INVESTMENT MANDATE
Companies SV Invests In:
-
Company founders that 'match' with us in terms of communication, execution styles & beliefs
-
Proof of distribution & sales
-
Scalable and recurring income streams
-
Founders who are candid to audits and make full disclosures
-
Founders who are PhDs: "poor, hungry and determined" (at least 2 out of 3)
Specifications:
-
Pre-seed and seed-stage companies ONLY
-
Investment quantum: ~SGD300,000
-
Possible investment structures:
-
Opex, Purchase Order financing
-
Venture-debt (loan that comes with an equity-kicker for the investor). Click here.
-
Straight-up equity
-
Royalties
-
Simple Agreement for Future Equity (SAFE)
-
-
Co-investment (matching style: SV may invest a few dollars for every dollar raised by the Company)
-
Equity ask: usually 5-15% of the company
-
Investment tenure: 2 - 4 years
-
Usage of SV's preferred corporate secretarial/accounting/legal firm is a strict criteria
-
Portfolio companies MUST be domiciled in Singapore
Companies SV Does NOT Invest In:
-
Founders who are unwilling to put themselves on the line ("wantrepreneurs" need NOT apply)
-
Unresponsive/irresponsible founding teams
-
Lack of proper documentation; unwillingness to focus on Standard Operating Procedures and compliance standards
-
Businesses that portray themselves to be 'perfect'