Welcome to Lateral Capital!
Since 2003, Lateral Capital has made 75 investments in Early Stage companies across the U.S.
We look to invest in companies led by paranoid optimists of impeccable character … young businesses which have:
- A completed product or service with compelling benefits – and at least one customer.
- Proprietary technology with issued or filed patents – to protect the company while it grows.
- Logical strategic buyers who will want to buy the company – in the next 5-7 years.
- Business models which lead to cash flow breakeven while the company waits for a buyer.
- Contribute to the Greater Good – businesses which can help to “save the world” profitably.
Lateral Capital has made investments in a wide range of technology across 19 states – from health care to industrial products; from specialty B2B software to cancer vaccines. As a rule, we do not invest in distribution-driven categories like food and beverage. Location-dependent businesses like restaurants or startups of any kind.
Most investments are made in conjunction with Angel groups across the U.S., including Band of Angels (Palo Alto), Seraph Group (Atlanta), Golden Seeds (New York), Gopher Angels (Minneapolis), Tamiami Angels (Naples), Central Texas Angels (Austin), Tech Coast Angels (Southern California) and companies which have presented at BIO, SXSW and the Angel Capital Association.
Lateral Capital is located in Sarasota, Florida and run by long-time Procter & Gamble executive and former Pillsbury Company CEO, John Lilly. Now investing its Fifth Fund, Lateral Capital is supported by a group of accredited investors in a Limited Partnership structure. This group includes CEOs, CFOs, investment bankers and other investors who target consistent financial returns, averaging about 2.5-3.0X their money with a rate of return around 20%.
“Great Quotes For Early Stage CEOs”
Success consists of going from failure to failure without loss of enthusiasm.
I not only use all the brains I have, but all I can borrow.
The future is already here, it’s just not evenly distributed.
Corporations don’t have morals.
I don’t want a lawyer who tells me what I can’t do. I hire a lawyer to tell me how to do what I want to do!
Even if the situation or challenge is very complex, usually the simplest solution is the one to go with.
I have full confidence in your courage, devotion to duty and skill in battle. We will accept nothing less than full victory!
Fear is an excellent motivator. I find that it really brings out the true ingenuity of a creature.
Our company is guided by three deeply held beliefs: That brands with purpose grow, companies with purpose last and people with purpose thrive.
I just invent, then wait until man comes around to needing what I’ve invented.