Bad Experience
Fund: HealthCare Ventures
Posted by Anonymous on 2010-01-11
We were very disappointed from the interaction with and response from HealthCare Ventures.
PRIVATE: Members Only (89 Characters)Not a Fan
Fund: HealthCare Ventures
Posted by Anonymous on 2009-12-29
Substance Over form
Fund: HealthCare Ventures
Posted by Anonymous on 2009-11-20
I am the CEO of a biotechnology company that recently entered into a major transaction with a large pharmaceutical company. Healthcare Ventures invested in us a year and a quarter prior to exit. Before Healthcare Ventures we had gone through multiple pitches with several other VC groups (sound familiar anyone?) and had significant interest because we had already received a favorable term sheet for a licensing deal. However, we did not find the right chemistry (read valuation and control) with any of the VC groups we had spoken to and in addition had the luxury of a phenomenal angel network willing to support us. Just when we had decided that VC funding was not right for us we received a call from Doug Onsi and Steven Landau. In one day they flew out to us and went over the science in far more depth than any before them. They gave us three extraordinary contacts the first day - free of charge :o). The next year we became VC-believers. HCV went out of its way to help us with their network and experience and made a great deal possible for us and our investors - angels included.
PRIVATE: Members OnlyGood VC Partner for Us
Fund: HealthCare Ventures
Posted by Anonymous on 2009-11-17
We had a very good experience working with HCV, in particular with Doug Onsi. We also interacted frequently with a very smart MD by the name of Steve Landau that Doug works closely with in order to look at the science and technical aspects. Both have recent entrepreneurial backgrounds, which made them stood out from most of the other VCs we interacted with. As a VC, they were quite flexible during termsheet negotiation, which is always a big plus. We always felt they understood the challenges and issues that could likely make or break a small biotech like us from first hand experience. They got us in touch with some of the best people in their respective field to complement our team and bring in the right level of expertise. We recently closed on a deal with a large pharma partner and I can honestly say they clearly had a positive influence in getting us where we needed to be for this deal to be possible.
PRIVATE: Members Only (582 Characters)First Rate Firm
Fund: HealthCare Ventures
Posted by Anonymous on 2008-10-21
I have very high regard for this firm and its partners, particularly Gus Lawlor, with whom I have interacted on 1 BOD and also as an investor in my company. He is incredibly thoughtful and bright and is the kind of investor who tends to hold his counsel until he has something worthwhile to say. I do not know his partners as well although every time we have met with them, they were attentive and asked good questions. Overall, I would rank this group within the top 10% of the many firms I have actually worked with, let alone pitched to, and would encourage new entrepreneurs to include HCV in their first wave of potential investors.
PRIVATE: Members Only (213 Characters)Blackberries
Fund: HealthCare Ventures
Posted by Anonymous on 2008-01-22
We presented to Chris Mirabelli and about 3 other partners. Everyone was checking their blackberries the whole time. Why bother having us come in" I don't understand this attitude with the blackerries. It is incredibly rude. If you can't pay attention for 20 minutes, don't go to the meeting.
PRIVATE: Members OnlyVery Competent Team
Fund: HealthCare Ventures
Posted by Anonymous on 2007-08-08
I was referred into HCV to Eric Aguiar and Augustine Lawlor. Worked mainly with Eric. Eric worked with several science "techies" for due diligence. Every phone call, every meeting, he, his team were well prepared and asked indepth tough questions. Through the dialog HCV was on the ball and competent.
We were turned down, we were told why, and the door was left open as we progress. This was all done in a respectful, professional manner.
Though my firm was turned down, I hold this firm in high regard and would not hesitate to come back with another venture.
PRIVATE: Members Only (306 Characters)