Eventi believes that there is a significant opportunity for investors to participate in the exciting, rapid growth hi-tech world of venture investing through an entrepreneur friendly, active role. Eventi's investment strategy ensures quality deal flow, realistic valuations and real business partnership with domain expert, driven entrepreneurs.
Eventi Inc. was formed in early 2002 with the realization that many opportunities existed, post the market correction, for groups willing to contradict the current "accepted wisdom". With so much uncertainty in the capital markets, sources of capital have dried up, and in many cases so has access to top management talent to drive these opportunities. These two key issues have made it more challenging for motivated entrepreneurs to build scalable, sustainable businesses.
The financing needs of many of the companies Eventi is currently invested in, or evaluates, would traditionally be served by high net worth individuals. It is very time consuming and challenging for entrepreneurs to raise meaningful amounts of growth capital from angel investors. The other potential source of growth capital is the traditional venture capitalist (VCs) community that are increasingly running large funds, necessitating sizeable deployments of capital in each of their investee companies in order to have a material impact. Eventi is one of the very few non-traditional VC brands in the Ontario investment community that focuses on this market, and presents an exciting investment vehicle for high net worth investors and an attractive alternative to successful entrepreneurs aspiring to accelerate their businesses.
Eventi believes that there are a number of compelling reasons to invest in the market opportunity identified above and that the Eventi Growth Funds represents the ideal vehicle to successfully pursue these opportunities:
a) The defined target market has demonstrated consistent growth and development over the past decade and is not the consequence of any recent 'hot' technology trends or explosive, high risk changes in the market.
b) The Eventi investment strategy and committed capital amounts do not necessitate massive takeover valuations or explosive IPO's to realize top quartile performance. Rather, our focus is on steady, consistent execution.
c) We have identified a significant funding gap in the Canadian venture capital arena for small, but growing technology enhanced companies. Many of these companies have either outgrown or are seeking additional passive capital from angel investors, and are not ready or willing to accept larger capital deployments from traditional venture capitalists (which often includes relinquishing control). Eventi is purposely targeting this sector in a structured manner which will in turn help investors and entrepreneurs lower their risk and optimize returns.