Vicinity Views
News, education and insights on investing in public offerings through the Vicinity platform and private early-stage offerings with VentureSouth.
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Tips for reviewing the campaign page
Just in case you’re new to all this, (“this” meaning dropping angel investments like a boss) we thought we’d give a few tips on…
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How Small Business Raise Campaigns Work
Growing up, I always enjoyed reading Calvin and Hobbes, a comic series by Bill Watterson. There were comic strips where Calvin would ask his…
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How to raise money for your non-sexy business
Asking someone for money is rarely fun and almost never easy. But if you’re trying to grow your business then you’ll almost always reach…
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How to tell an investing expert from a non-expert
Investing can be complex. Building a smart investment strategy and risk management discipline takes work. But an investor is only deemed an expert based…
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Social Capital – What is it and why should you care?
Around here, we often say Vicinity is where financial capital meets social capital. Well, if you say something often enough, you should probably stop…
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An Adrenaline Junkie’s Guide To Analyzing Risk
Welcome to an adrenaline junkie’s guide to analyzing risk. I wouldn’t blame you if you closed your laptop immediately and walked away. But thanks…
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What do Angel investors look for in small businesses?
Angel investor. Probably the coolest title in the investing world. This moniker belongs to high net worth individuals who financially back a business, usually…
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Nomads Can’t Grow Gardens
It’s no secret. Whether we’re talking attention spans or investing strategies, we live in an age of short-sightedne… oh look! Bitcoin! Everybody wants to…
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![Crowdfunding with Covid [Regulatory Update]](https://vicinityventures.co/wp-content/uploads/2020/09/regulatory-update-scaled.jpg)
Crowdfunding with Covid [Regulatory Update]
The investment crowdfunding industry is not losing any steam even during…well, you know… the feverish elephant in the room with a dry cough. Though…
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Unicorns & Workhorses
Did you know that drinking from the horn of a unicorn might protect you from stomach trouble, epilepsy, or poison? This mythological horned horse/goat…
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ICP, USP, and PMF: Business Acronyms for Investors
Business acronyms can frustrate new investors. Vicinity is here to help. Read this article and discover the power of ICP, USP, and PMF.
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A Modern Day Braveheart Has 5 Reasons To Buy Local
There’s nothing like the Upstate highlands. A green canopy of trees covers the Appalachian slopes like a blanket over the body of an old…
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Exits: Taxes
So, finally! Our preferred shareholder has a distribution. Less than expected by the naïve optimists hearing the headline price, but still it’s nice to…
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Exits: The Last Complications
The pie is so close you can almost taste it. But wait a second! Escrow accounts In most transactions, the buyer will insist that…
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Exits: Dividing the Pie
As we’re close to the bottom of the waterfall, we are now including a third metaphor as we figure out how to “divide the…
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Exits: The First Evaporations
There are a few immediate claims on the water heading into the waterfall; some of these are fairly obvious, others are more complicated or…
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Exits: Waterfalls
Nothing happens in investing without flowery metaphors. When we discuss “exits” we are talking about getting our money back out of an investment. This…
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Exits: waterfalls, holdbacks, escrows, earnouts, and carry – some of the complexities of “an exit”
“Make Money. Have Fun. Do Good.” is the VentureSouth motto. This first part, Make Money, is (we believe) the key point of angel investing…
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Capped participating preferreds: the real impact 2: the grey zone
Following from the last post, there was a range of fairly attractive outcomes where the capped participation had an impact: let’s review the results…
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Capped participation preferreds: the real impact part 1
What does the capped participation preference mean in practice? Time for the promised spreadsheet: this sheet lays out the returns for preferred shareholders in…
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Capped participating preferreds: Are they unusual?
As we asked in the last post, are capped participating preferreds unusual? Well, it is option #3 in the term sheet – people generally…
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Capped participating preferreds: source infomation
Following on from the last post, before we unleash the spreadsheet, though, let’s cover where the idea of capped participating preferreds comes from. The…
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Capped participating preferreds: introduction
On a few VentureSouth investments this fall, we led the round (as we like to do) and agreed a term sheet that included a…
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Non-dilutive funding: wrap up
There are lots of other resources for exploring non-dilutive funding. While this is a bit outside of our remit at VentureSouth, we strongly encourage…