The Third Perfect Venture Conference - a Success Story for Technology Start-Ups and Early-Stage Investors

Second Venture Corp Press Releases-

The Third 'Perfect Venture Conference' - a Success Story for Technology Start-Ups and Early-Stage Investors

3-day Conference hosted by FundingPost puts 18 emerging technology companies in front of more than 50 Angel Investors and Venture Capitalists in New York City.

New York City, NY May 9, 2007 -- FundingPost (www.FundingPost.com) is proud to announce that on April 18-20, 2007, 18 early-stage technology companies and more than 50 Venture Capital and Angel Investors participated in the third highly-successful "Perfect Venture Conference" in New York City.

The "Perfect Venture Conference" was sponsored by Merrill Lynch, Wolf Block & Morrison and Foerster, and provided an opportunity for leading emerging technology companies and top Angel and Venture Capital firms to make important connections and to network. While many entrepreneurs wonder what it takes to secure venture capital financing, and need opportunities to showcase their businesses, the company CEOs had the opportunity to spend three days learning from some of the top VC & Angel Investors in the industry. More importantly, they got to pitch to and discuss their business with all of the Investors. More information about the conference can be found online at: http://www.FundingPost.com/pvc

FundingPost has completed 150+ sold-out venture events across the United States over the past five years, and is proud to announce the success of the third "Perfect Venture Conference." After years of smaller events, FundingPost decided to host its third three-day conference to directly address the requests of entrepreneurial companies who want higher investor-to-company ratios and more chances to pitch. At this three-day event, panels of Venture Capital Investors answered the questions these young technology companies had. In addition, the participating companies had multiple opportunities to hone their pitches and show off their ideas to the Investors in attendance. Each company pitched multiple times to the Investors, while the panels and workshops covered the entire fundraising process including: How to Give a Great Pitch, Building Revenue and Customers, Building Your Management Team, Setting Valuation, Preparing Your Finances, Meeting with Investors, Negotiating Term Sheets, Exit Strategies, and the current state of IT Investing. Both the pitching and the panels were extremely instructive in teaching these entrepreneurs all they need to know about how to get venture capital funding.

The response of the emerging technology companies to the event was tremendous. Brian Javeline, President, ServusXchange, LLC, said, "The event was one of the best ones I have attended. I believe one of the key ingredients is that it is well organized and allows you to get your message across on a continuous basis. I would encourage anyone looking to raise capital to seriously consider networking with FundingPost. One thing I enjoyed was the structure of the panels so that you get a chance to see how the investors are thinking, just like they like to do to the presenters. The only warning I would make is to ensure that you are ready to put your best foot forward since there is a group of sharp shooters looking to meet you. The FundingPost team does a very good job at the introduction-making process."

"The Perfect Venture Conference is an unparalleled value," said Glenn Murray, Founder & CEO, HandleFly, Inc. "The 'rotisserie-style' format gave entrepreneurs continuous exposure to dozens of highly-engaged, tier-one investors. The numerous panel sessions helped us to understand actual investor expectations and how to best position our company for current and future rounds. Best of all, the dozen or so one-on-one meetings we had matched us with qualified investors whom we would never have had access to otherwise without a referral. Everyone I met - entrepreneurs and investors alike - walked out wagging their tail! If you are raising money, then this is an opportunity you simply can't afford to miss!"

The investors also felt that the event provided them great value. "FundingPost has a history of professionally run conferences that do, indeed, bring together deserving entrepreneurs with focused investors," said Matthew B. Smith, Managing Director, Investments, Connecticut Innovations, Inc.

"FundingPost's Venture Conference is a worthwhile event for both entrepreneurs as well as investors," said Elad Yoran, CEO and Founder, Security Growth Partners, LLC. "Entrepreneurs not only get an opportunity to present their companies to a large number of investors, but also learn valuable lessons from experienced people."

Noting that the event was also successful because of the format and opportunity it provided to the entrepreneurs, Andrew D. Clapp, Partner, Brook Venture Partners, LLC, said, "This is one of the best events of its type I've participated in. The repeated delivery by the participants of their elevator pitch was excellent, as it forced them to present concisely, whereas entrepreneurs tend to wander unfocused. What's more, as if by osmosis, the investors had to listen and finally 'get' what the company is doing. I found myself relating to each company, as well as with each presenter/CEO. I've not experienced that connection at any other program."

More than 50 Venture Capital and Angel Investor funds participated in the event. Funds represented included: Aegis Capital Group, Arcapita Ventures, Argentum Group, Ascend Venture Group, Batelle Ventures, Brook Venture Partners, Cammeby's Capital Group, Canaan Partners, Coast Ventures, LLC, Connecticut Innovations, Corporate Angels, Cross Atlantic Capital Partners, Crossbar Capital, Delaware Crossing Investor Group, Draper Fisher Jurvetson Gotham Ventures, Edison Venture Fund, ETF Venture Funds, First Round Capital, Global Media Fund, Gotham Angels, Grande Ventures, Greenhill SAVP, Houston Angel Network, IDG Ventures, IDT Ventures, Intel Capital, Jina Ventures Inc., Liberati Corporation, Milestone Venture Partners, Millennium Technology Ventures, LP, Mitsui Technology Investment Group, NAV Fund, New York Angels, New York City Investment Fund, Newlight Associates, North Sea Ventures, Osage Venture Partners, Rho Ventures, Security Growth Partners, Slater Technology Fund, StarVest Partners, Stonehenge Capital Company, The Science Center / The MAG Fund, The Verticom Group, Trinity Ventures, Vencon Management, Inc., Wasatch Venture Fund & Individual Angel Investors.

"We are thrilled that once again we could provide such a valuable and meaningful experience to the entrepreneurial and venture communities," said Joe Rubin, Director, FundingPost. "Every company walked away with multiple follow-up meetings and calls with the Investors. We have had several success stories come out of our previous events and expect the same from this one. We look forward to following these companies as they prosper and grow."

For more information about the "Perfect Venture Conference" and other FundingPost events, call (800) 461-5509 or visit FundingPost's "Perfect Venture Conference" website at http://www.FundingPost.com/pvc

About FundingPost.com
FundingPost is an entrepreneur and investor network reaching more than 200,000 executives and 6,000 Venture Capital and Angel Investors across the nation each month.

For over six years FundingPost has worked with thousands of Angel and Venture Capital Investors and Entrepreneurs. FundingPost has hosted over 5,000 CEOs and 600 Venture Funds at events in 15 cities nationwide, as well as providing a quarterly Dealflow magazine and a deal-exchange Website that has, on average, seen an introduction of an Investor to an Entrepreneur every business day since its inception. FundingPost's mission is to reach investors and entrepreneurs in every medium possible - both online and offline, and it is experiencing strong growth as the venture capital markets continue to improve worldwide. For more information: (www.FundingPost.com)

###

Contact:
Heather Coull
FundingPost.com
800-461-5509
press@fundingpost.com