Fund Raising Home Run
Deliverables: Fundraising scout for entrepreneur seeking vital first round capital
When entrepreneur Jim Woodman invented the concept of an online sports event registrar, he had a problem. No one would fund him. He came to us, and after our own internal due diligence process, we introduced him to a fund we were sure would love the concept – and they did. 48 hours after meeting with the founder, the fund wrote a term sheet pledging $3 million in funding. The rest is history, as Active.com went on to become the recognized leader in amateur sports event registration and was ultimately acquired by Ticketmaster for $75 million.