Grant McClure

So great to speak to Mohammed Islam on The Mo Show podcast last week! Watch the full episode here!

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Mark your calendars! 📢 Get ready for an unforgettable event! On September 11th, 2024, Paul Carbone, Co-Founder and Vice Chairman of Pritzker Private Capital, will be a keynote speaker at TFOA's 10th Annual Single Family Office Symposium in Dallas, TX. Paul has been recognized as one of the Top 100 most influential people among family investors and family enterprises and has received numerous awards for his contributions to the private equity industry. Paul serves on the board of trustees or directors of The University of Chicago, University of Chicago Medical Center, The Art Institute of Chicago, The Larry H. Miller Company, and Misericordia Home. He also serves on the Board of Advisors for Morgan Street Holdings. In addition, Paul is a member of the Commercial Club of Chicago and the Economic Club of Chicago. Paul received his M.B.A. from Harvard Business School and his B.A., Phi Beta Kappa, from The College of the University of Chicago. But that's not all! Sunny Vanderbeck, co-founder of Satori Capital and best-selling author, will be moderating the fireside chat with Paul. Sunny is an investor, entrepreneur, and former military leader focused on accelerating the growth of mid-market companies and creating best-in-class, built-to-last businesses. He has received numerous honors, including an “Entrepreneur of the Year” finalist designation from Ernst and Young. Before founding Satori, Sunny co-founded and served as CEO of Data Return, a leading provider of managed services and utility computing. The company sustained 40% quarter-over-quarter growth for more than three years and reached a $3 billion market capitalization, making Sunny one of the youngest CEOs ever to lead a Nasdaq company. Don't miss this opportunity to hear from these two industry leaders and gain valuable insights! Why is TFOA’s Annual Single Family Office Symposium unique? ✔️ Attendees are family office executives and principals who actively engage in our single family office community throughout the year. ✔️ Speakers are invited to attend based on their expertise, not because they pay for the opportunity. ✔️ Sponsors are aligned philosophically with our long-term relationship and brand building approach. There is no solicitation. ✔️ We partner with top universities to emphasize our commitment to learning and education. Profits from our Symposium are donated to our university partners for student scholarships. ✔️ TFOA is not a commercial organization. Everything we do is designed to ensure a high quality and high impact experience for our stakeholders. We hope you can join us this year. The high-level agenda and programs from prior Symposiums are available here: www.tfoatx.com/symposium #familyoffices #familybusiness #familywealth #SMU

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🧬 This week's Austin Bio + Health Roundup highlights significant data trends, my stance on covering funding announcements, new partnerships, and action across the Texas Bio Triangle. 🧬 💰 Funding: The Way I Plan to Cover Funding Announcements You may have seen reports of a local Bio & Health startup’s funding round through an SEC report filing. While some outlets have covered this, my position is not to. I prefer to support our builders directly rather than trolling the filings for scoops. There is plenty of real investigative journalism that our city would be well served by if that is where they focused. Remember I am not a journalist and I am not the media. When the company is ready to announce their round officially, I’ll gladly shout it to the rooftops. 📊 Data Peter Walker at Carta reports that in 2017, Biopharma and Medical Devices captured just under 10% of all VC dollars. By 2023, this figure rose to 17.7%, and in Q1 2024, it reached 24%. The overarching tailwinds favor our sector and region with trends towards Bio & Health and the physical & digital intersection. Energy and hardware, two other sector blossoming in Central Texas, also saw similar share gains. 🤝 M&A and Partnerships Sensi.AI, a 24/7 senior care intelligence agent, is partnering with Caring Senior Service to deploy SensiAI’s platform in Caring’s 50 locations across the US. This partnership allows seniors a better opportunity to age gracefully in their homes. 🚩 Texas Bio Triangle BioMedSA is hosting an event called Women in Bioscience, Thursday June 20th. It’s designed to connect and empower women in the bioscience industry across Central Texas, and features Randi Brosterman Hutchens discussing "Building your Personal Board." Find the link to the event in the comments. Houston-based Lokum, a staffing solution to connect clinicians and clinical staff to health care facilities, has raised a $700K pre-seed round. Congrats Ayoade (Joy) Ademuyewo on the raise. What’s Next? #AustinNext #LifeSciences #Healthcare #Biotechnology

