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40 hack fwd noah sf 2012


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Presentation given at NOAH Conference San Francisco on June 26 2012

Presentation given at NOAH Conference San Francisco on June 26 2012

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  • 1. Introduction toHackFwdLars Hinrichs, Founder & CEO, HackFwd@larshinrichsfb:
  • 2. About HackFwdWe support and invest inEurope’s most passionategeeks. Our start-up andsupport process acceleratesthe route to beta, profitability,and success. Founder & CEO HackFwd Board Founded by Lars Hinrichs, HackFwd is a pan-European pre-seed investment Marco Börries Michael Jackson Stefan Richter JP Schmetz Roman Stanek company. Our board includes Europe’s top serial entrepreneurs, We have currently invested in technology leaders and investors with a global 15 startups across Europe. The influence. company is run from Hamburg with team in Hamburg, Paris and London. 2
  • 3. HackFwd: Further Further internal externalProcess & ecosystem funding fundingHackFwd’s process istransparent, efficient andleverages our connections. 12 months, 4 events: 16 days of mentoring, Extensive connections & BizDev 365 days p.a. Application app Pitch In Berlin Board opinion Transparent offer Pitch P2G Decision direct in 72 hrs Virtual 35 Referrers team meeting Best geeks! Coding test 3
  • 4. European startup HackFwd tackles these challenges: • Major US hits all founded by coders,culture Europe thinks we need MBAsWe are leading a change of • More conservative venture culture in Europe leads to investing inculture in European copycats: no real innovationinvestments and startups to • Early-stage risk not understood incompete globally. Europe Founders Venture culture Startup culture End result Proven Effective MBA-lead models innovation startups only needed It is easier to Produces Early teach a geek Geek-lead fast-moving, investing business than startups other way funded popular around. startups 4
  • 5. Support, expertiseand great networkWe support our startups with A = Alumni C = Core team Graduated Ongoing help withpractical help, network of startups. key business activities andconnections and cumulative operations.expertise. R = Network of Referrers Europe’s top experts in tech, startups, industries. Across Europe. n=R+AGame-changing companies = ∑x =x i m + xm+1 + xm+2 + ... + xn + C + B i=m i = iterations x = Our Geeks B = Our Board Intensive mentoring during Top talent, latest Combined 100 years of the runway of 12 months. technologies. industry experience.
  • 6. Investment HackFwd takes 27% equity andapproach invests from 91K–191K euros per company. This is planned to lastOur model is fixed, and for that for 12 months, during which thereason also transparent and company launches their producteasy to understand and and shapes their business 6
  • 7. •Inter-device sharing •Social address •3D scifi browser •TV and film •Social network•Interest from OEMs book game recommendations analysis in telcoms, auto •100,000 users •Official Adobe •Web, mobile, Smart •Only solution for•Early stage •Early stage Flash 11 launch case TV apps Google+•1 person •2 people •Bridge funding •Early stage •Early stage• Germany •Latvia •5 people •4 people •1 person •Austria •Poland •Germany•Shopping discovery •Infrographics made •3D mobile games •Social browser •Social photo platform easy •2000,000 games albums• Raised $3.3M • Only tool of kind, downloads •60,000 players •X00K photos convertible note launch soon •Early stage •Bridge funding indexed•Follow-on funding •Early stage •4 people •6 people •Early stage•16 people •2 people •Lithuania •3 people•United Kingdom •Latvia•Innovative design •Video bookmarking •Website •Intelligent task •Meeting app tools app monetizations manager •Learning•Pitch in Berlin •10M social video •40m clicks •50,000 users experience winner bookmarks processed weekly •Follow-on funding •Failed•Early stage •Early stage •Follow-on funding •3 people •1 person•3 people •2 people •7 people
  • 8. Build Events in BerlinQuarterly events held in Berlinattract the top brains in Techand Venture Capital, and growour network. 8
  • 9. Thank you.
  • 10. NOAH Advisors - Europe’s Leading Internet Corporate Finance Boutique Selected Completed NOAH Transactions May 2012 April 2012 Unique Industry Know-How Core Investment Banking Competence Sale of a 100%-stake in 100% focused on Internet companies, covering  The NOAH team has 25+ years of media 150 million growth equity investment from over 25 sub-verticals in this highly complex investment banking experience industry - Routine execution of M&A and financing for a 50% stake alongside Fotolia’s Founders and to - 15+ years active coverage of leading European transactions with sizes of several billion euros Internet companies and investors  The team has been working together closely for 7 Additional $150 million senior debt financing Total $300 million investment Deep understanding of industry dynamics and years (including 6 years at Lehman Brothers) Financial Advisor to Fotolia and its Shareholders Financial Advisor to Toprural and its Shareholders thinking of industry leaders  8 successfully completed NOAH Advisors Ability to add value beyond banking advice transactions underline successful transfer of - Facilitates overall process and minimizes competencies to the Internet sector November 2011 July 2011 management distraction Sale of a majority stake in Sale of a majority stake in Unmatched Network and Relationships Full Commitment - We Are Entrepreneurs! NOAH Advisors is globally very well connected  The NOAH team are entrepreneurs and focused to to and has direct access to virtually all key players in on growing the business and establishing a Quants Financial Services AG the industry reputation for excellence Exclusive Financial Advisor to - Knowledge of and strong relationships with  Full commitment to deliver top quality results in grupfoni and its Shareholders Advisor to EnGrande potential buyers’ key decision makers short time frames - Coverage of over 500 companies and 4,000  Highly success-based compensation structures individuals align interests of clients and NOAH Advisors, and April 2011 April 2011 - Proactively finds and unlocks attractive demonstrate conviction to deliver top results Sale of a majority stake in investment opportunities for leading have acquired a majority stake in investors (e.g. Bigpoint) Annual NOAH Conference to for $350m from The NOAH Advisors Core Team Exclusive Advisor to Advisor to Yatego Summit Partners and TA Associates Marco Yoram Jan Rodzynek Wijngaarde Brandes December 2009 April 2009 Managing Director Director Director Partial sale of $80m partial sale of and Founder to toContact Details Contact Details Contact Details Valuing Softonic at € Advisor to Softonic Advisor to FotoliaUK Mobile: +44 77 85 330 330 UK Mobile: +44 79 17 084 784 German Mobile: +49 174 2010 984Swiss Mobile: + 41 79958 1512
  • 11. Introduction to the NOAH Conference Overview of the NOAH Conference 2011 The NOAH Conference is an annual Internet event taking place once a Summary Overview Conference Program year in London, focused on top management from Internet start-ups to global media companies as well as senior investment professionals  NOAH ‘11 took place on 9-10 November 2011 at Old NOAH’s goal is to create a marketplace for the European Internet eco- Billingsgate in London system to discuss key trends, generate business and facilitate  Fantastic line-up of 90 speakers from 20 countries in keynotes, investment transactions presentations and panels over 2 full days Over the past 3 years numerous high-profile speakers presented at  1,150 attendees from 35 countries – 57% from Internet NOAH, including over 100 CEOs companies, 26% from investors, 15% from corporates (media The NOAH Conference was founded in 2009 by Marco Rodzynek and is companies, advisors, PR and recruiting) and 2% press organised by the NOAH Advisors team with sponsorship from some of representatives from leading on- and offline publications the world’s leading financial investors  NOAH party with additional guests from London and a great live band on the evening of the first day NOAH ‘12 on 6-7 November – Save the Date  Extremely positive feedback from numerous attendees, on twitter and in the press The conference will again take place at Old Billingsgate in London Registration will open in early 2012 Selected Conference Impressions For updates, please check: Event Sponsors Strategic Sponsors