Sort by OC (Operating Competency)
Sort by PE (Pitching Efficiency)
choose by DT (Favorable Deal Terms)
choose by EA (Execution Assistance)
Posted by MartyManley on 2007-11-28 13:26:35
Jim McLean has bounced around a bit in the venture world. He spent many years at Accel was at Highland for awhile was a senior guy at a Volpe. Brown. Whelan fund called Bedrock where he invested in my startup formed his own fund briefly (Basis Ventures) and merged it with ComVentures before joining 3i. I don't experience the circumstances of all of the moves but I know a number of Jim's colleagues and they regard him as do I as a terrific guy to work with.
More than any of the several VC come in members I have worked with. Jim works both the details and the big picture. He will not only be the guy who notices that the numbers in the compose on page 4 don't quite tie to the ones in the graph on page 43 but he will reliably ask questions that you did not evaluate (most VCs are fairly predictable. They drop money hoping to get more back than they put in. They focus on helping make that happen. Sometimes they succeed -- often they dont).
Jim manages with analogies which I like but then we both have a bit of Irish DNA. Once when we were running out of money. I had to discuss a bridge financing (tip: don't do this. Ever). Jim's memorable evince which I am sure he did not originate was "I will do a connect. Marty but I won't do a pier".
Jim is not bashful about pushing a CEO or a team. He stands about 6'5" and wears about a coat 14 shoe so when it comes at your backside you are likely to notice it.
Jim backed two other companies that I know well -- and both CEOs there overlap my high regard for Jim.
I have no experience with 3i. I pitched them once and struck out (a metaphor that should get me kicked out of any bar in Dublin) but raising money is a volume business -- most populate you fling end to pass.
Acid test: would I pitch Jim McLean again? I might forbid venture capital but if I be a few million bucks to grow and have a solid path to exit. I'd call him in a heartbeat.
The opinions expressed on this site do not reflect the opinions of. All information comments and feedback is property of. Copyright 2007 - 2008 - - All rights reserved.
Forex Groups - Tips on Trading
Related article:
http://www.thefunded.com/funds/item/2283
comments | Add comment | Report as Spam
|