Grow vc next workshop 2010 05-10

Preview:

DESCRIPTION

Virtual Silicon Valley by growvc.com

Citation preview

Grow VC - Everyone funding startups

How to fix it?Crowd-funding and new funding models

Jouko Ahvenainen

May 11, 2010

Grow VC - Everyone funding startups

Sometimes you just knowwhen things don’t feel quite

right

Grow VC - Everyone funding startups

WE MUST ACTWhen something doesn’t work

www.growvc.com3

Grow VC - Everyone funding startups

When people don’t like how something works…

Grow VC - Everyone funding startups

its all about enabling entrepreneurship

and the freedom of innovation

…great things can happen

Grow VC - Everyone funding startups

Current Venture Capital market

Grow VC - Everyone funding startups

Venture Capital model is over 50 years old…

Grow VC - Everyone funding startups

…and it’s going downhill

Grow VC - Everyone funding startups

VC market includes $540 Million in transaction fees (~3 %, NVCA, 2010) A few VC managers CANNOT find all the good companies Business angel market is not effective

Market inefficiency

poor deal flow based on local/personal networks lack of information and tools

Grow VC - Everyone funding startups

enabling a more vibrant market via peer-to-peer and crowd-funding

Grow VC - Everyone funding startups

Vision The next Silicon Valley is not a location, it is a platform

and community on the Internet

Grow VC - Everyone funding startupsVir

tual S

ilico

n V

alle

y

“;+)

Grow VC - Everyone funding startups

MissionProvide the platform, service tool kit and partner network

for the virtual Silicon Valley

Grow VC - Everyone funding startups

Grow VC - Everyone funding startups

global

transparent

open

collaborative

efficient

Grow VC - Everyone funding startups

Kiva.org transactions well over $100 Million in 4 years Local Motors, Lego, NASA, Linux, TxtEagle, Zopa

Networked solutions =new frameworks

Grow VC - Everyone funding startups

IT IS NOT ONLY MONEY, BUTPEOPLE AND PASSION

There will be much more models, because

www.growvc.com17

Grow VC - Everyone funding startupswww.growvc.com18

Co-op was for creating togetherCo-op will again be for creating more together

Grow VC - Everyone funding startups

Buying and owning

www.growvc.com19

Grow VC - Everyone funding startupswww.growvc.com20

You can take money investments

and build with money

Grow VC - Everyone funding startupswww.growvc.com21

Or you can take service investmentsand build with people

Grow VC - Everyone funding startups

AND HOW TO DO ITCrowd-funding

www.growvc.com22

Grow VC - Everyone funding startupswww.growvc.com23

Grow VC - Everyone funding startups

P2P and Crowd-fundingvia Community Investments

Grow VC - Everyone funding startupswww.growvc.com25

Grow VC - Everyone funding startupswww.growvc.com26

Grow VC - Everyone funding startupswww.growvc.com27

Grow VC - Everyone funding startupswww.growvc.com28

Grow VC - Everyone funding startupswww.growvc.com29

Grow VC - Everyone funding startups

Match-making and negotiation tools

for private investments

Grow VC - Everyone funding startups

Professionalservice investments

Grow VC - Everyone funding startups

Freemium - Subscription based NO transaction fees Efficient due diligence

Standard term sheets, including partners in process

Grow VC will providethat networked solution

Grow VC - Everyone funding startups

Transparent global market place

Tools to find companies, make investments and manage investments

Together – Crowd, Business Angels and Institutional Investors

Create a connected global marketplace

Grow VC - Everyone funding startups

Open API’s to develop applications and services

Open to develop new funding and business models

Open

Grow VC - Everyone funding startups

Help to build the team and other key contacts to start

Ecosystem and community to find partners, people and other actors

Support good things, help new activities and build their own future – people do not only invest to get ROI

It is not only money

Grow VC - Everyone funding startups

WE HAVE A DREAM:more equal opportunities,

where entrepreneursand private investors unite

to accelerate innovation

Grow VC - Everyone funding startups

Trust Economy

Grow VC - Everyone funding startups

IT CREATES VALUEIt can work only if

www.growvc.com38

Grow VC - Everyone funding startups

Value to All Parties

Grow VC - Everyone funding startups

Start-ups

Community to find right type of investors around the world Tools to manage the investment process Market, develop and gain credibility to your company Build your team Build TRUST online

Grow VC - Everyone funding startups

Investors

A place to find early phase companies around the world Community peer-review indicators for interesting opportunities

(micro investment) Opportunity to diversify investments and risk Build your TRUST online

Grow VC - Everyone funding startups

Experts

Access to start-up companies and investors around the world Potential customers that need investment, legal, business

development and financial services Follow trends and new ideas globally Build your TRUST online

Grow VC - Everyone funding startups

WHAT NEXT?Excellent, but

www.growvc.com43

Grow VC - Everyone funding startups

“You don’t have to be Steve Jobs, to be an entrepreneur”

Grow VC - Everyone funding startups

”You don’t have to beBill Gates to be

an investor”

Grow VC - Everyone funding startups

”Everyone must start somewhere”

Grow VC - Everyone funding startups

Grow Venture Community

When do YOU start...?

Grow VC - Everyone funding startups

Jouko Ahvenainenjouko@growvc.comTel (UK): +44 7889 833 165Tel (HK): +852 8120 7854Tel (US): +1 415 287 0854Skype: jahven - Twitter:@jahven

www.growvc.comTwitter: @growvc

Podcast: “Grow VC” in iTunes

Recommended