Category: Message from Matthew McCooe

Top Ten Reasons It Is Time for You to Raise American Venture Capital

CTI_Headshot-circle-mask-mattMatthew McCooe
Chief Executive Officer

10. You are unafraid to scale fast or fail fast.

9. Your company nailed product-market fit, your customers value what you are doing and they’re willing to pay your asking price.

8. Your company is growing and you raised some investor capital. Yet, you are spending too much time raising additional funding and not enough time adding value to your enterprise. You are ready to tap into the massive supply of venture capital in the United States.

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What Makes a High-Performing Team?

CTI_Headshot-circle-mask-mattMatthew McCooe
Chief Executive Officer

Recently, I was asked to speak with one of our highest-performing companies on the behaviors of high-performing teams. (Isn’t it interesting how successful teams are always seeking out ways to become better?) Because I believe all companies strive to perform at the highest level possible, I’ve recapped the presentation here.

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Perfect Pitch: Attracting Venture Capital

CTI_Headshot-circle-mask-mattMatthew McCooe
Chief Executive Officer

Connecticut’s recently launched $5 million global pitch competition for fintech and digital health companies, VentureClash, has drawn an incredible response from companies globally. So I thought it would be an opportune time to take another look at what makes a pitch attractive to investors.

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$5 Million in Awards for Promising Fintech and Digital Health Companies from Across the Globe

CTI_Headshot-circle-mask-mattMatthew McCooe
Chief Executive Officer

If you keep up with Connecticut business news, you may have heard that Connecticut Innovations, a leading provider of financing for early-stage companies, recently launched a $5 million global venture challenge. Pretty exciting stuff! But you may wonder why we created such an ambitious competition, and what we hope will come from our investment. Applications for VentureClash opened April 28 to early-stage fintech and digital health companies worldwide, so it’s a good time to share our vision, and the three tenets driving our strategy. Continue reading

The Most Valuable Type of Capital

CTI_Headshot-circle-mask-mattMatthew McCooe
Chief Executive Officer

The most important ingredient in any successful startup is an experienced and effective management team. Since our state has taken a beating in the business press of late, I thought it was an appropriate time to remind our readers—you—about one of the critical factors that sets Connecticut apart, namely our extraordinary management talent. Let’s take a closer look at a few lists that I believe more accurately rank our state and represent our greatest asset: our supremely talented human capital. Keep in mind that we’re recognized nationwide for a variety of traits that set our talent apart. Continue reading

Character in Management

CTI_Headshot-circle-mask-mattMatthew McCooe
Chief Executive Officer

I’m reading New York Times columnist David Brooks’ new book, The Road to Character, which explores how some of our greatest leaders and most admired thinkers have built strong moral characters. The book reads like a long but excellent commencement speech, and it blew me away. What struck me most is how closely the character traits that Brooks praises: kindness, courage, honesty, and faithfulness, are the same ones that I look for in senior management in our portfolio companies. Here is an excerpt from the book:

They radiate a sort of moral joy. They answer softly when challenged harshly, they are silent when unfairly abused. But they get things done. They perform acts of sacrificial service with the same modest everyday spirit they would display if they were just taking out the garbage. They are not thinking about what impressive work they are doing. They are not thinking about themselves at all. They just recognize what needs doing and they do it. Continue reading

Meet Matt McCooe, CI’s CEO

mattbiositeMatthew McCooe
Chief Executive Officer

As the newest member of the CI team, I wanted to share some initial thoughts about the CI mission. More important, I would like to address the open question about how CI intends to accomplish our two objectives—job creation and generating a positive return on investments. Here are three key ways I believe we will win.

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