Page 5 - Futr Investment Proposal
P. 5

5
             Initial Assessment Against Criteria











            Criteria                             Stage 2 Grading


            Management Team                                      B

            Market                                               B


            Model                                                B

            Money                                           B-/C+                                  At Stage 2, Futr was


            Momentum                                        B-/C+                                                    considered a


            Weighted Grading                                     B                                reasonable prospect.

                                                                                               Our assessment of the
            • Our initial assessment was that Futr was a
               reasonable prospect but not an outstanding                                     business has improved
               one
                                                                                                    as we’ve spent time

            • This has changed as we have spent more time
               with management and understanding the                                                     with management
               business model and opportunity
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