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The power went out and he just kept pitching. In the dark. One of my favorite things that happened at the Seed to Growth Conference could have been the worst thing that happened. Fahim Rahim, M.D, MBA was on stage presenting about Nephrolytics and the power at the entire Sun Valley resort went out. No lights, no screens, no deck, no windows. What did he do? He just kept pitching. He didn’t pause, didn’t stop, didn’t quit. This is a great example of two things- 1) Founders are constantly dealing with very hard things and unexpected crisis. The best ones just keep moving forward. 2) There is always an opportunity- even when something bad happens. Everyone in the room sat transfixed as Fahim just kept going in the dark. What could have been a disaster turned into one of the most impactful and memorable things at the conference. Don’t quit. Find opportunity. PC: David K. Gardner #venture #idaho #seedtogrowth

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90% of technology M&A is below $100m 😬 95% of technology M&A is below $250m 🥵 97% of technology M&A is below $500m 🤯 What do these mean? Valuation discipline (for investors) and capital efficiency (for founders) are super important 🤔 KeyBanc Capital Markets shared an insightful analysis of the technology M&A market in the US. While the media glorifies unicorns, only 1% of M&A deals exceed the $1b mark. "contrarian" move: Raise less at reasonable valuations 🤷🏻‍♂️ BTW... this table doesn't highlight this but huge respect for the founders whose startups got acquired 🙏💪 Because the majority of companies are shut down. #mergersandacquisitions #acquisition #exit #startup #venturecapital #valuation #strategy #technology #investmentbanking

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Avi Abrams joins me to discuss his journey from one of the 1st hires in a startup that raised $50 million to starting a business. Avi was at Humi, an HR SaaS company, for 7 years, leading product during its incredible growth, before leaving to start a business. He shares his lessons for building and selling products, understanding customer needs, and being a "mechanical Turk". We also delve into his decision to leave soon after the $25 million Series B raise to start his own business. But his entrepreneurial path wasn't smooth. He experimented with many products and services before happening upon his outsource recruitment firm, El Niño, by accident. And now Avi's business is in hypergrowth mode in a crowded market. Avi was an entrepreneur in search of a problem to solve and his efforts often fell flat. A great insight from his journey is that when one truly finds "product market fit" and "founder product fit", momentum builds naturally. Word of mouth becomes an engine for growth, and many of the perceived challenges of starting a business are mitigated. Why I love Avi's story is that many Millennials can identify with at least 1 part of his journey. Most of us can take something away from his insights, especially if we think we've hit a wall or are frustrated with our perceived lack of progress in our career or business. #startups #venturecapital #investing #business

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Here we go! The Extra Innings Ventures team, including Jacqueline Dinsmore, Mohamed (Mo) Al-Borno, and I, will be attending Collision this week! We're looking forward to connecting with fellow founders, investors, and innovators. If you're attending, let's connect! Reach out to us via LinkedIn, and let's schedule a meeting. Whether it's this week or in the coming weeks, we'd love to chat about your projects and explore potential. Looking forward to a great conference and meaningful connections! #Collision #Startups #Investors #Innovation"

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Should you sell your practice to a VC-Backed MSO Startup? tldr: - new VC-backed startups are forming MSOs to roll up independent practices - The pitch is physicians receive early liquidity from the roll up and are granted ESOP shares that can be used for retirement - Problem is the use of ESOPs with independent practices is not a new concept and has been used with large group practices since the 70's - ESOPs do not grant full ownership and in order for the shares to be valuable for retirement, the practice needs to run the same if not better post roll up - With VC-backed startups being primarily operated by non-physicians with zero clinical or medical practice experience, the likelihood of this happening is extremely low making the entire concept high risk However, there is a viable path for continued ownership + liquidity for independent practices. Check out the article to learn more. ⤵ https://lnkd.in/gmGvTYwP

