Bass, Berry & Sims M&A and private equity attorney Ryan Thomas offered guidance for Nashville-based companies seeking funding in a guest column for Nashville Business Journal's special report on venture capital. According to Ryan, despite being among the fastest growing economies in the country, Nashville's funding gap presents a challenge for local companies seeking sizable investments. However, companies seeking larger checks of $20 million to $50 million can navigate that challenge by either creating a local syndicate of investors or looking to the coasts for large-scale investment firms. Regardless of which option a company picks, Ryan offers the following advice to build networks that help secure larger funding:
- Develop relationships with experienced advisers;
- Attend meetings of investment-oriented organizations; and
- Identify and network with local and national power players of investment.
The full article, "Landing Local Capital, Big Money in Nashville," was published in the March 20 issue of the Nashville Business Journal and is available online (subscription required) or in the print edition.