Investing in Global Innovation
|
|
- Monica Houston
- 7 years ago
- Views:
Transcription
1 Investing in Global Innovation Tammi Smorynski Director, Intel Capital May, 2011 *Other marks and brands are property of their respective owners
2 Agenda Intel Capital Overview Traditional Venture Funding Current Venture Environment Pitfalls to Get to Commercialization 2
3 Intel Capital Mission Enhance Intel s Strategic Objectives By Making and Managing Financially Attractive Investments STRATEGIC FINANCIAL A Stage Agnostic and Long-Term Investor 3
4 Intel Capital Invests In a World of Possibilities Enterprise and Cloud Servers, Networking & Storage Manageability & Virtualization Security & Data Management Data Centers & Cloud Services Embedded & Communications Digital Signage Connected Car & IVI Home Energy Management Communications Infrastructure Software and Services Meego & AppUp Center Cloud Computing Open Source Security / Big Data Visual Computing Mobile Internet Mobility Tablets Smart Phones Notebooks 4 *Other marks and brands are property of their respective owners
5 Intel Capital Invests In a World of Possibilities Digital Home Smart TV Home Networking Silicon Platform Software Connected Devices & Services Consumer Internet e-commerce Social Media Consumer Services Mobile Web Tools & Infrastructure Cleantech Greentech Grid Infrastructure Home Energy Management Smart Commercial Buildings Microgrids & Communities Manufacturing Memory Semiconductor Process Materials & Equipment EDA Tools & IP Non-Volatile Memory 5 *Other marks and brands are property of their respective owners
6 Intel Capital Investments Deals US$327M 44% of Dollars Outside N. America 40 International Investments 12 IPOs 17 Acquisitions Historical 1,100+ Companies US$9.8+Billion 36% of Dollars Outside N. America 48 Countries 189 IPOs 258 Acquisitions 6
7 Intel Capital Global Presence Invested $9.8+ Billion in 48 Countries 26 Intel Capital Offices Investments in 48 Countries 7 Intel Capital Invested Intel Offices
8 2010 Intel Capital Exits Working to Help Companies Exit Successfully USA USA USA USA USA China Germany S. Korea USA USA China USA India China USA China USA USA USA Canada USA USA S. Korea India USA ATIVI - Telecomnet, Inc. Brazil Japan India USA 8 *Other marks and brands are property of their respective owners
9 Intel Capital Technology Days Customized engagements portfolio companies per ITD 60 ITDs per year 90+% follow-up rate Win-win-win for portfolio companies, customers & Intel 9 Delivering Win-Win Introductions 325+ Technology Days Since 2005 *Other marks and brands are property of their respective owners
10 Intel Capital CEO Summit 2010 Informative Speakers Sir John Major Former Prime Minister, UK Brian J. Dunn CEO, Best Buy Arvind Sodhani President, Intel Capital Intel EVP Paul Otellini CEO, Intel Corporation Les Moonves CEO, CBS Corporation Duncan L. Niederauer CEO, NYSE Euronext CEO Elevator Pitches, Networking, Networking Networking 10
11 Intel Capital s Unique Advantages Leading technology investment organization Invests at all stages in private and public companies Leads investment rounds, takes larger stakes, actively participates on boards Speed and agility to make quick decisions Global brand recognition Committed to portfolio company success 11
12 Intel Capital Overview Traditional Venture Funding Current Venture Environment Pitfalls to Get to Commercialization 12
13 Venture Capital Investing LIMITED PARTNERS Pension Funds Foundations Wealthy individuals CALL funds VENTURE FUNDS Kleiner Perkins Sequoia. INVEST, with new Lead START UPS ALLOCATE: ~5% FUND = Committed Cash 10 YEAR LIFE EXITS: IPO (BEST) M&A (GOOD) Shut down 13
14 Limited Partners Monthly $5M Contributions Pre 2009 $1 BILLION Monthly $1M Contribution s 2009 $510M $100M PE & VC $100M Real Estate $100M Intl Equity r r r 10% $70M PE/VC $10M Real Estate $30M Intl Equity r 13.7% 14 $100M Commodities $100M Hedge Funds $100M US Equity $100M Intl Bonds $100M Bonds $100M Money Market $100M Cash r r r r r r r Monthly $7M Payout to retirees $50M Commodities $10M Hedge Funds $50M US Equity $30M Intl Bonds $70M Bonds $90M Money Market $100M Cash r r r r Liquidation Issues Monthly $4M Payout to retirees r = return
15 Limited Partners Told VCs to not ask for money (liquidity issues) Then reduced EXISTING commitments (allocation issues) Reduce amount you will send in future Reduce amount you already sent = require VC firms to sell shares in secondary market Not making NEW commitments (both liquidity & allocation) NET-NET: Reduction in $ available for Venture Investing 15
16 Venture Firms VCs unable to time when LPs will send funds in 2009, so focused on existing portfolio. Now looking for new deals. Since LPs reducing commitment levels VC firms shrunk or wound down. For now, VCs have moved away from early stage, high capex deals in certain sectors (e.g. hardware) 16
17 Venture Firms Impact from start ups: No liquidity events so no cash coming back in to VC to help them w/ LPs or other start ups Revenues pushed out requiring once profitable and near breakeven companies to now need cash No IPO or debt markets available for funding, requiring higher VC cash requirements then planned Impact from other VCs: No new investors to price/invest large $ in companies Once strong VC syndicates unable to support companies 17
