NEXT WAVE/PORTFOLIA ANGEL FUND

Stage/Exit Time Some later stage w special provisions such as connections, offering an expertise etc Seed, A and B Diversity/Geography Geographical diversity as long as due diligence can be well done If lead deals than very accessible for due diligence and involvement Sector Only deals in which one of the nine have sector expertise (* equals more than one expert and so will only lead in one of these top 6 areas) *Consumer discretionary *Edtech *Data analytics *Cleantech *Health... tech *Med Devices Enterprise Consumer Internet SaaS NO pharma, real estate, film/entertainment Size $50k-$250k with the sweet spot of $100k-$200k Governance When Lead than actively engaged in corporate governance (such as board seat ,advisory board etc) Regular engagement with company, depending on if lead etc Instruments We will invest in Equity and Convertible notes Guiding Principles- Valuation and DiversityMore