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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Transparency Builds Trust
Transparency. Our final core belief is “transparency builds trust”. Among private equity partners, this is often encapsulated in phrases like “no surprises” or “give…
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5 Reasons To Invest In Your Community
The first time I asked my wife out was at a coffee shop on a corner street. It was a significant moment for us,…
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The Wall Street – Main Street Disconnect
The Dow Jones surged over 20% between March 23 and March 26 with the financial markets betting on the imminent (and unprecedented) stimulus package.…
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Explaining the Form C
What is it? The Form C is the required SEC filing for any company looking to raise capital through Regulation CF. It needs to…
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Leading in Trust, Underdog in Finance
“Now I am going to read you a list of institutions in American society. Please tell me how much confidence you, yourself, have in…
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On Local Stimulus and You
Main Street is reeling and the pressure on small and medium-sized businesses (“SMBs”) is not going to let up anytime soon. One study has…
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Investing Through Reg CF
Just recently, over 95% of the population gained a new way to invest in the small and mid-sized businesses that make up over half…
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Atlas Organics Grand Opening in the News
Many congratulations to Atlas Organics for the success of its grand opening. We are pleased to be part of an entrepreneurial team that has…
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Atlas Organics: Twin Chimneys Site Grand Opening
We are thrilled to announce that VentureSouth portfolio company, Atlas Organics, will be holding a grand opening event at Twin Chimneys Landfill, located at…
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Tracking Angel Returns – piling in?
In a follow up to this post, we need to explain why the 22% annualized rate of return for angels in groups is possible…
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Tracking Angel Returns – data biases?
IRRs of 20%+ sound unlikely. If angels were really doing that, wouldn’t they have followed hedge fund managers to Puerto Rico or the Caymans?…
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Tracking Angels Returns – the right benchmark
Continue the “tracking angel returns” series… Another objection might be that the S&P 500’s performance over the last 15 years is not the appropriate…
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Tracking Angel Returns – inflation, taxes, and fees
Last week’s UBJ article tried to cover a complex subject – investment returns for angel investing compared to other uses of capital – in…
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Tracking Angel Returns – the data
I had the pleasure of writing Matt’s regular Upstate Business Journal article this month. You can see the glossy original here. We’ve reproduced it…
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2015 angel investing – UNH CVR data
The University of New Hampshire’s Center for Venture Research published its 2015 report on angel investment activity today. You can see the press release…
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Due diligence scoring – cash flow evaluation
If you’re still with me, these posts were prompted by a member’s question about cash flow. The company we had been working on scored…
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Due diligence scoring – competition
If you read my last post about diligence data, you might remember that “competition” was a surprisingly large determinant of whether SCAN members choose…
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Due diligence scoring – what criteria are important to SCAN members?
What are the key factors that SCAN members consider when deciding to invest or not? In our April CSR Angels meeting, a member asked…
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Zipit’s progress
Congratulations to Zipit, a portfolio company of SCAN and the Palmetto Angel Fund, on the two partnerships it has announced publicly in March. Today…