Wikipedia:Articles for deletion/TVC Capital

TVC Capital

TVC Capital (edit | talk | history | protect | delete | links | watch | logs | views) – (View log · Stats)

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Company article tagged with

for three months. Little work done since article was to reduce heavy advertising bias. Asserts WP:NOTADVERTISING. scope_creep (talk) 18:20, 22 December 2016 (UTC)

• Weak delete - Most of the subject's coverage in the news is local and/or press releases. Meatsgains (talk) 18:47, 22 December 2016 (UTC)

Note: This debate has been included in the list of Companies-related deletion discussions. Shawn in Montreal (talk) 19:40, 22 December 2016 (UTC)

• Keep - I think the article being tagged with the maintenance tag stated isn't a ground for deletion. The nom should have endeavored to work on the issues raised before coming to the AFD. There are also a number of news sources covering the source that accord it some notability. Bilbo Baggins (talk) 06:38, 23 December 2016 (UTC)

How is that a policy-based comment? Not only the fact of simply tagging which is not going to actually solve it, but we have to nominate such questionable articles because it's actually in policy. Also, as I showed below, all that's literally available is simply local business announcements, notices and funding columns, that's not substance since it's simply republished words. Also, "work on the issues", that can't happen because it's a policy-violated advertisement, see WP:NOT. SwisterTwister talk 23:35, 30 December 2016 (UTC)

• Comment It is not my problem to 'work' on the issues raised on a blatant advertising article written by SPA account and a likely paid editor and the idea that I'm going to work on this article to fix it somehow, when there is 10,000's of other deserving articles is contemptible and utterly crass. scope_creep (talk) 09:35, 23 December 2016 (UTC)

• Keep per the significant coverage in reliable sources.
  1. Bigelow, Bruce V. (2015-01-16). "TVC Capital Raises $115M, Keeps Focus on Software, Value Investing". Xconomy. Archived from the original on 2016-12-30. Retrieved 2016-12-30.

     The article notes:

     San Diego-based TVC Capital, a small private equity firm that specializes in growth-stage investments in software companies, has closed its third investment fund with $115 million in capital commitments.

     All of the firm’s existing institutional investors participated in the fund, TVC Capital III, along with three new investors, according to Jeb Spencer, a co-founder and managing partner. The new investors include Horsley Bridge Partners, a global fund-of-funds institutional investor based in San Francisco.

     ...

     The nine-year-old firm raised $75 million for its second growth equity fund in 2012, and currently has about $225 million under management.

     TVC has so far realized three successful exits from its first fund: the sale of El Segundo, CA-based Accordent Technologies to Polycom; the sale of San Diego-based Del Mar DataTrac to Ellie Mae; and the sale of Seattle’s Mercent to CommerceHub, a Liberty Media subsidiary.

  2. Bigelow, Bruce V. (2012-09-14). "Software-Focused TVC Capital Raises $75M, Emphasizes Value Creation". Xconomy. Archived from the original on 2016-12-30. Retrieved 2016-12-30.

     The article notes:

     TVC Capital, a boutique private equity firm based in San Diego, has raised $75 million for its second growth equity and buyout fund. The firm targets software companies and software-enabled service businesses that are profitable or growing to profitability, provide customers with a “mission-critical” service or product, and are seeking capital to accelerate growth.

     ...

     The firm realized two successful exits from its first fund last year—the sale of Accordent Technologies to Pleasanton, CA-based Polycom (NASDAQ: PLCM) in a $50 million cash acquisition, and the sale of Del Mar Datatrac to Pleasanton, CA-based Ellie Mae (NYSE: ELLI) in a deal valued at more than $25 million. Current investments include Seattle-based Mercent, which provides retailing data and intelligence for online merchants, and San Diego-based iQ for Business.

     TVC Capital was founded in 2006 by Jeb Spencer and Steven Hamerslag.

  3. Bigelow, Bruce V. (2014-09-23). "TVC Leads $9.5M Round for Centage to Expand Financial Software". Xconomy. Archived from the original on 2016-12-30. Retrieved 2016-12-30.

     The article notes:

     The San Diego private equity firm TVC Capital specializes in software deals, but TVC is not a venture investor.

