Tue, 1 December 2020
In this episode, Hall welcomes Trey Addison, Co-Founder & Managing Partner of Nascent Group Holdings (NGH).
Nascent Group Holdings is a Columbus, Ohio-based, hybrid, private equity and venture capital firm that invests in the Midwest’s most promising game-changers. Since 2016, NGH has operated with a vision to help people and create opportunities in the energy, technology, real estate and manufacturing markets.
NGH invests in and consults early, mid and late-stage companies, with a keen focus on the Rust Belt region. A sound strategy and framework enables NGH to make intelligent investments that generate short and long-term growth. NGH uses internal capital and due to the breadth of its network is capable of raising capital from investors
Trey manages the firm’s acquisition strategy, portfolio investment alignment, and investment operations. He has led NGH’s investments in multiple real estate and small-cap companies in Ohio. His real estate and private equity investments have consistently outperformed the typical private equity benchmarks. He has worked in business, government, and government affairs before founding NGH and has served in executive capacities with some of the largest non-profits in the United States. In his role, Trey led government relations and public affairs that delivered legislative and regulatory impact to millions of consumers. Before his private-sector career, Trey worked for U.S. Senator Sherrod Brown.
Trey received his Executive MBA from The Ohio State University Fisher School of Business, an Executive in Energy Certificate from The Ohio State University’s Fisher School of Business, and a Bachelor of Arts from the University of Toledo. He serves as a Governor Appointee to the Ohio Alzheimer’s and Dementia State Taskforce, as a Presidential and Governor Appointee to the United States of America Selective Service Board, and as an Advisory Board member to several Ohio companies.
Trey discusses how COVID-19 has impacted both the commercial and residential real estate sector, the brick and mortar shopping mall's future, and NGH’s investment thesis.
You can visit Nascent Group Holdings at www.nascentgroupholdings.com, and via LinkedIn at www.linkedin.com/company/nascent-group-holdings-llc./.
Trey can be contacted via LinkedIn at www.linkedin.com/in/treyaddison/, and via email at email@example.com.
Direct download: Trey_Addison_of_Nascent_Group_Holdings.mp3
Category: -- posted at: 10:47am CDT
Tue, 1 December 2020
Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing.
I’m often asked how long it will take to raise a round of funding.
It will take you one calendar year for every million dollars you are raising, that’s if you are working on it full-time. If you are part-time, then it will take longer.
You’ll need approximately two months to prepare for the raise. This includes preparing the company, the investor documents, and the initial investor list.
It takes another 2-3 months to engage investors and bring them up to speed on your deal. They’ll want to monitor it for a few months to see the traction in motion.
Then it takes a month to close.
After you close those investors, you’ll need to find another round of investors and repeat the process.
For a million-dollar raise, you’ll need to do this three times on average.
Some companies don’t need all their funding in one go as most are based on recurring revenue and have the option of growing incrementally so they can raise funding the same way.
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Direct download: Startup_Funding_Espresso_--_how_long_will_it_take_to_raise_funding.mp3
Category:general -- posted at: 7:00am CDT