Essentially, along with a friend we are allocating some funds towards finding early seed start up ventures. For the past couple of years we have made ad-hoc investments via various crowd funding platforms. After a couple successes we decided that it would be worth it to try and source our own projects where we could take a bit more of an oversight approach and not pay the ridiculous fees that you find on the existing platforms.
Basically what we are looking to get involved in is projects that require between 0-5k gbp (although this is flexible) of start up funding to get the project going, and are projects that ultimately can run on a very low cost base but can generate cash flow relatively quickly. I personally think there are tons of projects that can be done online with limited funding, and will probably never be huge businesses, but they can achieve a fairly decent percentage return and relatively quickly. I have started several of these types of businesses back when i had time during university and so I know how easy some of these ideas are to execute, it just takes someone who has the time to actually run the day to day operations.
As I currently have very limited spare time, through this venture i am attempting to find people who want to start these kinds of projects but need some sort of funding to get it going. The idea is quite simple, we would be looking to take a non controlling equity stake in any project and in return provide the funding required. In addition to funding, we aim to add value to each project by bringing in a wealth of experience both in start ups and in general investing (approx 25 years of buyside/sellside experience between us), as well as a host of contacts across the finance industry.
The full process and what we are about is described here: Rubix Cube Ventues.com
and if you have any questions feel free to message me on here or via [email protected]
We will be looking to make our first investments probably near the end of February once the legal side of things is sorted, so want to start analyzing projects before then, so if anyone has a project they are looking for funding for, or know of someone then get in touch. We will be more actively sourcing projects end of this month but as I have been a member here for quite a while I felt the natural first step was to post this on here in the meantime.