We’re investment bankers. So what, exactly, are we invested in? GROWTHPOINT TECHNOLOGY PARTNERS
Jul 08, 2015
We’re investment bankers.
So what, exactly, are we invested in?
GROWTHPOINTT E C H N O L O G Y PA R T N E R S
GROWTHPOINTT E C H N O L O G Y PA R T N E R S
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“As a team, we managed to orchestrate a situation where we had five different bidders coming to the table at the same time. It was an M&A work of art.”— Jason Donahue,
Serial Entrepreneur and CEO, ClearApp (prior CEO of Meiosys and Ejasent)
We’re invested in creating value. To create value, you first
have to recognize it. That’s not as simple as it sounds. Whether
it’s early stage technology companies with a great idea and
little else in the way of revenue to show, or more mature
companies with money in the bank, very often it’s the company’s
IP and its potential that are most important. So we prove our
own value with deep understanding of technology, and our
ability to properly position the impact our client’s company
will have on the market and the potential acquirer’s business.
That’s important because there’s one other step in securing the
right valuation for your
company. Getting some-
one else to agree. We’re
good at that, too.
The partners at GrowthPoint Technology Partners.
All together, we’ve completed over 300 transactions.
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“It was critically important to find a banker I did not have to educate about my technology. They helped shape and guide our strategy to find the optimum partner.”
— Eric Shapiro, CEO, Caustic Graphics (formerly founder and CEO of Zero G)
We’re invested in bringing our experience to bear.
Before we did what we’re doing now, we did what you’re
doing. We’ve started companies, run them, invested in them,
bought and sold them. We’re not just number crunchers ready
to thumb our BlackBerries. Quite the contrary. We’re seasoned
business people who understand finance, operations,
engineering, marketing and management, having applied
those disciplines ourselves in dozens of different companies.
That experience gives us something far more valuable than
the capability to schedule meetings. It gives us perspective.
So when we look at a business or
a company or a market, we see it
from a unique vantage point. All of
them, in fact.
We’ve been on both sides of the term sheet.
And we think that makes us more valuable
to everyone involved.
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“They are dedicated senior partners with real world experience, and I wanted to have them on my side.”
— Jason Hart, CEO, Actividentity
We’re invested in building partnerships. Even though we
make our living as investment bankers, we’re not just dialing for
dollars. For us, it’s more about having insight into technology,
markets, and human nature. It’s about having the perceptive-
ness to build a compelling case for the value we see. It’s about
relationships, because acquirers know the kinds of deals we
bring them, and clients feel good about how we represent them.
In fact, both our clients and the acquirers will tell you that we
conducted their transactions in a way that made their experience
far better than it would have been had someone else been
working with them. And yes, it’s about
the money, too. But it’s also about every-
thing that makes the money worthwhile.
The best business is done
personally. Especially in this
business.
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“More than once it was their perseverance, experience and diplomacy that brought the parties back together and eventually guided us to a great outcome for all.”
— Jacques Benkoski, former CEO, Monterey Design Systems
We’re invested in seeing it through. In an ideal world, your
banker quickly gets a buyer or investor to the table with a term
sheet, negotiates the very best deal, and then manages the
whole thing effortlessly to closing. Unfortunately, no one lives
in that world. Better you should have a professional skilled in
negotiating the vagaries of this world. Someone who will not
get rattled or become disengaged at the first speed bump, or
the twenty-first. (On average a deal jumps the tracks at least
three times. It’s OK. We’re here to put it back.) Even if it takes
months longer than expected—and that’s to be expected—
your banker should be consistently
creative and resourceful, but essentially
unrelenting in getting the deal done.
Because without that, there is no deal.
At this stage, we’ve seen almost
everything. Which is to say,
nothing scares us.
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“I cannot recommend anyone more qualified.”
— Jeff Nash, CEO, Inclined Plane
We’re invested in getting the transaction done
properly. Getting a deal “done” is not a destination, but a
process. In other words, “done” is not the ink on a contract,
but rather the satisfaction of knowing you made the right
decisions. Because a deal is only the end result, and in some
ways, the anticlimactic finish to what appears to be a hope-
lessly complicated labyrinth. So, yes, you could say that we
get these deals done properly (and anyone who knows us will
tell you the same), but that’s not really what we do. What we
really do is everything leading up to the deal. And if all those
things—the understanding, the
preparation, the connection, the
trust—if those are attended to, the
deal takes care of itself.
There’s just one question you have to
answer: “Are these people I can trust to
represent my company?”
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“I found GrowthPoint’s expertise, knowledge of the venture markets, and overall guidance to be invaluable in our recent successful capital raise.”
— Neal Ater, CEO, Atempo
We’re invested in getting you the best deal. How much
is your company worth? That depends on who’s helping you
sell it. Do they believe in the potential of the technology you’ve
created? Do they know where that potential will have the most
impact and to whom it will be most attractive? Still, everyone
has a different idea of what something is worth, and the inter-
ested parties don’t always agree. In that case, it takes a great
deal of skill and diplomacy to get everyone to believe in what
is essentially a profoundly intangible asset. To aid us in this
endeavor, we keep a very simple metric in mind. We work to
get the same deal we’d want if we were
in your shoes.
It’s easy to find an investment
banker who knows what they’re
doing. Find one who knows what
you’re doing.
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We’re invested in you. The way we do business is the way
we grow our business. Or, to put it another way, we believe
that the best people to speak for the quality of our work are
the people who’ve experienced it first hand. And since we also
believe that the most important outcome of any transaction
is the satisfaction of our client, our reputation grows right
along with our network. So whether we’re working in Dublin
or Düsseldorf, Munich or Menlo Park, our clients (and our
acquirers, for that matter) know who we are and how we work,
and that builds confidence in a beneficial outcome for all.
After all, we love what we do and
we want to keep doing it. The only
way we can do that is to never
forget what we’re really invested in.
Ask someone you trust about us.
GROWTHPOINTT E C H N O L O G Y PA R T N E R S
GROWTHPOINTT E C H N O L O G Y PA R T N E R S
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GROWTHPOINTT E C H N O L O G Y PA R T N E R S
GROWTHPOINTT E C H N O L O G Y PA R T N E R S
GrowthPoint Technology
Partners, LLC
Telephone: (650) 322-2500
FAX: (650) 320-8770
835 Page Mill Road
Palo Alto, CA 94304
www.gptpartners.com
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