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I interviewed Rik G Vandevenne, Director River Cities Capital Funds from Nth Carolina @NVCA Venturescape.  He spoke about River Cities Capital Funds who have about $500m under management & they’re investing in their 5th fund.  They invest in growth equity, health care (medical devices, health care services, health care IT) & IT companies (B2B software as a service). His background is in mechanical engineering & strategy consulting & he’s been a vc for a decade. He spoke about his perspectives on the changes that are happening for the venture industry.  Innovation happens nationwide & theres great innovation happening in some of the sectors they invest in outside of Boston & Silicon Valley. “The Rise of the Rest!”  Great entrepreneurs exist nationwide & the capital has started to shrink in those areas. Venture capital industry has shrunk 50% over the last decade but its more like 80% to 90% in Boston. They see that its a good opportunity to get to know entrepreneurs longer, to track them over time & invest later stage at some of the similar values that you might have when you’re taking a lot more risk & investing in early stage companies. Hopefully that will result in better returns over time & that’s what the overall asset class needs to continue to grow.   The pendulum will hopefully start to swing back the other way & people will see good returns & fund back into it.Enhanced by Zemanta

Pemo Theodore

Pemo Theodore is a Media Publisher & Event Producer and a great people connector.. She is Founder/CEO Silicon Valley TV which has served the San Francisco Bay Area for 11 years! She has produced Silicon Valley Events for Investors & Startups for 9 years. Pemo loves to video interview venture capitalists & founders to engage the human behind the success stories.. She has been Executive Producer of FinTech Silicon Valley for 5 years, organizing twice monthly FinTech talks & panels in San Francisco & Palo Alto. She believes in learning through a great discussion with experts in the domains. Pemo has a talent to bring the right people together and is an incredible networker. Pemo's events have been seen as supporting Venture Capitalists & Angels in sourcing great deal flow from startups who attend her events. Many founders have received funding through meeting investors at her events. Her favored medium is visual media and she has built up a great body of work of videos of panels & interviews in Silicon Valley.startup ecosystem.

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