About

VCC Intro - Welcome to Venture Capital Cross

Where Venture Capital meets Private Equity

Private Markets are fragmented into micro segments, which don't always mix well together. Venture Capital Cross (VCC) bridges the gap between the West Coast / VC mentality and the East Coast / PE mentality, providing innovative ways to create liquidity in Private Markets where everyone is happy or "Win Win" transactions. We believe in the ethical value trade, where both sides are winners — employees of mature late-stage companies are happy to get a check, while investors are happy to invest in high-growth companies at this early stage and (usually) receive a decent multiple for taking the risk. This includes activities across Seed Funding and Crowdfunding, Primary Financing Rounds, Private Placements, and Secondary Market Transactions.

Team

Stephen Utley

VP of Private Markets

Series 7, 63 - Stephen Utley was born and raised in the UK. He earned his BA(hons) in Industrial Economics from Nottingham University. He started his finance career in New York city in 1995 at Gerard Klauer Mattison - a boutique institutional brokerage house. Steve went on to earn his MBA in finance from Zicklin Business school in New York in 2008 and was previously VP of Forex at Fortress Capital. More recently Steve has concentrated in the private equity markets as General Partner of DT Unicorn Fund.

Joseph Gelet Sr.

Director of Private Markets

Series 3, 30, 34, 7, 63, Life and Health Insurance, Notary - Joseph Gelet Sr. was an algorithmic asset manager for 20 years in the Foreign Exchange markets, and was an NFA Member since 2005 as CTA.
He holds licenses Series 7, 3, 30, 34, 24, & 63 as well as Life & Health Insurance South Carolina and is a Notary Public TN. He is the author of 3 books, Splitting Pennies, Splitting Bits; and 1 textbook commissioned by NOVA University Splitting Markets. Skills include systems design, architecture, and administration with a focus on Financial Technology. Currently he is an Investment Representative at
R. F. Lafferty & Co., Inc., a registered broker-dealer. He is also the General Partner of DT Unicorn Fund, that invests in late stage private companies developing groundbreaking technology. Joseph Gelet has recently authored a book "Investors Guide to LEGAL Insider Trading".click here to learn more.

Richard Crockett

Chief Compliance Officer - R. F. Lafferty & Co., Inc.

Richard Crockett has over 40 years of experience in the financial industry, working with firms ranging from large institutions to startups. He has held multiple roles including Branch Manager, AML/Anti-Money Laundering Principal, Chief Compliance Officer, and Chief Operating Officer. His experience spans back-office operations, front-office administration, and compliance management across sales and trading business lines.
He has worked internationally in London and Hong Kong and was a licensed representative of the Securities and Futures Authority (UK). Richard holds numerous FINRA licenses: Series 7, 4, 8 (9 & 10), 23 (24), 79, 63, 99, 14, and 82.
A solutions-focused compliance professional, he has extensive expertise in surveillance, policy development, marketing and trading documentation, compliance training, supervision, project management, and regulatory audits and communications.

Oleg C

Chief Development Officer

Oleg is the Chief Programmer for the VC Cross portal, he is responsible for programming, API integration, development, and support operations. When he is not programming he enjoys reading and spending time with family.

Dragan D

Site Admin and Support

Dragan has 25+ years as a Joomla site Admin. Dragan's responsibilities include maintaining the site, backups, configuration, updates, and user support. Dragan lives in Bar, Montenegro where he is from.

Technology

The Software Platform behind Venture Capital Cross is a multi-integration of FinTech APIs. The technology stack is built on LAMP 3rd party APIs include Documents API, Escrow API, eCheck API, KYC API, optimized CDN, SSL, and Network Optimization tools.

Background

Venture Capital Cross, VCCross.com is a DBA of R. F. Lafferty & Co., Inc. a FINRA/SEC licensed broker dealer.
If you would like to learn more about raising capital with Venture Capital Cross, as Reg CF, Reg D, Reg A+, or with traditional Private Placements, or to discuss other fundraising initiatives, please contact us.

Name History of Venture Capital Cross

Our legacy business is matching buyers and sellers in Private Markets, late stage Unicorns also known as "Secondaries" - 90% of the time the counterparties are Venture Capital firms, who may be taking some chips off the table (selling) after investing in Seed rounds. Other times, the VC Firms want to add to their position and were under allocated in the recent round, and will seek shares in the secondary market. When a Broker-Dealer matches a buyer and seller internally, as an agent transaction, this is known as an "Agency Cross" - hence the name "Venture Capital Cross" - we are crossing buyers with sellers, and very often they are from different sides of the street. The seller may be a Private Equity firm that's selling to a Venture Capital firm, or it may be that a seller is an employee cashing out their shares to a Wall St. fund (Main St. --> Wall St.).