Our model is different so we want to ensure you have what you need to make the best decision for your business.
More FAQs to Come
At what stage does COLLAB invest?
Product: Even if it is a pieced-together Minimum Viable Product (MVP) we’ll happily take a look. Our model requires some proof so we don’t invest if the capital will be spent on your MVP. If you have questions or need resources to get your MVP launched connect with Collab Studio here.
Revenue: As mentioned in the Product criteria, we need some evidence that customers will pay full price for your product. A free, deeply discounted, or pre-revenue concept is probably too early for us. At the low end we will take a look at companies generating around $2k in monthly revenue and invest in companies up to about $1m in annual revenue.
Path to Customer: Our model works best if there is a pathway to revenue, so we like to see at least some evidence of acquiring customers outside of your immediate network (friends, family, colleagues).
Please note that like most savvy investors, we will occasionally invest outside of these parameters so please don’t consider these as absolute. We strive to be helpful and still want to hear about your company.
What is the typical investment size?
Do you invest outside of Atlanta
Does my business need to be a C-Corp, LLC, etc?
Are you making investments right now?
Is this an accelerator?
Will there be mentors?
Does COLLAB determine my salary as a founder?
Want more on how we're investing in Black businesses?
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384 Northyards Blvd NW
Atlanta, GA 30313