Upload
jouko-ahvenainen
View
106
Download
2
Tags:
Embed Size (px)
DESCRIPTION
Grow VC Group presentation in University of Oxford, Forum Oxford, on November 23, 2012. The presentation covers issues and new solutions for private company funding from seed phase to IPO, including crowdfunding and new solutions based on JOBS Act and open market places.
Citation preview
Grow VC Group :: :: www.growvcgroup.com :: ::
@growvc :: ::
Disruption in finance: from seed to IPO November 23, 2012 :: Jouko Ahvenainen Forum Oxford 2012
:: :: Grow VC Group :: ::
3
Grow VC Group has grown to have globally 5 companies for new investment models and growing number of portfolio companies
11/22/12 www.growvc.com - confidential 4
Finance and Services Portfolio
Samples:
Infrastucture
Grow VC Group ::
Nov 1, 2011 www.growvc.com 5
Over 16,500 investors Over 4,300 startups
10% monthly growth
Almost $35 Million investment money
Users from 200 countries
The most global market place for equity
Over 400 3rd party crowdfunding network on the platform
Dozens of investments, millions of money
11/22/12 www.growvc.com - confidential 6
Full solution: investment community, tools, payments, backoffice and reporting – set up in a minute
Anyone can start market place in Crowd Valley ::
11/22/12 www.growvc.com - confidential 7
First $100,000 from crowdfunding, excellent progress since then!
Case :: CINTEP ::
11/22/12 www.growvc.com - confidential 8
Money and resources (Work Investments) thru crowdfunding!
Case :: The Tip Card ::
:: :: From Seed to IPO :: ::
November 22, 2012 www.growvc.com 10
Startup crowdfunding system ::
Nov 1, 2011 www.growvc.com 11
JOBS Act in the USA ::
11/22/12 www.growvc.com - confidential 12
1. Direct investments!- An investor invests directly in a company, become a shareholder,
company can have hundreds of small shareholders!2. Investments through an instrument!
- An investor can select a company he/she invest in, but the actual investment is done by an investment company that aggregates all investments together, the investment company is the shareholder!
3. Crowdfunding of investment instruments!- Crowdfunding model is used to raise capital in a fund and the fund
makes investments!4. Co-investment models!
- Different models to make co-investments with crowdfunding!
Several Investment Models ::
Nov 1, 2011 www.growvc.com 13
Seed to IPO :: Broken Pipe ::
11/22/12 www.growvc.com - confidential 14
Phase Problem Solution candidate Seed How to build the first version Angels, crowdfunding, new
lending models Series A VC’s pick only a few
companies Other funding models like lending and crowdfunding for no-VC cases
Series B to C No many investors in this area
New market place models: crowd-based funds, syndicate market places and instruments
Exit of investor before Exit
The market is not liquid, i.e. very long-term investments, decrease investment willingness
Market places for different phases
IPO Big step Easier transition thru different market places
We can fix it ::
Title II!§ Online Solicitation of
Accredited Investors!§ This part opens possibility
market, sell and trade private securities in market places!
§ This part can have more important influence on later funding phases than the early phase crowdfunding!
Nov 1, 2011 www.growvc.com 15
JOBS Act is not only startup crowdfunding ::
ü US Delegation in Transatlantic Economic Forum ü Cooperation with Singapore Government Investment
Company, ü Crowdfunding Regulatory Intermediary Association
(CFIRA) ü Crowdfunding Professional Association (CFPA) ü National Crowdfunding Association (NLCFA) ü European Crowdfunding Network ü Cooperation with Securities and Exchange
Commission (SEC) and Financial Industry Regulatory Authority (FINRA)
Many regulatory activities ::
More open market!§ Crowdfunding for early
phase is one components!§ Important get different
models and phases to work together!
§ Also traditional finance sector has noticed startups and private companies!
10/16/12 www.growvc.com 17
Disruption in finance and funding models ::
Read & write, participatory, conversational: markets are conversations, marketing is a conversation, business is a social science!
A new language:
A cultural
challenge
…for corporates …for governments …for human beings
To resist will lead to
financial and organisational
exhaustion
Grow VC Group :: :: www.growvcgroup.com :: ::
Jouko Ahvenainen :: :: [email protected] :: ::
+44 7889 833 165 :: ::