Goal: Acquire deeply discounted interests in 30 compelling private companies that have unicorn potential
Accelerator targets interests in:
30 growing companies that the manager believes have the ability to reach $1 billion in valuation
Summary of Strategy
For accredited investors only. An accredited investor has annual income over $200k ($300k combined with a spouse) or net worth of $1 million alone (or combined with a spouse)
Accelerator takes positions in 30 leading tech companies that generally have $1-$20 million in revenues and are interested in a potential exit
First 6 accelerator opportunities have been closed with exceptional companies. 20+ additional offers have already been made to potential accelerator companies.
Formed by ex Goldman Sachs bankers with an extended advisory team of 30 professionals, advisors and consultants from hedge funds to Fortune 500 companies. Over 100 years combined investment experience and deep pre-IPO experience
Team track record of billion dollar investment results: Facebook, Twitter, Cvent etc.
As of Sep. 2020 IPO market has been strong despite Covid. Largest software IPO in US history, Snowflake, launched successfully in September 2020. Many more are expected shortly
Very basic summary information is presented here. Schedule a meeting to learn more at https://meetings.hubspot.com/steveo1
A CrossWork partner completed an early stage investment in Cvent
Cvent completed an IPO on the New York Stock Exchange at a valuation at over $1 billion
Cvent was subsequently acquired for $1.6 billion by Vista Equity, a fund founded by a former Goldman Sachs colleague
As of August 2020 ranked top 10 among software companies in USA
“In addition to completing an equity investment in our company Steven helped us complete our overall round of equity financing and has provided us with significant strategic input and guidance that has helped out overall strategy;”