Archive for December 2013

The Benefits of Membership in the Beta Gamma Sigma Honor Society

December 16, 2013

Physician and investor Dr. Lindsay Rosenwald focuses on developing promising new biotechnology companies. Before attending medical school, Dr. Lindsay Rosenwald studied finance and economics at The Pennsylvania State University. He graduated from this institution as an inductee of the international honor society Beta Gamma Sigma, an organization that recognizes students for excellence in business. The society presents members with a wide range of benefits.

One of the primary benefits available to Beta Gamma Sigma members is CareerCentral, a resource center for individuals interested in advancing their careers. Members also have access to career coaching and scholarships. In addition, the Beta Gamma Sigma Student Leadership Forum allows students to gather twice a year to develop professional skills, engage in social activities, and network with other chapters.

The extensive alumni network also offers a number of opportunities to business professionals as they advance through their careers. For example, the Meet the Leaders of Business Speaker Series features CEOs of major companies sharing their knowledge. On a more practical level, Beta Gamma Sigma connects members to discounts on professional clothing, business publications, insurance, technology, travel, and financial services.

The Typical Venture Capital Funding Schedule

December 10, 2013

After serving as a physician in private practice, Dr. Lindsay Rosenwald refocused his career on investment in the life sciences and biotechnology industries. Dr. Lindsay Rosenwald maintains expertise in direct investment, asset management, investment banking, and venture capital.

Today, an increasing number of entrepreneurs turn to venture capitalists to fund their ideas. Before seeking out these investors, individuals should have a clear idea of the type of funding they need now and will need in the future. For example, seed capital allows for the creation of a company or product from scratch and is helpful in the “idea” stage. Most venture capitalists avoid this stage of funding. Investors typically start to show interest during the startup stage, in which entrepreneurs have created the company but need funding to continue research and development of the product or service.

The three remaining stages of financing are first round, also known as “series A” or “A round;” second round, also called “series B” or “B round;” and mezzanine, or “late-stage,” financing. First-round funding generally supports the acquisition of a talented staff and helps bring the final product or service to the market. The second round of funding gives working capital to companies that have products or services available but still have not begun to turn a profit. Mezzanine financing allows a company to expand as it becomes profitable.

What to Consider Before Seeking Venture Capital

December 2, 2013

Dr. Lindsay Rosenwald maintains expertise in several areas of finance, from direct investing to venture capital. Today, many entrepreneurs, like Dr. Lindsay Rosenwald, turn to venture capitalists for the money they need to realize their ideas. Before seeking funding, however, they must consider several factors.

First, entrepreneurs must have a clear market for their product and be able to demonstrate to investors how and why the product or service will generate money. Some ideas that sound great on paper simply lack a viable market, thus making them unlikely to receive funding. Additionally, the market must be large enough to attract substantial revenue. Venture investors typically look for markets of a certain size before they will even consider putting money into a new idea.

Entrepreneurs should gather a team of experienced, knowledgeable managers capable of developing the envisioned business, particularly when asking for funding at a later stage of the enterprise. When leaders can point to the past successes of team members and clearly spell out their contribution to the current project, they will more likely convince a venture capitalist to invest in the plan.