18 Number of Venture-capital firms and Capital managed # of firms declined in 09; not over yet 18 Source: Wall Street Journal June 5, 2009 from National Venture Capital Association Note: Active venture-capital firms that have raised funds in the last eight years
19 Investor Pool: Information Technology Number of IT-focused VC Firms YTD 2500 # of firms declined in 09; not over yet => 4 deals 2-3 deals 1 deal Source: DowJones Venture Capital Industry Report, VentureSource Note: 2008 data through 10/2/08
20 Start Ups Turbulent economic environment slowing down revenue ramp, time to breakeven Delayed EXITS (IPOs, M&A) requires more funding to get company to breakeven or liquidity event Lots of Insider rounds slow painful process Cutting work force, pay cuts shutting down 20
21 Life Cycle of a Start UP Idea Business Plan/Investor Deck Angel Funding Series A Series? Liquidity Event = Investors able to get cash back IPO or M&A or shut down VCs have < 10 year time horizon due to Fund Rules So start ups get < 10 years to get to liquidity event 21
22 Intel Capital Overview Traditional Venture Funding Current Venture Environment Pitfalls to Get to Commercialization 22
23 Impact of Market Decline on Venture Investing Oct 2008 : Sequoia presentation 23
24 2009 vs. Tech Bubble 2009 economic situation was worse as impacts all sectors across everyone around the globe Sequoia s 2008 presentation was a good wake up call to everyone start ups moved faster than during tech bubble to cut costs Prices came down on VC deals given less VC competition Revenue opptys for start ups increased as competition went out of business 24
25 Start ups Dichotomy Hot sectors: mostly in software funding, high valuations Consumer internet or fads e.g. gesture Competitive, biz models/revenues still be to proven out Out-of-favor sectors: mostly in hardware difficult funding environment, low valuations VCs Must be frugal, look for alternative funding (SBIR, DARPA, etc.), often required to show working device for Series A (unheard of back in the 90s), expect operational experience on mgmt team Less competitive, able to make revenue progress Thriving: good brands, able to raise $, manage portfolios Striving: not clear if can raise next fund; portfolios flaming out
26 Intel Capital Overview Traditional Venture Funding Current Venture Environment Pitfalls to Get to Commercialization 26
27 27 Novel technology is not itself sufficient to get something to commercialization and a successful liquidity event.
28 Research vs. Commercialization Research Commercialization Team Constraints Cost Volume High Volume Manufacturing 28 *Other marks and brands are property of their respective owners
29 Research vs. Commercialization Research Commercialization Durability, Power, Size 29 *Other marks and brands are property of their respective owners
30 Research vs. Commercialization Certifications, warranties Research Commercialization Competition Channel 30 *Other marks and brands are property of their respective owners
31 In Conclusion Understand funding environment Novel useful innovation will get funded but may take time prepare accordingly 31
32 Investing in Global Innovation
Intel Capital. Investing in Global Innovation February 2013
Intel Capital Investing in Global Innovation February 2013 Strategic, Long-Term Investor Intel s Global Investment and M&A Organization Our Mission: Enhance Intel s strategic objectives by making and managing
More informationIntel Capital Investing in Global Innovation. January 2014
Intel Capital Investing in Global Innovation January 2014 Strategic, Long Term Investor Intel s Global Investment and M&A Organization Our Mission Enhance Intel s strategic objectives by making and managing
More informationIntel Capital Investing in Global Innovation. January 2014
Intel Capital Investing in Global Innovation January 2014 Strategic, Long Term Investor Intel s Global Investment and M&A Organization Our Mission Enhance Intel s strategic objectives by making and managing
More informationSeed Funding and Venture Capital Course Certificate Program. Greg Horowitt, Managing Director, T2 Venture Capital Kauffman Fellow, Class XV
Seed Funding and Venture Capital Course Certificate Program Greg Horowitt, Managing Director, T2 Venture Capital Kauffman Fellow, Class XV Overview Introduction to Venture Capital Instruction provided
More informationMedia for Equity: the newest VC concept from Europe. Elena Bocharova for Berliner Börsenkreis 30 June, 2015
Media for Equity: the newest VC concept from Europe Elena Bocharova for Berliner Börsenkreis 30 June, 2015 Outline: get excited How do you finance a company? A brief overview Media for Equity: what do
More informationIntroduction to VC and MAVCAP August 2013
Introduction to VC and MAVCAP August 2013 www.mavcap.com 1 AGENDA PART I: Brief Introduction to Venture Capital (VC) i. The Funding Spectrum ii. What is VC iii. How VC Works PART II: Brief Introduction
More informationVenture Capital a primer
Venture Capital a primer And some lessons learned for entrepreneurs Martin De Prycker November 2015 Contents I. VCs and how they work Qbic Fund Sources of Capital Fund structure What does a fund offer?
