VisionTech’s Petrucciani Addresses “Coming to Terms” with Business Valuations at Venture Club Event
INDIANAPOLIS (March 2, 2020) – – VisionTech Partners Managing Partner Tony Petrucciani knows a thing or two about valuing startup companies. He founded his own startup, Single Source Systems, while in college; invested in more than 40 early-stage companies; and today plays an active role in screening the nearly 400 startups that approach VisionTech each year for a chance to compete for angel investment. Now, Petrucciani is sharing his expertise at valuation discussion hosted by the Venture Club of Indiana.
The luncheon event, “How Do I Value My Company for the First Round of Funding,” is set for Thursday, March 5 at 11:30 a.m. at the Columbia Club. The discussion also includes Parker McDowell, managing director of Rev1 Ventures of Columbia, Indiana, and will be moderated by Chelsea Linder, managing director of gener8tor. The event is designed to be insightful for startups as well as seasoned investors seeking a deeper understanding of how companies come to terms on their initial valuations. Valuations can cause disconnects between entrepreneurs and investors due to the risk of a down round of funding where funds are raised using a lower valuation than earlier rounds.
Petrucciani has more than three decades of experience in business leadership and management. He serves as CEO of Single Source Systems and CIO of CasePacer. He first developed a passion for entrepreneurship while a student at Ball State University and now is an advisory board member of the Ball State University Entrepreneurship Center. Petrucciani has been involved with VisionTech Partners as a leader and investor since 2014.
Tony Petrucciani has been an entrepreneur since his senior year in college, when he founded Single Source Systems in Fishers, Indiana, in 1985. Today, he serves as a managing partner in VisionTech Partners, bringing more than three decades of experience in successful business leadership and management to our organization. Tony has personally made 40 + investments into early stage companies.
Since its inception in 1984, the Venture Club of Indiana has served as a catalyst for increased investing in Indiana businesses. The all-volunteer organization is dedicated to helping entrepreneurs, investors and the professional community convene to network.
Guests are welcome. RSVPs are required.