Dare to startFinancing Mix Dr. ir. Wouter Haerick Ghent UniversityDepartment of Information Technology (INTEC)INTEC Broadb...
Dare to start – Financing MixMoney should not be the issue                                 2
Dare to start – Financing Mix                                3
Dare to start – Financing Mix                                4
Dare to start – Financing MixMoney, off course, is never just money.Money, of course, is never just money. Its always some...
Dare to start – Financing MixOutline for this session• Financing sources: debt versus equity• Venture Capital: The VC pers...
Dare to start – Financing MixThree ways to finance your startup:• Debt (vreemd vermogen)     Your company promises to make...
Dare to start – Financing Mix      Debt financing    Equity financing                                           8
Dare to start – Financing MixDebt financingDebt financing• Friends, fools, family (FFF)     • WinWinLoan (www.pmv.eu)• Ban...
Dare to start – Financing MixEquityfinancingEquity• Common stock    • Stock owned by the founders• Preferred stock     • S...
Dare to start – Financing Mix                    Debt versus Equity   Debt financing                                 Equit...
Dare to start – Financing MixFinancing depends on the stage of your company …                Guaranteed Loan      Pre-seed...
Dare to start – Financing MixPractical sources towards financing:                                         Agentschap onder...
Dare to start – Financing MixOutline for this session• Financing sources: debt versus equity• Venture Capital: The VC pers...
Upcoming SlideShare
Loading in …5
×

Debt & Equity - Wouter Haerick

796 views

Published on

Published in: Business
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
796
On SlideShare
0
From Embeds
0
Number of Embeds
64
Actions
Shares
0
Downloads
6
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

Debt & Equity - Wouter Haerick

  1. 1. Dare to startFinancing Mix Dr. ir. Wouter Haerick Ghent UniversityDepartment of Information Technology (INTEC)INTEC Broadband Communication Networks research group (IBCN)
  2. 2. Dare to start – Financing MixMoney should not be the issue 2
  3. 3. Dare to start – Financing Mix 3
  4. 4. Dare to start – Financing Mix 4
  5. 5. Dare to start – Financing MixMoney, off course, is never just money.Money, of course, is never just money. Its always something else,and its always something more, and it always has the last word.1948 – Paul Auster – Writer/Poet 5
  6. 6. Dare to start – Financing MixOutline for this session• Financing sources: debt versus equity• Venture Capital: The VC perspective Parterning with Venture Capitalists Alex Brabers – Executive VP at GIMV• Dos and don’ts in raising capital and how to manage reporting Jurgen Ingels – CFO & Founder at Clear2Pay 6
  7. 7. Dare to start – Financing MixThree ways to finance your startup:• Debt (vreemd vermogen) Your company promises to make fixed pay-back payments in the future When failing to do so, you lose control of your company …• Equity (eigen vermogen) Return depends on the cash flow left, after all debt payments• Sponsorship 7
  8. 8. Dare to start – Financing Mix Debt financing Equity financing 8
  9. 9. Dare to start – Financing MixDebt financingDebt financing• Friends, fools, family (FFF) • WinWinLoan (www.pmv.eu)• Bank • Guaranteed Loan (www.pmv.eu)• Bonds (obligaties)• Your suppliers (late outgoing payments)• Your customers!! (advance incoming payments)• Accounts receivable 9
  10. 10. Dare to start – Financing MixEquityfinancingEquity• Common stock • Stock owned by the founders• Preferred stock • Stock owned by the investors • Preferences: • A higher return • Paid first 10
  11. 11. Dare to start – Financing Mix Debt versus Equity Debt financing Equity financingHigh priority on cash flow Lowest priority on cash flowTax Deductible Less Tax DeductibleFixed duration Undetermined durationNo management control Management control Management expertise Hybrid financing 11
  12. 12. Dare to start – Financing MixFinancing depends on the stage of your company … Guaranteed Loan Pre-seed (convertable loans) Source: Kmeuhel (en.wikipedia.org/wiki/Seed_funding) 12
  13. 13. Dare to start – Financing MixPractical sources towards financing: Agentschap ondernemen Brochure Risicokapitaal Per VC fund an overview is given of : - minimal and maximum investments, - focus, region and preferred participation IWT Vlaanderen – www.iwt.be BAN Vlaanderen – www.ban.be Website of VC - e.g. GIMV.be Startup news Crowd funding - e.g. www.Kickstarter.com - e.g. Mymicroinvest.com http://www.chubbybrain.com/ http://techcrunch.com/ Google/Yahoo Look at the investors of sucessful startups Look at investors active in your target market Use your network 13
  14. 14. Dare to start – Financing MixOutline for this session• Financing sources: debt versus equity• Venture Capital: The VC perspective Parterning with Venture Capitalists Alex Brabers – Executive VP at GIMV• Dos and don’ts in raising capital and how to manage reporting Jurgen Ingels – CFO & Founder at Clear2Pay 14

×