19,301 Members | 28,911 Reviews
6,430 Ratings - 9,068 Comments
13,413 Partners - 28,546 Feedback
Novak Biddle is actively funding as of December 2012 http://www.bizjournals.com/washington...
Introduced to Thatcher Bell, who reviewed our presentation and provided respectful, logical feedback in a timely manner.
Private: 201 Chars
We worked very closely with John and the team at ONSET for over a month, and though we didn't end up working together, John and his team were exceptional throughout the process. They asked insightful and thought-provoking questions and their insights and feedback directly improved our company's pitch, and helped us as we moved forward tremendously. In fact, following some of their recommendations was instrumental in helping our company secure financing and eventually an acquisition partner. Excellent firm and even better people.
It is a mediocre fund with not a great track record of their own.
Private: 466 Chars
We received a terms sheet from them on favorable terms causing us to terminate advanced negotiations with other VCs. Several weeks later they had still not started due diligence. Finally I chased and they bombed out. We found another VC and survived but my perspective was this was a speculative terms sheet. We had some internal issues with an Irishman we didn't know about and not sure if that was anything to do with it but anyway, watch out!
Great group of scientific, operational, and practical thinkers. Run an efficient process with quick decisions either way.
David Wu is new to the firm, and certainly seems to be an improvement upon what I see listed here. Perhaps there's a change underway in the firm?
Private: 1018 Chars