Profesional Venture Capital Management
Venture capital by its very nature is a high risk investment. Companies are generally in their formative years and are in the process of proving their business model, defining their product offering , refining their revenue models and acquiring customers .
The time it takes for entrepreneurs to bed down these variable is the difference between success and failure.
Professional venture capital companies generally have a team of experienced managers who are trained to fast track these important factors. Grovest Venture Capital Company Ltd is a Venture Capital Company with its head office in Johannesburg, South Africa .
Grovest is a sec 12j venture capital company (VCC) that allows investors into the fund the opportunity to deduct the full amount of their investment from their taxable income. This results in an investor who is paying tax at the marginal rate , a net investment of 60% , whilst enjoying 100% of the upside.
Grovest, is managed by Venture Capital Management Services (Pty) Ltd. The VCMS team is made up of a team of seasoned venture capital and private equity experts, which include Malcolm Segal, Jeffrey Livingstone, Clive Butkow and Jeff Miller. The management team is also backed by a number of bright, astute, highly qualified individuals that vet investments and provide a different angle to all investments.
Jeff Miller the CEO of Grovest believes that any investor who wishes to have venture capital exposure as part of their investment portfolio should consider investing into a professional venture capital fund such as Grovest. It allows investors the tax deduction, a portfolio of investments , as well as being managed by a hands on professional management team.
He says their are no gaurentees in this game, but investors can certainly mitigate the risk through the section 12 J structure whilst having exposure to the potentially huge upside.