Help MP-Deal Sourcing ensure that all information on current and potential investments is updated on a regular basis.US30 US Wall Street 30 (USA 30, Dow Jones). Help MP-Deal Sourcing maintain deal pipeline database. Attend networking/entrepreneurship (particularly URM entrepreneur) events. Documentation: summarize call notes, enter deals into CRM. Deal screening: call and/or meet with prospects, evaluate opportunities. Assess market/company attractiveness to help identify compelling businesses. Read/review business plans and pitch decks. Business analysis, industry thesis, competitive landscape, business/pricing model, and financial modeling / deal structuring. Lead and organize due diligence with analyst team. The MP-Deal Sourcing will take the lead on sourcing deals, however Senior Associates are expected to assist in these efforts when possible. As such, they will serve as the main point of contact for founders, lead company and market research efforts, and spearhead creation of presentation materials. Senior Associates will lead teams of 2-3 analysts in deal sourcing and due diligence. The goal for these investments is to gain allocation into a financing round led by institutional investors, which would provide students unprecedented access and exposure to the world of venture capital – not to mention potential job opportunities. These investments will be documented through either a SAFE, convertible note, or stock purchase agreement. Peachtree will make, at minimum, one such investment per academic year. This is the type of founder a student run fund would normally deal with exclusively. Seed Stage: $25K-$50K investments into companies who have gained more traction and have already secured some funding from other sources as part of an institutional round of financing. These investments will be documented through either a simple agreement for future equity (SAFE) or a convertible note. The idea here is for Peachtree to invest $25K-$50K per year spread out over multiple companies, where the founders cannot depend on funding from friends and family. Angel/Friends & Family Gap: $5K-$15K investments into founders with great ideas and perhaps a product or service, but not in the revenue phase. That's important, because it will help them identify the needs and desires of the underrepresented communities these products/services serve.Ĭhecks will be between $5,000-$50,000, dependent on the entrepreneurs’ stage Peachtree has non-racial minority student investors looking at markets they possibly do not understand. 
Part of the enormous, underappreciated value from underrepresented minority founders lies outside of tech and healthcare (for example, Tristan Walker’s Bevel Company or Ryan Wilson’s The Gathering Spot).The fund will follow a holistic research process whereby the student investors will not only learn about the company in front of them, but the larger industry and its risks and upside.Investments will only follow a thorough diligence process We invest in companies that have at least one founder who identifies as Black/African American, LatinX, or Native American (this founder must also have a controlling equity stake in the company).To ensure Peachtree meets its purpose, the fund will engage with entrepreneurs not traditionally served in the venture capital ecosystem. Only 1% of VC-backed founders are Black, and less than 2% are Latinx. Women and minority founders receive less than 3% of capital investments.
Unfortunately, many of the same systemic issues that exist in other parts of society prevent URM entrepreneurs from making the kinds of connections in the venture capital ecosystem necessary for investment.Venture capital allows outside investors to put their stamp of approval on a business allowing it to scale its operations and increases its marketplace reach. Venture capital is one of the chief growth mechanisms utilized by small businesses.venture capital investments quadrupled, but this effect has not benefited URM. A lack of diversity at venture capital firms may be contributing to a lack of access to funding for URM entrepreneurs. Only 1% of VC-backed founders are Black, and less than 2% are Latinx.African American entrepreneurs are rejected for loans at a rate nearly 20% higher than white entrepreneurs.Persistent low wealth in Black, Latinx, and Native American communities equals less access to personal or friends-and-family funding for startups.
Access to capital has always been a problem for underrepresented minority entrepreneurs (URM) entrepreneurs.
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