We like companies that are resolving a problem that needs to be resolved, business that have an MVP, and we truly like Man Kawasaki's additional V in that acronym which is "Minimum Viable Valuable Product." Not always. We'll look at companies that are either pre-revenue or have a bit of earnings.
I point out that as we most likely contend more versus angel investors rather than other VC firms, even if of the threat level of investments that we try to take. We're not too anxious about that. We have an excellent team behind us to assist the start-up. Obviously, we love founders that have a little experience, however we're more thinking about the vision, the idea, the item, and the potential of the team.
Having a really knowledgeable creator isn't too essential to us due to the fact that we can provide that mentorship, although we do value it. That's a fantastic question since it honestly amazed me to find out that there is a lot more cash out there than there is quality offers. Solution Can Be Seen Here in the company is to convince startups to choose us rather then other investors, and the most significant reason I provide is that we have actually been there; we've done it.
We're trying to find companies with which we'll actively get involved on the board to help them scale up. Our creator happens to own an IPO planning company and is extremely experienced with M&A, so we can add a huge amount of value both at an early stage and through the high-risk phase, however we can also modify down the roadway, depending upon what the founder desires to do.