This startup operates an online marketplace for buying and selling vetted websites and businesses, providing investors with verified opportunities in online content, Amazon storefronts, and micro businesses. By ensuring thorough seller vetting and report verification, the platform enables users to build diversified portfolios of passive income-generating assets.
Funding
$2.8M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Accredited investors often lack efficient avenues to diversify into alternative assets like online businesses, which can offer attractive cash yields and growth potential. Identifying and vetting suitable online businesses for acquisition requires specialized expertise and significant due diligence, creating a barrier to entry for many investors.
Solution
WebStreet is a platform that enables accredited investors to gain fractional ownership in cash-flowing online businesses. The platform employs a micro-private equity model to acquire, operate, and scale these businesses, offering investors quarterly dividends and potential returns from asset sales. WebStreet and its vetted portfolio managers source deals, conduct due diligence, and manage operations to optimize growth and profitability. By providing access to diversified online business portfolios, WebStreet aims to deliver passive income and attractive IRR targets compared to traditional asset classes.
Target Audience
WebStreet primarily targets accredited investors seeking to diversify their portfolios with alternative assets that generate cash flow, such as high-net-worth individuals, family offices, and institutional investors.
Features
- Fractional ownership of online businesses, allowing for diversified investment portfolios
- Quarterly cash distributions based on portfolio performance
- Due diligence and vetting of businesses by experienced portfolio managers
- Active management and scaling of acquired businesses to enhance profitability
- Investment opportunities across various online business models