Selection Criteria for Portfolio Companies
Market
» Potential annual revenues of $50-$100 million
» Market characterized by rapid, high growth
» Global market opportunity
Management
» Experienced and dedicated management team
» Management is able to work effectively with HiBEAM
and benefit from its program
Exit Strategy
» Management has a viable exit strategy
Risks
» Limited risks associated with technology, market,
sales, and management development
Product/Service
» Company holds proprietary property with respect to
its products/services
» Significant competitive barriers to entry exist
Geographic Focus
» Company is owned and operates in the State of Hawaii
Ground Rules
1. A portfolio company provides HiBEAM with a small percentage of equity in order to participate in the HiBEAM formal mentoring program.
2. There is no minimum time requirement for participating companies. Participation will end when the company and/or the virtual board decide the relationship should end.
3. Companies are under no obligation to follow the advice of virtual board members, or enter into service agreements or contractual relationships with them.
4. Companies may, at their sole discretion, receive services, space, equipment, etc. from virtual board members in return for fees, equity options, or other reciprocal consideration during their participation in HiBEAM.
Click here to see our first round portfolio companies. If you are interested in becoming a HiBEAM company, please click here and tell us about your company.
