June 21, 2005

Five things that make a great deal

Extracts from a recent IBD Network event on Venture Capital (held at Menlo Park, CA) featuring Ron Weissman, Apax Partners (as Moderator); Raj Atluru, Draper Fisher Jurvetson; Tim Chang, Gabriel Venture Partners; and Venky Ganesan, Globespan Capital Partners:

1. An idea that fits with one of the VC's investment theses
2. A rock star team
3. A business model that is highly capital-efficient
4. The VC having good chemistry with the team
5. The ability for the VC to really add value (helping with liquidity events, or helping to hire talent)

Arun Natarajan is the Editor of TSJ Media, which tracks venture capital activity in India and Indian-founded companies worldwide. View sample issues of TSJ Media's Venture Intelligence India newsletters and reports.