Syndicate Details
- Participation is limited to individuals that meet Accredited Investor qualifications
- No upfront capital commitment from LP to back the syndicate
- No minimum participation requirement (LP can opt-in or opt-out of any deal presented)
- Minimum LP investment on participated deals: $1,000.00 (most deals)
My Background
The Foundation
- My story began in a suburb of Pittsburgh, PA – a tough, blue-collar town
- Raised by resourceful parents that both lacked a college education - yet had the grit and resiliency to forge their own path and become successful entrepreneurs
- Post-college, caught the entrepreneurial bug and felt compelled to immediately make an impact for the family biz (Deacon - Industrial Sealant Manufacture)
- As an operator, wore every hat imaginable from: finance, ops, biz dev, marketing, etc.
- Strategic initiatives that accelerated growth started attracting buzz as we began receiving interest from prospective buyers (private equity, strategic acquirers, public investment firms)
- Successful exit to publicly traded investment firm (CSW Industrials) & exhilarating journey built the foundation for what would propel my next chapter & present day focus:
“Partnering with visionary founders solving problems capable of shaping the future of technology”
Next Chapter
- MBA (Strategy, Finance); The Ohio State University, Fisher College of Business
- Corp Dev @ HBM Holdings - middle market investment firm in St. Louis, MO
- Financial Modeling & Valuation Analyst (FMVA)®; Issuer: Corporate Finance Institute®
- Venture Capital Executive Program; Wharton School, University of Pennsylvania
Present Day
- Residing in a thriving startup ecosystem in Columbus, OH
- Venture Partner for VU Venture Partners (Pre-Seed – Series B)
- Active Investor (50+ Investments via Direct Investment & Syndicate)
- Full-time vision to align Bruckner Ventures with top-tier investment opportunities
My Unfair Advantage
- Entrepreneurial Foundation – operational skillset critical in identifying & resonating with unique founders capable of executing the vision
- Continuous Learner – (read ~1 book/week) + fueled by tremendous curiosity for the future of technology & innovation
- Generalist – know a little about a lot + can build conviction fast
- Responsiveness – inbox zero mentality. You'll be hearing from me very quickly.
- Deal Guy – sourcing deals is a passion. Unconventional methods to find deals early. Rolling up the sleeves, getting scrappy and resonating with Founders is my competitive advantage.
- Full-Time Endeavor – building Bruckner Ventures will receive all of my time & energy
Investment Thesis
Bruckner Ventures targets partnerships with founders disrupting enormous market opportunities capable of generating outsized venture returns (10-100x+).
We will target rounds that are led by Top-Tier VCs capable of adding tremendous value.
Bruckner Ventures will be extremely selective (~1% investment rate) given our robust pipeline of opportunities.
Stage + Allocation Target
- Stage Focus: Pre-Seed - Series A
- Target Allocation: ~$100K-$500K+
Vertical + Geography
- Frontier Tech - AI/ML, Robotics, Space, Transportation
- United States
Team
- Prefer investing in multiple founders that operate with integrity + passion + laser focus
- Ability to lead + execute long-term vision + attract talent + raise capital
- Prior startup experience (success or failure) + resilient + ability to iterate quickly
Problem + Solution
- Clearly identified pain point void of a sufficient solution in the market
- Value proposition effectively communicates the uniqueness of the solution
Market Characteristics
- Total Addressable Market (TAM) of $10B+
- Market is or will soon experience rapid growth + market evaluated for proper timing
Metrics + KPIs to Evaluate
- ARR, MRR, ACV, AOV, ARPU, Revenue Growth Rate, Gross vs Net Revenue
- Unit Economics, LTV/CAC, Gross Margin, Contribution Margin, Capital Efficiency
- Available Runway, Burn Rate, Path to Profitability, Additional Funding Needs
- # Users, # Active Users, # Paying Customers, Customer Churn Rate
Traction
- Evidence of early-traction and confirmation of product/market fit
- Targeting ~6+ months of continuous user and/or revenue growth (20-30%+ MoM)
- Targeting ~18+ months of remaining runway post-funding
Sustainable + Unfair Competitive Advantage
- Long-term defensibility achievable at-scale to become dominate category leader
- Creating breakthrough technology - not just incremental improvements
- Unique growth hacks + viral capabilities/strong network effects + strategic partnerships/advisors
- Competitive landscape fragmented – no dominate category leader
“Definite optimism works when you build the future you envision. What valuable company is nobody building – have you identified an opportunity that others do not see?” - Peter Thiel
Milestone Roadmap + Exit Opportunities
- Strategic + logical roadmap presented to hit critical milestones + achieve scale
- Viable strategic exit opportunities exist + IPO possibility
Investment Terms + Signals to Target
- Favor Priced Rounds: Preferred Stock, SAFE (Capped), Convertible Note (Capped)
- Try to Avoid: SAFE (Uncapped) and Convertible Note (Uncapped)
- Pro rata + Information rights
- Top-Tier VC-lead + Insiders following-on
- Outbound – building pipeline by leveraging premium outbound platforms
- Inbound – proprietary network of LPs, Founders, VCs, and Angels providing referrals
- Inside Access – Accelerators, Demo Days, Pitch Events and Universities