ATAPFund Jobs in Riyadh, Saudi Arabia – Private Investor / Partner / KSA
Website ATAPFund
Are you looking for a Job at ATAPFund in Riyadh, Saudi Arabia
About the job
Key Points:
- E-commerce is a huge opportunity ($650B market by 2025) now;
- You can get access to this growth as a passive income stream by becoming an angel/ private investor;
- With a $50-100K investment, you will own 10-20% of an exciting brand with great growth potential;
- We’ve got a demonstrated track record of success (cases can be provided);
- We are looking to expand in the Middle East, help regional manufacturers to expand globally in a sustainable way;
- We have already picked up partners from the region, who have joined our global venture (more than 1,500 applicants), and we’re open for a few more strong partners to join;
- One of the partners we want to lead local office in the future (GM, MP role).
Details:
E-commerce growth has been skyrocketing; Amazon, in particular, has become a $250B launchpad for small businesses and will triple in a few years ($650B by 2025).
In addition, COVID showed us the importance of building diversified income streams and the continued need to provide people with essential consumer goods. However, investing in the growth of E-commerce has typically been indirectly through public market companies or directly by setting up an E-commerce business yourself. However, what if you want direct access to an E-commerce business, but you want an experienced team to create, launch and run a new brand as their own. Essential tasks such as product sourcing, stock ordering, packaging requirements, consumer reviews, inventory management, PPC, and keyword optimization are taken care of by others.
At AtapFund, we have a different problem: we’ve already spotted, by leveraging our proprietary software, Nebulio, to scrape data on Amazon, Walmart, and have many fantastic niche product ideas just waiting to be introduced to the market. These sub-category opportunities are usually attractive, high-margin products from untapped markets in South-East Asia and Eastern Europe. We subsequently develop small brands on Amazon with a launch budget between $25-50K USD per new brand. It usually takes at least 12 months (an entire season) for a product to build traction and break even on the initial investment before scaling the brand further.
To support our long-term mission and scale the successful brands we are creating, Atap is already working to establish a consumer-products-focused fund within the next two years. However, in the interim, we’re opening up an opportunity for a small group of investors to join us on our journey (up to 20 people for our first 16 brands, only 5 max from a region).
We call this opportunity, AtapClub, where some members will have a chance to participate in each new brand’s launch: investors will get up to a maximum equity allocation of 20%. This entitles you to future gross proceeds plus an equivalent share of selling the business (10-20%).
As an AtapClub member, you will receive full transparency weekly (or monthly) on your invested brand’s performance, provide feedback, and contribute your ideas to the operational team. In addition, if you have a product or brand idea – we’ll tell you if it’s feasible and launch a new brand together with you.
Company: ATAPFund
Vacancy Type: Contract
Job Location: Riyadh, Saudi Arabia
Application Deadline: N/A
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To apply for this job email your details to bfdirb6788@gmail.com