Redlands, CA…”Entrepreneurs and venture capitalists have more in common than most of them realize… they both manage OPM (other people’s money),” observed John R. Nelson, managing director of California Capital Partners, LLC (CalCap), a venture capital firm focused on small- to medium-sized technology and life sciences companies.
This is counter to the view of many entrepreneurs seeking capital… they typically believe that the VCs just don’t understand them, their business model and its potential. What entrepreneurs often don’t know is that the VCs also must raise capital (their fund)… from institutional sources, banks, insurance companies, corporations… and they are accountable for how they use/invest that capital… just as the entrepreneur is accountable to their investors/lenders. “Perhaps with this knowledge will come the understanding that we essentially are kindred spirits,” Nelson suggested. “We really are on their team, or want to be. As the leadership at CalCap has witnessed over the past 20 years, entrepreneurs equipped with smart strategies, a diligent work ethic, and honest intentions can navigate the venture capital maze and achieve their funding goals,” Nelson concluded. CalCap’s managing directors have completed over 300 capital transactions, totaling over $2 billion, and have produced returns in the top decile of their industry. The firm’s investment activities are located strategically in Northern California, Southern California, and the New York-Boston corridor. More information on CalCap can be found at www.calcappartners.com.