PerpetuatingVentures

"I looked for over 8 months for the right partner for my mobile idea. Finally, after many discussions with people I knew in the software industry, I was referred to Perpetuating by two different contacts. I was told that Perpetuating and it's founder Sanjay Patel were doing amazing things in the mobile app space. So, I reached out to Sanjay and then met with him and his team in Boston. I was amazed at what I found. Perpetuating has a spirit and capability unlike any other company I have ever worked with. There is a freshness and "eyes wide open" ability about the place. The team shared my enthusiasm for the idea and they had the capability to enhance and then execute on our jointly developed plans. We had a working prototype within a very short time and released the first app within 6 months.

The business we are building is based on joint ownership. When we got our idea to the point where it could attract funding, our potential investors had other ideas about how things should be done. This was a critical point that would have put the company on a "rocket ride" before it was ready. Perpetuating worked with me to figure out what was right for the company and not surprisingly, it wasn't to sell out so quickly. Together, we got through this and ended up with a stronger relationship including shared ownership and bootstrapped funding.

One of the hallmarks of a great venture firm is their ability to treat each entrepreneur as an individual. In my case, I had a significant career in a tangential industry with a family and other obligations. This usually means a "no go" for most VCs. But not Perpetuating. I need all of the partner that Perpetuating has been both financially, technologically, and from a management standpoint. However, I have also seen them partner with firms where a dedicated CEO wanted more control. My point is that unlike most VCs, Perpetuating is able to engage with a start-up in several ways and at many levels, all related to the needs of the entrepreneur and the idea.

Finally, Perpetuating's founder Sanjay Patel is a smart, practical, and successful businessman with a spiritual and intellectual curiosity. His heart and his head drives the culture and capability of the company, synthesizing cross-cultural themes drawn from his family and his own experience. From this fertile background come rich values that guide and shape the strategy of the company. In the years we have worked together on this business our mutual respect and partnership has deepened, bringing vitality and growth to the original ideas that formed the business. I would extend this experience to my work with Tim and Rupal as well as our development team. In many ways, Floa's corporate history is only beginning. But, it has been Perpetuating that has made this possible."

Jonathan Stowe, CEO and Co-Founder, Floa Corporation

"Perpetuating's partnership was a major advantage in building LineJump. Sanjay and Rupal not only facilitated brainstorming sessions where we discussed design and development ideas, but also engaged with us on our marketing plan, fundraising strategy, and other critical business decisions."

Bradd Kern, Co-Founder, Line Jump