Your SlideShare is downloading. ×
  • Like
Crowdfunding with ShareIn -  presentation
Upcoming SlideShare
Loading in...5
×

Thanks for flagging this SlideShare!

Oops! An error has occurred.

×

Now you can save presentations on your phone or tablet

Available for both IPhone and Android

Text the download link to your phone

Standard text messaging rates apply

Crowdfunding with ShareIn - presentation

  • 114 views
Published

 

Published in Business , Economy & Finance
  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Be the first to comment
    Be the first to like this
No Downloads

Views

Total Views
114
On SlideShare
0
From Embeds
0
Number of Embeds
1

Actions

Shares
Downloads
2
Comments
0
Likes
0

Embeds 0

No embeds

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
    No notes for slide

Transcript

  • 1. Crowdfunding for Technology Companies 27 March 2014
  • 2. Crowdfunding for technology companies Jude Cook, Founder ShareIn.com © ShareIn Limited 2014. Contact: Team@sharein.com. ShareIn Limited is authorised and regulated by the Financial Conduct Authority, as an Appointed Representative (607486) of Kession Capital Limited (582160). ShareIn is a founding member of the UK Crowdfunding Association.
  • 3. 1. Introduction & overview of crowdfunding 2. Is crowdfunding an option for your business? 3. A focus on equity crowdfunding 4. What you’ll need to do for your best chance at success © ShareIn Limited 2014. Contact: Team@sharein.com. ShareIn Limited is authorised and regulated by the Financial Conduct Authority, as an Appointed Representative (607486) of Kession Capital Limited (582160). ShareIn is a founding member of the UK Crowdfunding Association.
  • 4. • Jude Cook • Engineering Graduate • Chartered Accountant • BT plc Corporate Finance • Business Plan • Founded ShareIn 2 years ago • Launched the beta in Dec 2013 • First success Feb 2014 Co-Founder ShareIn.com © ShareIn Limited 2014. Contact: Team@sharein.com. ShareIn Limited is authorised and regulated by the Financial Conduct Authority, as an Appointed Representative (607486) of Kession Capital Limited (582160). ShareIn is a founding member of the UK Crowdfunding Association.
  • 5. • Not a new idea - but internet enables it • Democratic finance - businesses and projects of all forms and sizes access to money while bypassing traditional banking institutions. • But it isn’t all about the money – crowdfunding can be about building a community. Overview of crowdfunding © ShareIn Limited 2014. Contact: Team@sharein.com. ShareIn Limited is authorised and regulated by the Financial Conduct Authority, as an Appointed Representative (607486) of Kession Capital Limited (582160). ShareIn is a founding member of the UK Crowdfunding Association.
  • 6. • Rewards/Donations – Kickstarter, Indiegogo, BloomVC • Debt – P2P – Zopa , P2B – Funding Circle, ThinCats, Invoice finance – Market Invoice, Platform Black • Equity – CrowdCube, Seedrs, ShareIn 3 Main types of crowdfunding © ShareIn Limited 2014. Contact: Team@sharein.com. ShareIn Limited is authorised and regulated by the Financial Conduct Authority, as an Appointed Representative (607486) of Kession Capital Limited (582160). ShareIn is a founding member of the UK Crowdfunding Association.
  • 7. Why now? 3 ForcesEconomic • UK Banks reduced role in SME funding • Very few companies listing on FTSE or AIM • Angels Investors are tied into investments unable to exit and that require further rounds • Low interest rates obtained on savings • The UK introduced the most amazing tax break ever - SEIS Social • Individuals savings increase in a recession (UK saves >£50bn pa) • Anti-bank sentiment • Investors more flexible attitude to investment • Increasing demand by investors to take control of their own finances • Need for diversification Technology • Internet an enabler • Rise of social networks • Online financial transaction technology developed © ShareIn Limited 2014. Contact: Team@sharein.com. ShareIn Limited is authorised and regulated by the Financial Conduct Authority, as an Appointed Representative (607486) of Kession Capital Limited (582160). ShareIn is a founding member of the UK Crowdfunding Association.
  • 8. 1. Introduction & overview of crowdfunding 2. Is crowdfunding an option for your business? 3. A focus on equity crowdfunding 4. What you’ll need to do for your best chance at success © ShareIn Limited 2014. Contact: Team@sharein.com. ShareIn Limited is authorised and regulated by the Financial Conduct Authority, as an Appointed Representative (607486) of Kession Capital Limited (582160). ShareIn is a founding member of the UK Crowdfunding Association.
