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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Turning Passion into Profit
We’re not saying this blog will cure your post-Olympic blues, but we do have something golden for you. This week we chatted with Alek…
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You’re Special… Sort of.
“You’re special, just like everyone else.” Unfortunately, this is as true in business as anywhere. Specialize or die – in a world of investing…
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A Twist on Buffett’s Advice
Today we’re taking a new look at one of Warren Buffett’s most quoted lines: “Never invest in a business you cannot understand.” While we…
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Is Real Estate Really “Location, Location, Location”?
At the end of 2020 Chapel ran a successful campaign on Vicinity’s portal to fund a multi-tenant facility in the Poe Mill area. For…
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What Robinhood got wrong (& right) in their Super Bowl commercial
I was about ready to let the whole Robinhood/Gamestop wildness go… and then I saw the commercial. You’ve probably seen it by now –…
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Doubling-down on Democratization
While trust in the gamified giant has become as volatile as a short squeeze on an outdated retail chain, now might be a good…
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What’s the difference between microinvesting and crowdfunding?
While crowdfunding serves a purpose, there are some glaring differences between it and investment crowdfunding, also known as microinvesting.
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An Alternative to Fighting Manipulation with Manipulation
There’s a good chance you’ll come across a BFF or “soul sister” at some point in life, but you’ll have better luck finding good…
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What have you assumed?
Assumptions are all those little (and BIG) things we expect to be true in the future around our business, its market, or the customers…
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5 Questions for the Capital Seeker
There comes a point in nearly every business’s life when getting funding is a necessity. At this fateful moment, there may also be a…
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4 Investor Insights from 4 Years of Reg CF
Four years old… this is the age you can expect recognition of shapes and colors, and a love for rhyming words. Also for some…
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Double Duty Diversified Income
It’s trivia time at Vicinity! Which of the following headlines from the past year are real? Aliens in hiding until mankind is ready, says…
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Four myths of angel investing
Thanks to the Upstate Business Journal for letting me discuss some of the myths about angel investing this week. The best way to “bust…
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Executing Exits – feedback and thanks
Bill Payne’s Executing Exits workshop last Wednesday was a big success. Over 130 people – members and guests to this workshop – came to…
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Executing Exits – “our” exits
We are bringing this Executing Exits workshop to the Carolinas for the first time because exits are so integral to angel investing, and so…
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Executing Exits – who should come?
After the first post about exits, a few people asked who should attend the Executing Exits workshop next week. Essentially, everyone: Investors · An…
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Executing Exits – the key ingredients to successful company sales
Angel investors rely on “exits” – essentially someone buying the company in which they have invested (in a liquidation event) – to make money.…
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Back to basics: liquidation preferences pop quiz
Give you answers to the nearest whole dollar. Assumptions: I invested $500,000 to own 1/6th of a company. The company is sold after three…
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Back to basics: liquidation “participation”
What is “participation”? One last complication about liquidation preferences. A liquidation preference may, or may not, be “participating.” What does this mean? If the…
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Back to basics: what is a typical liquidation preference?
The next question is “how much preference” do preferred equity shareholders usually get? The basic answer is “a one x liquidation preference” – or…
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Back to basics: what is a liquidation event?
On the previous post, we said the “preference” is relevant at a “liquidation event.” What does that mean? A liquidation event covers various scenarios…
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Back to basics: what is preferred equity?
What is preferred equity? Angels invest in “convertible preferred equity” rounds. What does this mean? 1) Equity: equity simply means a share in the…
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Back to basics: what is a convertible note?
Back to basics series One of the beauties of angel groups is that they bring together people from all different backgrounds – business-people (from…
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VentureSouth announces its fall 2016 educational events calendar
We look forward to seeing you at some of the educational events coming this year. VentureSouth Announces Fall Education Events Greenville, S.C. – VentureSouth,…