Tuesday, December 3, 2013

Lookout Ventures Announces “Pints & Pitches”


New Monthly Event for Entrepreneurs to Practice Pitches in a Casual Setting

Raleigh, NC—December 2, 2013: Lookout Capital, a Raleigh, NC-based provider of venture capital, growth capital, and advisory services, announces a recurring monthly event for entrepreneurs. The event, titled “Pints & Pitches”, will be available for Triangle entrepreneurs to practice their pitches for raising capital in a casual environment.

Most entrepreneurs are understandably anxious about raising capital and presenting their companies to venture capital firms. They view venture capital firms, and fundraising in general, as black box. Lookout’s answer to reducing this anxiety, and creating a less formal environment for pitching, is a new monthly event to be held at Lookout Capital’s offices in Raleigh.

“Pints and Pitches” will be hosted at Lookout Capital’s offices in the Glenwood South area of downtown Raleigh.  Each month, founders and executives from up to three Triangle area companies will have an hour with Lookout’s staff, investors, and close associates to discuss their respective ventures.  These company representatives will have the options to do a live investment presentation, a practice pitch with feedback from Lookout, or informally discuss activities and plans.
 
Lookout Ventures will provide draft beer from a local craft brewery along with other refreshments.  We encourage members from the entrepreneurial community who are not presenting to join us for these monthly events.

“We are excited to interact with and engage the local entrepreneurial community through  “Pints and Pitches,” Walt Clarke, Director of Lookout Ventures, commented. “Our hope is that this is a positive step in demystifying capital raising and building relationships among the entrepreneurial community in the Triangle.”
 
“Lookout Capital’s investment philosophy heavily emphasizes establishing strong personal relationships with the principals of potential portfolio companies”, said Merrette Moore, Managing Director of Lookout Capital, in a statement. “We see “Pints and Pitches” as an effective way to begin establishing those necessary bonds in a relatively unforced, relaxed environment.”

Additional details for “Pints and Pitches” are as follows:
Who:
Triangle entrepreneurs
What:
Pints & Pitches
Why:
Entrepreneurs need a less formal forum to raise capital
Where:
Lookout Capital offices at 7 Glenwood Avenue, Raleigh, NC
When:
The first Thursday of each month beginning January 2, 2014. We will have time slots at 3:00 PM, 4:00 PM, and 5:00 PM.
How:
Email a pitch deck to Walt Clarke, Director of Lookout Ventures at wclarke@lookoutcapital.com and a confirmation/time slot will follow.

About Lookout Ventures: Lookout Ventures is a division of Lookout Capital designed to create, invest in and work with seed & early stage companies. The division focuses on North Carolina-based companies from conception up to $2 million in revenues.  Lookout Ventures is distinguished by its comprehensive capabilities, including access to meaningful capital, an unparalleled team of successful entrepreneurs, executives and businesspeople, a model of value-add involvement, and a platform that can provide a full range of startup-to-exit services.

About Lookout Capital:  Lookout Capital is a Raleigh, NC-based firm that provides growth and services to companies primarily in the Raleigh-Durham area and throughout North Carolina.  The firm addresses a niche historically and currently underserved by the capital markets.  Lookout leverages its high caliber network of investors and advisors as well as its unique investment model in establishing the premier growth capital investment management platform in North Carolina.

For More Information on Lookout Ventures and Lookout Capital: Please visit www.lookoutcapital.com

FOR IMMEDIATE RELEASE
Contact:
W. Merrette Moore
Managing Partner
Lookout Capital
(919) 594-6603
mmoore@lookoutcapital.com


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