STOCKHOLM TUESDAYS 4.0!
#uLabsTuesday
@shelgesson
@creandum
Copyright CREANDUM 2013
THIS IS CREANDUM
CREANDUM’s investment focus is made up by four key principles
> Create early stage
diversified technology
portfolio
> Make...
Some CREANDUM investments
ENTREPRENEURIAL ECOSYSTEMS
The Dinosaur Problem
The Official Solution – More R&D
Todays Nordic Winners
Tomorrows NEW companies come
out of today’s OLD/EXISTING
companies,
not
Academia and Public
R&D Investment Companies
“	

”...
The Ecosystem is the solution
Service
providers
Community
Limited
Partners
VC’s &
Angels
Incubators/
Accelerators
Entrepre...
Largest issues
Limited
Partners
Tax, Legal
& Public
Framework
Enterprises
NORDIC COMPANY BUILDING
Nordic technology firms represent significant portion of global
BUSD exits…
Source: NVCA, EVCA, Thompson, Dow Jones, Crean...
Source: Creandum
SendIt
10 MEUR 50 MEUR
>100
MEUR
>250
MEUR
>500
MEUR
Exit Value
Revenue
Median Exit Value: 242 MEUR
Avera...
THANK YOU!
#UlabsVentures
@shelgesson
@creandum
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Nordic Entrepreneurial Ecosystems by Venture Capitalist Staffan Helgesson, Partner at Creandum

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Nordic Entrepreneurial Ecosystems by Venture Capitalist Staffan Helgesson, Partner at Creandum

Nordic Entrepreneurial Ecosystems by Venture Capitalist Staffan Helgesson, Partner at Creandum

  1. 1. STOCKHOLM TUESDAYS 4.0! #uLabsTuesday @shelgesson @creandum Copyright CREANDUM 2013
  2. 2. THIS IS CREANDUM
  3. 3. CREANDUM’s investment focus is made up by four key principles > Create early stage diversified technology portfolio > Make sure of homerun potential > Be the first institutional investor > Nordic focus and opportunistic elsewhere To be the leading technology venture capital fund in Europe measured by reputation and returns “ ”
  4. 4. Some CREANDUM investments
  5. 5. ENTREPRENEURIAL ECOSYSTEMS
  6. 6. The Dinosaur Problem
  7. 7. The Official Solution – More R&D
  8. 8. Todays Nordic Winners
  9. 9. Tomorrows NEW companies come out of today’s OLD/EXISTING companies, not Academia and Public R&D Investment Companies “ ”
  10. 10. The Ecosystem is the solution Service providers Community Limited Partners VC’s & Angels Incubators/ Accelerators Entrepreneurs Tax, Legal & Public Framework Enterprises Universities
  11. 11. Largest issues Limited Partners Tax, Legal & Public Framework Enterprises
  12. 12. NORDIC COMPANY BUILDING
  13. 13. Nordic technology firms represent significant portion of global BUSD exits… Source: NVCA, EVCA, Thompson, Dow Jones, Creandum, Balderton •  Nordic companies represented 7.5% of all global billion dollar technology exits •  In terms of M&A exit value, the Nordics represented ~18% vs the US during ‘06-’08 but only 5% of active VC firms and likely 1-2% of capital under mgmt IPO: 6.7 BUSD M&A: 2.75 BUSD IPO: 1 BUSD M&A: 1 BUSD Facebook Alibaba Groupon Yandex MetroPCS LinkedIn Q-Cells REC Renren FocusMedia Zynga QQ(Tencent) Iliad GiantInteractive Qihoo360Tech Baidu PerfectWorldCo LDKSolar PaloAltoNetworks IndiaBulls Youku.com Splunk Suntech Shanda TeleAtlas Pandora Skype Tom-Tom CTCMedia Betfair A123 Omniture Fusion.io YouTube Dangdang Infinera FirstSolar MoneySupermarket EqualLogic Yingli Kayak Nicira Sunpower Zappos Yammer RackspaceHosting Netsuite Ocado Fortinet Endeca Instagram MySQL Qliktech Riverbed 100 1 000 10 000 100 000 Exit Value (MUSD) BUSD Technology Exits 2005-2012 (ytd) Nordic (4) Rest of Europe (7) US (26) China (14) Others (3)
  14. 14. Source: Creandum SendIt 10 MEUR 50 MEUR >100 MEUR >250 MEUR >500 MEUR Exit Value Revenue Median Exit Value: 242 MEUR Average Exit Value: 483 MEUR 42 tech exits >100 MEUR past 10 years
  15. 15. THANK YOU! #UlabsVentures @shelgesson @creandum

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