The fund invests primarily in companies that provide leading-edge products and services of exceptional value to the customer, with management teams, or plans to recruit management teams capable of leading these companies to rapid growth in sales and profits in the global marketplace. This usually implies potential for high growth, a strong market position, and a sustainable advantage.
The Fund seeks investment opportunities having:
- A market opportunity sufficiently large to create a business with at least $50 million in annual revenues;
- A compelling, well articulated strategy for capturing a significant market share;
- Proprietary technology or other strong barriers to entry;
- Strong management with relevant experience, a successful track record, a desire for advice and coaching and a willingness to listen;
- An exit strategy for the investors;
- Realistic expectations about valuation and the value of the angel group in business development.
Specifically, Whitesand Investments looks for situations where the investment will take the company to the next level, thus materially increasing its valuation.
