Page 33 - Praetura EIS 2019 Fund Information Memorandum
P. 33

We Back Scalable Models

               Analysis of the business models of successful against problematic investments shows a marked differential when
               assessed against traits that allow the model to be scaled easily.

                                                                                                                                                     Ability for business
                                     Recurring      High        Operational   Minimal Working   Repeatable
                                     Revenue       Margin        Leverage       Capital        Product                                                to benefit from
                Top Quartile Performers
                                                                                                                                                    significant operational
                Insurance Broker                                                                                                                    leverage (once scale
                                                                                                                                Product set             achieved)
                Energy Broker                                                                                                  that can be sold
                                                                                                                               repeatedly (ie.
                Insurance Broker
                                                                                                                              not selling time or
                Logistics Product Rental                                                                                      bespoke products)
                Asset Lending
                Delivery SaaS
                                                                                                                Positive
                Wealth Management                                                                              or minimal
                                                                                                             working capital
                Commercial Finance
                                                                                                              requirement
                AI SaaS



                                                                                                                                                 Praetura’s
                                                                                                     Recurring
                                                                                                      revenue                      investment strategy
                                                                                                    (substance or
                                                                                                       form)                        focuses on backing
                                                                                                                                         businesses that

                                                                                                                                    demonstrate these
                                                                                                                                           positive traits.
                                                                                                   High
                                                                                                  margin                                                  33
                                                                                                 products
   28   29   30   31   32   33   34   35   36   37   38