As mentioned in Issue 2, this past week I and my partner in our startup ventured (no pun intended) to New York City to network with Venture Capitalists at an exclusive panel discussion in which money fund / trust asset managers shared their views to VCs and private equity managers on what asset allocation strategies and other objectives the capital investors have in determining what VCs they decide to invest. I think I got that right.
From a networking perspective, we were and are grateful to our hosts who invited us. We did make one or two contacts in the crowd and met a couple other startup. Many of the VCs were more open to late round funding or in being on the buy side. Oh well.
My other observation was that, just like wireless carriers and vendors look for products to fill the pipeline for specific apps and sectors, so do capital management and private equity players also look to invest in different sectors to satisfy specific diversification goals and quotas. For the carrier, for example, there's a need to invest in, and fill the pipeline from, the latest sectors, like broadband, social networking and location-based services. Similarly, the capital asset investors on the buy side look to make sure that the VCs and PEs they invest in are filling their pipelines in diverse industry sectors per their own risk objectives.
Originally posted in:
************************************************
EK Telecom Analysis Newsletter, Issue 3, February 9, 2008
Copyright 2008 by Edward Ketchoyian
Some Rights Reserved by Creative Commons License
******green-t@mindspring.com -- 571-233-2909 ********
************************************************
Recent Comments