Within 12 months post funding, our ideal investment candidates have the ability to:
- generate $1 million or more of run-rate revenue;
- achieve gross margins of 50% or higher; and
- require equity capital of less than $10 million.
Our Investment Mantra
Purpose - Ability to summarize the company's business on an index card.
Large Addressable Markets - A market growing to $100M+ allows for the many errors to occur and time for real margins to develop.
Focus - Customers buy simple products with a singular value propositions.
Pain Points - Pick the one thing that is of burning importance to the customer then compel them with your solution.
Challenge Convention - The contrarian route creates novel solutions and outwits the competition.
Genetic Makeup - All team members are smart and clever in their domain. 'A' level founders attract an 'A' level team. Speed Helps to beat-out large companies.
Cash Efficiency - Focus spending on what's critical. Spend only on the priorities and maximize profitability.
Hunger - A little money forces discipline and focus as a huge market with customers yearning for a great product requires less firepower.
Real Customers - That pay a premium for a proprietary offering and do so quickly.
Speed - Helps to beat-out large companies.