Guest Blog Wednesday – from John Campos

Today’s post is courtesy of John Campos of Diversified Insurance Venture Practice Group. John is a Vice-President at Diversified Insurance Group and works primarily with Emerging Growth, Technology and Franchise Companies. If you want to get a quick bio click HERE. Enjoy!

Launch Magazine

Kent Thomas of CFO Solutions referred me to Launch, a free online mag for entrepreneurs. I thought this issue was very useful, including the following topics of interest:

• The Myths of Entrepreneurship
• Entrepreneur Risks vs Rewards
• Funding Options for Startups
• Making Sense of Venture Term Sheets
• Opportunities vs Ideas

In talking with one of my clients the other day, I casually asked them about their exit strategy, inferring that they’d be acquired. The looked surprised and asked, “Why would you say that?” Turns out my assumption was correct – I might have them as clients for a couple of years before a larger company absorbs them (and their insurance).

It’s the nature of the business – and the space in which our Venture Practice Group plays. Perhaps a future, more accessible IPO market will change things, but I’m not holding my breath. For my part, I congratulate my former clients and future former clients, since many of them cannot resist the entrepreneurial bug and will call me back for the next round…