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| .: FREQUENTLY ASKED QUESTIONS |
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1.What is the scale of investments that KOBI Venture Capital Investment Trust Inc. Co. shows interest? |
KOBI Venture Capital Investment Trust Inc. Co. is interested in investments that require financial support between 500 thousands $ and 5 million $ . |
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2. How long does it take from the application date to become partnerships?
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This period may be 2 or 3 months, depends on the applicants speed in sharing and preparing the required documents.
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3. When KOBI Venture Capital Investment Trust Inc. Co becomes the partner; does it acquire majority shares of the company? |
KOBI Venture Capital Investment Trust Inc. Co. instead of being majority shareholder, prefers to be the minority shareholder (Max: %49) with minority rights. |
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4. Does KOBI Venture Capital Investment Trust Inc. Co. provides credit support?
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KOBI Venture Capital Investment Trust Inc. Co. Does not provide any credit support and prefers establishing partnership in the company by providing financial and managerial support. |
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5.What kind of qualifications for an entrepreneur is required? |
Entrepreneur; |
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should master the technical details of the project,
Should be very well informed about the related market and potential customers,
Should be able to lead, visionary approaches and business dignity.
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6.Are you open to all type of sectors? |
At the beginning of every year, KOBI Venture Capital Investment Trust Inc. Co. determines the sectors in which investments will be made. Informatics and technology sectors mainly among the preferred sectors. |
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7.Are applications of all companies accepted? |
Applications of companies that have intensive competition in the market and do not have distinguishing differences from others are not accepted. For detailed information see 'Investment Criteria and Strategy' section. |
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8.Are applications of companies that have small amount of debt accepted? |
Applications of this kind of companies are accepted, but they will not be evaluated, if they have heavy depts that they will not be able to pay according to the future cash flow forecasts. |
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9.Are application fees of the refused projects refunded? |
Application fees are for acceptance and evaluation of applications, therefore they will not be refunded. |
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10.At the partnership negotiations, is confidentiality of commercial secrets and technologies of the company provided? |
At the beginning of the negotiations, a confidentiality agreement that will preserve the rights of the parties is signed. |
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11.By whom and how is the feasibility of companies prepared? |
Feasibility studies and legal-financial audit of the companies are made by KOBI Venture Capital Investment Trust Inc. Co. and contracted investment consulting firms. Most of the feasibility study costs are covered by KOBI Venture Capital Investment Trust Inc. Co., applicants are asked to share certain proportion of these costs. During the feasibility studies, current state of the company and the future cash flow forecasts are also evaluated. Feasibility reports and legal-financial audit reports are not given to the entrepreneur, but the entrepreneur is informed about the summary of the report's results. |
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12.How do you determine the company's present value? |
By taking the past years performance of the company into consideration, collating the data that is reached from the future liquidity projection and the assets- debt analysis. |
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13.Does KOBI Venture Capital Investment Trust Inc. Co. intervene in company administration? |
KOBI Venture Capital Investment Trust Inc. Co. does not intervene in company's daily operations, but takes an active part in taking strategic and crucial decisions for the company. |
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14.Does KOBI Venture Capital Investment Trust Inc. Co. takes managerial responsibility in the company? |
KOBI Venture Capital Investment Trust Inc. Co. will have an executive board member corresponding to ratio of its stocks and also assign the financial manager of the company. |
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15. When does KOBI Venture Capital Investment Trust Inc. Co. plan to exit from the partnership? What are the alternatives of retiring from partnership?
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KOBI Venture Capital Investment Trust Inc. Co. aims to exit from partnership within 3 to 5 years. This can be realized via internal management, buy/back/refinance, external buyout/merger/acquisition, initial public offering (IPO).
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