We invest at the seed stage, identifying smart and scrappy entrepreneurs who are adapting to changing markets, disrupting established business models, and creating products that matter
Our Business Selection Criteria
Our goal is to identify disruptive startups that can achieve a $1B valuation and return a high ROI for our investors.
Product (or MVP) is live with some client/customer traction.
Annual recurring revenue (ARR) of $500k+.
Already raised at least $500K (more is better) in seed capital.
Follow-on investment allowed.
Fundable team. 2nd time entrepreneur(s) better.
Applicability of our network (the more applicable the better).
Chemistry with (and abilities of) Founder(s) to listen – demonstrated.
We aggressively invest in companies that are military veteran founded or have vets on the founding team.
We like to take an active role in the company either by means of a board seat or formal advisory role. We roll up our sleeves!
What We Look For
We invest in technology startups during their seed stage – typically their first or second round of funding. It is the earliest and riskiest point to invest in startups but also the most lucrative for those that go on to become big successes. As an angel syndicate, we can only invest in companies we believe have the potential to reach valuations in the hundreds of millions or billions of dollars in the decade ahead.
We invest in exceptional founders. As seed stage investors, our approach is centered on building a deep understanding of each founding team: their character, how they think, and why they do what they do. We take an active hands on approach to our investments ensuring our companies receive the attention necessary to drive growth.
Diversification: Plan on making 20-25 investments in this asset class (early stage tech) in order to get the diversification required for the very high return. Timing: You should diversify over time as well. I tell most angels to think about getting their 20-25 deals over a 4-7 year time span. Makes those bite-sized chunks more manageable with cash flow and also de-risks based on market fluctuations. Deal Flow: I’ve seen a lot written by some very smart early stage investors warning people who are not “in the flow” to not participate in early stage investing. Meaning, they won’t see any of the best deals. Subject Matter: Do you want to be involved in any way helping the company or not? If not and you’re purely financially driven for this decision then I’d say pick companies across a few sectors for diversification and so that you can play market movements.
We invest in exceptional founders who are building amazing companies
We don’t just finance companies; we help founders build companies
We help entrepreneurs invent new industries and disrupt existing ones