China remains the most compelling growth opportunity in the world today, and also the most difficult to navigate. It is impossible for accelerators headquartered outside China to parachute into the country on a temporary basis and have any significant, transformative effect. It takes a team of full-time and experienced China start-up specialists to navigate the complexities of the China market. To our knowledge, we are the only operations-enabled accelerator staffed by a team of professionals who are not only based full-time in China, but who also have the distinction of building a China technology start-up into a global industry leader.
很抱歉，不是。我们更愿意挑选合适的公司通过“合作伙伴”模式进行服务。作为一个有执行能力的加速器，我们必须深入挖掘并开展实地工作，让您能在海外快速开展业务。我们追求卓越的质量意味着可以提供服务的带宽有限。 因此，我们偏向于选择可以合作的公司。 但如果您拥有对海外市场有意义的优秀产品和服务，我们将很乐意与您开展业务交流。请注意，我们的“顾问”模式服务通常适用于所有客户。
In Advisor Mode, we consult and advise on the launch and/or operation of your China business, but we do not (with limited exceptions) participate in its operations. We charge a fee for our advisory services based on a project or hourly basis.
In Partner Mode, we (1) assign our accelerator operations team to work, under our guidance and with your approval, on the launch and initial operation of your China business, and (2) recruit and train your own local employees that will take over operations when you exit the accelerator in 1-2 years. We charge a set fee sufficient to cover our Partner Mode service, and we invest in your company in an amount sufficient to align our interest with your China success.
Does Partner Mode require our company to surrender management control to a local partner or transfer our technology?
Absolutely not. We established nTheta specifically to address the concerns of Western companies doing business in the New China. We do not seek to form a JV that jointly controls your China business, or to obtain any rights to your technology. On the contrary, we structured our accelerator program so that you maintain control of your company’s management and its technology. Our role is to serve as your China landing team, providing guidance on how to navigate the China market and protect your technology, while allowing you to leverage our accelerator functions to quickly commence operations until your own team is ready to operate independently. We are focused on corporate governance and exemplary business practices, including routine progress reports, feedback, performance reviews, and compliance training. At your option, we can report directly to your headquarters or to a manager that you appoint to work temporarily in our accelerator space.
In Advisor Mode, we charge a service fee (hourly or project-based) which covers our costs plus a reasonable profit. In Partner Mode, we charge a set fee that covers the cost of our accelerator operations, and we invest in your company so that our interests are aligned and we share the risks and rewards of our joint effort to build your China success story.
We are a wholly private company and intend to stay that way. We are firm believers in the power of private enterprise, and all of our investors are private persons or entities. At the same time, we are not naïve about doing business in China and the importance of maintaining a solid relationship with regulators at all levels of government. We have expertise dealing with government regulators from our prior start-up work, and we assist our clients in dealing with government related issues.
The amount of our equity stake depends on your company’s valuation. However, we always take a reasonable stake and generally participate as a passive investor unless you wish us to be more actively involved. Our focus is on your China operations and creating the success story that will drive up the value of your company for our mutual benefit. Our investment in your company can take several forms, including a direct stock purchase, convertible note, an simple agreement for future equity (SAFE) in your next financing round, or a combination of the above.