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How It Works
The Viking Club operates rather like a golf club. It is self governing and non-profit making. Membership is limited to a maximum of 30 members who are serious about making investments in small businesses.
Club members are expected to make at least one investment a year to demonstrate their commitment.
Investment opportunities come from both the Viking Fund and the individual Viking Club members, through their extensive contacts, publicity, the website and their track records. The Fund always refers the interesting opportunities to the Viking Club but members finding investment opportunities have a number of options:
(a) keep it all for themselves;
(b) share it with the Fund but not with other members;
(c) lead a syndicate of Club m who invest with or without the Fund; or
(d) allow another Club member to lead the investment and making only a minor investment themselves.
Members are notified of investment opportunities by email and are able to download the business plan form the Viking Club’s exclusive website. If they express interest by the deadline, the Club Administrator will arrange a presentation by the company looking for funding at the next club meeting or potential investors can arrange their own meetings.
Viking Club members always make their own investment decisions and the Fund does not give any investment advice. Members have the option of using the Fund’s standard due diligence and legal documentation to save both time and money, or they can make their own arrangements. The Fund has the flexibility to fit in with whatever deal is negotiated but always makes its own investment decisions and may decide not to invest in any particular deal.
Members may be individuals,
companies or syndicates of investors who always make their
investments together. In all cases, only one nominated individual is
allowed to represent the ‘member’ at meetings, presentations or to
access opportunities on the website.
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