Your SlideShare is downloading. ×
Intro To Vc Ch Low
Upcoming SlideShare
Loading in...5
×

Thanks for flagging this SlideShare!

Oops! An error has occurred.

×
Saving this for later? Get the SlideShare app to save on your phone or tablet. Read anywhere, anytime – even offline.
Text the download link to your phone
Standard text messaging rates apply

Intro To Vc Ch Low

513

Published on

Published in: Economy & Finance, Business
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total Views
513
On Slideshare
0
From Embeds
0
Number of Embeds
0
Actions
Shares
0
Downloads
5
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. Chin-Hin Low phiLabs Inc./SR Capital Holdings Inc. Jan 30, 2010
  • 2. Funding Cycle
    • Friends & Family/Seed Funding
    • Angel Funding
      • Required Returns 20X
    • Series A, B, C... (traditional VC)
      • Required Returns - At least 25% IRR
    • IPO/Sellout
  • 3. What VC look for (the elevator speech)
    • Strategic
      • Large Market
      • Customer NEED it not Customer Want it.
      • Competition
      • Technology
    • Business Drivers/Metrics
      • Operational and Financial Numbers e.g. Subscribers, ARPU, unique visitors, CPM, conversion rates
      • What are the things that will drive the Metrics?
  • 4. Case Study – Dating Site
    • Strategic Analysis
      • Large market, lots of lonely single people
      • Love/sex/dating is a human necessity but online dating has plus and minuses
      • Many competitors
      • Technology - Is the algorithm a good matchmaker?
    • Metrics
      • Unique visitors, visitors-to-member conversion, member-to-subscriber conversion, Annual ARPU, churn rate
    • Business Drivers
      • # of matches, # of marriages, photos, attractive people, % of paid female customers, % of active female members
      • Customer acquisition cost.
  • 5. Other Details
    • Valuation – IRR, Price/Sales, Price/Subscriber, Price/Ebitda (Cashflow)
    • Management
  • 6. phiLabs Inc.
    • We are NOT a venture capital but we also behave like one
    • We are an incubator
    • We are experienced entreprenuers and investors.
    • We have technology background
  • 7. Who
    • Jay Singson
      • Wharton, Lehman NY, COO Del Monte, startup/ownership in media, finance, services, internet, real estate
    • Eric Ramirez
      • Stanford Uni. Indus Eng, Lippo Group Indonesia, Walden Ayala, start-up/ownership companies in media, finance, services, internet
    • Terence Pua
      • U of Penn Elec Eng, justqoutes.com, pusit.com, eskwella.com. Xackup.com,. Insynchq,com, Friendster country manager
    • Chin Hin Low
      • U Penn Elec Eng, Msc Finance MIT, 16 years global investing, GIC Singapore, Nuffnang Philippines
    • Jerome Uy
      • Ateneo, Harvard, Bain & Co, Xurpass.
  • 8. φ Labs Incubator Program
    • End Feb – Launch
      • application must be submitted a week before Cook-off
      • [email_address]
    • 1 st Week April – Cook Off
      • P200K seed funding, 20sqm office at DOST-PEZA
      • 3-4 months to make a product
      • Weekly consult with Panel of Advisors
      • Biweekly discussions with successful technoprenuers
    • August 2010 – Product Demo
      • Additional P1.5 million funding
      • Introduce customers, organise company
  • 9.  

×