PRIME ASSETZ provides seed funding for startups. Seed funding is the earliest stage of venture funding. It pays your expenses while you’re getting started.
Some companies may need no more than seed funding. Others will go through several rounds. There is no right answer; how much funding you need depends on the kind of company you start. At PRIME ASSETZ , our goal is to get you through the first phase. This usually means: get you to the point where you’ve built something impressive enough to raise money on a larger scale. Then we can introduce you to later stage investors—or occasionally even acquirers.
We make small investments in return for small stakes in the companies we fund. All venture investors supply some combination of money and help. In our case the money is by far the smaller component. In fact, many of the startups we fund don’t need the money. We think of the money we invest as more like financial aid in college:
What happens at PRIME ASSETZ- The most important thing we do is work with startups on their ideas. We've invested in a lot of companies So we can usually see fairly quickly the direction in which a small idea should be expanded, or the point at which to begin attacking a large but vague one. The questions at this stage range from apparently minor (what to call the company) to frighteningly ambitious (the long-term plan for world domination). Over the course of three months we usually manage to help founders come up with initial answers to all of them. Though we fund all types of startups, we’re especially interested in web/mobile applications. We’ve been thinking about that problem longer than anyone else, and by now can visualize much of the space of possibilities.
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2nd Floor, Tulsi Theater Building