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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Profits, and Losses, and EBITDA…oh my!
One of the main financial statements you can use to analyze a business is the Profit and Loss statement (aka the income statement, the…
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“Going local” is more than buying a cup of coffee
I’m the type who turns buying apples into an arduous process. I’ll skeptically compare the fifty-cent difference between apples, assuming the proper scrutiny stance:…
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Investor Insights: Prophets and Pro Formas
Before we talk about the future, let’s mention a bit about the past. Business owners, sales leaders, finance executives and other stakeholders are all…
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The Who Economy
I’ll never forget pitching two angel investors with my first fully thought-out business plan. I’ve always been a dreamer, a creator, and an aspiring…
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Investor Insights: Debt vs. Equity Investments
First, the disclaimer: If you can’t afford to lose 100% of your investment, then you shouldn’t invest – hard stop. Now the TLDR: When…
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I Invested Local with Reg CF! Now what?
Two weeks ago, we discussed some reasons to invest local via the JOBS Act and Reg CF. Last week, we answered how to invest…
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Investor Insights: Robinhood & Vicinity
If we’re talking about new and innovative ways to invest, we have to talk about Robinhood. Robinhood has become synonymous with the democratization of…
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How do I invest in small businesses?
Let’s be honest for a moment. When we eat out, 99% of us (disclaimer: fake stat we made up) don’t go beyond leaving a…
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Investor Insights: Investor Accreditation
So, what’s an accredited investor anyway? Are you one? Does it matter? As to the first question, it’s pretty simple. An accredited investor is…
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Reasons to Invest Local with Regulation Crowdfunding
If you’ve read our stuff before, you know Regulation Crowdfunding provides a new-to-you business investment opportunity. An avenue to invest local that has been…
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Time Travel, Reg CF, And The Justice League
When you hear the term “crowdfunding for small business,” it might sound like a recent phenomenon. But put aside Reg CF and tech startups…
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How can I increase cash flow as a small business?
Spreadsheets, bookkeeping, cash flows, balance sheets, financial statements…it’s tough to manage your finances as a small business. You may be a passionate owner with…
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VentureSouth 2017 Summit – why?
Having finished our October angel group meetings and all our kids’ Halloween candy, we are preparing hard for our final group meeting of the…
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VentureSouth August Newsletter
We’re proud of the connections being made and the work being done between angel investors and early stage companies in the VentureSouth portfolio. Our…
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Welcoming Erin Ouzts as leader of VentureSouth Spartanburg
We are very pleased that Erin Ouzts is joining the VentureSouth Spartanburg team as local leader of the group. Below is more on the…
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Upstate Business Journal articles in July
In case you missed it, here are the five things that Matt Dunbar looks for in a startup – thanks to the Upstate Business…
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Announcing VentureSouth Piedmont
We are very excited to be working with Matt Bailey and Malay Shah on the development of VentureSouth Piedmont. Below is the announcement sent…
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Why we don’t sign NDAs
Approximately once a week we’ll be asked something along the lines of: “Could I also ask if you would be willing to signed an…
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Back to basics: valuations – how do you work it out?
Now you know what a valuation is, how do you figure out what your valuation is? The short answer to this question is simply…
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Back to basics: pre- vs. post- complications
Four, more complexity between “pre-money” and “post-money” Imagine a company that has previously raised a $100,000 convertible note whose terms require it to convert…
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Back to basics: pre- vs. post-money valuation
Third, the “pre-money” vs. “post-money” confusion Angels speaking in terms of “pre-money valuations” can lead to some confusion. Entrepreneurs often think in terms of…
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Back to basics: pre-money valuation
Second, what is “pre-money valuation”? Angels talk about “pre-money valuation.” This simply means the valuation (that we talked about last time) before this round…
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Back to basics: what is valuation?
Continuing our “back to basics” snippets (like here on the types of angel groups), we are going to have a few posts about the…
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Other myths
Here are a couple more misconceptions and myths. I don’t have time to be an angel investor. False. Members of our group attend a…