Prometheus focuses on companies
with technology-based products and services that are clearly
differentiated, protectable, and address well-defined
needs in rapidly growing markets.
We know from experience that
most successful companies begin with an entrepreneur, a
technology and an idea. Specifically, we look for
entrepreneurs whose companies have the potential to achieve a
market capitalization of more than $50 million in five years.
Prometheus favors early-stage
companies that have the potential to be attractive to
potential Fortune 1000 partners looking for strategic
investments to grow their core businesses.
Prometheus participation will
vary depending upon the stage of development of the
technology, the company, the management team, the capital
required, and potential appreciation.
The major criteria to be used
in considering opportunities include:
management/CTO with previous operating
experience in the targeted industry, strong self
motivation, a sense of urgency, and a long-term
commitment to the business;
and growing markets for the company's specific products
or services, which provide an opportunity for growth to
substantial size in revenues and market cap;
technology with a high degree of innovation or a good,
proprietary position to give the company a competitive
valuation of the company at the time of participation
which creates the opportunity to earn a substantial
return on investment;
in the range of $500,000 to $2,000,000.