     TVC says it invests in high-growth companies with untapped potential. You could say that Jeb Spencer, TVC’s co-founder and managing partner, views prospective early stage deals in the white-hot consumer Web sector as all sizzle and no steak. As Spencer has explained through the years, he prefers to make investments in software deals that are all steak and no sizzle—or maybe a little sizzle, but not too much.

     As an example, Spencer points to Centage, a software company based in Natick, MA, that has developed Budget Maestro—budgeting and forecasting software designed for small and medium-sized businesses. In a statement going out Wednesday, Centage says it has raised $9.5 million in Series A funding from TVC Capital and Northgate Capital, a global private equity and venture investor based in Danville, CA.

  4. Freeman, Mike (2016-03-11). "TVC Capital invests $8 million in software firm". The San Diego Union-Tribune. Archived from the original on 2016-12-30. Retrieved 2016-12-30.

     The article notes:

     San Diego’s TVC Capital said this week it has invested $8 million in Celigo, a Bay Area provider of software that integrates cloud-based applications into a single secure platform.

     ...

     TVC Capital has more than $235 million under management. It is focused on investments in business software startups. Its portfolio includes Accordent Technologies, Levels Beyond (Reach Engine), Del Mar Datatrac, Limeade, LiquidPlanner and others.

  There is sufficient coverage in reliable sources to allow TVC Capital to pass Wikipedia:Notability#General notability guideline, which requires "significant coverage in reliable sources that are independent of the subject".

  Cunard (talk) 08:42, 30 December 2016 (UTC)

• Delete as this alone is violating WP:NOT and I'll show why (also, simply because there's a mountain of quotes above means nothing because I'm summarizing everything it basically means and it shows):
• TVC says it invests in high-growth companies with untapped potential. You could say that Jeb Spencer, TVC’s co-founder and managing partner
• San Diego’s TVC Capital said this week it has invested $8 million in Celigo, a Bay Area provider of software that integrates cloud-based applications into a single secure platform....It has under management....As Spencer has explained through the years, he prefers to make investments in software deals that are all steak and no sizzle—or maybe a little sizzle, but not too much

TVC has so far realized three successful exits from its first fund: the sale of El Segundo, CA-based Accordent Technologies to Polycom; the sale of San Diego-based Del Mar DataTrac to Ellie Mae; and the sale of Seattle’s Mercent to CommerceHub, a Liberty Media subsidiary (Obvious named mentions of others shown and wording in a form of a press release)

• San Diego-based TVC Capital, a small private equity firm that specializes in growth-stage investments in software companies, has closed its third investment fund with $115 million in capital commitments....All of the firm’s existing institutional investors participated in the fund, TVC Capital III, along with three new investors, according to Jeb Spencer, a co-founder and managing partner....The new investors....The firm's funding....in a deal valued at more than $25 million. Current investments include Seattle-based Mercent, which provides retailing data and intelligence for online merchants, and San Diego-based iQ for Business.

Notice the maintained consistency of always republishing what the company said itself, that shows there's no one else involved but the company itself since it's their own business plans and that's all; that's not independent and if all we have to show for it is their funding notices and seeking of it, it shows they're not even establishing with sustained funding hence the need for asking money in PR. No major company will be as seriously PR-focused because they would be stable, this is not and it shows. Also, note how Xconomy is actually an known republisher of PR since it's simply a business financials website, and then the Union-Tribune is a local news source, hence going to obviously advertise its local businesses to local investors and clients, therefore it's unsuitable. If anyone had actually cared to examine these, they would've noticed that PR consistency, and there's nothing else to call it since it's exactly that. Notability wouldn't even ever matter because this is such a blatant advertisement, it entirely violates policy and, because of policy, we delete it, not because of "hoping for improvements later" which is simply a "let's buy time" excuse, not a policy based one of course. SwisterTwister talk 23:29, 30 December 2016 (UTC) SwisterTwister talk 23:29, 30 December 2016 (UTC)

• Delete per nom & SwisterTwister Ⓩⓟⓟⓘⓧ _Talk 23:35, 30 December 2016 (UTC)
• Comment Notice how it's created by a SPA account, in October. As soon as it was nominated he came in the 22nd to clean it up. References added are PR and nothing else. scope_creep (talk) 00:13, 31 December 2016 (UTC)
• Comment for Delete SwisterTwister's assessment of Xconomy's reliability smells right to me. Lots of repackaged PR and not an indicator of independent notability. czar 01:06, 2 January 2017 (UTC)