UNICORN is an innovative and powerful business accelerator as a reality television series that transparently documents the epic journey of a startup, where teams compete for the ultimate prize of up to a $5 million investment in their company.
UNICORN will test and stress the strength of each company’s team through a sequence of 12 challenges, and will feature celebrity guest hosts, judges, consultants, mentors, and business leaders. The series will follow the struggles, victories and everyday challenges that companies face – through startup, growth, maturity, and decline… or renewal and success.
WORLD SUMMIT GLOBAL VENTURE FUND (WSGFV)
The creators of UNICORN understand the unique value proposition of participating in a competition on national television featuring celebrities and influential business leaders. Therefore, all companies auditioning for the series are required to gift 1% Founder’s equity shares to WSGVF, and the 20 finalists are each required to gift 10% Founder’s equity shares.
Should outside investors wish to invest, all participating companies agree to give WSGVF the right to co-invest at a 30% discount. If each season creates just one ‘Unicorn’ (regardless of if they are the winner or not), our 10%+ stake alone in that company will be worth $200MM+.
Furthermore, WSGVF will invest $5MM for an additional 25% stake into the winning company valued at a minimum of $400MM. Any additional co-investments can lead to an additional $400MM.