Saturday, November 17, 2007

YOU BE THE VC-----Powered By Your Ideas

What Company is offering:
Bang Ventures is a New York based investment firm with offices in Cambridge and is focused on early stage emerging technology companies. Bang Ventures isn't a VC firm. They help smart and driven people co-found fantastic new companies, providing entrepreneurs with a roof over their heads, mentoring, a deep network of contacts, marketing support, professional services and other technical support....and yes, funding as well.

How It Works:
Bang Ventures gets into the projects at the inception phase, evaluating opportunities and empowering entrepreneurs to develop strong companies. The firm is currently focused on investing in North America and Eastern/Central Europe in sectors ranging from Web 2.0 to clean tech to medical devices.
Bang Ventures is making an open call for entrepreneurs to submit their ideas for new start-ups -- then they'll let the public decide on the next three companies we fund….after several rounds of tasks, analysis, and video pitches. That is You Be The VC in a nutshell.


Essentially the three selected companies get a company to run. Winners will get financing, programming/web development, expert mentoring, office space, legal, accounting, administrative and marketing support, as well as a stipend to live and work in Cambridge.




Who is Behind The Company:
Mark is a seasoned technology entrepreneur, executive, investor and visionary. He Co-founded New Europe Ventures, a Polish-based Venture Capital firm, as well as the Benet Group, Leonardo BioSystems, Lux Research, and the NanoBusiness Alliance. He has served as a senior executive at NanoDynamics (and continues to advise the company), Opion, GolinHarris and NRW. In addition, he has consulted for companies ranging from NanoSys to Engelhard to Mastercard to Yahoo to eSpeed to Pixar to DaimlerChrysler.

Mark is a member of the Nanotechnology Technical Advisory Group to the President Council of Advisers on Science and Technology (PCAST). He is among the most well known figures in technology and was recognized by Forbes as a "powerbroker" and has been featured in Time, Newsweek, US News, ABC, BBC, NY Times, Business Week, Fortune, Wall Street Journal, among others. Mark also appeared regularly as CNBC technology commentator and on occasion as a co-host of SquawkBox.
More at:http://www.youbethevc.com/

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