More informationThe benefits of private equity investment
The benefits of private equity investment David Wilton, Chief Investment Officer, International Finance Corporation (IFC), looks at how private equity can be beneficial; the different investment strategies
More informationOn March 12, 2000, the technology
Market Intelligence were AOL (America Online), EBay, Amazon, Yahoo, Cisco, Nortel, EarthLink, and MySpace.com. During Tech Boom Dejavu? By Anil Tahiliani, CFA, MBA Portfolio Manager, North American Equities
More informationVENTURE CAPITAL 101 I. WHAT IS VENTURE CAPITAL?
VENTURE CAPITAL 101 I. WHAT IS VENTURE CAPITAL? Venture capital is money provided by an outside investor to finance a new, growing, or troubled business. The venture capitalist provides the funding knowing
More informationSTARTUP CAPITAL VENTURES. Angel & Venture Capital Market 2015
STARTUP CAPITAL VENTURES Angel & Venture Capital Market 2015 What s Going On In The US VC Cycle? LPs Invest In VCs VCs Invest In Startups VCs return capital to LPs Startups Exit Via M&A or IPO Silicon
More informationTerm Sheet Battle. An Improvised Mock Negotiation of a Seed Stage Financing
Term Sheet Battle An Improvised Mock Negotiation of a Seed Stage Financing The Cast & Crew Naren Shaam Dr. Christian Nagel Dr. Mattias Birkholz Brad Furber Alex Farcet Emily-Jane Shurey The Characters
More informationAbout Our Private Investment Benchmarks
1. What is a benchmark? FREQUENTLY ASKED QUESTIONS A benchmark is a standard of measurement for investment performance. One of the more common types of benchmarks is an index which, in this case, measures
More informationChina Cloud Computing Industry Investment Report 2013
Contents 1 1.1 Definition of Cloud Computing 1 1.1.1 Definition 1 1.1.2 History 3 1.2 Research on Development Status of Cloud Computing Industry in China s Market 3 1.2.1 Policy Environment 5 1.2.2 Industrial
More informationEconomic Development. Technology Development. Shareholder Returns. fund growing companies. in innovative technology sectors
The Canarie is Dead Something is Wrong in Venture Capital -Q3 2008- The Lofty Goals of Venture Capital Economic Development fund growing companies Technology Development in innovative technology sectors
More informationRaising Venture Capital: An Entrepreneurial & GP/LP Perspective
Global Private Equity Investing Conference April 2, 2008 Raising Venture Capital: An Entrepreneurial & GP/LP Perspective Pradeep Pandey Board Member, TiE Silicon Valley CEO, Gelina, Inc. Agenda An Entrepreneur
More informationAN ANALYSIS OF THE PRIVATE EQUITY AND VENTURE CAPITAL INVESTMENTS IN BRAZILIAN COMPANIES IN THE LAST 30 YEARS. Insper-Spectra Analysis - October 2014
AN ANALYSIS OF THE PRIVATE EQUITY AND VENTURE CAPITAL INVESTMENTS IN BRAZILIAN COMPANIES IN THE LAST 30 YEARS Insper-Spectra Analysis - October 2014 This report presents an overview of Brazilian Private
More informationFinancing a New Venture
Financing a New Venture A Canadian Innovation Centre How-To Guide 1 Financing a new venture New ventures require financing to fund growth Forms of financing include equity (personal, family & friends,
More informationKey Steps Before Talking to Venture Capitalists
Key Steps Before Talking to Venture Capitalists Some entrepreneurs may not be familiar with raising institutional capital to grow their businesses. Expansion plans beyond common organic growth are typically
More informationHow To Invest In An Industrial Efficiency Start Up
Ecosummit London, October 7/8 th, 2014 Strategic investments in industrial efficiency start-ups Itziar Estevez, Siemens Venture Capital Common questions and concerns from start-ups about strategic investments
More informationdealroom.co Private & secure online workspace where VCs and founders get deals done
Private & secure online workspace where VCs and founders get deals done September, 2014 What motivated us to launch A redesign of corporate finance advisory Adoption of technology in VC industry Universe
More informationThe German Venture Capital Market from a U.S. Perspective
The German Venture Capital Market from a U.S. Perspective I. Introduction Emerging growth companies in the United States have been benefiting from the sophisticated venture capital market of the United
More informationHow does a venture capitalist appraise investment opportunities?
