|
Screening Criteria
What types of companies are we looking for?
-
Early stage, high growth
businesses with high investment return potential.
-
Businesses that require
funding of $750K to $1.5MM to reach the "next level"
(e.g. institutional venture funding, IPO, positive cash
flow, etc.), of which Robin Hood Ventures will invest
$250K to $500K.
-
Line of business that matches
area of expertise of our members with an opportunity for
a Robin Hood Ventures board seat.
-
Valuation in line with early
stage opportunities
-
Companies within a two-hour drive from
Philadelphia
-
Proprietary technology or other
proprietary position
-
Sustainable and scalable
business model
-
Business to business
Here's What We Offer...
- Deal Structuring
- Capital (Debt, equity,
other)
- Board of Directors member
....And More
- Legal Support -
offering documents, entity formation, etc.
- Accounting
Support - preparation for offering, business
planning, on-going financial statements.
- Executive Recruiting
Support - Support in identifying and recruiting
executives.
Here's What We Require from You
Before funding:
-
The
submission of an executive summary using the ROBIN HOOD VENTURES
Executive Summary.
Note: Other formats will not be accepted, as the
Robin Hood format expedites the process considerably.
-
A commitment to pay for due diligence if deal falls
through.
After funding:
-
Prompt
monthly financial statements and annual financial
statements (minimum CPA review)
-
Prompt
reporting on any substantial
changes to business or business status, positive or
negative, at minimum on a quarterly basis (within 30
days of close of calendar quarter).
-
At least one
Robin Hood Ventures' member seat on Board of
Directors.
- D&O insurance or full indemnification of Directors.
To
start the funding process...
Robin Hood Ventures does not pay finders', or
similar, fees to any person or entity in any way in
connection with investments made by its members, and
has not authorized any individual or entity, other
than its members, to act on its behalf in soliciting
investment opportunities.
If you run into any difficulty, please contact
us at
info@robinhoodventures.com and we will email the
file to you.
|