"Jennifer possesses the qualities we look for in a GP. She has a powerful, unique investment thesis and is rigorous in her vetting process. What makes Jennifer stand out, though, is how well respected she is by not only the entrepreneurs in her portfolio, but also the entrepreneurship community at large."
Plexo Capital
Terms | ATO PRIME, RBF | ATO Ventures, VC Fund |
Focus | Cash-flow-positive Small Businesses needing capital to expand profitability via a clear and proven plan | Ready-to-launch Tech Startups focused on high-growth in giant markets |
Company Location | Puerto Rico | Any geography, Puerto Rico preferred |
Industry | Any, but favor businesses that we can help via experience, knowledge or connections | Health, Fitness, Wellness, Digital Media / Information, Entertainment |
Investment Amount | $5,000 to $50,000 | $10k-50K Pre-seed $100K-$250K Seed |
Structure | Convertible Revenue Share Stock Purchase Agreement | Convertible Note Stock Purchase Agreement |
Conversion Trigger | Set Timeline Change in Control | Qualified Financing Change in Control |
Return to Investor | % Revenue % Equity upon conversion | % Interest % Equity upon conversion |
Return Grace Period | 3-6 Months (No payments) | n/a |
Term | 2-4 Years | 5-10 years |
Target ROI | 1.75x – 2.5x (2-4 years) | 4x – 5x (7-10 years) |
Expected Cash Flows | Quarterly payments | Lump sum at 10-12 years |
Entity Structure | Membership LLC w/ Managing Member(s) | LP / GP / Manco |
Management Fees | TBD (Pilot: N/A) | 2.5% |
Manager / GP Carry | TBD (Pilot: N/A) | 20% |
Type of Return to Members / LP | TBD (Pilot: Passive Income from Puerto Rico Source. Taxability depends on the source of capital. Eg, Untaxed if you use SDIRA for investments.) | Long Term Capital Gains from USA Source |