1 How does a venture capitalist appraise investment opportunities? Michael Queen - Finance Director, 3i Group plc A presentation to: 23 Pensions Convention 2 June 23 A How presentation does a venture to:
More informationOne COPYRIGHTED MATERIAL. Leveraged Buyout Overview. http://www.pbookshop.com. Part
Part One Leveraged Buyout Overview leveraged buyout (LBO) is a fundamental, yet complex acquisition commonly used in the investment banking and private equity industries. We A will take a look at the basic
More informationRocket Internet Co-Investment Fund
Presentation1 Agenda Page [ P R E S E N T A T I O N T I T L E ] April 2015 Rocket Internet Co-Investment Fund [ C L I E N T N A M E ] 19 th January 2016 1 Disclaimer This document is being presented solely
More information04.25.08. Shahin Farshchi, Ph.D. Associate shahin.farshchi@luxcapital.com. shahin.farshchi@luxcapital.com
An Introduction to Technology Commercialization and Venture Capital 04.25.08 Shahin Farshchi, Ph.D. Associate 1 Talking Points I. Roadmap from the lab to the marketplace II. Who VCs are and how VC works
More informationFunding Alternatives in the Current Economic Environment
Funding Alternatives in the Current Economic Environment RISE 2010 Alan Bickerstaff Technology and Emerging Companies Group Andrews Kurth LLP 111 Congress Avenue, Suite 1700 Austin, Texas 78701 (512) 320-9229
More informationFundraising for Entrepreneurs
Fundraising for Entrepreneurs Taylor Davidson taylordavidson.com I m Taylor VC Entrepreneur Previous professional experience includes: strategy consultant, startup CFO and business development, private
More informationCap Tables Explained
Cap Tables Explained Introduction Capitalization tables ( cap tables ) are used to record and track ownership in a company. If you are a sole proprietor, then it is not necessary to use a cap table you
More informationATEL Growth Capital Fund 8, LLC. Financing Tomorrow s Technologies... Today
ATEL Growth Capital Fund 8, LLC Financing Tomorrow s Technologies... Today RISK FACTORS Investors are encouraged to carefully read the Prospectus for ATEL Growth Capital Fund 8, LLC which has been provided
More informationCreating a Financing Strategy for Your Business
Creating a Financing Strategy for Your Business "It is not the critic who counts...credit belongs to the person who is in the arena, whose face is marred by dust and sweat and blood...whose place shall
More informationRisk & Reward in de Venture Capital wereld
Risk & Reward in de Venture Capital wereld Risk & Reward seminar voor de biotech-, farma en life sciences industrie 24 maart 2011 Hermitage Amsterdam Dr. John de Koning Partner Venture Capital Introduction
More informationBUSINESS FINANCING IN TANZANIA (CHALLENGES & OPPORTUNITIES)
BUSINESS FINANCING IN TANZANIA (CHALLENGES & OPPORTUNITIES) 1 The Agenda Why long term financing? The current status and existing alternatives Challenges of raising long term capital in Tanzania Capital
More informationGUIDE TO ANGEL, VENTURE CAPITAL AND PRIVATE EQUITY
IVCA GUIDE TO ANGEL, VENTURE CAPITAL AND PRIVATE EQUITY INDIAN PRIVATE EQUITY & VENTURE CAPITAL ASSOCIATION GUIDE TO ANGEL, VENTURE CAPITAL AND PRIVATE EQUITY CONTENTS Sources of Equity Financing Angels
More informationGuide to. Venture Capital. Innovation & Growth
Guide to Venture Capital Innovation & Growth Table of Contents -------------------------------------------------------------- Overview of the VC Fundraising Process 2 --------------------------------------------------------------
More informationAthens University of Economics and Business
Athens University of Economics and Business MSc in International Shipping, Finance and Management Corporate Finance George Leledakis An Overview of Corporate Financing Topics Covered Corporate Structure
More informationFUNDING INNOVATION IN
FUNDING INNOVATION IN EUROPE Jean-David Chamboredon CEO of ISAI «Ze» French Internet Entrepreneurs Fund jdc@isai.fr 05/09/2012 - ISAI @ MICS Final Event - 1 About me Started with Cap Gemini, where I spent
More informationCapital Market Glossary of Terms Apple Capital Group, Inc
GLOSSARY OF TERMS -A- Accredited Investor The SEC designation for an individual or entity meeting any of the following criteria: Any director, executive officer, or general partner of the issuer of the
More informationThe Receivables Exchange. Darla Moore School of Business Inaugural Fixed Income Conference April 20, 2012
The Receivables Exchange Darla Moore School of Business Inaugural Fixed Income Conference April 20, 2012 The Opportunity Trade Receivables Asset Class Standing in Credit Markets (1) Other Bank Loans Commercial
More informationSIIA & TripleTree's SaaS Webinar Series Capital Markets Overview
SIIA & TripleTree's SaaS Webinar Series Capital Markets Overview Moderator: Brian Klemenhagen, Senior Principal, TripleTree, LLC Panelists: Avinoam Nowogrodski, CEO, Clarizen Venu Pemmaraju, Director,
More information!!!Edge!Analytics!!!!!Selling!to!VCs!
