![Page 1: Future of funding & the virtual Silicon Valley](https://reader034.vdocument.in/reader034/viewer/2022051706/58f9abcf760da3da068b87b4/html5/thumbnails/1.jpg)
Grow VC - Everyone funding startups
How to fix it?Crowd-funding and new funding models
Jouko Ahvenainen
May 11, 2010
![Page 2: Future of funding & the virtual Silicon Valley](https://reader034.vdocument.in/reader034/viewer/2022051706/58f9abcf760da3da068b87b4/html5/thumbnails/2.jpg)
Grow VC - Everyone funding startups
![Page 3: Future of funding & the virtual Silicon Valley](https://reader034.vdocument.in/reader034/viewer/2022051706/58f9abcf760da3da068b87b4/html5/thumbnails/3.jpg)
Grow VC - Everyone funding startups
WE MUST ACT
When something doesn’t work
www.growvc.com3
![Page 4: Future of funding & the virtual Silicon Valley](https://reader034.vdocument.in/reader034/viewer/2022051706/58f9abcf760da3da068b87b4/html5/thumbnails/4.jpg)
Grow VC - Everyone funding startups
When people don’t like how
something works…
![Page 5: Future of funding & the virtual Silicon Valley](https://reader034.vdocument.in/reader034/viewer/2022051706/58f9abcf760da3da068b87b4/html5/thumbnails/5.jpg)
Grow VC - Everyone funding startups
its all about enabling
entrepreneurship
and the freedom of innovation
…great things
can happen
![Page 6: Future of funding & the virtual Silicon Valley](https://reader034.vdocument.in/reader034/viewer/2022051706/58f9abcf760da3da068b87b4/html5/thumbnails/6.jpg)
Grow VC - Everyone funding startups
Current Venture Capital market
![Page 7: Future of funding & the virtual Silicon Valley](https://reader034.vdocument.in/reader034/viewer/2022051706/58f9abcf760da3da068b87b4/html5/thumbnails/7.jpg)
Grow VC - Everyone funding startups
Venture Capital model is over 50 years old…
![Page 8: Future of funding & the virtual Silicon Valley](https://reader034.vdocument.in/reader034/viewer/2022051706/58f9abcf760da3da068b87b4/html5/thumbnails/8.jpg)
Grow VC - Everyone funding startups
…and it’s going downhill
![Page 9: Future of funding & the virtual Silicon Valley](https://reader034.vdocument.in/reader034/viewer/2022051706/58f9abcf760da3da068b87b4/html5/thumbnails/9.jpg)
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
![Page 10: Future of funding & the virtual Silicon Valley](https://reader034.vdocument.in/reader034/viewer/2022051706/58f9abcf760da3da068b87b4/html5/thumbnails/10.jpg)
Grow VC - Everyone funding startups
enabling a more vibrant market
via peer-to-peer and crowd-funding
![Page 11: Future of funding & the virtual Silicon Valley](https://reader034.vdocument.in/reader034/viewer/2022051706/58f9abcf760da3da068b87b4/html5/thumbnails/11.jpg)
Grow VC - Everyone funding startups
Vision The next Silicon Valley is not a location, it is a platform
and community on the Internet
![Page 12: Future of funding & the virtual Silicon Valley](https://reader034.vdocument.in/reader034/viewer/2022051706/58f9abcf760da3da068b87b4/html5/thumbnails/12.jpg)
Grow VC - Everyone funding startups
Virtu
al S
ilico
n V
alle
y
“;+)
![Page 13: Future of funding & the virtual Silicon Valley](https://reader034.vdocument.in/reader034/viewer/2022051706/58f9abcf760da3da068b87b4/html5/thumbnails/13.jpg)
Grow VC - Everyone funding startups
MissionProvide the platform, service tool kit and partner network
for the virtual Silicon Valley
![Page 14: Future of funding & the virtual Silicon Valley](https://reader034.vdocument.in/reader034/viewer/2022051706/58f9abcf760da3da068b87b4/html5/thumbnails/14.jpg)
Grow VC - Everyone funding startups
![Page 15: Future of funding & the virtual Silicon Valley](https://reader034.vdocument.in/reader034/viewer/2022051706/58f9abcf760da3da068b87b4/html5/thumbnails/15.jpg)
Grow VC - Everyone funding startups
global
transparent
open
collaborative
efficient
![Page 16: Future of funding & the virtual Silicon Valley](https://reader034.vdocument.in/reader034/viewer/2022051706/58f9abcf760da3da068b87b4/html5/thumbnails/16.jpg)
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
