0
How to fix it?
Crowd-funding and new funding models
Jouko Ahvenainen

May 11, 2010




                            Grow VC...
Grow VC - Everyone funding startups
When something doesn’t work

WE MUST ACT


3    www.growvc.com           Grow VC - Everyone funding startups
When people don’t like how
   something works…




                   Grow VC - Everyone funding startups
its all about enabling
…great things                  entrepreneurship
    can happen   and the freedom of innovation




...
Current Venture Capital market




                                 Grow VC - Everyone funding startups
Venture Capital model is over 50 years old…




                              Grow VC - Everyone funding startups
…and it’s going downhill




       Grow VC - Everyone funding startups
Market inefficiency


   VC market includes $540 Million in transaction fees (~3 %, NVCA, 2010)
   A few VC managers CAN...
enabling a more vibrant market
via peer-to-peer and crowd-funding
                         Grow VC - Everyone funding star...
Vision
The next Silicon Valley is not a location, it is a platform
              and community on the Internet
           ...
“;+)




                            Virtual Silicon Valley
Grow VC - Everyone funding startups
Mission
Provide the platform, service tool kit and partner network
                 for the virtual Silicon Valley

      ...
Grow VC - Everyone funding startups
global
 transparent
    open
collaborative
   efficient



                Grow VC - Everyone funding startups
Networked solutions =
new frameworks


 Kiva.org transactions well over $100 Million in 4 years
 Local Motors, Lego, NAS...
There will be much more models, because

IT IS NOT ONLY MONEY, BUT
PEOPLE AND PASSION
17   www.growvc.com                 ...
Co-op was for creating together
     Co-op will again be for creating more together




18   www.growvc.com              G...
Buying and owning




19   www.growvc.com      Grow VC - Everyone funding startups
You can take money investments
                                 and build with money




20   www.growvc.com             G...
Or you can take service investments
and build with people




   21   www.growvc.com                Grow VC - Everyone fun...
Crowd-funding

AND HOW TO DO IT


22   www.growvc.com   Grow VC - Everyone funding startups
23   www.growvc.com   Grow VC - Everyone funding startups
P2P and Crowd-funding
via Community Investments




                            Grow VC - Everyone funding startups
Match-making and negotiation tools
for private investments




                             Grow VC - Everyone funding sta...
Professional
service investments




                      Grow VC - Everyone funding startups
27   www.growvc.com   Grow VC - Everyone funding startups
28   www.growvc.com   Grow VC - Everyone funding startups
29   www.growvc.com   Grow VC - Everyone funding startups
30   www.growvc.com   Grow VC - Everyone funding startups
31   www.growvc.com   Grow VC - Everyone funding startups
Grow VC will provide
that networked solution


   Freemium - Subscription based
   NO transaction fees
   Efficient due...
Create a connected
global marketplace


   Transparent global market place
   Tools to find companies, make investments ...
Open



   Open API’s to develop applications and services
   Open to develop new funding and business models




      ...
It is not only money


   Help to build the team and other key contacts to start
   Ecosystem and community to find part...
more equal opportunities,
 enabling entrepreneurship
              and investors
and accelerating innovation




         ...
Trust Economy




                Grow VC - Everyone funding startups
It can work only if

IT CREATES VALUE


38     www.growvc.com   Grow VC - Everyone funding startups
Value to All Parties
                       Grow VC - Everyone funding startups
Start-ups


    Community to find right type of investors around the world
    Tools to manage the investment process
 ...
Investors


   A place to find early phase companies around the world
   Community peer-review indicators for interestin...
Experts


 Access to start-up companies and investors around the world
 Potential customers that need investment, legal,...
Excellent, but

WHAT NEXT?


43    www.growvc.com   Grow VC - Everyone funding startups
“You don’t have to be
   Steve Jobs, to be
    an entrepreneur”




    Grow VC - Everyone funding startups
”You don’t have to be
      Bill Gates to be
           an investor”




   Grow VC - Everyone funding startups
”Everyone must start
        somewhere”




      Grow VC - Everyone funding startups
When do YOU start...?



                  Grow Venture Community




                          Grow VC - Everyone funding...
Jouko Ahvenainen
jouko@growvc.com
Tel (UK): +44 7889 833 165
Tel (HK): +852 8120 7854
Tel (US): +1 415 287 0854
Skype: jah...
Upcoming SlideShare
Loading in...5
×

Future of funding & the virtual Silicon Valley

13,053

Published on

The Next10 Conference in Berlin took place on May 11th and 12th. The theme for the conference was Game Changers.

This is Jouko’s presentation from his workshop at the event. The presentation illustrates the fundamental problems in the funding market and our shared futures. Enjoy!