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Volunteers needed to write out postcards for #climateactionvoting. Citizens Climate Lobby (cclusa.org) needs to send 40,000 postcards for Texas on October 15! CCL is a nonpartisan group that is united in cause - to elect officials that will make key climate policy decisions. So if you are looking for a way to support climate, look up your local chapter and sign up. There are many ways to take action and meet people who are willing to do the work. #volunteering #climatechange #voteforclimate

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Last week, mid-market companies were trading hands faster than picks at the NFL draft. 10 notable MM PE deals from the past week: ➡️ Incline Equity Partners invested in VMG Health, a TX-based compliance, strategy, and transaction advisory firm serving the healthcare industry. ➡️ Serent Capital acquired Medical Informatics Engineering, Inc., a provider of healthcare IT software for the occupational health market. ➡️ Celebrity Coaches, LLC, a TN-based portfolio company of Allied Industrial Partners, acquired Moonstruck Leasing, an entertainment coach leasing company. ➡️ Granite Creek Capital Partners, L.L.C. in partnership with Boathouse Capital, invested in DCG, a full-service strategic comms firm serving federal government clients. ➡️ Apax Digital invested in IANS, a MA-based provider of research and advisory services for the infosec market. ➡️ The Stephens Group, LLC partnered with VisionSafe Corporation - EVAS, a HI-based provider of aircraft cockpit smoke displacement systems. ➡️ Gamut Capital Management is set to acquire DEX Imaging, a provider of managed print services across industries. ➡️ Century Park Capital Partners acquired Total Access Elevator, a CA-based provider of commercial elevator modernization, maintenance, and repair services. ➡️  Shoreline Equity Partners invested in Prime Meats LLC, a GA-based processor and distributor of proteins. ➡️ Family office CC Industries acquires Foremark Performance Chemicals, a producer of formaldehyde and derivatives for the petrochemicals industries. #PrivateEquity #MergersandAcquisitions #Acquisitions #PE #Acquisitions

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Day 74: 10 Pro Tips to Make Your Startup Pitch Deck Pop! Nail Your Pitch: Essential Startup Pitch Tips from the Founder Institute. Happy Friday, Friends! Today, I’ve got a 🔥 resource for you from the Founder Institute Texas that you NEED to check out if you’re working on a startup pitch. After seeing 1000s of pitches over the last 5+ years, I can tell you that nailing your pitch is an ongoing journey. You'll always find ways to sharpen it, tighten it, and make it hit harder. Trust me. So, to help you along, here are 10 tips to make your pitch deck pop and leave people saying, "Wow, this founder knows what's up!" 1️⃣ Focus on storytelling: No one cares about just facts—give them a story that pulls at their heartstrings (or at least keeps them awake ). 2️⃣ Structure matters: Follow a simple flow—problem, solution, market, traction, team. If you can’t explain it in that order, are you even solving a problem? 3️⃣ Keep it concise: You’ve got 10 minutes max. If you're taking longer, they’re thinking about lunch. 4️⃣ Prioritize content over design: A slick design is cool and all, but can you just make sure your content isn’t cluttered first? Please. 5️⃣ Use conversational language: Ditch the tech jargon and buzzwords. Talk to them like you're explaining it to a 10-year-old—simple, clear, relatable. 6️⃣ Show, don’t just tell: Demos, screenshots, whatever you’ve got—use them. Don’t just talk about your brilliant idea; prove it works. 7️⃣ Practice, but don’t aim for perfection: Things will go wrong. It's fine. Be prepared to roll with it. 8️⃣ Be prepared for questions: If someone stumps you with a question, don’t ramble. Take a beat, answer, and move on. Less awkward that way. 9️⃣ Demonstrate execution ability: Ideas are cool, but execution is KEY. Show you’re not just dreaming—you’re doing. 🔟 Build relationships: Your pitch isn’t a one-off—it's the start of a relationship. Get them hooked so they want to see you again. Want more? Check out the Founder Institute NTX’s cohort and get the tools and support to build something amazing: https://fi.co/dallas Your pitch is just the beginning—go make them believe in your vision! Who's ready to crush their next pitch? Tell me what part you struggle with the most in the comments. Let’s make the next days of our journey count, filled with more stories, inspiration, and community impact! P.S. Want to get involved? If this resonates, repost, to share with others ♻️ and follow Javy Martinez for more in the future.