![Page 17: Future of funding & the virtual Silicon Valley](https://reader034.vdocument.in/reader034/viewer/2022051706/58f9abcf760da3da068b87b4/html5/thumbnails/17.jpg)
Grow VC - Everyone funding startups
IT IS NOT ONLY MONEY, BUT
PEOPLE AND PASSION
There will be much more models, because
www.growvc.com17
![Page 18: Future of funding & the virtual Silicon Valley](https://reader034.vdocument.in/reader034/viewer/2022051706/58f9abcf760da3da068b87b4/html5/thumbnails/18.jpg)
Grow VC - Everyone funding startupswww.growvc.com18
Co-op was for creating together
Co-op will again be for creating more together
![Page 19: Future of funding & the virtual Silicon Valley](https://reader034.vdocument.in/reader034/viewer/2022051706/58f9abcf760da3da068b87b4/html5/thumbnails/19.jpg)
Grow VC - Everyone funding startups
Buying and owning
www.growvc.com19
![Page 20: Future of funding & the virtual Silicon Valley](https://reader034.vdocument.in/reader034/viewer/2022051706/58f9abcf760da3da068b87b4/html5/thumbnails/20.jpg)
Grow VC - Everyone funding startupswww.growvc.com20
You can take money investments
and build with money
![Page 21: Future of funding & the virtual Silicon Valley](https://reader034.vdocument.in/reader034/viewer/2022051706/58f9abcf760da3da068b87b4/html5/thumbnails/21.jpg)
Grow VC - Everyone funding startupswww.growvc.com21
Or you can take service investments
and build with people
![Page 22: Future of funding & the virtual Silicon Valley](https://reader034.vdocument.in/reader034/viewer/2022051706/58f9abcf760da3da068b87b4/html5/thumbnails/22.jpg)
Grow VC - Everyone funding startups
AND HOW TO DO IT
Crowd-funding
www.growvc.com22
![Page 23: Future of funding & the virtual Silicon Valley](https://reader034.vdocument.in/reader034/viewer/2022051706/58f9abcf760da3da068b87b4/html5/thumbnails/23.jpg)
Grow VC - Everyone funding startupswww.growvc.com23
![Page 24: Future of funding & the virtual Silicon Valley](https://reader034.vdocument.in/reader034/viewer/2022051706/58f9abcf760da3da068b87b4/html5/thumbnails/24.jpg)
Grow VC - Everyone funding startups
P2P and Crowd-fundingvia Community Investments
![Page 25: Future of funding & the virtual Silicon Valley](https://reader034.vdocument.in/reader034/viewer/2022051706/58f9abcf760da3da068b87b4/html5/thumbnails/25.jpg)
Grow VC - Everyone funding startups
Match-making and negotiation tools
for private investments
![Page 26: Future of funding & the virtual Silicon Valley](https://reader034.vdocument.in/reader034/viewer/2022051706/58f9abcf760da3da068b87b4/html5/thumbnails/26.jpg)
Grow VC - Everyone funding startups
Professionalservice investments
![Page 27: Future of funding & the virtual Silicon Valley](https://reader034.vdocument.in/reader034/viewer/2022051706/58f9abcf760da3da068b87b4/html5/thumbnails/27.jpg)
Grow VC - Everyone funding startupswww.growvc.com27
![Page 28: Future of funding & the virtual Silicon Valley](https://reader034.vdocument.in/reader034/viewer/2022051706/58f9abcf760da3da068b87b4/html5/thumbnails/28.jpg)
Grow VC - Everyone funding startupswww.growvc.com28
![Page 29: Future of funding & the virtual Silicon Valley](https://reader034.vdocument.in/reader034/viewer/2022051706/58f9abcf760da3da068b87b4/html5/thumbnails/29.jpg)
Grow VC - Everyone funding startupswww.growvc.com29
![Page 30: Future of funding & the virtual Silicon Valley](https://reader034.vdocument.in/reader034/viewer/2022051706/58f9abcf760da3da068b87b4/html5/thumbnails/30.jpg)
Grow VC - Everyone funding startupswww.growvc.com30
![Page 31: Future of funding & the virtual Silicon Valley](https://reader034.vdocument.in/reader034/viewer/2022051706/58f9abcf760da3da068b87b4/html5/thumbnails/31.jpg)
Grow VC - Everyone funding startupswww.growvc.com31
![Page 32: Future of funding & the virtual Silicon Valley](https://reader034.vdocument.in/reader034/viewer/2022051706/58f9abcf760da3da068b87b4/html5/thumbnails/32.jpg)
Grow VC - Everyone funding startups
Freemium - Subscription based
NO transaction fees
Efficient due diligence
Standard term sheets, including partners in process
