September 6, 2010   

Client Criteria

While each business opportunity received by Nest will be reviewed on a case-by-case basis, the following criteria reflect the domain expertise of our team and will act as a guide to identify opportunities that coincide with our philosophy.

Target Industries

• Biotech
• Software
• Communications
• New Media
• Wireless
• eFinance
• Energy
• Special Situations

Financial Characteristics

• 4-6 months of cash at current burn rate
• Consistent annual revenue growth
• Margin Improvement
• Recurring revenue stream
• Near term profitability (6-9 months)
• Addressable market of at least $1 billion

Operating Characteristics

• Seasoned management team
• Strong & defensible market position
• Extraordinary potential for long term, sustainable growth
• Sustainable competitive advantage
• Defined market niche