Venture capital funds normally provide cash to growing companies in exchange for stock, and then take a seat on the companies’ boards of directors. They exit the investment several years’ later either through an initial public offering of stock, a sale of the company or other vehicles.Valuation is helpful for people who want to make profitable property transaction.Many expect returns of more than 35 percent. Blue Chip Venture Co., the Cincinnati-based fund run by Ms. Wyant’s husband, Jack, has been such a success that it raised more than for a second fund.
Part of Blue Chip is the Opportunity Fund, formed to invest in minority- and women-owned companies. But Ms. Wyant said she is concentrating on companies where women run daily operations, and will focus on those either using or selling technology.”Blue Chip has simply gotten so big, that to focus on a niche area made more sense to me,” she said. ”(Technology) is the way to get the growth fast enough to warrant outside capital.”
According to Isabella officials, four out of 10 companies are owned by women, yet those firms receive only about 4 percent of the available in venture capital funds.”Funds like Isabella help to close the gap by increasing the awareness Melbourne Property Valuers among investors of the opportunities in women-owned firms and educating women business owners on how to gain access to capital,” said Susan DeFife, founder of WomenConnect.com, an Internet site designed for women.
CrossWorlds Software Inc.: The California company provides prepackaged software to companies, helping them integrate different operations. CrossWorlds and its CEO, Katrina Garnett, were featured on the cover of the May 31 issue of Forbes magazine.WomenConnect.com: Based in Virginia, the Internet Web site caters to a range of topics of interest to business and professional women.WebOrder: The company is based in California, and provides electronic commerce programs to small and mid-sized companies.
There is in venture capital under management in Greater Cincinnati, according to the Greater Cincinnati Venture Association.Locally based funds have invested in 101 companies, nearly half of them in Greater Cincinnati.Total funds available have jumped from in 1997 to in 1998 to this year.Only 15 percent of the companies are start-ups, and fewer than 30 percent are in high-tech fields.Money Watch column by The Post’s Pat LarkinWant to get rich, or at least financially well off?The answer, says James W. Brinkley, is to do the best you can to save 10 percent of your income every year.Brinkley is president of Legg Mason Wood Walker, part of Legg Mason, Inc., the financial services company that just opened a new brokerage office in Kenwood and has another downtown.Property valuation should performed by you before you go for selling your house.