Independent rating of Welcome VC fund
Overall rating:
5 reviews
About Welcome VC fund
How Welcome VC fund invests
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Founders' reviews of Welcome VC fund
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Save Yourself 12 Months and Thousands of Dollars
It would be better to be unfunded today and know it rather than pay Green hills good money to string you along for 12 months before not funding you. Look for alternatives now.
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Andre Burger No Longer with the Firm
Andre Burger is no longer with CRP. As of September 2007 he is at Fama Private Equity.
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Something Doesnt Smell Right
I was solicited by an associate of to present to Mr. Martinez. I pitched and received 2 days later what has now become the standard MO for. I got a consulting agreement from them requiring me to pay them $12k in return for locking me up to only taking money from their investors or having to pay a "break up fee" of a percentage of whatever I raise elsewhere.
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Don't Even Bother
The previous poster is dead on. We went through an initial meeting where Mr. Martinez posed as a VC, and then we got the "term sheet", which was essentially a non-refundable, no recourse consulting deal for them under the guise of "due diligence". Once I was done laughing, I got angry, and then just moved on. Don't bother making calls there or taking calls from there.
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Ventures, Llc
Ventures solicited our company to make the introductions to potential investors. Emanuel Martinez at Ventures, LLC requested our company to pay them $15,000 upfront for introductions to potential investors. After they collected the money, they prepared the ugliest power point presentation, I have ever seen. I called them non stop for several months asking them to provide the service that we paid for. In the end of one year period Emanuel Martinez finally set up one presentation. I could tell, it was a setup to get him off the hook. As I expected, that was the end of it. They are very experienced rip off artists. Please do not let this happen to you.