BUILDING A
SELF-SUSTAINING MODEL
In 2012, Endeavor Catalyst
was created with three main
goals in mind:
1 To financially support Endeavor
Entrepreneurs,
2 to generate a strong return for
investors, and
3 to make Endeavor a financially
self-sustaining organization.
Our pioneering model has enabled us
to work towards all three objectives,
and in parallel, has enabled our
investors to do well by doing good.
For investors affiliated with an
Endeavor Local Office, proceeds to
Endeavor are split 50% to Endeavor
Global and 50% to their Local
Office. And while still early in the
overall life of Endeavor Catalyst's
funds, for Endeavor Local Offices
with multiple LPs in Funds I and II,
returns are already starting to flow.
Since inception, Endeavor Catalyst
has returned ~$800k to Endeavor
Local Offices, increasingly becoming
a critical contributor to Endeavor's
operations worldwide. See details in
the chart on the right.
"10% of our budget this year
came from Endeavor Catalyst," said
Managing Director of Endeavor
Jordan, Reem Goussous, "is is a
really meaningful part of our future."
Indeed, as we look ahead over the
next 5-7 years, with returns coming
from three or more Endeavor Catalyst
funds, we expect a significant portion
of Endeavor's operations worldwide
to be supported by the success of
the funds.
Managing Director of Endeavor
Spain, Antonio Iglesias, expressed,
y Alexandros
Chatzieleftheriou,
Co-founder & CEO,
Blueground (Greece).
