$200k Initial Investment
Office Space and Collaborative Environment
Tandem typically invests $200K in exchange for a convertible note and purchases 10% of your common equity at the founders' price. The note has a 20% discount and no cap unless you’re raising funds from other investors in parallel, in which case Tandem will adopt the other investment terms. Tandem also receives participation rights in subsequent financings, and it does not normally take a board seat. Contact us to request our standard investment documents for full details.
Remember not to disclose any information that you consider to be confidential or proprietary. Because of the large number of applications and related materials that we review, and the similarity of many such applications and materials, we cannot accept responsibility for protecting against misuse or disclosure of any information.
We have the ability to invest considerable additional time and capital as needed, and will structure our ongoing participation in a way that makes sense for everyone. We invest in teams from around the world, and provide office space in Silicon Valley for 6 months where you will work hands on with us and connect with our network of mentors and advisors.
Ready To Kickstart Your Business?
Apply before April 30, 2015 to be a part of the next batch of Tandem companies.