PMC follows a disciplined venture capital investment process, with particular attention to providing valuable services to potential investees including an unconventional combination of focus on speed, depth of due diligence, value-added input to management, and term sheet development that effectively mitigates downside risk while maximizing the potential for extra-ordinary returns. A typical investment that comes into the PMC process may come to term sheet negotiation within two to four weeks of the deal being sourced. Due diligence may be complete two to four weeks thereafter, with closing after legal due diligence within two months of initial contact. This efficiency allows the team to effectively consider a number of potentially lucrative investments simultaneously – typically, PMC has 1-3 deals under due diligence at any one time during the year. Below is the general investment process undertaken by PMC, followed by a discussion of each individual step.