Presentation: Accessing Angel and Venture Capital
Upcoming SlideShare
Loading in...5
×
 

Presentation: Accessing Angel and Venture Capital

on

  • 856 views

 

Statistics

Views

Total Views
856
Views on SlideShare
856
Embed Views
0

Actions

Likes
0
Downloads
19
Comments
0

0 Embeds 0

No embeds

Accessibility

Upload Details

Uploaded via as Microsoft PowerPoint

Usage Rights

© All Rights Reserved

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Processing…
Post Comment
Edit your comment

Presentation: Accessing Angel and Venture Capital Presentation: Accessing Angel and Venture Capital Presentation Transcript

    • ACCESSING ANGEL & VENTURE CAPITAL
    • A PRESENTATION TO
    • FROM
        • February 19, 2009
        • Presented By:
        • Jim Noble
        • Regional Coordinator
        • Northern Ontario Enterprise Gateway (705) 377-7600
        • 1-866-924-7600 [email_address]
        • www.noeg.ca
  • NOEG – An Overview
    • Incorporated non-profit with a volunteer board.
    • Funding from FedNor.
    • Mission to stimulate the flow of capital (equity)
    • investment and management expertise from northern investors into high-growth potential Northern Ontario companies.
  • NOEG – Accomplishing the Mission.
    • Formation of local/regional angel investor networks.
    • Building links to other angel groups to increase investment capacity.
    • Help entrepreneurs prepare for investment – through our investor-ready programs.
    • Provide a process and link through which investor-ready entrepreneurs can access accredited investors.
  • Angel/VC Investment Landscape Angels 48,000 Deals $22-$24B 2004 Investment In North America VCs 2,876 Deals $21B
  • The Traditional Funding Landscape – Where Angels & VC’s fit
    • HIGH
    • Level of
    • Investment Risk
    • Assumed by
    • Investor
    • Seed Start-Up Early Growth Established
    • Stage of Business
    • LOW
    Founder/Friends/ Family Government. Angels VC’s M&A/Equity Markets Commercial Banks
  • The Funding Landscape “After the Meltdown”
    • HIGH
    • Level of
    • Investment Risk
    • Assumed by
    • Investor
    • Seed Start-Up Early Growth Established
    • Stage of Business
    • LOW
    Founder/Friends/ Family Government. Angels VC’s (VC Ghost Town) M&A/Equity Markets Closed Commercial Banks More Risk Adverse The Funding Gap for Start-Up’s and Early-Growth Companies is widening
  • Impact on Entrepreneurs
    • Cash is king (cash-flow)
    • Must learn to bootstrap (do more with less)
    • Valuations will be less
    • Must be sure investors have deep enough pockets to get across the “funding gap”
    • Harder to get funded
  • Impact on Investors
    • Potential reduced investment capacity
    • Increased risk of dilution
    • Getting “stuck” with no exit
    • BUT – ANGELS ARE STILL INVESTING
  • Angels & VC’s Compared & Contrasted +1.5 million +++ $100,000 to $1.5 million (syndicating trend today in order to make larger investments) Funded Amounts Invest other people’s money (institutions) Invest their own money + mentoring Investment V/C’s Angels
  • Angels & VC’s Compared & Contrasted More than angels, need to make a minimum number of investments in a given year Less than VC’s – have luxury of being selective Number of Investments each year Operating history, experienced management team, can scale, sustainable competitive advantage Chemistry with management, detailed go-to-market strategy, rapid growth potential Key reasons to invest V/C’s Angels
  • Angels & VC’s Compared & Contrasted $5 million and above Less than $3 Million Post-money Valuations Less negotiable Somewhat negotiable Terms V/C’s Angels
  • Contact Me:
    • Thank You and Questions
    • Jim Noble, NOEG Regional Coordinator by
    • telephone at 1-705-377-7600, toll free 1-
    • 866-924-7600 or through our website at
    • www.noeg.ca .
    • Thank you.