How does the Hub investment process work?
The Hub process begins with screening deal flow by the Managing Directors. There are typically two screening sessions before each meeting. The final screening session concludes with consensus around three companies which are invited to present at a Hub Investment meeting. At the Investment meeting each company will present for 15 minutes, answer questions for another 15 minutes, and will leave the room. The Hub Group then discusses the opportunity and polls the group about whether a due diligence team should be formed to explore the opportunity in greater detail. If a due diligence team is chosen, they typically take 90 days to complete their effort and make a recommendation to the Management Group and the Membership. A final conference call with the CEO of the prospect company is arranged so that Members can ask any questions, formulate their vote (each Member is on the Investment Committee), and determine if they would like to co-invest. A vote by electronic proxy is then taken of th
