Evolution of the Private Market - Atlantic Venture Forum - June 2013
Upcoming SlideShare
Loading in...5
×
 

Like this? Share it with your network

Share

Evolution of the Private Market - Atlantic Venture Forum - June 2013

on

  • 1,786 views

Slides for my keynote at the Atlantic Venture Forum.

Slides for my keynote at the Atlantic Venture Forum.

Statistics

Views

Total Views
1,786
Views on SlideShare
1,700
Embed Views
86

Actions

Likes
4
Downloads
24
Comments
0

2 Embeds 86

https://twitter.com 80
http://www.linkedin.com 6

Accessibility

Categories

Upload Details

Uploaded via as Adobe PDF

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

Evolution of the Private Market - Atlantic Venture Forum - June 2013 Presentation Transcript

  • 1. @paulsingh #avf2013PAUL SINGH@paulsingh・paul@dashboard.io・resultsjunkies.comTHE EVOLUTION OF THEPRIVATE MARKETTHE RISE OF THE ANGELS (AND THE ENTREPRENEURS)
  • 2. @paulsingh #avf2013500 STARTUPSPAUL SINGH@paulsingh・paul@dashboard.io・resultsjunkies.com
  • 3. @paulsingh #avf2013
  • 4. @paulsingh #avf2013EARLY STAGESTARTUPSHAVE CHANGED
  • 5. @paulsingh #avf2013STARTUP COSTSLOWER THAN EVERBUT SCALING STILL COSTS MONEYCLOUD, OPEN SOURCE AND ONLINE DISTRIBUTION DRIVING
  • 6. @paulsingh #avf2013WEB GETS BIGGER.WORLD GETS SMALLER.
  • 7. @paulsingh #avf2013TRACTION IS THE NEWINTELLECTUAL PROPERTYPLATFORMS (SEARCH, SOCIAL & MOBILE) PRIMARILY DRIVING THE CHANGE.NO LONGER “GOOD ENOUGH” TO DEPEND ON TECH DIFFERENTIATION.
  • 8. @paulsingh #avf2013CAPITALINCREASINGLYCOMMODITIZEDRISE OF THE ANGELS, YO!
  • 9. @paulsingh #avf2013NEW REALITY:MONEY FOLLOWSFOUNDERSRISE OF THE ENTREPRENEURS, YO!
  • 10. @paulsingh #avf2013SIGNALS AREEVERYWHEREBIG DATA + OPEN SOURCE ANALYTICS = NEW TECHNIQUES FOR VC
  • 11. @paulsingh #avf2013SIGNALS AREEVERYWHEREBIG DATA + OPEN SOURCE ANALYTICS = NEW TECHNIQUES FOR VC
  • 12. @paulsingh #avf2013TRANSPARENCY ISSIGNALS AREEVERYWHEREBIG DATA + OPEN SOURCE ANALYTICS = NEW TECHNIQUES FOR VC
  • 13. @paulsingh #avf2013WALL STREETBEAT US TO IT
  • 14. @paulsingh #avf2013
  • 15. @paulsingh #avf2013UBS PROPRIETARYSATELLITE PARKING LOTFILL RATE ANALYSISPOINTS TO ANINTERESTING CADENCEINTRA-QUARTER ANDPOTENTIAL UPSIDE TOOUR VIEW.“
  • 16. @paulsingh #avf2013
  • 17. @paulsingh #avf2013TWICE A WEEK A SMALLHELICOPTER CIRCLESOVER CUSHING’S TANKFARMS ON AN OILINDUSTRY SPYINGMISSION.“
  • 18. @paulsingh #avf2013WALL STREETISN’T ALONETHESE TECHNIQUES ALREADY USED TO UNDERWRITE IN-VITROFERTILIZATION LENDING, PAYDAY LOANS, SUBPRIME AUTOLENDING, HOME/PERSONAL/AUTO INSURANCE AND MORE.
  • 19. @paulsingh #avf2013WE CAN DO IT, TOOSURPRISE!IT TURNS OUT,
  • 20. @paulsingh #avf2013+ “GUT” + TRUSTED MENTORS + MUCH, MUCH MORE DATA.
  • 21. @paulsingh #avf2013WE CAN DO IT, TOO.
  • 22. @paulsingh #avf2013WE CAN DO IT, TOO.
  • 23. @paulsingh #avf2013WE’RE DOING IT, TOO.
  • 24. @paulsingh #avf2013
  • 25. @paulsingh #avf2013VENTURE CAPITAL ISOPEN TO ATTACK BYDISRUPTIVE NEWBUSINESS MODELS ANDTECHNOLOGY.“-- NAVAL RAVIKANT (@naval)
  • 26. @paulsingh #avf2013EARLY STAGE VCIS CHANGINGHAS CHANGED
  • 27. @paulsingh #avf2013STATE OF THE ART IN EARLYSTAGE INVESTING IS NOTVERY SOPHISTICATED
  • 28. @paulsingh #avf2013UNBUNDLING OFADVICE, CONTROLAND MONEY
  • 29. @paulsingh #avf2013USED TO BE ABOUTCAPITAL, DEALFLOWAND JUDGEMENTTODAY, IT’S ABOUT ACCESS.
  • 30. @paulsingh #avf2013
