idcee v final_post

31
dealroom.co the future of capital raising

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Page 1: Idcee v final_post

dealroom.co the future of capital raising

Page 2: Idcee v final_post

Finance 1.0

Page 3: Idcee v final_post

Sophisticated financier, connected, smart, worldly…

Finance 1.0

Page 4: Idcee v final_post

Finance 1.0

“A man generally has two reasons for doing a thing. One that sounds

good, and a real one.”

Page 5: Idcee v final_post

Finance 2.0

Page 6: Idcee v final_post

Finance 2.0

Big balance sheets, PhDs, Excel models, pitch books...

Page 7: Idcee v final_post

And excess…

Finance 2.0

Page 8: Idcee v final_post

Finance 3.0

Page 9: Idcee v final_post

Finance 3.0 §  Peer-to-peer §  Low cost operations §  Transparent pricing

Simplification Fragmentation

§  Less instutions §  Size of balance sheet

doesn’t matter §  Micro-funds

Page 10: Idcee v final_post

“No problem can be solved until it is reduced to some

simple form.”

Page 11: Idcee v final_post

dealroom.co

Capital market problems that need solving

Protection from crooks

Make the best investment decisions

Page 12: Idcee v final_post

dealroom.co

Capital market problems that need solving

x  Information asymmetry

x  Adverse selection x  Winner’s curse

Protection from crooks

Make the best investment decisions

Page 13: Idcee v final_post

dealroom.co

Capital market problems that need solving

ü  Screening tools

ü  Legal framework

ü Reporting standards

ü Reputation system

ü  Accountability

x  Information asymetry

x  Adverse selection x  Winner’s curse

ü  Incentives

Protection from crooks

Make the best investment decisions

Page 14: Idcee v final_post

dealroom.co

Tech investing:

Different models for different growth

stages

Page 15: Idcee v final_post

dealroom.co

Seed stage capital

Page 16: Idcee v final_post

dealroom.co

Seed stage capital

Source: Fundable..

60%

20% 7% 7% 5% 2%

personal savings &

credit

friends & family

venture capital

angel investors

banks crowd funding

Page 17: Idcee v final_post

dealroom.co

Seed stage capital

Source: Fundable..

60%

20% 7% 7% 5% 2%

personal savings &

credit

friends & family

venture capital

angel investors

banks crowd funding

$ % ?

Page 18: Idcee v final_post

dealroom.co

Seed stage capital

Source: Fundable..

60%

20% 7% 7% 5% 2%

personal savings &

credit

friends & family

venture capital

angel investors

banks crowd funding

$ % ?

x  Information asymetry

x  Adverse selection

Page 19: Idcee v final_post

dealroom.co

Seed stage capital

Source: Fundable..

60%

20% 7% 7% 5% 2%

personal savings &

credit

friends & family

venture capital

angel investors

banks crowd funding

$ % ?

Page 20: Idcee v final_post

“A man I do not trust could not get money from me on all the bonds in Christendom.”

Page 21: Idcee v final_post

dealroom.co

Growth capital

Page 22: Idcee v final_post

dealroom.co

Growth stage capital

LPs Asset managers, funds of funds, family offices, wealthy individuals

GPs Venture Capital funds

OLD

Investment opportunities

Page 23: Idcee v final_post

dealroom.co

Growth stage capital

LPs Asset managers, funds of funds, family offices, wealthy individuals

GPs Venture Capital funds

Investment opportunities

OLD NEW

Investment opportunities

Asset managers

Funds of funds

Entrepreneurs Mentors

Wealthy individuals

Lead investors

Page 24: Idcee v final_post

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Connecting founders with top venture capital funds of choice

Page 25: Idcee v final_post

dealroom.co

Historically, founders had two choices for fundraisings or exits

25

ü  Has a “rolodex”

ü  Transaction support

x  Extremely costly

x  Requires exclusivity

x  Black-box

x  Not data-driven

Do-it-Yourself Advisor

ü  Save on fees

ü  Directly in control

x  Limited network

x  No tactical advice

x  No support if process derails

x  Fair deal terms?

Page 26: Idcee v final_post

dealroom.co

All benefits of having an advisor, but more flexible and transparent

Do-it-Yourself

dealroom.co

Advisor

26

ü  Save on fees

ü  Directly in control

x  Limited network

x  No tactical advice

x  No support if

process derails

x  Fair deal terms?

ü  Full control

ü  Real-time transparency

ü  Select from the best funds

ü  Full advisory support

ü  Flexible terms

ü  Achieve market value

ü  Proven model

ü  Has a “rolodex”

ü  Transaction support

x  Extremely costly

x  Requires exclusivity

x  Black-box

x  Not data-driven

Page 27: Idcee v final_post

dealroom.co 27

A single private workspace from launch to completion

✓ Monitor investor interest & activity

✓ Streamline and simplify the

funding process

✓ Upload and share KPIs

securely

✓ Choose the best investors to work

with

Page 28: Idcee v final_post

dealroom.co 28

ü 1,137 funds

ü 244 super angels

ü most geographies

ü all growth stages

ü experience across sectors

ü high engagement

Investors

ü  13,500+ companies

ü  all industries

ü  all growth stages

ü  across Europe and beyond

Companies 754,000 tracking connections

14 completed fundraisings €5-10M median size

dealroom.co

Page 29: Idcee v final_post

dealroom.co

dealroom.co

Crowd-sourced data

Private and secure

Founders choose investors

Marketplace versus Data model

Marketplaces

ü  Positive network effects

ü  Transparency

x  Passive

x  Adverse selection

Data tools

x  Negative network effects

ü  Proprietary deal-flow

ü  Pro-active

ü  Identify winners

Page 30: Idcee v final_post

“Go as far as you can see. When you get there,

you'll be able to see farther.”

Page 31: Idcee v final_post

dealroom.co

dealroom.co

AMSTERDAM | BERLIN | LONDON

dealroom.co B.V. Bachstraat 15

1077 GE Amsterdam The Netherlands

[email protected]