Profitable, double sustainable (financial and conservation) company that is raising money. Has been around for 14 years, and recently paid out an annual dividend of $2 on $100 purchase price. Confusing business model, but worth considering for anyone really passionate about recyclables.
CreditKarma/Mint.com/Zillow Offers for real estate. One team that grew from 2019 monthly revenue of $20k to $90k. Eating the lunch of mortgage originators, title companies, and insurance companies. The market is enormous and success will pend on the team being able to dominate each vertical at the right speed.
Equity crowdfunding platform. Competes against SeedInvest, Republic, WeFunder, and the entire ecosystem. Trying to build an alternative trading system so that Regulation CF and Regulation A can be liquid. CEO is was a co-founder of Activision and they recently signed Kevin O’Leary on board.
Electric, fully autonomous commercial lawn mower. Backed by the same people who backed Miso Robotics. No revenue but has commitments of purchase from landscaping companies and eventually wants to expand to be a landcare platform.
Investment company for SaaS businesses. Team is copy paste from Hello Bar. Investment thesis is acquiring bootstrapped SaaS businesses with good product, poor marketing, sub-$1.5MM in ARR and too slow for traditional venture capital.
“Setting return expectations for a business pursuing a growth path and a future public listing is not something we can do at this time. We hope to perform according to similar businesses experiencing substantial year over year growth and, as all management teams do, will seek to outperform our benchmarks.”
Private equity for small businesses. Very solid investment thesis, but uncertain whether it’s venture backable. What technology are they building that lets them scale to buying and operationalizing dozens of businesses in the next 3-5 years? In addition, with a downpayment of $200k per business (leveraged,) how much capital will they need to get to $20MM in EBITDA per year?
SaaS platform that wants to use blockchain, AI, and loT to improve the transparency of supply chains of global commodities. Seems like it has a lot of moving parts on technology. Has large customers like Gucci, Calvin Klein, Nespresso, on board.
“Bikeshare apps” for food trucks. For those who are uninitiated, bikeshare apps (Lyft, Citibike, etc.) have an app that shows you where bike docks are, how many bikes are available, pay for renting of bicycles, and other digital experiences with customers. Truckbux wants to do the same thing for food trucks, showing where they are, what their menus are, allow for pre-orders and payment, and also ultimately build a marketplace.
SaaS platform that wants to become the big data decision engine for doctors diagnosing aneurysms and making big medical decisions. Very early with no obvious product trying to launch in a heavily regulated, anti-innovation industry. Reminds me of Monogram in that it’s a highly speculative business model, but less scammy-vibes, more naivety and startup ignorance.