OUR MISSION

Megunticook invests in promising communications, media and technology companies at the earliest stages of their development cycles. Our goal is to produce superior economic and social returns by working closely with entrepreneurs to develop innovative products, services and technologies.

OUR VALUES

We are active and accessible investors. We hold ourselves to the highest standards of integrity and honesty and pride ourselves on our forthright approach to entrepreneurs, employees and investors. We value independent and creative thinking. We encourage open dialogue and are not afraid to challenge each other and our entrepreneurs in the spirit of learning. We value the individual, believe that there is great strength in our differences, and strive to respect the importance of our lives outside of work. We are committed to maintaining an asset and employee base that is consistent with our core values and our investment focus.

INVESTMENT STRATEGY

Megunticook's investment strategy is focused on 1) discipline and expertise within target sectors, 2) developing and maintaining deal flow in the smaller transactions niche, 3) intensive due diligence and 4) active monitoring of its investments. We focus on companies in four industry categories: technology, media, business services and communications. Sample target investments include the following:

	Electronic delivery of products and services.
	Niche opportunities serving wired and wireless communication.
	Tools that support gathering data and marketing directly to targeted customer groups.
	Technology that integrates non-compatible information sources.
	Services and products that facilitate electronic commerce, particularly on the business-business side.
	Unique and compelling niche content for the electronic world.

The principals bring a particular perspective, based on successful careers in operating companies and in venture investing, to Megunticook. In addition, we have significant prior experience working together, and this history of teamwork has created an energized and efficient work culture. Our partners have:

	Strong operating backgrounds.
	Deep industry contacts.
	Financial, media, telecommunications expertise.

For our Investors

Provide our investors with superior long term capital appreciation through the development of a diversified portfolio of private equity investments.

For our Companies

	Provide advice and consulting services when our extensive operating experience in the media, communications, high tech and business services industries is needed.
	Work with management to formulate company strategy, develop operating budgets, organize future financing rounds, identify and recruit seasoned operating executives to join the Board of Directors and management teams.
	Focus on necessary execution milestones.
	Regular contact over most fragile period of life cycle.

Stage and Size of Investment

	We are often the first venture funding that a company receives. Our initial investment is usually between $500,000 and $3 million. We typically maintain a reserve for follow-on investments.
	We are the lead investors in most of our financing.
	We can be a co-investor when the other institutional investors are known to the team and share the same investment philosophy.

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INVESTMENT PROCESS

We function as a team. Our portfolio companies have access to every member of the team.

Step 1
To start the process, we ask that you submit an executive summary. Our analysis focuses on the industry, market, competitive dynamics, the management team, revenue model, and the technology. Our initial review is usually two weeks.

Step 2
Once an investment passes this initial screening process, we begin the extensive due diligence process that includes a series of face-to-face meetings where we explore the ideas and challenges presented in the business plan and deeper analysis of the elements described in Step 1. At the conclusion of the due diligence process, we discuss the terms of the investment.

Step 3
After this extensive due diligence process, the Investment Committee will make a determination regarding the strategic opportunity presented by the investment and the pricing of the equity interest to be considered by the Funds.

Step 4
After being approved by the investment committee, we execute the funding.

Ongoing
After receiving funding, we dedicate ourselves to the success of our portfolio companies.

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