EdgeAnalytics SellingtoVCs LouShipley In the fall of 2005, Larry Sharp has several decisions to make. After three months of intensive fund raising for his company Edge Analytics, Larry finally had a term
More informationA Pi Primer in Entrepreneurship
A Pi Primer in Entrepreneurship Prof. Dr. Ulrich Kaiser Chairof Entrepreneurship Universität Zürich Fall 2012 Content 2008 Prentice Hall Seite 2 A Pi Primer in Entrepreneurship Part III Movingfroman Ideato
More informationSCORECARD VALUATION METHODOLOGY Establishing the Valuation of Pre-revenue, Start-up Companies by Bill Payne
SCORECARD VALUATION METHODOLOGY Establishing the Valuation of Pre-revenue, Start-up Companies by Bill Payne This article was originally written in May 2001 and extensively revised in January 2011. The
More informationVenture Capital, Funding & Pitching. Zubin Chagpar, Venture Capital Business Development, Amazon Web Services @phylosopher
Venture Capital, Funding & Pitching Zubin Chagpar, Venture Capital Business Development, Amazon Web Services @phylosopher Why do we talk about this? Work with many startups & EMEA s leading VC s Discuss
More informationVenture Capital s Role in the US Renewable Energy Sector
Venture Capital s Role in the US Renewable Energy Sector Abstract: This white paper describes the venture capital industry, its role in the development of a U.S. renewable energy sector, and the aspects
More informationLaw & Economics of Contracting & Organizations - Day 3. Erik P.M.Vermeulen
Law & Economics of Contracting & Organizations - Day 3 Erik P.M.Vermeulen Case - Questions? MedTechCo Venture Capital Firm Term Sheet Financing the Start-Up Options The hard way The other hard way The
More informationSAF-HOLLAND Annual Financial Statements 2012. Detlef Borghardt, CEO Wilfried Trepels, CFO. March 14, 2013
SAF-HOLLAND Annual Financial Statements 212 Detlef Borghardt, CEO Wilfried Trepels, CFO March 14, 213 Executive Summary business volume successfully expanded in 212 1 Group sales increased yoy by 3.4%
More informationFinancing Trends in the Start-up Nation
6th Meeting of the European TTO Circle 20-21 January 2014 Financing Trends in the Start-up Nation Adv. Simon Weintraub ABOUT US Established over 55 years ago 1 of the largest and most dynamic law firms
More informationHanan Haviv Head of Hi-Tech Department, M&A (havivh@hfn.co.il) All rights are reserved to Herzog Fox and Neeman
Hanan Haviv Head of Hi-Tech Department, M&A (havivh@hfn.co.il) All rights are reserved to Herzog Fox and Neeman December 2015 It s complicated General Trends - US General Trends - Israel Israeli Hi-tech
More informationWells Fargo Energy Capital
Wells Fargo Energy Capital IPAA Private Capital Conference Mark M. Green January 21, 2014 Table of Contents I Overview of the Wells Fargo Energy Group II Wells Fargo Energy Capital III Market Activity
More informationRAISING CAPITAL SEMINAR Ivan Nikkhoo
RAISING CAPITAL SEMINAR Ivan Nikkhoo SEMINAR OBJECTIVES: Raising capital and building a high-growth company is about understanding the changing needs and challenges of a company throughout its lifecycle.
