Following are some of the most common questions from new members. If you have further other questions, please contact us, and we will be happy to answer them.
Q1. What is 7Avenues?
7Avenues is a network-driven private investment company formed by investors (members) with diverse professional backgrounds and common ambition to fund, grow and operate high-growth ventures. We have the ability to access bigger investments and expertise to take operating companies to next phases of growth: including equity sale and IPO. Platform for individual investors, starting under Rs 50k (or USD 1000) to realize, without undue financial exposure, the upside provided by venture funding / ownership– otherwise a domain of only high networth large investors.
Q2.How can I join 7Avenues?
You can join 7Avenues by contacting us, and then having a discussion on your investment objectives, and if they match our goals, then we will invite you into 7Avenues. The amount of investment is not a consideration -- you can decide how much you want to invest. We have a wide range of investors with different investment levels.
Q3. In what ways can I contribute in addition to investing capital?
There are many ways, like:
- You can contribute in the current portfolio companies
- multiple possibilities exist in various business functions like
Sales & Marketing, Finance & Accounting, Business Analysis,
Compliance, etc. If you have expertise, we will find a way to use it!
- You can bring your Idea and build on it with the group's expertise.
We have a venture evaluation process, and of course, we would like
to see your 110% commitment into anythig you propose.
- You can bring suitable investors from your network and earn
sweat-equity when a new investor joins our group.
The point is that our member-investors have very diverse backgrounds
and networks, and we want to offer you a platform where you can take
new professional challenges that you want to take. We want to make
this is a very rewarding and satisfying experience for all our members.
Q4. What are the requirements for 7Avenues to include me in the group?
We evaluate each new member-investor for the benefit of all stakeholders. While we want to expand the investor network, sometimes the investment objectives and time frames are not matching. We always tell every interested person the specific reasons if the investment objectives are not matching.
We regularly ask all our member-investors to understand the inherent risks facing our ventures, and how they can not be a source of "assured returns", which in fact, no form of equity participation can offer. So we transparently share the risks associated in our business.
If we feel that the investment objectives don't match, we will share it upfront, and if we think that you are taking undue financial commitment/exposure, then we will ask you to stay in touch so that we could suggest other ways of contribution to you. In fact, you should not take undue exposure wiht any one investment. It goes back to understanding risks and financial planning with some diversification. Between your financial success and your investment into 7Avenues, we prefer the former.
Our core team members plan to work for 7Avenues the rest of their life, which is about 20-25 years more, and reputation and trust are very important for us. We are looking for members who like our ventures, and want to be part of our group, and hold our shares for 5 years or more, because that is needed to see the fruits from our ventures. We have seen our members go through financial ups and downs and they have stood by us and we have stood by them. So you must feel motivated by our ventures, because as our shareholder, you are a business owner like all other members.
Please note: if you are looking to invest X and expect services worth 10X, then that will be difficult to service because we are a growing organization and our team's bandwidth is often stretched by the business growth needs. We have a large group of investors to serve, and we can not afford to give a significant part of our effort to any one investor. Hence, we request such investors to come back in a year or two, when we have a dedicated full-time Investor Relations team.
Q5. What type of shares do I get?
All our investors have received common shares with no special rights, and you will receive the same.
Q6. How are the shares priced?
There is one share price for all investors on any given date. So everyone makes investments with the same share price. We revise the share price every quarter based on the business KPIs achieved and the Fair Market Value of our ventures. It is communicated every quarter to the investors. As we grow in size, with a portfolio of ventures, our risks are decreasing
Our approach is to have a larger group of investors rather than seeking larger capital from a few wealthy investors. It is a network driven approach. Therefore, as of now, the share price is being maintained lower than the fair market value because we want to offer promoter-like value to our current investors. Over the coming quarters and years, the difference between then fair market value share price and the issue share price will be reduced. Please contact us for the latest share pricing.
Q7. What if I am not able to meet my investment schedule due to some reason?
It's okay - you can invest later, but that will be at the ongoing share price. Please understand that irregular investments impact our business planning and it may also force us to fill the gap with costlier short-term funds or delay our growth projects- hence impacting our business value. So please plan as much as possible and avoid such scenarios, and if you must postpone/cancel your planned investment, then please inform us at least a month in advance.
Q8. What information and reports will I get once I am an investor?
- You will have access to our Investor Login area, where you can see your shares (Capital and Sweat Equity) and their transactions.
- You will have access to our Member Blog, where we share monthly, quarterly, and annual reports, and telecon recordings.
- You will have access to our Member Egroup, where we share business and market updates as they happen.
We take all suggestions and feedback with the same seriousness, irrespective of who has how many shares. Our Investor Relationship (IR) Team comprises some our key investors (which, we have seen nowhere else), and that should indicate to you what we mean by investor participation in 7Avenues.
Q9. Can I see the business reports of the operating companies?
Yes of course. We can share a copy of the latest monthly business report with you once we are discuss your investment objectives and interest in 7Avenues. Please also note that our operating companies e.g. 7to9 Retail may have strategic investors other than 7Avenues. Our members will get all the details. For each Operating co, we have a few members who will sit on the board from 7Avenues. And they will get all the information along with full time 7Avenues team.
Q10. Can I bring in new members from my network?
Yes. We encourage our existing investors to share our ventures with others who may be interested in joining us in any role - as investor, employee or business partner. If you have someone in your network who would like to join 7Avenues, we would to speak with him/her to describe how we work. Our members have access to all information and collateral, which they can share with potential investors, and they receive full support from our core team in such discussions.