Fund: Horizon Ventures
Posted by MedTech Expert on 2007-09-12
Jack Carsten took the lead and invited our team in to present. John Hall who has extensive experience in MedTech (our segment) was present. They were well prepared, attentive, and engaged. They asked good questions. We continued discussions and had a subsequent meeting. John initiated some early due diligence.
The deal size grew considerably after our initial meeting as a much larger fund got interested and wanted to accelerate business development. We ended up with the larger fund and Horizon had to back out. The deal was too large for their appetite.
My initial experience (I am a seasoned MedTech player) was positive. I would go back to them with a deal that fit their scope.PRIVATE: Members Only