2.5
2.0 
3.1 
2.6 
2.7 Think More Like and Lbo Firm Than a Venture Firm
Fund: Bay City Capital
Posted by Anonymous on 2009-08-12
BCC was an investor in my last company and it was a very profitable investment for them. However, as a CEO, I found them very difficult.
Most good venture firms have a collaborative approach to investing. They realize that the best outcome for everyone is created by expanding the pie. BCC had more of a "distributed bargaining" approach. Every interaction with them was characterized by them trying to get as much as they could for themselves, seemingly without realizing that a more collaborative approach could result in everyone making more money.
As a result, there was a lot of distrust between BCC and Management and between BCC and the other investors.
I would not seek investment from them again.
Promised Follow Up and Feedback Never Happened
Fund: Bay City Capital
Posted by MedTech Expert on 2013-01-30
We pitched BCC at their request. Met with Jeanne Cucinelli, MBA, and one other. They asked good questions and were interactive. Pitch experience was positive. They promised to take it to the partnership for an initial screen. Never heard back, despite their promise to do so and several calls. While they claim to have money to invest (as do many others), our sense was that they are being very conservative and are protecting existing investments (as are many others). Suggest that entrepreneurs engage cautiously as this proved to be a big waste of time and energy (others have said the same). BTW, we did get funded.
PRIVATE: Members OnlyStrong Dd, Constructive Approach
Fund: Bay City Capital
Posted by synthetichem on 2008-10-14
BCC delivered great feedback and was very helpful to us in our due diligence effort. Quick response times, and great Venture Partners with specific expertise.
PRIVATE: Members Only (467 Characters)