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

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

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?


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