We move fast – typically between a week to a couple of weeks from first conversation to term sheet. Our process is simple yet exhaustive and this is generally what happens in that time.
You might be introduced to us directly, or you share your initial pitch deck directly with us here. We’ll take a look at your deck and let you know what we thought within a week.
If we’d like to hear more, we will get in touch with you. The conversation will be about the team and understanding the product and opportunity in detail.
Whether we are keen to move forward or not will be communicated quickly after the initial conversation. If we are moving forward we will need access to the data room to deep dive into the product, IP, metrics, scalability, traction, etc followed by a follow-up call.
You will hear back from us quickly with a ‘no’, a ‘yes’, or a request for more info to help us make a final decision. If we are not going to invest, we want to tell you no quickly and also tell you the key reasons that contributed to our choice.
We work on a term sheet for you – we work from standard docs as much as we can to make it quick for you and minimise pain, time and lawyers in the future. If you accept the term sheet, we move forward with signing the subscription agreement and shareholders agreement.
Once the documents are done we provide strategic support, connections and business advice among other benefits.