

A VC's Perspective: How Investors Really Decide
Why did that investor pass? More often than not, it has less to do with your science than with the math of their fund.
In this session, Deborah Hemingway, PhD, founder and managing partner of Ecphora Capital (more than $30 million invested across 15 early-stage companies), walks through the mechanics behind every investor decision: fund size, ownership targets, timelines, and the exit you have to be capable of. Then, what they mean for your first institutional raise: when to start, who to target, what to have ready, and how to read a no.
We'll close with the Maryland-specific tools, including the BIITC credit and TEDCO, that can help you close a round. Bring your questions.
Schedule
11:30 AM – Lunch (provided)
12:00 PM – Talk
12:45 PM – Q&A and networking
1:00 PM – Wrap
Hosted by Ecphora Capital in partnership with Wexford Science & Technology at the University of Maryland BioPark.