Investment Amount
Stock Potential Returns Over 2 Years (1)
Accelerator Potential Returns
Total Returned To Investor
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●Former CEO of Spirit Airlines, Co-Inventor of Lipitor, A Top Selling Drug Of All Time, Join CrossWork Board of Advisors.●CrossWork.us Named “2021 Best Pre-IPO VC Fund Manager – USA”●CrossWork Midas SEC (U.S. Securities And Exchange Commission) Filing●Colonel (Retired) Dr. Stephen Golden Joins CrossWork.us Advisory Board●Anatomy Of A Billion Dollar Exit – Cvent.com
A leading pre-IPO group driven by top venture capital professionals and industry advisors
CrossWork Midas Pre-IPO Fund - focused on late-stage, venture capital investments in pre-IPO companies. Investors include current and former employees of Facebook, LinkedIn, Stripe, Morgan Stanley, Goldman Sachs and other successful executives.
Investments completed in many leading companies each company having a median valuations of over $4 billion and aggregate valuaitons of over $100 billion. Investments in life sciences, semiconductor, AI, software, consumer and other industries.
117%, on average, was returned over 2 years to pre-IPO investors in companies that went public in 2020, provided they had a valuation of $1 billion+ according to Crunchbase. CrossWork's Midas Fund targets investments in these hard-to-access companies.
Past results are no guarantee of future results. No financial advice is provided herein. Nothing in this website constitutes an offer for the purchase or sale of securities in any jurisdiction. Investments in private companies are illiquid and risky.
Universe: Over 1,000 Companies Valued At >$1 Billion
(we invest in 20-40 industry leaders)
For Pre-IPO Investors:
Guided by an advisory team of 50+ advisory board members: Backgrounds from Goldman Sachs, Stripe, MidasLP, VC funds and C-suite senior execs from Fortune 500 companies
Grade A opportunities: Hard to access Pre-IPO companies and unique return enhancements not available in most other funds
We have participated in over $20 billion in IPO and M&A exits
Midas Pre-IPO Fund
Companies within 2 years of IPO with a unique / complementary returns enhancement
Emerging Pre-IPO Fund
Companies prior to pre-IPO stage that have the potential over time to reach billion dollar valuations
Midas Pre-IPO Fund
- Fund focuses on acquiring equity interests in 8 to 20+ exceptional pre-IPO companies
- The 2020 cohort within our core strategy had extremely high returns (>50% p.a.) between the last valuation and going public
- Completed investmentsts include Tealium, Cerebras, Samba Nova, Tanium, Flexport, Data Robot and more
- To further enhance retums , we add complementary equity to the portfolio in 10 or more additional emerging pre-IPO companies through our accelerator and Emerging Fund
- Guided by an advisory team of 50+ advisory board members: Backgrounds from Goldman Sachs, Stripe, MidasLP, VC funds and C-suite senior execs from Fortune 500 companies
2021/22 IPO Spotlight:
Cvent Went Public Again!
CrossWork Midas Partner Identified And Completed An Initial Investment In Cvent
-
A CrossWork adviser, an ex-Goldman Sachs banker, completed an early stage investment in
-
completed an IPO on the New York Stock Exchange. IPO valuation over $1 billion
-
was subsequently acquired for $1.6 billion by a fund founded by a former Goldman Sachs colleague
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went public via a SPAC listing in December 2021 that valued the company at over $5 billion.
- As of August 2020 ranked top 10 among enterprise software companies in USA
- Note: We also have our fair share of investments that have failed, and that we learn from. Our strategy is focused on a portfolio approach to reduce risk
What Others Think About Us
“We are highly impressed by CrossWork, its track record of billion dollar exits, its lengthy experience with pre-IPO companies (going as far back as Facebook, Twitter and Cvent) and its ability to attract substantial pre-IPO companies”
-Ceed Ventures
In addition to completing an investment in Cvent, Steven (CrossWork Partner), helped us complete our round and provided us with significant strategic guidance
-Cvent CEO
“They have a large deal network and are strong at sourcing deals and completing investments”
-Hollywood Branded
Benefit Example:
CrossWork vs. Other Funds vs. Self Investing -
Illustrative comparison of return profile
(1) Pre-IPO Returns based on Crunchbase News: Unicorns Get More Magical: 2020 Cohort Shows Huge Increase In Valuation On IPO Day “What we found for those unicorns that have made exits is that the 2020 IPO cohort offered up a 117 percent increase between the last known valuation for a company and its valuation upon going public—the highest jump in a five-year timeframe. The median date for these last private valuations is around two years prior to their IPO” Non-venture investment professional returns discounted for lack of access to key opportunities and errors based on lack of valuation and other experience. Accelerator returns based on projected model of complementary equity return. Past results are no guarantee of future performance. No financial advice is provided herein. Private investments are illiquid and risky with the potential for entire loss of investment.