More informationIntel Reports Fourth-Quarter and Annual Results
Intel Corporation 2200 Mission College Blvd. P.O. Box 58119 Santa Clara, CA 95052-8119 CONTACTS: Reuben Gallegos Amy Kircos Investor Relations Media Relations 408-765-5374 480-552-8803 reuben.m.gallegos@intel.com
More informationGlobal Private Equity Barometer
Global Private Equity Barometer SUMMER 2013 1 S U M M E R 2 0 1 3 A UNIQUE PERSPECTIVE ON THE ISSUES AND OPPORTUNITIES FACING INVESTORS IN PRIVATE EQUITY WORLDWIDE Coller Capital s Global Private Equity
More informationJoseph Lai, CFA Chief Investment Officer Noesis Capital Management
Joseph Lai, CFA Chief Investment Officer Noesis Capital Management Demographics World Population 2.5% 12,000 2.0% 10,000 8,000 1.5% 1.0% 6,000 4,000 Millions 0.5% 2,000 0.0% 0 1950 1960 1970 1980 1990
More informationFamily Office Direct Investing. Spring 2012
Family Office Direct Investing Spring 2012 Summary Family offices began direct investing in the early 1900 s and their approach gave rise to the venture capital industry after WWII The modern day venture
More informationVenture Capital Report
U.S. 2Q 2015 The following report presents Dow Jones VentureSource s quarterly findings for U.S. venture capital fundraising, investment, valuation, and liquidity. The included charts and graphs offer
More informationM&A Banking Research. Mobile Device Management Market Update
M&A Banking Research August 2013 Edited by Kirk Bloede Mobile Device Management Market Update Key Takeaways Mobile Device Management (MDM) is emerging as a top priority in the enterprise market as highly
More informationQuest for Growth Results for Q3, January-March 2003
Quest for Growth Results for Q3, January-March 2003 1 Jan Keuppens joins Quest Management Investment Manager Quoted Portfolio of Quest for Growth Former technology analyst with AXA Investment Managers,
More informationSBA Export Loan Programs
SBA Export Loan Programs Pellson Lau, Regional Manager Export Solutions Group, Office of International Trade U.S. Small Business Administration 444 S. Flower St., 37 th Fl Los Angeles, CA 90071 Tel: 213.894.8267;
More informationYear End Financial Statements
Scotia Capital Financials Summit 2004 Réal Raymond President and CEO Toronto, September 14, 2004 Financial Objectives Well on Way to Being Matched Excellent positioning for year end 2004 Objectives Q3
More informationVenture Capital & Science Companies
Venture Capital & Science Companies Richard Exley Richard.exley@northstarventures.co.uk 1 Northstar Ventures is a trading name of NorthStar Equity Investors Limited. NorthStar Equity Investors Limited
More informationACA Member Landscape 2009 Different Than 2008 (And Not)
ACA Member Landscape 2009 Different Than 2008 (And Not) April 16, 2009 Summary of ACA Membership April, 2009 Full Members 146 Provisional Members 16 Accredited Investors in 7,062 States & Provinces 49
More information2015 Global venture capital confidence survey results How confident are investors? September 15, 2015
2015 Global venture capital confidence survey results How confident are investors? September 15, 2015 Contents Survey methodology, demographics and key findings Economic trends Regional and country investing
More informationCPBI Saskatchewan Regional Council Alternative Investments - Worth the Effort?
CPBI Saskatchewan Regional Council Alternative Investments - Worth the Effort? PREPARED BY: Brendan George, Partner, George & Bell Consulting Inc. November 18 and 19, 2015 Agenda Current Economic Environment
More informationThe Investor Universe. How to find your target investor; and what does he want? April 2011
The Investor Universe How to find your target investor; and what does he want? April 2011 I. Types of investors II. Overview of international investors Conclusion 2 The transaction type drives the kind
More informationDevelopment of the Client-Focused, Capital-Efficient Business Model
Development of the Client-Focused, Capital-Efficient Business Model David Mathers, Chief Operating Officer, Investment Bank at the Goldman Sachs European Financials Conference, Madrid, June 10, 2010 Cautionary
More informationPrivate Equity in Asia
Private Equity in Asia October 21 Asia private equity, in particular China, has increasingly attracted attention from institutional investors due to the region s faster economic recovery, greater growth
More informationContent. Chinese Enterprises Listing on LSE. 1 1.1 Overview of LSE. 15 1.2 LSE Listing Rules. 31 1.3 A Survey of Chinese Listings at LSE
Content Chinese Enterprises Listing on LSE 1 1.1 Overview of LSE 1 1.1.1 Development Course of LSE 3 1.1.2 Development Scale of LSE 7 1.1.3 LSE Market System 9 1.1.4 LSE Trading System 10 1.1.5 Advantages
