Doug Overbey

Entrepreneur, Angel investor Freedman still has eye for startups<br>after selling majority of tents-events biz to PE funds

Jul 21, 2016 at 02:45 pm by miltcapps

NASHVILLE Angel investor Joe Freedman may have a bigger cache of pixie dust for startup investments following the sale of majority interest in Nashville and Atlanta tents and.... Read More

Venture Notes 14 July 2016

Jul 14, 2016 at 05:30 pm by miltcapps

Today: LaunchTN directors hired - EvolveWomen redux? - Martin money in IHT - GetStarted startup - FiveWorx M&A - SolMates - Carmichael rides again - Angel Tax Credit - Ort.... Read More

Stony Creek Colors eyes $8.6MM capital raises now thru 2018

Mar 28, 2016 at 05:30 pm by miltcapps

STONY CREEK COLORS based here has raised more than $600K toward a $1.6MM round and projects raising a further $7MM in equity and debt financing, in steps between now and 2018..... Read More

Venture Notes - March 17, 2016

Mar 17, 2016 at 04:15 pm by miltcapps

Chamber's Ross VU venture - TechPulse - Angel Tax CreditSmartFurniture + Relevance raises PULSECHECK - Nashville Area Chamber of Commerce Chief Economic Development O.... Read More

XOEye Technologies wearables gameplan could include Series B in 2015

Dec 15, 2014 at 03:27 pm by miltcapps

Updates: Aug. 7, 2019: XOi announced $11MM Series C raise, with PeakSpan, Grotech, Vocap and NCN. Could mean total capital-in has passed $18MM, based on Crunchbase. Dec. 11, 2.... Read More

Strategy for gauging 'transformative' TNInvestco value yet to be determined

Dec 10, 2014 at 09:37 am by miltcapps

Update: The Tennessean reported 29 Dec. 2014 that General Assembly House Speaker Beth Harwell is guiding a review of the process by which Fiscal Notes are developed for the Ge.... Read More

Startup Garage Coffee enters E. Nashville,<br> Garage Leathers widens accessories line

Oct 20, 2014 at 12:42 pm by miltcapps

Update: Aug. 6, 2015 - Garage Coffee's in a JV with The Family Wash music/dining venue at 626A Main Street, E. Nashville. - Ed. GARAGE COFFEE, headquartered in Nashville's Mar.... Read More

TNInvestco 2.0 prospects uncertain, entrepreneurs<br> and investors begin charting path forward

Oct 15, 2014 at 02:03 pm by miltcapps

TNInvestco, the State of Tennessee's unprecedented capital-formation program, is perhaps mostly widely appreciated for the buzz it created for the state upon its debut in 2009.... Read More

People: TuneCore's Kennedy sees Nashville as 'heaven for creators'

Sep 29, 2014 at 12:45 pm by miltcapps

Update: TuneCore was acquired by Believe Music of Paris, France, on undisclosed terms in 2015.-Ed. THE WALLS that once separated roles within the Music industry have mostly fa.... Read More

Reporter's notebook: TNInvestco 2.0

Sep 25, 2014 at 11:00 am by miltcapps

TNINVESTCO is the subject of this reporter's notebook entry, which is offered as a glimpse into the mindset that partly shapes our coverage of the issue. The Tennessee TNInve.... Read More

New Beasley-Rolfe PE firm targets 'business orphans'

Apr 11, 2011 at 07:54 am by miltcapps

Entrepreneurs Lyle Beasley and Bob Rolfe have formed West End Holdings LLC, a private equity firm looking to buy companies that "should be making money," but aren't, Beasley t.... Read More

TCRS PE commitments hit $349 Million<br>with decision on Bessemer Venture Partners

Apr 06, 2011 at 08:46 am by miltcapps

Updated 3:35 p.m.: Sen. Overbey told VNC he withdrew his proposal after hearing concerns from agency staff members and intends to resume exploring the matter, this S.... Read More

Betancourt launches QuikQ transactions venture

Dec 02, 2009 at 02:00 pm by miltcapps

Ernie Betancourt, former owner of Innovative Computing Corp. in Brentwood, has launched QuikQ LLC, another software company. Just yesterday, Betancourt announced the sale of.... Read More

TNInvestco engine warms-up, as funds pass crucial test

Dec 02, 2009 at 02:00 pm by miltcapps

Updated 9:09 a.m., Thurs., Dec. 3, to make clear in the 11th paragraph that Overbey and Sargent have expressed interest in exploring the Administration's plans to seek $40 mil.... Read More

Venture Capital tax credit approved by General Assembly

Jun 18, 2009 at 10:12 am by miltcapps

UPDATED: 5:52 P.M. June 18, 2009 -- Enabling legislation will go to Gov. Bredesen and is likely to become law, soon. The Senate voted 30-0 in favor of passage at 5:52 p.m. T.... Read More

Update: VGT's Yarbrough investing along twin paths

Jun 18, 2009 at 10:12 am by miltcapps

As previously reported by VNC, Smyrna-based Video Gaming Technologies founder and CEO Jon Yarbrough is still aiming to invest roughly $100 million in other ventures, during th.... Read More

State venture-capital incentive gains traction in Gen. Assembly

May 01, 2009 at 08:37 am by miltcapps

A House subcommittee voted earlier this week to support increasing venture-capital investment in Tennessee businesses. On Tuesday, after a series of pointed questions from an.... Read More

Sidebar: Opinions on CAPCO vary among VCs

May 01, 2009 at 08:35 am by miltcapps

As previously reported by VNC, venture capitalists, particularly those who want state incentives managed by Tennessee firms, have differing opinions on the legislative proposa.... Read More

Petra Capital makes $5MM tech investment

Apr 06, 2009 at 12:22 pm by miltcapps

Petra Capital Partners has made its first investment in NuView Systems Inc. of Wilmington, Mass. Petra said in a company release that its investment in NuView is $5.... Read More

General Assembly spotlights venture investing

Apr 06, 2009 at 12:22 am by miltcapps

Tennessee private-equity and early-stage venture investment may soon get another boost from the General Assembly. During a meeting Thursday, venture-capital executives who are.... Read More

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