Grow VC will provide
that networked solution
![Page 33: Future of funding & the virtual Silicon Valley](https://reader034.vdocument.in/reader034/viewer/2022051706/58f9abcf760da3da068b87b4/html5/thumbnails/33.jpg)
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
![Page 34: Future of funding & the virtual Silicon Valley](https://reader034.vdocument.in/reader034/viewer/2022051706/58f9abcf760da3da068b87b4/html5/thumbnails/34.jpg)
Grow VC - Everyone funding startups
Open API’s to develop applications and services
Open to develop new funding and business models
Open
![Page 35: Future of funding & the virtual Silicon Valley](https://reader034.vdocument.in/reader034/viewer/2022051706/58f9abcf760da3da068b87b4/html5/thumbnails/35.jpg)
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
![Page 36: Future of funding & the virtual Silicon Valley](https://reader034.vdocument.in/reader034/viewer/2022051706/58f9abcf760da3da068b87b4/html5/thumbnails/36.jpg)
Grow VC - Everyone funding startups
more equal opportunities,
enabling entrepreneurship
and investors
and accelerating innovation
![Page 37: Future of funding & the virtual Silicon Valley](https://reader034.vdocument.in/reader034/viewer/2022051706/58f9abcf760da3da068b87b4/html5/thumbnails/37.jpg)
Grow VC - Everyone funding startups
Trust Economy
![Page 38: Future of funding & the virtual Silicon Valley](https://reader034.vdocument.in/reader034/viewer/2022051706/58f9abcf760da3da068b87b4/html5/thumbnails/38.jpg)
Grow VC - Everyone funding startups
IT CREATES VALUE
It can work only if
www.growvc.com38
![Page 39: Future of funding & the virtual Silicon Valley](https://reader034.vdocument.in/reader034/viewer/2022051706/58f9abcf760da3da068b87b4/html5/thumbnails/39.jpg)
Grow VC - Everyone funding startups
Value to All Parties
![Page 40: Future of funding & the virtual Silicon Valley](https://reader034.vdocument.in/reader034/viewer/2022051706/58f9abcf760da3da068b87b4/html5/thumbnails/40.jpg)
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
![Page 41: Future of funding & the virtual Silicon Valley](https://reader034.vdocument.in/reader034/viewer/2022051706/58f9abcf760da3da068b87b4/html5/thumbnails/41.jpg)
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
![Page 42: Future of funding & the virtual Silicon Valley](https://reader034.vdocument.in/reader034/viewer/2022051706/58f9abcf760da3da068b87b4/html5/thumbnails/42.jpg)
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
![Page 43: Future of funding & the virtual Silicon Valley](https://reader034.vdocument.in/reader034/viewer/2022051706/58f9abcf760da3da068b87b4/html5/thumbnails/43.jpg)
Grow VC - Everyone funding startups
WHAT NEXT?
Excellent, but
www.growvc.com43
![Page 44: Future of funding & the virtual Silicon Valley](https://reader034.vdocument.in/reader034/viewer/2022051706/58f9abcf760da3da068b87b4/html5/thumbnails/44.jpg)
Grow VC - Everyone funding startups
“You don’t have to be
Steve Jobs, to be
an entrepreneur”
![Page 45: Future of funding & the virtual Silicon Valley](https://reader034.vdocument.in/reader034/viewer/2022051706/58f9abcf760da3da068b87b4/html5/thumbnails/45.jpg)
Grow VC - Everyone funding startups
”You don’t have to be
Bill Gates to be
an investor”
![Page 46: Future of funding & the virtual Silicon Valley](https://reader034.vdocument.in/reader034/viewer/2022051706/58f9abcf760da3da068b87b4/html5/thumbnails/46.jpg)
Grow VC - Everyone funding startups
”Everyone must start
somewhere”
![Page 47: Future of funding & the virtual Silicon Valley](https://reader034.vdocument.in/reader034/viewer/2022051706/58f9abcf760da3da068b87b4/html5/thumbnails/47.jpg)
Grow VC - Everyone funding startups
Grow Venture Community
When do YOU start...?
![Page 48: Future of funding & the virtual Silicon Valley](https://reader034.vdocument.in/reader034/viewer/2022051706/58f9abcf760da3da068b87b4/html5/thumbnails/48.jpg)
Grow VC - Everyone funding startups
Jouko [email protected] (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