Blog

PEVCTech Update

We’ve been dormant during the COVID era, but are now restarting activities. If you have suggestions for events we could partner on with you, please contact us.

I’ve posted recently two videos focused on how private equity and VC investors are using technology to improve returns (or suffering the consequences of not doing so):
How Private Equity and VC Investors Accelerate Portfolio Company Success
Asset Managers, Prepare to Have Your Lunch Eaten 

Especially during the COVID era, the main way to meet people was online. I wrote about How to Find the Right Online Communities.

We posted an updated version of our white paper on VCs Eating our Own Dog Food: Using technology to make better investments.  I also dove deep into An Investor’s Personal Social Media Tech Stack.

Lastly, our friends at AltVia run a podcast and are seeking guests with expertise on how PE/VC investors are using technology. Contact growth(@)altvia.com .

Consumer Behavior Post-COVID: What do the Data Say? (5/26, 6pm, virtual)

I hope you’ll join us at this HBSCNY event on 5/26, 6pm (virtual.)

Consumers have changed their spending, saving, and investing behaviors dramatically as a result of the pandemic. Drop leverages a unique view into $40B of real-time spend data and survey capabilities to uncover the what and why. Derrick Fung, CEO of Drop, will discuss what Drop has learned and what their data predicts about:
– Post-COVID consumer behavior
– The impact of the stimulus checks on consumer spend
– Usage of Buy Now Pay Later
– The rise of the retail investor
– Profiles of crypto consumers

Drop is an intelligent rewards platform built on real-time spend data. Users link their debit and credit cards to earn points for shopping at their favorite brands and engaging with surveys, games and contests. Drop’s direct relationship with members enables them to offer investors a safe and ethically sourced way to gain valuable insight into consumer’s spending.

Derrick Fung, CEO of Drop, is an entrepreneur and former foreign exchange trader. He is best known as the founder and CEO of Tunezy, a music company founded in Toronto, Ontario and now based in New York City. Tunezy was acquired in 2013 by SFX Entertainment.

Our moderator: Jeremy Baksht, Chief Growth Officer of Gourmet Growth, a VC backed financial technology platform that offers capital-as-a-service to emerging SMBs. Jeremy previously led alternative data products at Bloomberg as well as co-founding or accelerating 3 FinTech Cos. Jeremy was a vice president at Citi in Global Industrials Investment Banking and is a seed investor at DataFrame Ventures. Jeremy has invested or advised 30+ companies in tech & data analytics.

RSVP

Disclosure: I’m an investor in Drop via both ffVC and HOF Capital.

Jan. 30 evening, NYC: Data Science in Private Markets

Augvest is the oldest buy-side alternative data community with over 700 members representing 230+ buy-side firms. NB: Augvest events are only open to individuals working on the buy-side.

Their next event’s description:

“While we have thus far seen alternative data work be dominated by hedge funds, as private equity and growth equity firms begin to build out their own data science capabilities, they are discovering a whole new opportunity set – and bringing to market a number of compelling new datasets. Our next Data Science Technology event will feature three short presentations reflecting this trend.

We are excited to feature:

  • Alan Freeman, VP of Data Products at 7Park, will speak about work his firm is doing with exhaust data from several other Vista Equity Partners portfolio companies.
  • Oscar Batori, Head of Product at Liquidata, will present open source technology his firm has developed to make it easier for companies to make their exhaust data available to data buyers.
  • Matt Forrest, Director of Spatial Data Science at Carto, will explore applications of geospatial analytics in private markets. Tim Kiely from American Securities will also share his perspective.

We will be meeting on Thursday, January 30th, from 6 to 8pm. We are pleased to be able to partner with Dyal Capital Partners and Neuberger Berman to organise this event.

RSVP. Mention you were referred by PEVCTech.

Jan 9: HBS Club Panel on How Private Equity & Venture Investors Are Using Technology to Accelerate Returns

Please join us January 9 evening in NYC on “How Private Equity & Venture Investors Are Using Technology to Accelerate Returns”, hosted by the Harvard Business School Club of New York.  Our speakers:

– Patrick Leung, who leads technology and data science initiatives for Sightway Capital and Two Sigma Ventures 

– Sajjad Jaffer, founder and Managing Partner, Two Six Capital

– Dr. Neil Constable, Ph.D., Chief Investment Officer, CircleUp

– Ryan Feit, CEO and Co-Founder, SeedInvest 

– Lena Mass-Cresnik, PhD, Chief Data Officer/Managing Director, Moelis & Company

RSVP.

6/26 NYC dinner: How Private Equity Investors Accelerate Portfolio Value Creation

I’m hosting a Voray dinner discussion on 6/26 evening in NYC on Portfolio Acceleration. This complimentary dinner is geared to Partners at private equity/VC funds.

LPs now expect private equity funds to have a systematic approach to portfolio value creation. What are the most effective levers to accomplish that goal? What resources can a firm build to give them more leverage? What technology tools have you found helpful in working with your portfolio?

Details and RSVP.

Suggested background reading.

Webinar: New Techniques for Measuring and Boosting Private Equity Deal Flow, 6/27 11am ET

Most private equity professionals fail to see even a majority of the potential deals flowing through their target markets, according to the latest research. Don’t be one of them!

Join us on Thursday, June 27 from 11 AM to 12:15 PM ET for a 75-minute complimentary webinar brought to you by Sutton Place Strategies. The panel will cover:

* Analytics showing how well private equity firms typically do at seeing deals in their target markets;
* Benchmarking tools that you can use to compare your origination efforts with those of your peers;
* How to overcome obstacles to building relationships that generate proprietary or near-proprietary deal opportunities;
* Strategies and tools that the most successful private-equity shops use to unearth opportunities and manage their deal pipelines;
* How forward-thinking shops are using social media and the latest technology tools to improve deal flow generation.

Speakers (to date):
Dave Harvey, CEO, Harvey & Co LLC
Nadim Malik, founder and CEO, Sutton Place Strategies
David Teten, Venture Partner, HOF Capital
Moderator: David Toll, publisher, Private Equity Career Week
RSVP

Suggested background: Deal Origination Best Practices

June 17 Event: Private Markets Syndication Solutions

I hope you’ll join fellow members of PEVCTech.com for an informal discussion around:

–  Co-investing with family offices and private equity investors in proprietary, direct deals

–  The technology stack which makes the deal process efficient and scaleable, without sacrificing the value of relationships

–  Discussion of technologies within the Secondary PE Market

Our hosts at ShareNett will demonstrate their unique solution. Cliff Friedman, CEO; and Michael Graver, Director of Business Development will be leading the discussion and demo. Space is very limited.

Please RSVP by June 7, 2019 to save your seat!  RSVP to info(@)sharenett.com .

Where: Pepper Hamilton, 620 8th Avenue, 37th Floor

When: Monday June 17th, 2019; 5:30pm mingling, 6pm demo & discussion, 6:45pm informal conversation

Food: Light dinner

Who: Members of PEVCTech.com, specifically investors in private companies who want to use technology to make better investments.