Typical steps prior to investment

The typical steps we go through with a new Investment Case are the following.

  1. We get contacted by the Entrepreneur (or vice versa), or by one of our partner investors

  2. Business Plan presentation by Entrepreneur(s)

  3. We work together with the Entrepreneur to refine the Business Plan to something we both believe will make the Company successful

  4. We outline the Financing arrangement

  5. Open Ocean makes the preliminary Investment Decision

  6. Typically, we then review relevant formal Company document and arrangements (like the Share Holder Agreement, Board and Management setup, legal contracts etc), which might require updates, and agree on these changes

  7. We close the financing, and become an active shareholder