[ For additional information, see the website noted above. ] ----------------------------------------------------------------------------------------- PCN San Diego is a local chapter of Private Capital Network (PCN) – a growing association of private investors located across various states and provinces in multiple countries. The network also includes certain reciprocal-membership and/or deal-sharing arrangements among the chapters, and selectively with other angel groups, investment funds, and venture capitalists.
Membership is by invitation only. All Investor-Members of a PCN chapter must assert their qualification as an Accredited Investor as defined by the U.S. Securities & Exchange Commission, and must meet any relevant requirements of other authorities within their respective jurisdictions.
In most cases, any investment is made privately between each interested Investor-Member and the subject company. By policy, PCN discloses very little or no information regarding the number, size, or nature of the individual or collective investments made by its Investor-Members and/or other associated entities.
Cooperative efforts among interested Investor-Members in due-diligence investigations are typical, and a common set of terms for investment is usually employed by all PCN Member-Investors in any given round of fundraising.
PCN San Diego considers investments in early-stage companies, growing companies with revenue, and developing and commercialization of various technologies. PCN San Diego has no restrictions in industry or geographic location of the companies in which its members may invest. In fact, because of the national and international scope of PCN chapters, PCN San Diego has seen companies from all parts of the US and also from Canada, Denmark and Sweden.
The breadth of the PCN approach increases the benefits of both investor-members and companies looking for funding by allowing unprecedented access to angel investor resources.
PCN San Diego typically meets the fourth Tuesday of the month at a location convenient to its members. Usually three to four companies seeking funds will present. These companies are carefully selected from wide pool of applicants and have survived a pre-qualification process conducted by key PCN members.
Available time slots for chapter-meeting presentations are limited. In some cases, potentially attractive opportunities for which no timely opportunity to present at a PCN chapter meeting may be routed, at the sole discretion of PCN and with the consent of the funds-seeking company, to other channels of potential funding.
It is not uncommon for Investor-Members to provide useful insights, introductions to potential key customers or business partners, and/or other sources of value to presenting companies, even if the Investor-Member(s) are not interested in pursuing actual investment.
There is no guarantee that applying companies will be invited to present to any chapter. There is no guarantee that any company presenting to one or more chapters of PCN will receive any follow-up consideration beyond the initial presentation. There is no guarantee that any level of funding whatsoever will be received.
To be considered by PCN San Diego for inclusion in its formal screening process, a non-refundable fee of USD 50.00 is required with the initial application. Each company that is ultimately invited to present to a meeting of PCN San Diego and/or other PCN chapters also must complete a formal agreement and then pay an additional, non-refundable fee of USD 1,500.00 for each chapter to which they will be presenting. A higher fee may apply for some other chapters.
For those companies which officially receive and accept an offer to present at a PCN chapter, the obligations of PCN are fulfilled upon provision of that presentation opportunity on a mutually agreed date, and the subsequent forwarding of limited contact information for any Investor-Member interested in further discussions. All subsequent obligation(s), if any, are between the individual potential investors and the subject company.
PCN San Diego Invests In These Industries
• Business Products and Services
• Internet / Web Services
• Clean Technology
• IT Services
• Computers and Peripherals
• Medical Devices and Equipment
• Consumer Products and Services
• Financial Services
• Networking and Equipment
• Healthcare Services
PCN San Diego Invests In Companies That Have Reached The Following Milestones
Prototype Ready - More than $50M in Trailing 12 Mo. Revenue
Concept OnlyProduct In DevelopmentPrototype ReadyFull Product Ready$500K in Trailing 12 Mo. Revenue$1M in Trailing 12 Mo. Revenue$3M in Trailing 12 Mo. Revenue$5M in Trailing 12 Mo. Revenue$10M in Trailing 12 Mo. Revenue$20M in Trailing 12 Mo. Revenue$50M in Trailing 12 Mo. RevenueMore than $50M in Trailing 12 Mo. RevenueMore than $50M in Trailing 12 Mo. Revenue ►◄ Concept Only
PCN San Diego Invests In Companies With These Funding Needs
Pre-money Valuation: USD0 - USD50,000,000
Capital Seeking: USD250,000 - USD10,000,000
Previously Raised: - Not Entered
PCN San Diego Expects Their Investments To Generate
Expected Revenue By Year 5: - Not Entered
Expected Returns: 5x Investment - 50x Investment
Expected Years to Exit: 1 Year - 6 Years
Expected Years to Break Even: 1 Year - 3 Years
PCN San Diego Investment Portfolio
Ask to Join as an Investor
Are you an accredited investor? Ask to join PCN San Diego by filling out their Membership Application.