Frequently Asked Questions
Why is the company named Ocean Crest Ventures?
Our founders love and live on the Ocean. They believe seeing the ocean and being near water is therapeutic in numerous ways. One aspect they particularly love is the sound of the waves. The highest surface part of a wave is called the CREST, and the lowest part is the trough. The vertical distance between the CREST and the trough is the wave height. Only a small % of entrepreneurs will attain success (aka ride the CREST!), while the majority will fail (aka stumble in the trough). Ocean Crest exists to help our founders ride the wave of success.
How soon can I expect to hear from Ocean Crest after I complete your assessment?
Depending on the scope and nature of your responses, you can generally expect a response within five business days.
What is the best way to pitch a product?
Every company is unique, so no two pitch decks are alike. Things we like to see include:
A clear “why now” argument for your product or solution
Quantitative & qualitative demonstrations of product-market fit and customer desire for your offering
A compelling, passionate founder & team members (if applicable)
Documented proof of a viable addressable market
What percent of founders that submit a proposal to Ocean Crest are chosen for funding or partnership?
An average of one in five applicants who submit applications to Ocean Crest result in formal partnerships. Please note that in many cases, opportunity for partnership is simply postponed to some future deliverable or proven level of development.
How much money does Ocean Crest invest in a new venture?
Typical investments from Ocean Crest represent 50K to 500K; but Ocean Crest will oftentimes take an active role in fundraising in partnership with the founder, helping fill raises in excess of $1M.
What % of equity does Ocean Crest typically take in the deals they invest in?
Each deal is unique but we usually seek a minority position. Note, founders retain a competitive amount of company equity depending on their needs.
What resources beyond money does Ocean Crest offer to entrepreneurs?
Ocean Crest provides access to the fund advisory team and broader network of funders and vendors maintained by Ocean Crest, including specialists and subject matter experts in core operational functions like Human Resources, Legal, Sales, Research & Development, and Marketing. Depending on the size of the deal, Ocean Crest will generally offer a member of its advisory team to the founder's advisory board, with a skillset hand-selected to be of greatest value to the firm.
Why does Ocean Crest Invest in Real Estate vs simply funding start ups?
Real Estate provides a steady stream of cash flow which allows us more investment capital to pursue exciting new ventures.