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GENERAL
COUNSEL FOR AMERICA'S OLDEST VENTURE CAPITAL FIRM:
In our first lawyer profile for this new special section at LawPedia®,
we enter the exciting world of venture capital and Scott
S. Ring. He was recently highlighted in the February
2007 Private
Equity Manager which emphasized his particular skills at structuring
deals across geographies and cultures. View
Article Reprint. Scott S. Ring is a lawyer and General Counsel of
Bessemer Venture Partners.
Scott manages legal activities across BVP’s global venture capital
operation, including its investment offices in Larchmont, New York,
Wellesley Hills, Massachusettes, Menlo Park, California, Mumbai and
Bangalore, India and Shanghai, China. Bessemer Venture Partners is a
private venture capital firm that carries on one of the longest-standing
venture capital activities in the country. In 1911, Henry Phipps established
what was to become Bessemer Securities Corporation (BVP's principal
limited partner) as an investment firm for the benefit of his descendants,
starting with his share of the proceeds from the sale of Carnegie Steel.
Since its inception, a central component of Bessemer Securities' charter
has been to invest in and help build innovative, high-growth companies.
Some of the companies that Bessemer helped establish or build in the
early days include W. R. Grace, International Paper, and Ingersoll-Rand.
Bessemer
Venture Partners continues this tradition, managing over a billion dollars
of venture capital, in addition to the $2 billion of investments outside
venture capital that other Bessemer entities manage.As General Counsel,
Scott assists with BVP’s deal negotiation and execution in regards
to its investment activities, as well as the liquidity events involving
BVP’s portfolio companies. He also assists the firm’s investment
team to provide guidance and support to BVP’s portfolio companies,
and the firm’s operations team on fund administration and regulatory
compliance matters as well as the management of BVP’s global operations.
Prior to joining Bessemer Venture Partners, Scott served as Senior Attorney
at Venture Law Group in Menlo Park, California, where he provided legal
advice to public and private emerging growth companies on venture capital
financings, public offerings, mergers and acquisitions, corporate partnerships,
and other transactions. During his tenure at VLG, Scott advised companies
in the medical device, biotechnology, software, semiconductor, and new
media industries, as well as numerous venture capitalists in their investment
activities. Scott holds a J.D. and an M.B.A. from Northwestern University
and a B.A. in Economics from the University of Michigan. He is a member
of the State Bar of California. 
 Law-Notes:
Venture
Capital is a type of private equity capital typically provided by professional,
institutionally-backed outside investors to new, growth businesses.
Generally made as cash in exchange for shares in the investee company,
Venture capital investments are usually high risk, but offer the potential
for above-average returns. A venture capitalist (VC) is a person who
makes such investments. A venture capital fund is a pooled investment
vehicle (often a partnership) that primarily invests the financial capital
of third-party investors in enterprises that are too risky for the standard
capital markets or bank loans.
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The Barrister's Daily Legal Report™
- 2008
Edition 
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OTHER SIDE: 
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