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🧬 This week's Austin Bio & Health Roundup features key insights from other regions, exciting funding news, major research advancements, and significant developments across the Texas Bio Triangle. 🧬 💡Insights from Other Regions & My 2 Cents Patrick Sisson in Bisnow reported on the Research and Development District in downtown San Diego, a 1.7M sqft multi-use life sciences project. Costing $915M, it has 0 signed tenants just months before opening. Don’t forget that the San Diego region is one of the world’s top Bio & Health clusters. The critical issue: "To this day, much of the life sciences real estate in San Diego tends to be more office park or campus-style sites that aren’t in walkable urban neighborhoods." So, what does this have to do with Austin? You need alignment between location, infrastructure, & sector. I am not convinced that 80%+ of Bio & Health companies work downtown. Keep this in mind when people pitch a downtown Austin Life Science Innovation district. 💰 Funding Workweek, a publishing platform for business professionals, closed a $12.5M Series A.  This is in the Roundup because their vertical, run by Blake Madden, focuses on healthcare. It’s also another case of Austin funding Austin as the round was led by Next Coast Ventures. Congrats Adam Ryan! Koda Health, a digital care coordination company for advance planning, raised its oversubscribed Seed+ round led by Austin’s own Ecliptic Capital. Super pumped for you Tatiana Fofanova, Ph.D.! 🔬 Research & Medical Advancements Eliah Overbey, Professor of BioAstronautics (what a cool era we live in) at Austin’s newest university, the University of Austin, published a series of studies in Nature on what space flight does to humans. Professor Overbey led a multi-institutional research team that obtained 3,000 samples from the SpaceX 2021 Inspiration 4 flight, resulting in a “10-fold increase in publicly available human space cell health data." 🏆 Recognition Christian Keil & Ryan M.’s BuildList, a viral database of critical tech companies, features numerous Austin companies including Paradromics Inc. & Harmonic Bionics, Inc. in Bio & Health. Way to go Matt Angle and Mark Hunter! 🚀 Launches, Expansions, and Milestones Wheel launched Horizon, their new AI virtual care platform with predictive care pathways and configurable, patient-centered care programs. Amazing work Michelle Davey! Keyspan is bringing their affordable biomarker testing and personalized coaching to Austin Simply Fit to enhance their fitness programs. Kudos Nate Taylor! 🏙️ Community Join the BrainCheck-Alzheimer’s Association brain health panel on June 20th, featuring Briaincheck CEO Kim Rodriguez. Link to the event in the comments. I’ll be attending & hope to see you there! 🚩 Texas Bio Triangle Solugen, a synthetic biology unicorn, secured a $214 million loan from the Energy Department to build a Bioforge, marking a significant step for Houston’s industrial bio sector. What’s Next?

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🧬 This week's Austin Bio + Health Roundup has acquisitions, funding, leader’s insights on national healthcare news, critical new infrastructure, and developments from across the Texas Bio Triangle. 🧬 🤝 M&A and Partnerships Subjectwell, a patient access marketplace connecting patients to clinical trials and treatments, was acquired by Windrose Health Investors.  This acquisition will also provide Subjectwell with additional capital for its next growth phase. 💰 Funding Thoughtful Automation, an AI company specializing in revenue-cycle management tools for healthcare providers, has announced its move to Austin and has secured $12.5M in funding. Congrats and welcome to Central Texas! 💡 Insights from Local Builders and Innovators Michelle Davey, Founder and CEO of Wheel, provided her commentary to FierceHealthcare on the recent exits from the virtual care market by major players Walmart and Optum. Michelle said, “It's not just about being big—it's about the platform that drives the care delivery itself - and how it's purpose-built to scale to mass adoption and repeat utilization." 🏗️ Infrastructure Dell Med is launching a Center for Rare Diseases, focusing on cutting-edge research and therapies. This initiative will support advances in diagnostics and boost awareness, providing critical assistance for patients and families dealing with rare conditions. 🚀 Launches, Expansions, and Milestones The co-founder of artist collaborative Meow Wolf is leaving to launch a new $15M wellness and spa experience in Austin. They are branding it as the “world’s first neuroscience-enabled spa,” bringing a new element to the Austin’s strength at the convergence of bio, health, and tech. 🚩 Texas Bio Triangle First Bight Ventures’ industrial biology accelerator, BioWell, is now seeking its first cohort of 10 companies, with applications due by May 15. The STRONG STAR Consortium has secured $17 million in DoD funding to address brain injuries, PTSD, and related conditions, which will launch 8 programs spanning detection, prevention, and treatment. As always, the news is as varied and dynamic as our region, let’s keep it up! What’s Next? #AustinNext #LifeSciences #Healthcare #Biotechnology

