at 201 West Main St , 27701
Bull City Venture Partners is a venture capital firm investing $250k to $2 million in Software, E-Commerce, Healthcare IT, Mobile and Internet Businesses.
Our firm operates on five core beliefs: 1. Founders build great companies, not the VCs. But we want to play a supporting role. We do that through introductions to customers, partners, potential acquirers, new potential employees and we get super active securing the next round of funding. 2. High partner-to-company ratios. Each fund is limited to 10-15 companies, which is less than many VC funds. We want to shower our companies with attention. Limiting the number of companies we invest in per fund and the number of board seats we take, helps us be the most impactful. 3. Great companies are not built overnight. It took Microsoft 8 years to get to $50 million in revenue. It took Oracle 10 years. It took Red Hat 9 years. We are patient investors looking to build long term sustainable businesses. We are not in it for the "quick flip". We invest in great companies for the duration. 4. Hustle alongside the entrepreneurs. The very best entrepreneurs have a lot of options and can get capital from anyone. So we realize it often comes down to what we can bring outside of just our check. 5. Strong alignment with the founders and investors. As a small fund, we're not getting rich on fees. We feel we are nicely aligned with the entrepreneurs. When they win, we do too.
Friends, We want to send an email to our closest friends and thank you for a successful 2014. As you might remember, in June, we announced the closing of BCVP III, oversubscribed at $26m. We feel incredibly lucky to have reached this milestone and we know it wouldn't have been possible without your support. You can find more details here: www.goo.gl/E1H0gJ Recently we also announced a new investment - Connect. The company is based in San Francisco and led by Ryan Allis. We have a 10 year relationship with him back to when he ran iContact in North Carolina and sold it to Vocus for $170 million. More on the announcement: www.goo.gl/Tq8eAd We look forward to a great 2015 and hope to see you at Entrepreneurs’ Series in Raleigh next month. You can find more details here: www.goo.gl/aQgNTR We hope you have a great holiday season. David Jones & Jason Caplain