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If, after a couple of meetings, PVP is interested in pursuing a project
further, it will present a summary proposal outlining the key investment
terms under which PVP would consider investing, subject to intensive due
diligence. If the company agrees that these terms are acceptable, PVP
will proceed with due diligence. PVP will present this summary proposal
early in the process, compared to many other professional investors, in
order to help ensure that mutually satisfactory investment terms can be
reached prior to both parties investing time and other resources in due
diligence.
Intensive due diligence includes investigations of all dimensions of the
business (markets, technology, competitors, economics, etc.), a careful
review of the financial and legal condition of the company, and reference
checks on the individuals involved.
When PVP is actively interested in pursuing a project, it may introduce
the management team to angel investors or institutional investors viewed
by PVP as good co-investors. In the final stage, PVP arranges for the
legal documentation to be drafted.
After making an investment, PVP will generally be an active director of
the company, attracting other resources and providing counsel to help
foster the company's success.
As a companys venture capital partner, we see ourselves supporting
and working with entrepreneurs to build emerging companies. Our intent
is to provide more than just capital but to exert ourselves to assist
the companies we support along the trail to success.
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