More informationFinancing your startup business!? DTU presentation. Søren Jessen Nielsen Partner at VF Ventures 24 march, 2014
Financing your startup business!? DTU presentation Søren Jessen Nielsen Partner at VF Ventures 24 march, 2014 We are a government owned sovereign investment fund The Danish Growth Fund (DGF) to help create
More informationBPEP Workshop Financing your Company (part 2) Corporate Structure and Managing Debt
BPEP Workshop Financing your Company (part 2) Corporate Structure and Managing Debt October 21, 2013 Scott D. Elliott Partner, Ropes & Gray scott.elliott@ropesgray.com 415-315-6379 Ryan A. Murr Partner,
More informationState of the Life Sciences Mergers and Acquisitions Market
State of the Life Sciences Mergers and Acquisitions Market Brian Miller, Managing Partner and Co-Founder, Linden Partners Rich Fante, RF Consulting LLC, Formerly with AstraZeneca Americas Mark Nicholson,
More informationQuarterly Technology M&A Review
Quarterly Technology M&A Review Q4 01 Technology M&A deal value increased considerably in Q4 01, while deal count dipped to the lowest level since Q4 010. Normalized to remove the impact of Softbank s
More informationSpecial Topics: Seeking Venture Capital for Your Tech Startup
PHYS 4980/6980 Special Topics: Seeking Venture Capital for Your Tech Startup Instructor: Dr. Xunming Deng, Professor of Physics, University of Toledo Email: xunming.deng@utoledo.edu; Phone: (419) 530 4782;
More informationVenture Capital in China. May, 2012 Brian McDaniel, Goodwin Procter LLP +852.3658.5388
Venture Capital in China May, 2012 Brian McDaniel, Goodwin Procter LLP +852.3658.5388 Company Financing How Do Companies Get Capital? Informal Financing Founder savings, Loans from friends, Credit card
More informationOverview. carried interest. Copyright 2014 by Cambridge Associates LLC. All rights reserved.
Overview Cambridge Associates LLC Global ex U.S. Developed and Emerging Markets Private Equity and Venture Capital Benchmark Commentary Quarter Ending September 30, 2013 During the third quarter, in U.S.
More information2012 LENOVO CONFIDENTIAL. ALL RIGHTS RESERVED.
2 Record Fiscal Year All-time highs in revenue, market share and PTI Revenue $29.6 billion; Market Share 12.9%; PTI 582 million USD, up over 60% YTY Net income of 473 million USD, up over 70% YTY $30 Revenue
More informationSEMI Microelectronic Manufacturing Supply Chain Quarterly Market Data - CYQ1 2016 www.semi.org/marketinfo
SEMI Microelectronic Manufacturing Supply Chain Quarterly Market Data - CYQ1 2016 www.semi.org/marketinfo March 2016 Economic Trends Weakening Currency, especially Yen & Euro, dampened 2015 industry figures
More informationJ.P. Morgan Escrow Services:
TREASURY SERVICES J.P. Morgan Escrow Services: Reducing Risk & Facilitating Results Around the Globe It s a complex world, growing more so every day. Transactions are becoming more sophisticated. Local
More informationAn Overview of Private Equity
An Overview of Private Equity September 29, 2014 Private Equity Panel Moderator Les Alexander, Partner, Jefferson Capital Partners Panelists Mark Jones, Partner, River Associates Investments Gretchen Perkins,
More informationA Bootstrapping story (Bootstrap: starting a company with little capital)
A Bootstrapping story (Bootstrap: starting a company with little capital) We made 500 of each (Obama O's and Cap'n McCains). They were a numbered edition on the top of each box, and sold for $40 each.
More informationVALUATION SUPPORT FOR SMALL COMPANIES. www.earlygrowthfinancialservices.com
OUTSOURCED FOR FINANCE FINANCE, AND ACCOUNTING, ADMINISTRATION TAX, AND VALUATION SUPPORT FOR SMALL COMPANIES BUSINESS: CORE VS CONTEXT WHAT S TAKING UP YOUR TIME? Your company s finances are context:
More informationAngel Happy Hour. Peter Adams Executive Director, RVC
Angel Happy Hour Peter Adams Executive Director, RVC RVC Upcoming Events 27 th Colorado Capital Conference Monday, October 12 th 5:00pm to 8:00pm Tuesday, October 13 th All Day! www.coloradocapitalconference.org
More informationChasing growth in a constrained environment
Chasing growth in a constrained environment Bernard Fontana CEO June 14, 2012 Agenda 1 Drivers of demand growth 2 Allocating the asset footprint according to demand 3 Growth from customer excellence &
More informationFrom Start-up to Scale-up: Financing Growth Firms in Europe
1 From Start-up to Scale-up: Financing Growth Firms in Europe KAREN E. WILSON SENIOR FELLOW, BRUEGEL AFFILIATE FELLOW, SAID BUSINESS SCHOOL, OXFORD UNIVERSITY EBAN Annual Conference Porto, Portugal 26
