enhanced by being fully prepared. Prevail assists its clients
by:
-Understanding the investment criteria for each potential investor
- Developing a complete due diligence package
- Analyzing comparable investment and exits
- Reviewing current and expected ownership structure
- Managing the funding process
- Negotiating fair and favorable terms
Prevail has the experience to fully manage the financing of your venture.