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Operations Guideline

  Guideline for Service

  1. Customer: entrepreneurs and venture investors who are alumni from all five CTU campuses or friends and associates referred by alumni
  2. Value-added Services to entrepreneurs
    • Basic Service
      1. Business model and strategy validation.
      2. Quantitative aspects of business plan - market sizing and finance model validation.
      3. Improvement and polishing of executive summary and investment presentation.
    • Extended Service
      1. Referral to investors.
      2. Detailed business plan development.
      3. Investment presentation Development.
      4. Referral of business connections within the alumni network.
  3. Value-added Services for investors
    • Prescreening - refer high-quality business plan and team to investors.
    • Business operation consulting for portfolio companies
  4. We will not provide the following services:
    1. Detailed technical due diligence.
    2. Legal or tax advice.
  5. Engagement rules for entrepreneurs
    • One page standard to be worked out by WSRG.
  6. Service Charge Scheme. The service charge is to ensure 1.) Customer valuing advisors' work, 2.) no abuse of advisors' services and 3.) fee to cover operating expense. The scheme is based on prevalent rate table used by friend/advisors in the Silicon Valley.
    • Basic Service -
      1. The first 10 hours of service is free of charge.
      2. Starting from the11th hour, up to the 40th hour, advisors charge $50/hr
      3. For services above 40 hours, advisors charge $100/hr.
    • Extended Service Contingency (up to 1.5% of money raised for referral) or $100/hour for other extended services.
    • Prescreening - Free of charge.
    • All out-of-pocket expenses, including but not limited to copier and fax usage, long distance phone bills and other actual cost directly related to a specific project, should be paid for by the customer.
    • Business operations consulting to VC portfolio companies: upon agreements with individual companies.

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