Wednesday, 18 June 2014

Angel Hub Ventures



"AngelHub Ventures is an Angel seed fund investing into lean startups with disruptive business models and technologies.

 What we invest in (our mandate)
This is not only what we look for, but also how we invest and what we aim to do. If your business doesn’t match this, then we’re not the investors for you.  If it does, follow the links below to apply.

Key characteristics of businesses that interest us:
  • Disruptive business models enabled by technology.
  • Attack existing profitable industries and markets - so there’s already money being made in an industry, you just have to win a share of it.  “We want to be the small mosquito on a massive artery.”
  • Scalable and poised for rapid growth.
  • Strong leadership team with a realistic and executable business plan.
  • Already have Minimum Viable Product (MVP), and better yet, a first customer or two (some traction).
  • Realistic valuation that is more focused on the execution requirements than the potential value of the idea:  that’s right, ideas are cheap, we want to get it done.
  • Follow a lean methodology: So you build minimum viable products and get them into the market to test asap; then you improve and rapidly get the next version launched.
  • Flexible cost structures: the business has more variable than fixed costs, which can change and be adjusted as the business changes.  We’re not a fan of capital intensive models.
  • Come with a reference: you’ve taken the time to get a recommendation / reference from somebody we know / respect.
  • Know your key metrics, both for your past performance and the industry norms.
  • Finally, it has the potential to return 10 times the investment within 5 years. Doesn’t mean we’re going to sell, but it needs to grow rapidly.

Some of these are not easy, but that’s part of the evaluation.  Growing your amazing business is going to be much tougher, we need to see you’re resourceful and driven enough to make this work....


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