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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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…