Partners

In certain circumstances we will consider partnering with companies with which we have worked, should their management team and products align with our core vision. These partnerships involve the exchange of work for equity in the partnering company and must undergo serious scrutiny. A copy of our Due Diligence requirements is available as a downloadable pdf, click here.

PD3 only considers partnering with those companies of which we have worked for more than 9 months and whose product and management team are of the highest quality. Before entering into partnership arrangements, several steps must be undertaken including three separate Board of Directors approvals for us to exchange our work for equity at a company. This process involves three separate phases:

          Phase 1 - Work for hire
          Phase 2 - Work for hire debt convertible to equity
          Phase 3 - The conversion of debt to equity

PD3 feels that it is important to assist not only the preservation of capital of partner companies but to find companies with which a multi-year vision can be exercised. PD3 would expect that an exit strategy be involved in all partnering arrangements and that each party feels comfortable with the arrangements that are made. For further information, please contact us at info@pdthree.com