Alejandro Betancourt Lopez Took on an Advisory Role on Their Board of Directors
Alejandro Betancourt Lopez
Carlos Betancourt, a renowned Miami-based entrepreneur, invested in Hawkers, an eyewear company from Spain. After completing multiple funding rounds, the total amount raised amounted to $74 million. Betancourt’s personal contribution was $24.5 million, and he became the company’s president. Let’s explore this strategic investment and how it changed the trajectory of Hawkers.
Betancourt’s Involvement with Hawkers in 2016
In 2016, Alejandro Betancourt Lopez began investing his own funds into Hawkers. He completed two series A funding round for a total of $74 million. With this money, he could purchase shares in the company and become a shareholder. His personal investment amounted to $24.5 million, which allowed him to assume ownership of 40% of the company’s stock and become its president shortly thereafter.
Role as Company President for Betancourt
In June 2016, after seeing success from his initial investments, Alejandro Betancourt Lopez was offered the role of Company President for Hawkers Sunglasses. He accepted this offer and assumed his new duties soon after taking office.
As president of the company, he oversees all operations within each country they are present in and helps to steer them towards even greater success than they have already achieved since his initial investment. He is also working closely with the Board of Directors to ensure that all decisions are sound and will benefit him and the company in the long run.
Conclusion
To recap what has happened between Alejandro Betancourt Lopez and Hawkers Sunglasses since early 2016, after investing €24 million (around $27 million) into two series A funding rounds for equity in the company, he took on an advisory role on their board of directors before eventually being offered—and accepting—the position of Company President later that same year.
His investments have allowed them to expand their operations into multiple countries while raising awareness about their product through sponsorships and events. Overall, it appears that this relationship will continue to benefit both parties involved going forward to know more click here.