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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Venture Capital Management Fees: The One Blog Version!
What do VC funds actually charge in management fees, and who cares? The hypothesis: The VentureSouth view: Venture capital funds and other similar funds…
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Venture Capital management fees: a wrap up
To wrap up this series in a few bullet points. Good luck making money, having fun, and doing good – and reducing your total…
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Venture Capital management fees: how can investors use all this information?
How do I use this information? New people invest in venture capital and angel funds all the time, and it’s hard to know what’s…
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Venture Capital management fees: VentureSouth vs. unscrupulous fund managers
So then how have you dealt with the issues with the step-down approach you covered? Another fair question. To take each of them in…
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Venture Capital management fees: VentureSouth’s practices
What would VentureSouth do? A fair follow-up question on these posts on venture capital fund management fees is: so what does VentureSouth do? You…
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Venture Capital management fees: problems with the step-down approach
The step-down approach is, in our opinion, the most appropriate management fee base. However, it is not perfect. If you are thinking in detail,…
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Venture Capital management fees: how much does it matter?
How big a difference does the “management fee base” make? Obviously the best analysis of this question would look at results: do funds with…
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Venture Capital management fees: who cares?
Why does the “management fee base” issue even matter? In the grand scheme of Life, the Universe and Everything, it doesn’t really matter how…
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Venture Capital management fees: other ideas?
Perhaps there are also more nuances to add here? Maybe: It remains surprising that these issues are so opaque, the terminology so confused, and…
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Venture Capital management fees: the verdict
Who do we think is right? After considering this new evidence, I’m willing to concede that VentureSouth’s view was wrong and the step-down approach…
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Venture Capital management fees: the evidence
The evidence Before I dived back into research, I thought the evidence would overwhelmingly support the “VentureSouth view.” My evidence included: But as I…
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What do Venture Capital funds actually charge in management fees, and who cares?
For our October series of posts, we have been investigating what venture capital funds actually charge in management fees. We hope you’ll learn something…