Charles Bonello
Founder of Vivvi
Charles Bonello
Founder of Vivvi
New York, New York
Overview
Work Experience
Co-Founder, CEO
2018 - Current
Vivvi provides child care and early learning for today’s families. We partner with employers of all sizes to make exceptional full-time and backup care more accessible and affordable. With beautiful campuses, flexible offerings, and trained, passionate teachers, we provide parents with peace of mind while offering employers the most powerful tool for recruitment, retention, and productivity.
Venture Partner
2017
Co-Founder
2014
Managing Director
2014 - 2017
Grand Central Tech is NYC's largest, most selective and most inclusive tech ecosystem, with approximately 100 companies and over 100,000 sq ft under its purview. Housed in Facebook's former NY Headquarters overlooking Grand Central, GCT provides its companies within its ecosystem access to all the key resources they need to grow and succeed at the best terms possible, including space, curriculum, mentorship and unparalleled access to investors, customers and talent. GCT's twofold mission is in the service of achieving this goal: First, to attract the most talented people, working on the biggest problems, by providing them with the best resources at the best terms. GCT takes ZERO equity from its companies and charges them ZERO rent, instead asking them to participate in building a robust community while supporting them with an incredible group of Strategic Advisors, Mentors, Corporate Sponsors, Growth Partners, and Educational Institutions. Second, to widen the aperture of who has access to the benefits of the tech economy. A major criticism of the startup ecosystem is that its resources are often constrained to a narrow segment of the population, causing it to stand apart from the rest of the city, rather than as a part of the fabric. GCT strives to change this through strong partnerships with and consistent outreach to the local community. Check us out at www.grandcentraltech.com
Vice President - Venture Debt
2013 - 2014
Three Point Capital Venture Debt provides non-dilutive financing options to start-ups and growing companies in the form of corporate loans. As part of this vehicle, Three Point is sector agnostic, with a preference for companies with at least $1 MM in annualized revenue, and business models that are characterized by revenue that is either driven by a subscription model (SaaS, content, commerce, box of the month, etc) or long-term, sticky revenue tied to enterprise, government or government entity contracts. In addition to these business models, Three Point is opportunistic around special situations, including acquisitions, and typically targets investments ranging from $500k to $5 MM.
Analyst & Co-Founder
2010 - 2013
• Manage approximately 33% of the River Twice Fund, which outperformed relevant benchmarks and contributed positively to overall fund performance • Execute investments across a number of sectors, including: Consumer, Tech and Internet • Evaluate company fundamentals, key operating metrics, competitive positioning and valuation in order to generate and pitch new investment and short ideas • Augment fundamental research with site visits, industry analyses, channel checks and interviewing senior management teams • Create proprietary research tools that leverage underutilized data from a number of sources, including social media, to identify trends and analyze underlying fundamentals of companies in the Ag, Chem, Tech and Consumer sectors • Coordinated and supported fundraising efforts that raised approximately $25 MM in assets under management, including participating in capital introduction events, manager due diligence processes, fulfilling RFP's and developing marketing materials • Responsible for daily monitoring of approximately 60 total positions, including relevant data points, research, performance and events • Collaborate with co-founders on portfolio construction; namely establishing investment process, stock selection, exposure and risk management • Conducted quarterly analysis and review of portfolio performance, including trade timing, relative performance and attribution • Contributed writing and research included in Zachary Karabell's media appearances, several op-eds that have appeared in the Wall Street Journal and New York Times and a number of books, including: Superfusion: How China and America Became One Economy (October 2009) and Sustainable Excellence (October 2010)
Research Associate
2007 - 2010
•Generated and presented new investment ideas to Portfolio Managers and Senior Analysts, with a focus on the Retail and Restaurant sectors •Built, maintained and updated financial models for companies in the Retail and Restaurant sectors •Designed and built a proprietary database to screen the environmental sustainability of over 150 companies and integrated this analysis into the investment process for the Alger Green Fund •Conducted fundamental research by performing valuation analysis and projecting companies' balance sheets, income statements and free cash flow potential •Developed, conducted and analyzed surveys to evaluate company sales and operational trends by visiting/calling stores and restaurants nationwide, monitoring price changes and creating/analyzing retail "best-seller" lists from a number of sources •Supported fundamental research with due diligence by interviewing senior management of companies •Contributing writing and research to Alger's Monthly Market Insights (September 2007-March 2010)
Education
BA
2003 - 2007