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Investment
Criteria
While
each opportunity is reviewed individually, elements common to
all Vanguard
Equity investments include:
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Capable
management teams with an entrepreneurial vision, drive and
pertinent experience.
-
Products,
which address dynamic markets with high growth rates and
substantial size.
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Leading
edge or breakthrough technology with a proprietary and/or a
leadership position.
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Thoughtful
assessment of the risks of the target market sector and
those inherent in early stage companies.
A
formal business plan is less important to our analysts than a short, concise
and focused synopsis of senior management's vision for achieving
market success and a
clearly defined strategy to take the Company into a global lead
position. We prefer to invest in established businesses which
have grown as far as they can on their own financing and are in
need of a strong financial partner in order to take the Company
to the next level.
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