Benefit example: CrossWork vs. other
funds vs. self investing -
Illustrative comparison of return profile
Investment Amount
CrossWork Midas Pre-IPO Fund
$100
Standard Pre-IPO Fund
$100
Non-venture investment professional tries to build a pre-IPO portfolio
$100
Stock Potential Returns Over 2 Years (1)
CrossWork Midas Pre-IPO Fund
$100
Standard Pre-IPO Fund
$117
Non-venture investment professional tries to build a pre-IPO portfolio
$40
Accelerator Potential Returns
CrossWork Midas Pre-IPO Fund
$60
Standard Pre-IPO Fund
$0
Non-venture investment professional tries to build a pre-IPO portfolio
$0
Total Returned To Investor
CrossWork Midas Pre-IPO Fund
$227
Standard Pre-IPO Fund
$227
Non-venture investment professional tries to build a pre-IPO portfolio
$40
(1) Pre-IPO Returns based on Crunchbase News: Unicorns Get More Magical: 2020 Cohort Shows Huge Increase In Valuation On IPO Day “What we found for those unicorns that have made exits is that the 2020 IPO cohort offered up a 117 percent increase between the last known valuation for a company and its valuation upon going public—the highest jump in a five-year timeframe. The median date for these last private valuations is around two years prior to their IPO” Non-venture investment professional returns discounted for lack of access to key opportunities and errors based on lack of valuation and other experience. Accelerator returns based on projected model of complementary equity return. Past results are no guarantee of future performance.
Unicorn Gets More Magical: 2020 Cohort Shows Huge Increase In Valuation On IPO Day
“What we found for those unicorns that have made exits is that the 2020 IPO cohort offered up a 117 percent increase between the last known valuation for a company and its valuation upon going public”
Past results are no guarantee of future performance
CrossWork Portal: Review Your Investment Holdings, Distributions And Balance Information Online At Carta
CrossWork Investments And Distributions Process Overview:
- You make an investment in a CrossWork fund
- Investments can be made securely via ACH, online bank transfer or bank
wire.
- Investments can be made securely via ACH, online bank transfer or bank
- Complimentary allocations made to your account
- If your account qualifies for complimentary equity allocations, we
immediately allocate equity to your account that you can review
online.
- If your account qualifies for complimentary equity allocations, we
- Fund completes investments in companies
- As the fund makes investments, your online account at Carta is updated with pro forma information regarding your relative allocation of fund
investments - Carta is one of the world’s leading venture capital fund administrators, providing key information on fund investments to fund investors
- As the fund makes investments, your online account at Carta is updated with pro forma information regarding your relative allocation of fund
Distributions: Payments Of Capital And
Profits To Investors
Proportional Distributions Explanation
- An investor invests $1 million in the fund
- Other investors invest $99 million in the fund
- If fund profits after fees is $100 million:
- Investor makes $1 million in profits ie investor is returned $2 million total
Distributions:
After companies that the fund invests in (1) go public, (2) are acquired or (3) otherwise produce returns
- Once we realize cash (and/or other transferable securities) from investments, we will typically distribute proceeds immediately to you.
- They are, generally speaking, made proportionally to your investment
Distributions method
- Distributions are typically made to you through your bank account on record or through other custody arrangements that you can establish.
Search Through Some Of The Companies That We Pay Attention To:
Pre-IPO or Recent Liquidity Event
Deal Flow
In Numbers
50+
High level advisors and consultants with wide industry coverage
1,000+
VC, PE and other deal contacts with whom CrossWork team has made contact over the last 5 years
100+
Years of combined investment experience of team
50,000+
Investors, executives, lawyers & accountants contacts in CRM
Broad Sector Experience
SOFTWARE, HARDWARE AND SERVICES
INTERNET
CONSUMER AND RETAIL
INDUSTRIAL
LIFE SCIENCES
BUSINESS SERVICES
For Late Stage Companies:
We focus on businesses with a visible path to M&A, IPO or other exit.
Companies within months or a few years of going public
We have participated in merger exits, IPOs and more valued at over $20 billion.
We add VALLUE to portfolio companies.
FINANCE
Intros to VC's, PE funds, family offices etc. along with strategic preparation
SCALING
Advice or introductions to large customers and strategic partners
FINANCE
Strategy And Preparation
Value proposition, scale, markets and management team. Summaries, presentations etc.
Targeting Strategy
Sector, stage and capital structure relevance
Relationships
Global relationships with top VCs etc.
MENTORS AND ADVISORS
Strategy
Key thinking and insights into core areas of strategy driving long term shareholder value maximization
Finance
Mentors with 20+ years of experience and over $20 billion in transaction experience
Technology
Make good choices to focus and de-risk your platform using modern methodologies and solutions.
Growth
Growth strategy focus and counsel
GROWTH
Partnerships
Insights and thinking about scaling your business through partnerships from mentors that have been there before
Marketing Strategy
Insights and thinking around marketing strategy, super-scaling and approaches
Sales Strategy
Insights around sales leadership, strategy, organization and execution
Recruiting
Relationships, strategy and tactics for recruiting, retention and leadership development
Connect
CROSSWORK MIDAS PRE-IPO FUND
CROSSWORK ACCELERATOR
Investors
Partnerships
Contact
- Investors
- Accelerator Companies
- Marketplaces
- Advisors
Apply To CrossWork Accelerator All Year Round
EMAIL ADDRESS
info@crosswork.us
Private equity investments, including ours, are risky, speculative, illiquid and carry the risk of loss of all capital.
Apply To CrossWork Accelerator All Year Round
EMAIL ADDRESS
info@crosswork.us