"Creativity and Passion Should Manifest through Deeds, Not Mere Words.”
Best of Breed Global Company Searcher,
Won & Ha Partners.
Accomplishments
2Q 2024
XX+
Net Asset Value
(Unit: Million USD)
XX+
Created Business Value
(Unit: Million USD)
XX+
Net Income
(Unit: Million USD)
Mission & Vision Statement
Mission :
At Won & Ha Partners, our mission is to transform innovative early-stage startups into financially robust companies with immense global growth prospects. We are committed to directly work with visionary entrepreneurs to realize their business potential, not just as investors but as part of the full-time management, as required.
Vision :
Create unprecedented, real business value through global market disruption.
Business Scope
Business Philosophy
Our business model must adhere closely to our mission. We make returns on realizing and expanding business value(revenue) made by our “targets”.
We realize our targets’ business value by doing the following :
1.
Generate short-term revenue to keep cash flowing, and build up customer base
2.
Streamline and optimize operation for fast, sustainable growth
3.
Raise the required capital to finance the whole operation
This operation will typically take between 2~5 years.
We make our profits by becoming our targets’ shareholders, through grants / purchases / investments of their shares. We may then sell the shares at the end of the operation, or decide to hold for future sale / dividends.
Targets
W&H Partners primarily focus on early-stage startups that either operate in new emerging markets or possess novel technology that can innovate existing industries, in the global context.
While they may vary from time to time, here are some of the characteristics we are looking for :
•
Startups that have successfully validated high customer value and a viable business model
•
Under 5 years since establishment
•
New industry or disruptive technology → high growth potential (or Market HYPE)
•
Can target global audience
Business Arms
Search Arm (main)
•
Finds and fosters new business opportunities
•
Profit from IPOs and M&As
•
High Risk → High Return
•
Mid ~ Long-term
1.
Revenue Arm (sub-branch)
a.
Generates steady cash flow to support Search operation
b.
Profit from direct revenue / dividends, and should be easy to liquidate
c.
Low Risk → Low Return
d.
Short ~ Mid-term
2.
Investment Arm (sub-branch)
a.
Aids the Search Arm in fundraising and provides additional returns
b.
Profit from sale or redemption of shares (RCPS)
c.
Middle Risk → Middle Return
d.
Mid-term (fund maturity)
Deal Structures
The following are the three main deal structures we could adopt. The actual deal structure may be one of them, a mix of them, or something else depending on the target company.
1.
Compensation
a.
Receive compensation in the form of salaries/incentives/stock options/existing shares/etc. for participating as full-time management personnel
b.
Receive fees for outsourcing services
i.
Healthcare BD/Consulting Arm
1.
Explore how target nurture innovation, kickstart commercialisation, and help them break into new markets
2.
Specifically:
BioTech L/O, L/I
MedTech Business Development
MedTech Customer Development
MedTech Operational Marketing
2.
Purchase of existing shares
a.
Acquire part of the target’s shares owned by the founder/team/existing investors
b.
Buy out the founder
c.
Mix of proprietary capital and investment capital
3.
Purchase of new share offerings
a.
Primarily through investment capital
An example of deal structure that involves #2 and #3 would be a case where we buy out the founder(#2) and also invest in the firm(#3) to raise funds required ASAP.
Our Unique Breeds (Searchers)
Seongbae Won (Managing Partner, Chief Executive Officer):
•
Searching for:
◦
Business: Consumer Services, IT, SaaS, Data, US market
◦
Personality: Customer-Obsessed, Hedgehogs, Curious, Visionaries
•
Loves exploring the following topics:
◦
Winning as a team, competition and cooperation
◦
Video games as ‘Comprehensive Art’
◦
Food as culture
◦
Genes and memes
◦
Cosmology
Leo Jongseok Ha (Managing Partner, Chief Revenue Officer):
•
Searching for:
◦
Business: MedTech, BioTech, AI, Commerce, APAC, MEA
◦
Personality: Customer-Obsessed, Actual Value Seeker, Bold Guy
•
Loves exploring the following topics:
◦
Oncology, Nephrology and Immunology
◦
Acute Failure Disease
◦
Humankind
◦
Ethnology
◦
Poetry
Our Targets
Target #1
Target #2
Subsidiary #1
PIPE
Our Clients
Our Partners
Won & Ha Partners, Inc. / 146 Teheran-ro, Gangnam-gu, Seoul, Republic of Korea (06236) / info@wonha-partners.com / Wonha-Partners.com
2024 Won & Ha Partners, Inc.