Slide from Start it Up, Power it Up #3 Speaker: James Chan More Detail of the event: http://thumbsup.in.th/2013/01/start-it-up-power-it-up-3/

1. James Chan
Chief Hustler at Silicon Straits
So you want to raise seed
funding for your start-up?
Presentation at ThumbsUp Start it Up, Power it Up #3
16 Feb 2013

2. Silicon Straits is a tech venture foundry focused on Southeast Asia
Partner to the National Research Foundation, as 1 of 15
approved incubator managers under its S$50M Technology since May 2010
Incubation Scheme (TIS)
Invested between US$50K - US$500K in 24 early-stage tech since May 2010
startups; 11 in US, 11 in SG, 1 in HK & 1 in UK.
crowdsourced mobile social mobile gaming cross-platform opensource library of affordable 3D printer
fan-subbed networking studio & publisher mobile gaming SDK electronic modules, based on
video content snaps together with stereolithography
tiny magnets
Video chat built Social conference Holiday home Foodspotting meets
on top of Luxury & boutique
directory built on rental with Asia Instagram mobile app
Facebook hotel & resort OTA
top of Twitter Pacific inventory for foodies
Silicon Straits Pte Ltd (UEN: 201005970E)

3. Silicon Straits is setting up an early-stage investment network
for seed investments of S$600K per start-up.
Early Stage Investment Network
+
Call Option
S$100K S$500K
Convertible Note Convertible Note
Start-up
S$600K
Internet, mobile, hardware, media, consumer, business, all things tech
4 investments under negotiations, 11 others in pipeline
Silicon Straits Pte Ltd (UEN: 201005970E)

4. Silicon Straits is starting a co-working space in SG to accelerate
the convergence of ideas, capital and people.
Renovation should be complete by mid-April 2013.
Silicon Straits Pte Ltd (UEN: 201005970E)

5. You want to raise funding for your start-up, so does everyone else.
Have you and your team invested all you ve got, and bootstrapped the
idea as far as you can bring it?
Risk capital is not for everyone.
Silicon Straits Pte Ltd (UEN: 201005970E)

6. How much do you really need, now?
How much do you think you ll need to the point that things get really interesting?
How much of your company can you practically give away now?
Silicon Straits Pte Ltd (UEN: 201005970E)

7. Is your plan solid and believable?
Don t just sell the long term vision.
Be convincing on why you have a good chance at executing well in the near term.
Silicon Straits Pte Ltd (UEN: 201005970E)

8. Would prospective investors think of your team as kick-ass?
Get a reality check, get real.
This ain t a beauty pageant and most certainly ain t showbiz.
Silicon Straits Pte Ltd (UEN: 201005970E)

9. There s all sorts of investors out there;
Capital is cheap, talent is not.
Which type do you need? Which ones can you access?
Silicon Straits Pte Ltd (UEN: 201005970E)

10. Do you know your Term Sheets?
Valuation Redemption
Liquidation
Veto Rights
Preference
Participation Board Seats
Watch out for term sheets from Hell!
Silicon Straits Pte Ltd (UEN: 201005970E)

11. You re going to raise less and give away more of your company
than you d like.
Conserve cash and use it wisely.
Silicon Straits Pte Ltd (UEN: 201005970E)

12. It s going to take longer than you think.
Start early & make provisions for your cash flow needs.
Silicon Straits Pte Ltd (UEN: 201005970E)

13. Get help, you don t have to walk alone.
NB: I’m actually a Man Utd fan ;-)
Silicon Straits Pte Ltd (UEN: 201005970E)

14. Email: james@siliconstraits.com
Twitter: m0t0chan
Thank you!
Q&A + Discussion
Silicon Straits Pte Ltd (UEN: 201005970E)