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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Burn Baby Burn
Not to start out the insight on a down note, (or a bang?) but I want to emphasize the critical importance in business of…
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The SMB’s Survival Guide For The End Of The World
70% of small businesses are worried about financial hardship because of prolonged closures and 58% worry about permanently closing. Raising capital is the #1…
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Location Location Location
As promised last week, we’re coming back to visit the success metric of profit margin. Profit margin is a very common ratio used to…
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Profit Margin
As promised last week, we’re coming back to visit the success metric of profit margin. Profit margin is a very common ratio used to…
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What the Barefoot Prophet of WeWork Missed About the Power of “We”
Imagine, for a second, an ultra-successful CEO who walks around barefoot and preaches on the “power of we.” Are we talking about a cult…
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Just Ask
Instead of worrying about your intellectual status, adopt the approach of asking a lot of questions. And while the only dumb question might be…
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What I learned from Oprah & Baker Mayfield About Building a Legacy
What do you think when you hear the word legacy? Your children, your business, Legacy Federal Credit Union? It’s ok, me too. “Legacy” gets…
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The Commonalities Between Squirrels and Investors
Here in the Upstate, tis the season for countless Eastern Gray Squirrels to busily bury, unbury, rebury and even lose track of diligently harvested…
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The Different Types of Reg CF Offerings Explained
Looking to learn more about Regulation Crowdfunding? Read this article and discover some of the most popular reg cf offerings.
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How Community Involvement Changes Your Life
Have you ever seen a group of young men singing Disney songs while swinging a sledgehammer at a cement parking lot? It’s quite a…
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The Move to Microinvesting
Apps like Acorns have brought the phrase “micro investing” on the scene with their approach of rounding up to the next dollar whenever you…
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Top 3 Ways to Promote your Crowdfunding campaign
So you did it! You launched an investment crowdfunding campaign and you’re going all-in on a local legion of microinvestors and brand ambassadors. Now…
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Myth #8: There aren’t enough unicorns in the southeast
This “myth” is true – there aren’t many unicorns in the south east, and none in the Carolinas. There are also virtually no IPOs…
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Myth #7: It takes too long to reach exits
This is too often, unfortunately, true. Startup companies take a long time to mature into middle market businesses that large companies are interested in…
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Myth #6: It costs too much to be an investor
Finding deals yourself; conducting your own diligence; negotiating a deal; paying attorneys to create a suite of transaction documents; paying accountants for tax returns…
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Myth #5: Angel investing is for philanthropy or fun, not making money
Angel investing is about making money. VentureSouth itself is a private business (a SC LLC), not a government entity and not funded with public…
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Myth #4: You need to be an expert
Nope. Most people (nearly two-thirds) that join VentureSouth tell us that they are becoming angel investors for the first time. This is not deliberate:…
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Myth #3: It takes a long time to build a portfolio
It simply does not take a long time to build a portfolio of angel investments. When we published the first article, there were 13…
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Myth #2: You need to invest a lot of money
Following the math in the original article, you can create a portfolio of investments as a VentureSouth member for $50,000 (10x $5,000 investments) to…
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Myth #1: Not many people can be angel investors
Anyone can invest in early stage companies. (You can invest as an “unaccredited investor” in certain situations or platforms, subject to limits on how…
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Myths of Angel Investing: This Month’s Posts
In my last two Upstate Business Journal articles (here and here), I’ve tried to debunk a few myths and clear up a few misconceptions…
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What To Do With An Idea
I read children’s books every day – admittedly, not always for pleasure, but definitely by choice. My wife and I have a bunch of…
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Baebies receives FDA approval
Congratulations to Baebies for announcing it received clearance from the FDA for its SEEKER platform – the first Lysosomal Storage Disease newborn screening platform.…
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Matt’s Upstate Business Journal column – Creating the Future
Enjoy Matt’s UBJ column from this week’s issue here – Since you can’t predict the future, you should try to create it.