Texas Women Ventures — Investing millions in women-led companies
Home|About TWV|Portfolio Companies|Investment Candidates|News|Resources|Contact Us|LP Login
News News Archive

Learning to Be Tough Beneath a Hard Hat

July 1, 2010

Q: Were you ready for a such a big project?

Gail Warrior: We didn't have the cash flow to handle a job of this size. First, we tried to get bank financing, but lots of banks are scared of lending to construction companies. And I was reluctant to seek venture capital funding. I was worried about losing control of my baby. Eventually, we went to Texas Women's Venture Fund — a group made up primarily of women executives and business owners. TWVF wasn't interested in owning the company. They provided $3 million in debt capital, as opposed to equity. They placed someone in our advisory board to help us manage cash flow. It was a two-year relationship that transforned our business.

Read full article here.

 

View Archived News



Texas Women Ventures — Portfolio Companies