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 :: ::