Air Date: Monday, Nov. 18, 2013 at 7PM EST
Everything you want to know about venture capital funding
What is Venture Capital
|Money provided by investors to startup firms and small businesses with perceived long-term growth potential. This is a very important source of funding for startups that do not have access to capital markets. It typically entails high risk for the investor, but it has the potential for above-average returns.|
Venture capital can also include managerial and technical expertise. Most venture capital comes from a group of wealthy investors, investment banks and other financial institutions that pool such investments or partnerships. This form of raising capital is popular among new companies or ventures with limited operating history, which cannot raise funds by issuing debt. The downside for entrepreneurs is that venture capitalists usually get a say in company decisions, in addition to a portion of the equity.
Marc C. Mathis – Partner and National Director, National Minority Angel Network and Managing Director, Mataron Development, LLC
Marc is a Partner and National Director for the National Minority Angel Network (NMAN), a formal angel investor network that was created to meet the needs of high growth minority startups by providing angel funding to companies that do not traditionally have access to significant start-up capital. NMAN targets minority entrepreneurs who have excelled academically or professionally but are 1st time entrepreneurs. NMAN seeks to link them with successful, high-net-worth Americans who share NMAN’s desire to diversify the business community and broaden prospects for long term wealth creation.
He is the Founder and Managing Director of Mataron Development, LLC a Wilmington, DE based development firm which primarily acts as a “venture catalyst” to minority entrepreneurs by providing access to sources of angel and venture capital funding through strategic partnerships and business development. Mataron’s strategy is to develop strong companies and connect them with human resources, both financial and experiential, who will assist the companies in becoming ultimately more successful in the attractions of capital and positive exits. Through Mataron, Marc has also served in various advisory roles for diversity with organizations such as the Angel Venture Forum and Director of Diversity for the IES Brian Research Foundation.
He is also an active member of the Minority Angel Investor Network (M. A. I. N.), a network of accredited investors with an interest and commitment to invest in high growth, minority owned or minority led companies. M. A. I. N. is the nation’s first and only formalized angel network with a minority investment focus. M. A. I. N. is sponsored by the Ben Franklin Technology Partners of Southeastern Pennsylvania with support from The Kauffman Foundation and the Commonwealth of Pennsylvania.
Marc served as the Executive Director, Strategic Partners Coordinator and Advisor for Early Stage East the non platform for Innovation Ventures and the Delaware Innovation Fund, venture capital firms focused on early stage information technology and bio-tech companies located on the East Coast primarily in the Mid Atlantic Region. He oversaw 16 portfolio companies and was directly responsible for all aspects of the organization’s operations. Marc acted as its liaison to the urban market and minority business opportunities which included introductions and partnerships with successful minority entrepreneurs such as Ian Hardman, CEO of Davin Wheels (inventors of the “Sprewell’s” aka spinning wheels for automobiles) and “The Shark” Daymond John, CEO of FUBU, Inc. and co-star of the ABC hit series “Shark Tank.”
He co-founded Rimmax Wheels LLC, a custom wheels manufacturing company which immediately gained national attention due to the company’s innovative product lines; specifically innovating and producing the first “Spinner” wheels for motorcycles in industry history. The company was featured in major publications such as King Magazine, Allhiphop.com, BET.com, Cycle Dreams, Cycle World Magazine and Vibe Magazine which named the company’s spinner wheels number 6 out of the 10 hottest products of 2003. He is the co-inventor of the patented technology Free Spinning Rims for Motorcycles, and is the co-owner of 3 U. S. design patents and 1 utility patent. Marc has also been featured in Black Enterprise and Ebony Magazine for various business and personal accomplishments.
Marc is a graduate of Norfolk State University where he received his B.S. in Business Management with emphasis in Entrepreneurship; has an MBA from Wilmington University; and is currently pursuing his Doctoral degree in Business Management Sciences at the University of Maryland University College, where his dissertation research focuses on strategies for MBEs to successfully access angel and venture capital funding resources.