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Table of Contents
New Deals
WebStreet Fund 8
WebStreet Fund 8 offers passive investments in cash-flowing online businesses, targeting a 20%+ IRR.
Deal Basics
- Investment Size: $4-6 million
- Minimum Investment: $60,000
- Potential IRR: 20%+ (projected)
- Deal Type: Online Business Portfolio (SaaS, DTC, Agency)
- Deal Duration: Not explicitly stated, but likely 3-5 years based on typical fund structures
Deal Overview
WebStreet Fund 8 is a diversified fund investing in online businesses, focusing on Software as a Service (SaaS), Direct-to-Consumer (DTC) e-commerce, and agencies. The fund aims to leverage the expertise of three experienced portfolio managers to acquire, grow, and potentially exit these digital assets. This opportunity allows accredited investors to gain exposure to the rapidly growing digital economy through a passive investment vehicle.
Project Fenway
Project Fenway: A cutting-edge IoT analytics solution for optimizing physical spaces.
Deal Basics
* Investment Size: $12,000,000
* Minimum Investment: $250,000
* Potential IRR: 6-15X return (specific IRR not provided)
* Deal Type: Private Equity (Majority Equity – Carve out)
* Deal Duration: Not explicitly stated, but likely 5-7 years
Deal Overview
Project Fenway is a carve-out opportunity from a public company offering innovative IoT analytics solutions for physical spaces. The company provides a combination of hardware and software that tracks and optimizes environments in stadiums, airports, hospitals, and large retail chains. Their technology enables real-time data analysis for enhanced operational decision-making, with applications in cleaning optimization, compliance tracking, and revenue maximization. With $5.8MM in bookings in 2023 and projected growth to $10.1MM in 2024, Project Fenway represents a high-growth opportunity in the burgeoning IoT market.
Remotely Studio
Remotely Studio is a cloud-based AI-driven post-production platform for professional video teams.
Deal Basics
* Investment Size: $1,500,000
* Minimum Investment: Not specified in the deck
* Potential IRR: Not explicitly stated, but implies 6-15X return
* Deal Type: Startup Equity (Pre-Seed Round)
* Deal Duration: Not specified
Deal Overview
Remotely Studio is a cloud-based platform that aims to revolutionize post-production workflows for professional video teams. The company leverages AI technology to automate and accelerate various post-production processes, enabling remote collaboration and significantly reducing costs. With a focus on addressing the challenges of decentralized creative teams, Remotely Studio offers a comprehensive solution that promises to be faster and more cost-effective than traditional methods.
Future Deals
We’re kicking around five ideas at the moment, as well as a new opportunity in alternative real estate. The champagne deal has improved a bit. Our broker says we were too conservative, and historic returns are closer to 18%.
- A champagne SPV targeting 15% to 18% returns – I’m interested in this.
- Cash-flowing agave farmland targeting 16% to 27% returns – I’m interested in this.
- Cash-flowing tequila SPV with annual distributions targeting 30%+ returns – I’m interested in this.
- We’re speaking with two different sponsors in the film finance space, specifically looking at horror films, which bring the highest ROI of any genre. I’m interested in this.
- We’re still early in identifying opportunities, but litigation finance is the most requested asset class. We should have something good ready within a few weeks. I’m interested in this.
Investor Field Trips
The Nashville site is up, and we’re taking commitments. Stefan tells me we’ve already filled five slots, and he’s booked the headline speaker.
This trip is going to blow the doors off. Make sure to RSVP early and often.
You’ll stay at the Noelle Hotel — an experiential hotel in downtown Nashville and a creative gathering place for adventurous people seeking an authentic Nashville experience.
We’ll host legendary speakers over breakfast at the hotel in the mornings.
In the afternoons, we’ll tour recording studios, go backstage at famous music venues, catch a live show or two, and experience a riverboat cruise.
In the evenings, we’ll dine at mouth-watering steakhouses, sample the finest Kentucky Bourbons, and maybe some honky-tonking.
Between it all, there will be ample downtime to relax and explore the city.
That’s it for this week. Any questions, comments, or suggestions, please shout.
Cheers,
Wyatt, Stefan, and John
