•What are the sources of funding ?•What do VCs do?•What do we look for in a business venture?•How do we evaluate a company?

ANSWERS TO SOME QUESTIONS ..

BUSINESS LIFE CYCLE

Source Government Private or Semi-Private High Net Worth Individuals

Equity No equity involved Equity of the company Equity of the company

Goal Completion of IP creation, commercialisation

Return$ Return$ & Exploring new ventures

Duration Short term (<1 year)

3-5 years Unknown, usually long term

Payback Only if defaulted Upon exit or as mutually agreed

Mutually agreed

Reporting Milestone or Reimbursement basisprovider not involved in managing company

Depends on the stage of the companyrepresentation on the Board of Director

Loose

Coaching Not inclusive Inclusive through investment

Depends on angel’s available time and interest

You need to know :

• Why you need funding

• What are your seeking for

• What is the fund for

• Where is your market potential

• have a cohesive management team

• Focus in making revenue and profit, or at least proof that customers BUY your idea or product

• Manage your cash flow & burn rate

• HIRE staffs with RELEVANT skill sets + financial person

• Get a value adding & balanced Board of Directors

• Get mentor(s) and/or coaches

• Grants are nice, but don’t become grantpreneurs

• Stay focus to achieve your planned goals, short & long term are equally important!

• Keep shaping your business until you get it right!

• Active participation• Experience in working with

Tech-based companies• Network and global linkages

Areas of interests :• Software and IT, Internet,

Wireless & Mobility, High Growth Technology, Electronics, Green Tech

• Start-up to Pre-IPO stages

Chok Kwee Bee : Managing Director

CK Chong: Senior Vice President

Eliza Noordin : Vice President