Shark Tank: Greg Norman has started a small-business investment fund
Golf Biz

Shark Tank: Greg Norman has started a small-business investment fund

FOLLOW: iHEART | TUNEIN


Greg Norman may want to invest in your small(-ish) business, and the reactionary pun is pretty obvious.

However, the two-time major winner has started the Great White Shark Opportunity Fund, a $75 million fund which aims to supply small business with capital in the form of secured debt. Businesses with less than $25 million in revenue -- that's small?! -- could receive anywhere from $1 million to $10 million.

Norman's fund will go after publicly traded and wholly private businesses with "quality tangible assets, business plans that are defensible and management teams that have a solid operating history."  Start-ups, venture capital-chasing companies and businesses unlikely to turn a profit will not be targeted.

The good news for Golf News Net is that it is profitable and definitely has less than $25 million in revenue. Call me, maybe?

Via CNBC.com

About the author

Ryan Ballengee

Ryan Ballengee is the founder, owner and operator of Golf News Net.

Sometimes we post sponsored content from this account, and it is labeled as such.

We also occasionally include links to products and services from merchants of our choice. GNN may earn a commission from sales generated by those links. See more in GNN's affiliate disclosure.

Add Comment

Click here to post a comment