We have two models. Depending on the model selected, we take between 20% - 30% equity
Debt financing is ok, however we are always the first equity investment in a startup. If you have already taken funding you're probably too late for us.
As an investor and operator that focuses on revenue and cash flow, we like to ensure we can add complimentary value to entrepreneurs and startups from the beginning and believe in getting a saleable product in front of customers as soon as possible.
Yes, we require our founders to have a board seat?
Yes. Whether you are one founder or three founders, we look at each deal on a case by case basis.
Startups in our Incubator Program (no equity) and pre pre-seed fund usually receive a validation round of 5K - 10K.
By taking a co-founder position in the company, we actually work everyday, side by side with the entrepreneur to generate cash and returns for the business.
Yes, if certain milestones and metrics are achieved.
We have a followup round reserved for companies that successfully demonstrate the ability to generate cash flow consistently.
We are very active in Investments and usually run the finance, operations, and technology side of the business, while also supporting entrepreneurs on the sale, marketing, and design side of the business.
We expect founders to be able to sell their product to their customers. Founders should also be adaptable to change, which sometimes means pivoting from your original idea.
Startups as an asset class are inherently risky. We seek to minimize that risk by focusing on startups that can generate good margin in addition to cash flow for our investors both in the short and long term horizon.
Each of our funds are designed for a specific thesis and purpose. Investors can invest in all three funds or a single fund as they are not mutually exclusive.
Yes, we can break up your investment across three funds. Each fund is a building block on the next to ensure a unique value proposition for investors and therefore funds are not pooled horizontally.
Quarterly Financial Statements are provided.
Fund investors vote to have one representative represent the fund. That investor can take a board advisor seat. In general, there are no external board members until the Series A stage.
No, investors can invest in one fund or all three.
The PPS fund uses a qualitative approach, while the PS and S funds use a straight-line mathematical formula entirely based on startups hitting revenue and metric milestones
We do not offer a debt fund at this time. If there is something of interest to you and your partners, shoot us a message so we can gauge interest across LPs.
Yes - not only in startups - but we seek to reserve a portion of each fund tranche for underrepresented investors, GP’s and Partners.