DTV FAQs
In what stage does Draper Triangle invest?
We concentrate on Angel or Seed Stage rounds, as this is where we can make a difference to our portfolio companies, and where we can add the greatest value for our investments.
What are the criteria for Draper Triangle investments?
In general, we look for high gross-margin businesses in large markets, not narrow niches and we place heavy emphasis on a great managment team.
We are looking for entrepreneurs who want to change the world. Our portfolio "sweet spot": Internet, High-tech, Bio-Medical Devices and Electronic Services.
We like to keep an open mind and consider unique opportunities. However, we will not invest in areas where we cannot be helpful. Shops, metal bending plants, chemical processing plants, these are examples of areas with which we have no experience. These are are areas in which we will not invest.
Read more about the specifics of our investment criteria.
How much time do you spend with portfolio companies?
We all have start-up experience, and we give as much assistance as necessary to make the investment successful for both of us. We try to make sure you're a home run.
What is the process to get an investment at Draper Triangle?
There's a process for everything and securing financing is no different. Generally, we follow an 8-step plan for making investments.
The typical process goes as follows:
- Business Plan Review
- Managment Team Presentation to Principals
- Due Diligence
- Evaluation of Opportunity
- Principals Meet to Discuss Opportunity
- Initial Term Sheet Discussions
- In-depth Due Diligence
- Final Term Sheet
At any point, events may arise that can disrupt the investment process. But we realize that the entrepreneur still has a business to run, with or without the investment, and we try to disrupt that business as little as possible.
When events occur to upset the investment process, we try to respond as quickly as possible. We understand that a fast "no" is better than a long drawn out process where the entrepreneur and investors keep meeting to no avail.
To get started, submit your business plan to us electronically.
