• An extremely capable management team.

• A scalable business model.

• An addressable market.

• Limited capital expenditure requirements.

• Opportunities that can be accelerated with support from our network.

 

Almost all of the startup companies in which we invest meet these criteria:

​

• Product is in beta (versus alpha) stage of development and has been created with input from clients or potential clients,

• Company has some "proof of concept" (with revenue, except for life science tech companies)

• A clear, plausible exit strategy within 5-7 years or 24-Months with the Deal Program.

• Typical valuation at first funding below $5 million (before new capital is raised).

• Domiciled in the USA or in a country that has a great relationship with the USA. (we love emerging markets)

• Sustainable, Predictable, Consistent.

​

For startups, ideally, we are looking for; 

​

1. A launched product with at least 12 months of data.

2. A well-rounded technology and business team.

3. half of your round committed ( for example. "if you are raising $1M you have $500k+ in commitments already)

4. 6-months of growing. (at least 10%+ month-over-month)

5. 18 months+ runway;
   you have a clearly defined plan to deploy the capital from this round over at least 18 months. i.e. if your burn rate is $50,000 a month, you are raising at least $900,000 in this round, giving you 18 months of "runway."

6. Approx $50k/Month in MRR.

​

​