More information1 Regional Bank Regional banks specialize in consumer and commercial products within one region of a country, such as a state or within a group of states. A regional bank is smaller than a bank that operates
More informationGlobal Private Equity Barometer
Global Private Equity Barometer WINTER 2013-14 A UNIQUE PERSPECTIVE ON THE ISSUES AND OPPORTUNITIES FACING INVESTORS IN PRIVATE EQUITY WORLDWIDE Coller Capital s Global Private Equity Barometer Coller
More informationFinancing for the Next Level C E O - S O L O M O N G L O B A L H O L D I N G S
Financing for the Next Level J. LUKE WESTERMAN C E O - S O L O M O N G L O B A L H O L D I N G S Table of Contents How to get your business growth capital Overview of capital sources Debt Traditional Financing
More informationAN INVESTOR S GUIDE. Private Equity Investing Using a Tax-Advantaged Account
AN INVESTOR S GUIDE Private Equity Investing Using a Tax-Advantaged Account Savvy investors realize that private equity can deliver significant rewards. When those investments are held in a tax-advantaged
More informationMultichannel Customer Experience
Multichannel Customer Experience Auke Douwe Veenstra, Principal Analyst April 4, 2013 2013 Forrester Research, Inc. Reproduction Prohibited We help you make better decisions in a world where technology
More informationArticle from: Reinsurance News. February 2010 Issue 67
Article from: Reinsurance News February 2010 Issue 67 Life Settlements A Window Of Opportunity For The Life Insurance Industry? By Michael Shumrak Michael Shumrak, FSA, MAAA, FCA, is president of Shumrak
More informationResearch & Policy RETAIL INVESTOR SURVEY 2014
Research & Policy RETAIL INVESTOR SURVEY 2014 March 2015 CONTENTS Page 1. Executive summary... 1 2. Introduction... 4 3. Retail participation... 5 3.1 Types of investor... 5 3.2 Types of stock investor
More information*See note 4 to our Summary Financial Information table below concerning our current operational and reporting structure
INTERIM REPORT 1(39) Nokia Corporation Interim Report for Q1 2014 FINANCIAL AND OPERATING HIGHLIGHTS First quarter 2014 highlights for continuing operations*: Nokia s non-ifrs diluted EPS in Q1 2014 of
More informationAn Introduction to Venture Capital. May 2006
An Introduction to Venture Capital May 2006 Granite representatives Sam Kingsland Managing Director Brian Panoff Vice President Prof. John Villasenor, Ph.D. Strategic Technical Advisor 2 Introduction to
More informationJanuary 2016. Pragati Maidan New Delhi, India. Digital India. International Exhibition & Conference
Exhibitions India Group ISO 9001:2008 & ISO 14001:2004 20 21 22 January 2016 Pragati Maidan New Delhi, India 24 th Digital India 6 International Exhibition & Conference Broadband Satellite TV Digital Homes
More informationFirst Property Group plc. Commercial Investment Real Estate Investing through the cycles
First Property Group plc Commercial Investment Real Estate Investing through the cycles Table of Contents Liquidity: Property vs. Equities vs. Bonds Costs of Buying Commercial Property The Need for Yield
More informationSources of Financing for Innovative SMEs: Public Sector Funds, Banks, Business Angels and Seed Funds, Venture Capitalists,
Sources of Financing for Innovative SMEs: Public Sector Funds, Banks, Business Angels and Seed Funds, Venture Capitalists, Luigi Amati CEO META Group THIRD WIPO-INSME INTERNATIONAL TRAINING PROGRAM: FINANCING
More informationMembership 54% 18% 28% Bank Captive Independent & Mult Line
Membership Bank Captive Independent & Mult Line 54% 18% 28% Business Fixed Investment & Equipment Financing Volume ($ Billions) New Business by Equipment Type Source: 2012 SEFA $14.0 $12.0 $10.0 $8.0 $6.0
More informationCanada s Venture Capital Market in Q3 2014. Prepared by Thomson Reuters for Canada s Venture Capital & Private Equity Association
Canada s Venture Capital Market in Q3 2014 Prepared by Thomson Reuters for Canada s Venture Capital & Private Equity Association Table of Contents Canada s VC Market in Q3 2014 3 $ Invested and # Companies
More informationVenture Capital Returns to Smaller Size Funds
Dialing Down: Venture Capital Returns to Smaller Size Funds Venture Capital Update Written by: Sven Weber Managing Director 650.855.3049 sweber@svb.com Jason Liou Research Senior Associate 650.855.3043
More informationNew Project Finance Structures for Worldwide Renewable Energy Development. Cindy Thyfault, CEO & Founder Westar Trade Resources May 23, 2012
New Project Finance Structures for Worldwide Renewable Energy Development Cindy Thyfault, CEO & Founder Westar Trade Resources May 23, 2012 Presentation Outline Overview of Westar History & Services Challenges
More information