Venture Giant - Polaroid Features Investment Proposal on Venture Giant - Angel Investors Network
LONDON, August 3, 2011 /PRNewswire/ --
Polaroid, the international consumer electronics company, has approached Venture Giant, an established angel investors network, to assist them to raise an eight figure investment amount to further develop and launch Polaroid products onto the global arena and take Polaroid to the next level, competing with other mass market products that include HP, Canon and Sony.
Polaroid is one of the world's most famous brands and it's new range of Zero Ink technology are capable of producing photographic quality prints on plain paper without the need of ink cartridges or ribbons which makes the technology truly disruptive to the consumer printer market that has always required replacement of its ink cartridges. Though the amount sought was far above the capital most Angel Investors and private investors would invest in individually, Venture Giant's company Founder, Rishi Anand was confident that he could secure interested parties from his network of Angel Investors, Private investors and Venture Capitalists that had taken him over three years to build. Investors from the Venture Giant network include private individuals from the Sunday Times Richlist, one of the original founders of Skype, a former Director of Goldman Sachs and PE's with over £350m of assets under management.
Since Venture Giant was launched in the third quarter of 2008, the online Angel Investors network has gone from strength to strength and has successfully featured over 1000 Investment proposals from UK businesses that are seeking to get in touch with high calibre business investors. As a result of this Venture Giant has been uniquely positioned to see the real growth story of UK tech start-ups in spite of what the current GDP figures of the UK may seem to suggest to the general public. Polaroid's success is not an isolated case and more and more UK tech start-up companies set up during the recession have been growing at incredible paces.
'British Technology companies are growing in spite of the recessionary environment; we see it with established British tech companies including Arm holdings, Sage, and Autonomy. These are just a few examples of established Giants in the UK that are exploding in growth but this is also being reflected with start-up technology companies that have serious growth prospects. I personally hear more optimism from tech start-ups on the UK economy then I do from the media overall.' Company director, Rishi Anand recently stated. Venture Giant currently boasts a total pool of combined investment capital available of just over £700m from their network of registered Investors and Venture Capitalists that are actively looking to invest in UK based pre-revenue seed concepts, early stage start-ups and established businesses and Venture Giant has proven to be the ideal meeting ground for both parties.
According to Barclays Wealth, there are now 619,000 Millionaires currently residing in the UK (1st Quarter 2011) and according to some estimations only 5% of those Millionaires would class themselves as Business Angel Investors. These high net worth individuals have become increasingly private and this has made it difficult for entrepreneurs to locate these individuals for the funding of their small businesses and Start-ups. Venture Giant however has been uniquely positioned to attract these private investors and has seen its registered investor capital pool explode from £60m in 2008 to over £700m.
In the words of the Company Founder, 'Venture Giant is definitely not trying to be the next Linkedin nor are we seeking to replace them in anyway. What we are specifically seeking to do is to be the first choice for start-ups and entrepreneurs that are serious about getting their investment proposal sent out to investors and angel investors that would not have been accessible to them through their friends and family and we intend to do this in a low cost, streamlined fashion that is disruptive to the rest of the industry. '
It is not that difficult to create a disruptive service in the angel investment industry as rival companies have been known to charge entrepreneurs seeking investment for their business start-ups up to £1,000 upfront with no guarantees on actually finding investment; a hefty commission of up to 15% on any money they do raise and perhaps most shocking of all; a percentage chargeable if the entrepreneur was to ever sell his/her business in the future - 'This is a tax on innovation - plain and simple'
Venture Giant however decided to take a 360 degree approach on this charging method and employed a pay-on-performance business model, which meant that an entrepreneur would only have to pay a one-off listing fee if the investment proposal was able to attract investor interest on Venture Giant. To find this investor interest, Venture Giant reviews all investment proposals submitted to them and offers help and guidance on how an entrepreneur should better position their investment proposal to attract the investment that they are seeking before a mass send out and promotion over a six month period.
'This is a full time job as we can receive up to 15 investment proposals a day and we will not approve all of them. We are committed to offering this advice free of charge for as long as we can and only when an investment proposal meets our standards will we agree to promote it.' Company Employee Dhruv Kakkad stated whose primary job it is to review each of the investment proposals submitted to them.
Most remarkable of all is that Venture Giant does not take a commission on any money raised by using their service and this has allowed Venture Giant to position themselves in the market as a filtered volume based deal flow service.
Is it working, and does it work?
Those close to Venture Giant believe that it does. Venture Giant has served over 4000 entrepreneurs so far, and received over 2500 investor applications to use the service. They currently have an investor decline rate of 3 to 1 and by maintaining this high decline rate most of the investment deals that Venture Giant sends out to registered investors get a 70% readership.
'Our approach works and our investors trust us, and we know this because we are being approached daily by serious business investors that have been traditionally very hard to locate and they are willing to provide us with more and more information on exactly the types of investment deals that they are looking to invest into'
More information can be found on Venture Giant here. News, reviews and testimonials can be found on Venture Giant reviews
A full list of Venture Giant's registered Angel investors are available to view and Angel investment proposals from start-up businesses are available to investors and can be viewed from the Investment link above.
Venture Giant does not fall within FSA regulations as it is not a commission collecting service, nor do they provide any type of advice or recommendations on any of the entrepreneur proposals that are listed on their website.
Each investor is required to attest to being a self accredited 'sophisticated investor' which furthers places the responsibility on the investor to understand the risks associated with typical early-stage high risk investments.
Contact:
Rishi Anand
Venture Giant Enterprises Ltd.
E: [email protected]
http://www.venturegiant.com - 'Making Entrepreneurs & Investors, rich'
SOURCE Venture Giant Enterprises Ltd
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