Published in: Economy & Finance
2 Comments
24 Likes
Statistics
Notes
No Downloads
Views
Total Views
13,053
On Slideshare
0
From Embeds
0
Number of Embeds
8
Actions
Shares
0
Downloads
404
Comments
2
Likes
24
Embeds 0
No embeds

No notes for slide

Transcript of "Future of funding & the virtual Silicon Valley"

  1. 1. How to fix it? Crowd-funding and new funding models Jouko Ahvenainen May 11, 2010 Grow VC - Everyone funding startups
  2. 2. Grow VC - Everyone funding startups
  3. 3. When something doesn’t work WE MUST ACT 3 www.growvc.com Grow VC - Everyone funding startups
  4. 4. When people don’t like how something works… Grow VC - Everyone funding startups
  5. 5. its all about enabling …great things entrepreneurship can happen and the freedom of innovation Grow VC - Everyone funding startups
  6. 6. Current Venture Capital market Grow VC - Everyone funding startups
  7. 7. Venture Capital model is over 50 years old… Grow VC - Everyone funding startups
  8. 8. …and it’s going downhill Grow VC - Everyone funding startups
  9. 9. Market inefficiency  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  poor deal flow  based on local/personal networks  lack of information and tools Grow VC - Everyone funding startups
  10. 10. enabling a more vibrant market via peer-to-peer and crowd-funding Grow VC - Everyone funding startups
  11. 11. Vision The next Silicon Valley is not a location, it is a platform and community on the Internet Grow VC - Everyone funding startups
  12. 12. “;+) Virtual Silicon Valley Grow VC - Everyone funding startups
  13. 13. Mission Provide the platform, service tool kit and partner network for the virtual Silicon Valley Grow VC - Everyone funding startups
  14. 14. Grow VC - Everyone funding startups
  15. 15. global transparent open collaborative efficient Grow VC - Everyone funding startups
  16. 16. Networked solutions = new frameworks  Kiva.org transactions well over $100 Million in 4 years  Local Motors, Lego, NASA, Linux, TxtEagle, Zopa Grow VC - Everyone funding startups
  17. 17. There will be much more models, because IT IS NOT ONLY MONEY, BUT PEOPLE AND PASSION 17 www.growvc.com Grow VC - Everyone funding startups
  18. 18. Co-op was for creating together Co-op will again be for creating more together 18 www.growvc.com Grow VC - Everyone funding startups
  19. 19. Buying and owning 19 www.growvc.com Grow VC - Everyone funding startups
  20. 20. You can take money investments and build with money 20 www.growvc.com Grow VC - Everyone funding startups
  21. 21. Or you can take service investments and build with people 21 www.growvc.com Grow VC - Everyone funding startups
  22. 22. Crowd-funding AND HOW TO DO IT 22 www.growvc.com Grow VC - Everyone funding startups
  23. 23. 23 www.growvc.com Grow VC - Everyone funding startups
  24. 24. P2P and Crowd-funding via Community Investments Grow VC - Everyone funding startups
  25. 25. Match-making and negotiation tools for private investments Grow VC - Everyone funding startups
  26. 26. Professional service investments Grow VC - Everyone funding startups
  27. 27. 27 www.growvc.com Grow VC - Everyone funding startups
  28. 28. 28 www.growvc.com Grow VC - Everyone funding startups
  29. 29. 29 www.growvc.com Grow VC - Everyone funding startups
  30. 30. 30 www.growvc.com Grow VC - Everyone funding startups
  31. 31. 31 www.growvc.com Grow VC - Everyone funding startups
  32. 32. Grow VC will provide that networked solution  Freemium - Subscription based  NO transaction fees  Efficient due diligence  Standard term sheets, including partners in process Grow VC - Everyone funding startups
  33. 33. Create a connected global marketplace  Transparent global market place  Tools to find companies, make investments and manage investments  Together – Crowd, Business Angels and Institutional Investors Grow VC - Everyone funding startups
  34. 34. Open  Open API’s to develop applications and services  Open to develop new funding and business models Grow VC - Everyone funding startups
  35. 35. It is not only money  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 Grow VC - Everyone funding startups
  36. 36. more equal opportunities, enabling entrepreneurship and investors and accelerating innovation Grow VC - Everyone funding startups
  37. 37. Trust Economy Grow VC - Everyone funding startups
  38. 38. It can work only if IT CREATES VALUE 38 www.growvc.com Grow VC - Everyone funding startups
  39. 39. Value to All Parties Grow VC - Everyone funding startups
  40. 40. 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 Grow VC - Everyone funding startups
  41. 41. 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 Grow VC - Everyone funding startups
  42. 42. 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 Grow VC - Everyone funding startups
  43. 43. Excellent, but WHAT NEXT? 43 www.growvc.com Grow VC - Everyone funding startups
  44. 44. “You don’t have to be Steve Jobs, to be an entrepreneur” Grow VC - Everyone funding startups
  45. 45. ”You don’t have to be Bill Gates to be an investor” Grow VC - Everyone funding startups
  46. 46. ”Everyone must start somewhere” Grow VC - Everyone funding startups
  47. 47. When do YOU start...? Grow Venture Community Grow VC - Everyone funding startups
  48. 48. Jouko Ahvenainen jouko@growvc.com Tel (UK): +44 7889 833 165 Tel (HK): +852 8120 7854 Tel (US): +1 415 287 0854 Skype: jahven - Twitter:@jahven www.growvc.com Twitter: @growvc Podcast: “Grow VC” in iTunes Grow VC - Everyone funding startups
  1. A particular slide catching your eye?

    Clipping is a handy way to collect important slides you want to go back to later.

×