This is the second edition of EEC Perspectives to focus
on "Series A" and first round financings. This EEC
Perspective presents data and analysis on the number and size of
Series A transactions in the New England region and, with respect
to numbers of transactions, nationally for the first six months of
2008. It also reports and provides analysis on certain key terms of
the New England transactions.
For this issue of EEC Perspectives, we have asked
Maria Cirino of .406 Ventures, an
early-stage venture capital firm, to comment on Series A
financings. Maria points out, among other things, that, picking the
right people for your team is the most important determinate of
success once the venture has been funded. We plan to bring you
other points of view in future issues of EEC
Perspectives.