M. Patrick Doherty –
Patrick, the founder of CannaList.eu, has a long history in the startup community as a VC, angel, mentor, and founder. He has sat on both sides of the table.
He left Silicon Valley in 2012 to explore the Berlin startup scene. Patrick quickly got involved with Startupbootcamp and lead its Angelsbootcamp – educating high net worth players in the intricacies of angel investing. In addition, as a Pitch Coach, he has supported numerous startups and advised founders through programs including Startupbootcamp, Bayer’s G4A, enpact, Foundation If, and Flat 6 Labs.
Patrick has launched and managed several ventures personally, so he understands the challenges of managing day-to-day operations while remaining focused on growth opportunities and the bottom line. He has also worked as an investor and a lender and therefore recognizes the demands and expectations these parties bring to the mix. Patrick’s clients benefit from both perspectives.
Patrick has an extensive background in venture investments, including the evaluation and underwriting of over $100 million in venture financing for emerging growth companies. Before Doherty & Associates, he was a director at Third Coast Capital, a venture lending organization that committed more than $125 million in venture debt investments. Patrick was one of the first employees when Third Coast was established in 1996 with an initial investment by Cargill, Inc., the largest privately held company in the United States. His focus was originating, and underwriting venture staged debt products.
In 1998, the group sold Third Coast Capital to DVI, Inc., (NYSE “DVI”). Patrick continued on as a director through 2002. During Mike’s tenure at Third Coast, the company grew to become the 4th largest provider of venture debt in the United States. The portfolio included 60 investments in 17 states and returned a time-weighted gross IRR of 33.2%. This performance level is in the top quartile of all venture funds for cumulative vintage year composite performance (upper quartile minimum 30.2%).
Before Third Coast Capital, Patrick was a principal of Southport Systems, Inc., a consulting firm advising clients on asset management, leasing operations, and credit underwriting. Also, he has served as a portfolio manager for many leasing portfolios.
Patrick has a BS in Commerce from DePaul University in Chicago. Also, Mike is an Alumnus of the 1997 Class of the Venture Capital Institute (VCI) and the 2006 Class of Leadership San Francisco (LSF). Mike has served on the boards of the Golden Gate Business Association (GGBA) and the SF Small Business Network (SBN). Mike taught finance, marketing, and business planning at the Renaissance Entrepreneurial Center and taught Entrepreneurship to At-Risk Youth in the Changing the Odds Program.