VCJ Venture Contrary Guest Column
592 Views

Contrarian investing in venture capital today

By Paul Asel, NGP Capital These are heady times. Every day it seems a new unicorn is created. New vocabulary – unicorn, minicorn, decacorn, mega round, super mega round – is now common in venture parlance to describe the current investment frenzy of large rounds at high valuations. While surely it is a great time […]

Catalyst Investors, Tyler Newton, bias, discrimination, equality, private equity, venture capital
681 Views

Gender equity: PE can do a lot better

By Tyler Newton, Catalyst Investors  No one these days needs statistics to show that private equity and venture capital are too male-dominated. But here they are, from Bella Private Markets, showing that females control only 3.4% of the assets in PE. Go to investment-firm websites and see how many women are on the investment teams. That’s […]

VCJ Venture Guest Column
607 Views

The next Theranos is when, not if

By David Siegel, Grellas Shah As a lawyer representing early-stage companies, it is common for me to receive an email from a client with an executed $100,000 note or SAFE of which I had no knowledge. But with the rise in unicorns and competition among investors, what frightens me is seeing multi-million dollar investments come […]

468 Views

The hidden IT issues that can hurt a PE deal thesis and RoI

By Chris Steele, Saggezza Skydivers and police officers know their daily jobs come with inherent risks. Likewise, private equity firms know that any given deal thesis might not realize the expected return on investment, even after meticulous due diligence. But some risks, particularly in IT, can be spotted and addressed pre-deal signing. Unaddressed, these four […]

technology, private equity, merger, m&a
521 Views

Making money when every deal is a tech deal: Part IV: The risk of process over results

By Scott B. Meyer, Glenview James Due diligence today requires a deep understanding of digital transformation. In this series, so far we’ve looked at the impact of buzzwords; claims of immunity; and the digital transformation conundrum. In this final installment we’ll examine the importance of a company’s actual process for digital product development. Changing a […]

Private equity, technology, consulting, Accordion, Nick Leopard, Jon Apter
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Welcome to Private Techquity: PE’s inexorable adoption of tech at every level

By Nick Leopard and Jon Apter, Accordion A number of private equity firms have retained a “Barbarians at the Gate” fondness for the pre-digital era. Now, the sector’s awakening to automation, systemization and machine collaboration. Welcome to Private Techquity, the beating heart of efficiency. We’re not there just yet. Technology has not yet been woven […]

MHT Partners, healthcare, private equity, hospitals, physicians, merger, M&A
714 Views

Investing in the continuum of care can be a win-win for patients and hospitals

By Patrick Krause, MHT Partners In an ideal world, a patient’s journey through a hospital system would be seamlessly managed to provide a holistic evaluation and treatment of his or her medical needs. The reality is that patients rarely experience an integrated-care approach from admission to discharge and follow-up care. Across this so-called continuum of […]

Atlas Holdings, Tim Fazio, private equity
5653 Views

Changing the perception of private equity

By Tim Fazio, Atlas Holdings The public perceives private equity along a storyline like this: A PE firm buys a business, lades it with unsustainable amounts of debt from undisciplined lenders, and strips out cash to pay itself and its partners a large dividend. Eventually, the business goes bankrupt, leaving behind fractured communities and thousands […]

VCJ Venture Guest Column
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Ripple’s bid to disrupt the payments sector

By Alejandro Ortiz, SharesPost Founded by Chris Larsen and Jed McCaleb in 2012, Ripple is the one of the first companies to successfully provide a practical application of the blockchain technology. Through RippleNet, its payments platform that runs on a blockchain, the company provides a seamless way to send money overseas regardless of location or […]

private equity, stocks
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Private multiples are ascendant. Is this the new normal?

By Hugh MacArthur, Bain & Co Valuation multiples move up and down. Yet for the past 30 years, the average multiple of Ebitda paid for public assets has almost always topped that paid for private assets. In fact, during only three periods historically did private multiples generally exceed the public average: during the “Barbarians at […]

private equity, marketing, branding, CompleteSpectrum, Matt Stein
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The do’s and don’ts of executing a rebrand

By Matt Stein, CompleteSpectrum From aligning brand messaging during a merger or acquisition to embracing new market opportunities, a PE fund might have a number of reasons to rebrand a portfolio company. Regardless of the motivation, you must consider how others have fared when executing a rebrand and think about what will work best for […]

VCJ Venture
347 Views

International startups can speed the growth of entrepreneurial ecosystems

By Matthew McCooe, Connecticut Innovations Hypergrowth startups are essential for a community’s transformation to an innovation hub. Getting the companies up and running, however, can be a painfully slow process. Waiting for new companies to emerge from a garage or a university is the traditional way to grow the innovation landscape. Given that the U.S. […]

technology, private equity, merger, m&a
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Making money when every deal is a tech deal: managing the buzzword blizzard

By Scott B. Meyer, Glenview James LLC Time was we had tech deals and non-tech deals. But the world has changed, and today, as Kewsong Lee of Carlyle Group puts it, “every deal is a tech deal.” Even old-school industries are confronting digital transformation. This change has particularly hit home in private equity. Due diligence is the […]

KinderCare, Tom Wyatt, Toys `R' Us, children, day care, retail, private equity
3859 Views

Two sides of the private equity coin

By Tom Wyatt, KinderCare News reports lamenting the loss of Toys ‘R’ Us this holiday have brought the debate over the perils of private equity top of mind. For us at KinderCare, the demise of the former retail giant stands in stark contrast to our story with PE. While there are similarities between the two […]