Target Investment & Advisory Profile: Early stage post-revenue businesses with annual revenue under $10M.
For consideration email the following information to info @ leoj.co:
Executive Summary (one-pager)
Investor Pitch Deck
Business Plan
Investment Criteria
Management must have a sound track record, or the clear understanding that the founding team accepts a transitory role. Management must demonstrate the ability to lead the organization, execute the business plan rapidly, manage cash effectively, attract additional financial and human capital, and adjust course when necessary. Founders of an early stage enterprise must be willing to accept hands-on involvement and support from the investors and the recruitment of more seasoned professional management if and when appropriate.
The business plan must effectively address all key aspects of the business, including management, technology, customer acquisition, and competitive challenges. Financial forecasts must be realistic with appropriate support for all key assumptions.
Management, current shareholders, and potential co-investors must have experience in businesses of this type and stage. There must be compatibility among these parties and the shared commitment to work together to make the company a success.
There must be a fundamentally exciting or disruptive technology, a unique service or approach to an attractive market, or other distinguishing characteristics.
There must be a credible source of competitive advantage in the form of strong and defendable patents, proprietary processes, first-mover position, key customers under contract, or world-class technical talent.
The available market must be large and/or growing rapidly, typically in excess of several hundred million dollars or credibly expected to reach that size during the investment term.
The investment structure and terms must afford us sufficient protection, influence, and potential upside to justify our commitment of capital and time -- helping facilitate future capital-raising.
Management, current shareholders, and the board must have realistic valuation expectations and compatible views on a potential exit strategy.