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👀 HOW DO WE GET DIGITAL HEALTH TO REFOCUS ON PREVENTATIVE CARE?👀 Enter Inbal Tirosh co-founder and CEO of the incredible Livez on this week's episode!! My favorite question to ask founders is what is your founding story? Tune in to hear Inbal explain her founding story, and how they are impacting patients lives and futures! Livez is built to make preventative care easy, convenient, and reduce claims. The Livez screening solution detect 85% of preventable diseases!! Reduces a whopping 75% of healthcare claims. How do they do this? Inbal jumps into it all with me, explaining, "All together if you take every person and they get a plan of what they need to get screened for, based on their individual profile, and their specific data, you can do that with fusion of big data, and you take them on a journey to prevent their predicted risks, based on family history and their own history and so on..." Then you automatically book them with follow up appointments. This is backed by health authorities, and by large insurers! Key Points 🗝 🌐 Livez screening solution covers more than 50 clinical domains and 120 screenings and vaccines, impacting 75% of healthcare claims. Livez is a preventive health platform that focuses on holistic screening and interventions to prevent chronic diseases. 🏥 The platform helps employers and health plans prioritize the health of their population by identifying health risks and guiding individuals towards appropriate interventions. This is an absolutely fascinating conversation about the new frontier of preventative care. Get on board, and tune in to this week's episode of the Digital Health Heavyweights Podcast Also- major teaser that their pricing is FULLY at risk. Why NOT? Learn more about preventative care, and how Digital Health is continuing to evolve!

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One of my favorite things is to have a conversation with builders & founders about the personal experience and complexity of working to bring new deep tech to the point where it makes a real difference in our world. So looking forward to this!

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This week Mikal Ventures brings you a 4-week breakdown of the US capital market with an emphasis on the Mikal verticals. Over the 4-week period ending July 8, 728 new companies were added, resulting in just under 96,400 companies included in the US Health Tech, Med Tech, Fin Tech, AI Tech, and Ed Tech verticals. AI Tech maintained its most active status, seeing the greatest percentage of growth in new companies, transactions and news articles. The US Fin Tech vertical led the way in SEC Filings. Mikal Ventures publishes these stats to provide a perspective on how the verticals and new startups move through time. We hope you find them informative and thought-provoking. VC Investors are always adjusting their "Play Book" with a variety of options for investing. Mikal Ventures is one of those alternatives, offering curated solutions to real world problems. Reach out if you have questions on how we can be of assistance and bookmark https://mikalventures.com/ for additional insights and information.

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Stony Hill Advisors, Inc. M&A Advisory services include M&A Coaching. If you've identified that acquiring a business (and/or additional businesses), selling your business, pursuing a merger (including reverse mergers), whatever it might be around M&A we can help. We can help you devise that strategy, and figure out what is best for your business. #MergersAndAcquisitions #BusinessGrowth #AskTheExperts #coaching #buyingabusiness Roy Y. Salisbury Geoff Miller Paul Visokey Joseph Radic Bryan Coble Dave Severance Johnny Cram Christopher Carroll

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Are you #Founder trying to nail your startup's #BoardMeetings? Check out this episode: "Mastering Early-Stage Board Meetings - Startup Finance Basics" on the This Week in Startups podcast. In this episode, Scott Orn, CFA provides great tips for #earlystage #startups that can help you align your board for future funding rounds as a new founder. Enjoy your listening >> https://lnkd.in/ez_ctDT9 #startups #entrepreneurship #earlystagestartups

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