We have no sector specific investment criteria. We seek out companies with leading edge technologies and services founded by entrepreneurs with experience in seed and early stage businesses. We have a preference for companies that have an engaged board of directors or will agree to one in the near future. We are flexible about valuation, although want to see a way forward for making at least 5 times our money.
Our due diligence is not extensive or time consuming. We rely on our many years of experience to gauge the opportunity and the management. We expect reasonable investment terms and conditions and utilize experienced counsel with that in mind. We often refer opportunities to a close group of experienced business friends to participate.
Robert E. Keith Jr.
Bob is one of the co-founders of TL Ventures, a venture capital firm that has managed $1.5 billion of capital. Prior to founding TL Ventures, his 22-year career at Fidelity Bank in Philadelphia, a leading regional commercial financial institution, saw an ever increasing level of responsibilities. When he left the bank in 1989, he was the Vice Chairman responsible for most of the bank’s commercial lending and non-banking subsidiaries. He oversaw significant growth and market expansion during his tenure as well as entry into new service markets such as investment banking. He is a graduate of Amherst College and Temple University School of Law.