  • 9. • Rewards/Donations – Creative Industries, Social Enterprise, Consumer Products <£100 • Debt – same criteria as banks e.g. serviceability of debt, security, min 2 year trading history, positive monthly cash flows etc • Equity – Scalable start-ups/early stage, growth companies Is crowdfunding an option for your tech business? © ShareIn Limited 2014. Contact: Team@sharein.com. ShareIn Limited is authorised and regulated by the Financial Conduct Authority, as an Appointed Representative (607486) of Kession Capital Limited (582160). ShareIn is a founding member of the UK Crowdfunding Association.
  • 10. 1. Introduction & overview of crowdfunding 2. Is crowdfunding an option for your business? 3. A focus on equity crowdfunding 4. What you’ll need to do for your best chance at success © ShareIn Limited 2014. Contact: Team@sharein.com. ShareIn Limited is authorised and regulated by the Financial Conduct Authority, as an Appointed Representative (607486) of Kession Capital Limited (582160). ShareIn is a founding member of the UK Crowdfunding Association.
  • 11. • How does all the legal side of things work? • Will crowdfunding deter later stage funding? • My company is cutting edge technology – the crowd won’t understand - what can I do? • Protecting my IP • Angels or the Crowd or a mix of the two? • Where to start A focus on equity crowdfunding © ShareIn Limited 2014. Contact: Team@sharein.com. ShareIn Limited is authorised and regulated by the Financial Conduct Authority, as an Appointed Representative (607486) of Kession Capital Limited (582160). ShareIn is a founding member of the UK Crowdfunding Association.
  • 12. Yes No Technology & Health Companies who want to raise >£50k in equity finance Non Technology or Health Companies or companies who want to raise <£50k + OR Companies that offer an exciting proposition Companies that lack ambition + OR Up to date business plan and financial projections Don’t have a business plan yet + OR Will get fully behind promoting their pitch People who think they can just sit back and the money will roll in Who can ShareIn help? © ShareIn Limited 2014. Contact: Team@sharein.com. ShareIn Limited is authorised and regulated by the Financial Conduct Authority, as an Appointed Representative (607486) of Kession Capital Limited (582160). ShareIn is a founding member of the UK Crowdfunding Association.
  • 13. 1. Introduction & overview of crowdfunding 2. Is crowdfunding an option for your business? 3. A focus on equity crowdfunding 4. What you’ll need to do for your best chance at success © ShareIn Limited 2014. Contact: Team@sharein.com. ShareIn Limited is authorised and regulated by the Financial Conduct Authority, as an Appointed Representative (607486) of Kession Capital Limited (582160). ShareIn is a founding member of the UK Crowdfunding Association.
  • 14. - Start gathering people/contacts who will be interested in your pitch NOW - Identify which type of crowdfunding suits your needs - Prepare your pitch and test it on people (video/business plan/strategy) - Prepare a marketing plan with key influencers primed and ready. - Deliver your plan – business contacts, social media, press contacts, friends, family, blog posts prepared, updates prepared, press releases, photos ready. What you’ll need to do for your best chance at success? © ShareIn Limited 2014. Contact: Team@sharein.com. ShareIn Limited is authorised and regulated by the Financial Conduct Authority, as an Appointed Representative (607486) of Kession Capital Limited (582160). ShareIn is a founding member of the UK Crowdfunding Association.
  • 15. • Visit UK Crowdfunding Association (UKCFA.org.uk) • Visit NESTA “Crowdingin.com” Finding out more: © ShareIn Limited 2014. Contact: Team@sharein.com. ShareIn Limited is authorised and regulated by the Financial Conduct Authority, as an Appointed Representative (607486) of Kession Capital Limited (582160). ShareIn is a founding member of the UK Crowdfunding Association.
  • 16. Questions © ShareIn Limited 2014. Contact: Team@sharein.com. ShareIn Limited is authorised and regulated by the Financial Conduct Authority, as an Appointed Representative (607486) of Kession Capital Limited (582160). ShareIn is a founding member of the UK Crowdfunding Association.