Short answer: No.
Often firms that come to Foodshed Investors want us to sign an NDA, or Non-Disclosure Agreement. This is totally understandable, as they are concerned about their proprietary trade secrets, their financial actuals and projections, and their plans for the future. But we won't do it...
Increasingly, we're hearing from entrepreneurs that have received interest from an outside investor or are just about to approach investors and they want us to "take a look" at their deal. They're not necessarily looking for funding from us, but just want an informed opinion as to whether the terms on the table are fair, or customary. Or maybe they've never raised money before and just want to understand the process.
We're happy to do that!
Companies engaging with FI may have access to tools to assess "gaps" between their present state and having a quality fundraising deal; to create a workplan to address those gaps; to assemble a potent investor package and due diligence materials; to target and curate potential investors; and to to plan and manage their business.
FI charges a simple monthly retainer for Advisory Services. The amount of the retainer varies by client, dependent on the complexity and effort of the expected work and the client's stage of business.
We don't run cohorts. That means we don't limit the number of firms we'll work with to some small pre-determined number. If you qualify and have a good chance of success, we'll work with you. And, you're not constrained to the cohort's timetable: you can move as quickly or as deliberately as you choose through the process.
What if "scale" didn't just mean one entity growing ever larger and larger, facing the issues and creating the difficulties that accompany growth for growth's sake...
DISCLAIMER: Local Impact Investors LLC, dba Foodshed Investor and also dba Austin Foodshed Investors, is not a venture fund, investment bank, broker dealer, investment clearing-house, investment club, or investment advisor...
As many of our clients have not raised money before, we try to be very transparent about the process, players, and especially, the fees. There are several things that are not included in our "funding readiness" advisory services, including...
Like makers of artisanal food, we take pride in crafting each client engagement with care. That means personal attention to you: serious listening to understand your business and your goals; in-depth gap analysis & expert assistance to prepare for successful fundraising...