| Partnership Beliefs
DTVP’s formal credo best capsules its business philosophy:
Mutual support, teamwork, trust, a common purpose, and a willingness to guide and help rather than offer aloof criticism . . . these are the fundamental beliefs that bind DTVP’s partners to each other and to the portfolio companies.
Capital formation remains critical to the country’s economic future, and the venture capital industry is the primary source of such capital for emerging growth companies. DTVP, therefore, has a firm confidence in the revitalization of basic industry in the United States and in venture capital’s role in fostering that renewal.
Another ideal rests on the concept of “total” partnership . . . partnership with the portfolio companies as well as among the general and limited partners. DTVP brings value to the portfolio as the venture’s strategic guidepost and “all-weather” supporter. Team members understand the unique obstacles and challenges faced by a growth company because they have been on both sides of the table, as professionals who have provided capital and built companies. These combined backgrounds result in empathy for and rapport with the entrepreneur — a relationship balanced by the ability to make disciplined, pragmatic decisions. General Doriot, widely recognized as the father of the U.S. venture capital profession, once characterized the essence of this relationship as “watch, push, worry, and spread hope.”
Values StatementDTVP believes in:
DTVP’s partners are proud of their role in reviving the entrepreneurial energy that built this country. They believe that the quest for a better way of life, a worthwhile estate to leave one’s posterity, and the fun and zest of building a company, while mastering all the innate risks, is inherent in the “spirit of America.”
This conviction has helped them forge long-standing
successful track records in venture capital investing. And, it has helped
them spawn new jobs, inspire innovation, increase productivity, multiply
profits, and turn dreams into realities — all key elements of the true
“capstone of the American dream.”