Some exciting upgrades to the Catapult Program!
Published May 30, 2023 by Nina Pearl in
Would you have invested in a Zoom at $3 per share?
Perhaps, if you’d had a crystal ball to see the future and, more importantly, a mechanism to execute the investment.
For more than 80 years, investing in exciting early-stage companies was available only to accredited investors, the wealthiest 2% of Americans. This changed when Reg CF went into effect, enabling the general public to crowdfund promising innovators. This capability is now available to our network via a partnership developed by the Catapult team.
Since 2019, P&G Alumni’s Catapult team has been focused on identifying high-potential, alumni-led startups around the globe and connecting them to alum investors and advisors able to contribute to the startup’s success.
As of mid-2023, the Catapult program will be extended with a new online platform to streamline the investment process for both the startups and the investors and will provide opportunities for P&G alums to offer mentoring and industry expertise to the companies. This capability is being brought to the network through a partnership with a leading global private equity investment platform provider.
Investing in startups is risky, no doubt about it. But imagine that you’d invested $100 at $3/share in Zoom pre-IPO. What would that investment be worth today? The answer is $2,170. That is an annualized total return of 47%. Quite a bit higher than the S&Ps 9% average rate of return.
Stay tuned for details on this new program in upcoming newsletters.
About the P&G Business Catapult Program:
Business Catapult is the P&G Alumni Network’s virtual accelerator program for Alumni founders seeking investment, connections, and marketing for an existing venture.
By connecting P&G Alumni Entrepreneurs with P&G Alumni Investors and Advisors in order – we help your business to accelerate growth and make connections for potential funding.
This is an ongoing program providing mentorship and advisory to the top ventures. We guarantee at least one advisory session.
Selected semi-finalists present at an annual global pitch event – with finalists presenting at the P&G Alumni Global Conference, and the final winner recognized as the P&G Alumni Star Entrepreneur.