  • 31. @paulsingh #avf2013(500) CHECKLISTProduct solves a problem for a specific target customerCapital-efficient businesses - operational @ <$1M fundingPrimarily internet-based distribution - search, social, mobile, localSimple revenue models - transactions, subscriptions or affiliateFunctional prototype before investment (or previous success)Small but measurable usage - some customers, early revenueSmall but cross-functional team - engineer, design/UX, marketing
  • 32. @paulsingh #avf2013(NEW) FINANCINGS
  • 33. @paulsingh #avf2013(NEW) FINANCINGSStandardized terms
  • 34. @paulsingh #avf2013(NEW) FINANCINGSStandardized termsNo fixed amounts, no closings, no leads
  • 35. @paulsingh #avf2013(NEW) FINANCINGSStandardized termsNo fixed amounts, no closings, no leadsContinuous, not discrete rounds
  • 36. @paulsingh #avf2013(NEW) FINANCINGSStandardized termsNo fixed amounts, no closings, no leadsContinuous, not discrete roundsPrices beginning to float
  • 37. @paulsingh #avf2013(NEW) FINANCINGSStandardized termsNo fixed amounts, no closings, no leadsContinuous, not discrete roundsPrices beginning to floatNo Board seats at the earliest stage
  • 38. @paulsingh #avf2013(NEW) FINANCINGSStandardized termsNo fixed amounts, no closings, no leadsContinuous, not discrete roundsPrices beginning to floatNo Board seats at the earliest stageHerd mentality and oversubscriptions
  • 39. @paulsingh #avf2013BY ITS NATURE, THEINTERNET UNDERMINESANYONE WHOSE STATUSDEPENDS ONPRIVILEGED ACCESS TOINFORMATION.“-- MICHAEL LEWIS
  • 40. @paulsingh #avf2013THE PRIVATE MARKET ISBECOMING MOREACCESSIBLE.
  • 41. @paulsingh #avf2013THE PRIVATE MARKET ISBECOMING MORETRANSPARENT.
  • 42. @paulsingh #avf2013Demo DayVideos ⟹ livestream.com/500startupsSample Pitch Decks ⟹ slideshare.net/500startupsVenture Capital 101 ⟹ venturehacks.com/archivesInvestor Thoughts:Brad Feld ⟹ feld.comFred Wilson ⟹ avc.comChris Dixon ⟹ cdixon.orgMark Suster ⟹ bothsidesofthetable.comangel.co/valuations and angel.co/salaries
  • 43. @paulsingh #avf2013THE PRIVATE MARKET ISBECOMING MORE EFFICIENT.
  • 44. @paulsingh #avf2013THE PRIVATE MARKET ISBECOMING MORE EFFICIENT.AND, SOON, MORE LIQUID.
  • 45. @paulsingh #avf2013YOUR KEY TAKEAWAYS
  • 46. @paulsingh #avf2013YOUR KEY TAKEAWAYSFocus on Traction.
  • 47. @paulsingh #avf2013YOUR KEY TAKEAWAYSFocus on Traction.Learn to Communicate and Inspire.
  • 48. @paulsingh #avf2013ALSO...
  • 49. @paulsingh #avf2013ALSO...Distribution > Product
  • 50. @paulsingh #avf2013ALSO...Distribution > ProductTactics > Strategy
  • 51. @paulsingh #avf2013ALSO...Distribution > ProductTactics > StrategyNotability > Credibility
  • 52. @paulsingh #avf2013ALSO...Distribution > ProductTactics > StrategyNotability > CredibilityGet on AngelList
  • 53. @paulsingh #avf2013ALSO...Distribution > ProductTactics > StrategyNotability > CredibilityGet on AngelListRaise 12-18+ months of funding
  • 54. @paulsingh #avf2013ALSO...Distribution > ProductTactics > StrategyNotability > CredibilityGet on AngelListRaise 12-18+ months of fundingLearn the basics of VC economics
  • 55. @paulsingh #avf2013ALSO...Distribution > ProductTactics > StrategyNotability > CredibilityGet on AngelListRaise 12-18+ months of fundingLearn the basics of VC economicsNo. More. Grinfucking.
  • 56. @paulsingh #avf2013ALSO...Distribution > ProductTactics > StrategyNotability > CredibilityGet on AngelListRaise 12-18+ months of fundingLearn the basics of VC economicsNo. More. Grinfucking.Shameless plug: dashboard.io
  • 57. @paulsingh #avf2013@paulsingh・paul@dashboard.io・resultsjunkies.comTHE EVOLUTION OF THEPRIVATE MARKETTHE RISE OF THE ANGELS (AND THE ENTREPRENEURS)LEARN MORE:events.dashboard.io/avf2013