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The remarkable story of Propel

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l Different?<br />

WORK ON... AND WHICH TO DECLINE<br />

3.<br />

PROPEL requires candidate<br />

opportunities satisfy a high<br />

burden <strong>of</strong> pro<strong>of</strong> <strong>of</strong> likely<br />

in-market success before<br />

committing.<br />

4.<br />

PROPEL only pursues<br />

opportunities where Ben & Paul<br />

have the conviction to make an<br />

equity-type investment in the<br />

opportunity. PROPEL prefers<br />

to take a shared stake in the<br />

commercial outcome, over<br />

a fee for service.<br />

chapter 1 : what is propel?

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