SlideShare a Scribd company logo
1 of 59
Download to read offline
 
 
CONTENTS 
 
I. Time for the Planet - Our reason for being 5 
1st action: Create companies that bring together inventors, entrepreneurs and
                   
investors. 5 
2nd action: Make all innovations open source 6 
3rd action: Money is power 6 
4th action: Reinvesting all profits and creating a new indicator - the PRR (Planet Rate
                             
of Return) 6 
II. Concept and Roadmap 8 
Creation of a partnership limited by shares 8 
Communication to the general public 8 
Beta-testing and public offering 8 
“Industrial” launch of companies created 8 
Global impact 8 
Management and exits 8 
Exits and reinvestment 8 
Spin-offs and Time for the Planet’s possible dissolution 9 
2.1. The Time for the Planet Concept 9 
Financial aspect 9 
Inventions/inventors 9 
Entrepreneurs 10 
2.2. Road Map 11 
Step 1: Proof 12 
Step 2: 1st semester 2020: Creation of a partnership limited by shares 12 
Step 4: 2021: Beta-testing and public offering 13 
Step 5: 2022: 14 
Step 6: 2023-2025: Global impact 14 
Step 7: 2025-2031: Management and exits 14 
Step 8: 2031: Exits and reinvestment 15 
Step9: Spin-offs and Time for the Planet’s possible dissolution 15 
III. Key Monitoring Indicators 16 
3.1. Impact monitoring using the Net Zero Initiative framework 16 
3.2 PRR performance monitoring: Planet Rate of Return 18 
3.2.1 The CO2 equivalent ton 18 
3.2.2 Investment 18 
3.2.3 Term 18 
Investment Brief for the Planet / Draft - Time for the Planet  1 
 
3.2.4 Planet rate of return 18 
Calculate your impact as a Time for the Planet shareholder 19 
3.3 Financial performance - Internal Rate of Return (IRR) 20 
3.3.1 Dividend distribution policy 20 
3.3.2 Reselling shares 20 
3.2.3 Internal rate of return (IRR) 20 
3.3.3 Risk of loss of invested capital 20 
IV. Time for the Planet’s investment vision 21 
4.1. Criteria 21 
4.2. Scope of action 21 
4.3. Deal flow 22 
4.4. Objectives 23 
Reduction or capture of GHGs 23 
Profitability 23 
V. Time for the Planet supports its subsidiaries 24 
5.1. Time for the Planet: Startup Studio? An investment fund? An incubator? 24 
5.2. Open source: the secret weapon for saving the planet 24 
5.2.1. Sharing technology to accelerate solving problems globally 24 
5.2.2. Open source and free licenses: rights and responsibilities 25 
5.2.3 Open-source economic models 25 
5.3. Advantages of Time for the Planet as majority shareholder 26 
Faster and less costly results 26 
Paradigm shift 26 
Raising funds: we take care of everything 26 
Networking 27 
Visibility and credibility 27 
5.4. Methodology 28 
Choosing the scientific problem 28 
Finding the scientific solution’s competitive advantage 28 
Recruiting the subsidiary’s initial team 28 
Testing the market opportunity 28 
Creating the subsidiary’s Supervisory Board 28 
Creation of the company, MVP design, and seed funding 28 
Open-source strategy and progressive investments for the company’s
               
development 28 
Exit from subsidiaries 28 
 
   
Investment Brief for the Planet / Draft - Time for the Planet  2 
 
VI. Legal structure and governance 38 
A mission-led company: one of the first in France. 38 
6.1 Our initial legal form: 38 
6.2 Our current legal form: Partnership Limited by Shares 38 
6.2.1. General Partner(s): 38 
6.2.2 Limited partners or shareholders: 39 
6.2.3 Management 39 
6.2.4 Supervisory Board 39 
6.2.5 Corporate governance framework 40 
6.2.6 Share capital and valuation 41 
6.2.7 Sale and purchase of shares 41 
6.3 Public offering of financial securities/French Financial Markets Authority (AMF) 41 
6.4 Our legal counsel 42 
6.5 Investments in subsidiaries 42 
6.5.1 The selection and validation process 42 
Preselection through collective intelligence 42 
Scientific Committee Validation 42 
Potential market validation 43 
Final and ethical validation 44 
6.5.2 Requests for re-investment 44 
6.6 Companies in difficulty and ceasing to trade 45 
VII. Our Charter 46 
7.1 Our assessment: the absolute urgency of the environmental crisis 46 
7.2 The Power of Entrepreneurship 46 
7.3 Not for Profit 46 
7.4 Creating and financing ambitious companies 46 
7.5 Open Source 47 
7.6 Collective Intelligence 47 
7.7 Mindfulness 47 
7.8 Transparency 47 
7.9 Ethics 47 
VIII. The Team 48 
8.1 The Current Team 48 
8.1.1 The founders C 48 
8.1. 2 Time for the Planet’s teams 57 
8.2 The teams in 5 years 58 
Conclusion 59 
   
Investment Brief for the Planet / Draft - Time for the Planet  3 
 
 
I. Time for the Planet - Our reason for being  
 
Life on Earth is in danger. . 
 
Our lifestyle and global economy will not survive the impending disasters caused
                       
by climate change. A rise of 3°C in the world’s temperature is not bearable. It
                             
would be disastrous: billions of climate refugees, the destruction of major coastal
                       
cities, wars for water, unpredictable epidemics, diminishing arable land for a
                     
growing population and economic crises due to insufficient energy resources
                   
(given oil is increasingly difficult to produce and there is no real alternative to
                           
carbon-based energy).  
 
We are the last generation that can act against climate change. Later will be
                           
too late. 
 
To survive, humanity will need to focus its efforts and resources on the issue of
                             
climate change. 
 
 
Time for the Planet has a plan: 
 
1st action: Create companies that bring together
             
inventors, entrepreneurs and investors. 
 
We believe in human ingenuity. We know that, around the world, scientists and
                         
inventors are developing solutions that can stop climate change.  
 
Those inventions must be developed for business use and global markets as
                       
quickly as possible. 
 
Inventors need to be linked with seasoned entrepreneurs and they need
                     
investment.  
 
That’s where Time for Planet comes in. 
 
But there’s more. 
 
Investment Brief for the Planet / Draft - Time for the Planet  4 
 
 
 
2nd action: Make all innovations open source 
 
Creating companies to develop inventions is not enough. The risks are too high
                         
and growth will be too slow. What’s more, if findings are kept secret, worldwide
                           
impact will take too long. 
 
All of Time for the Planet’s discoveries will be open source. 
 
The aim is to use human ingenuity to copy, improve and distribute inventions
                         
that are crucial for the survival of humanity as quickly as possible. 
 
We are entering an era of global cooperation. 
 
 
“Research is now community driven -
           
Galileo worked alone.” 
 
Jean Jouzel, climatologist and Nobel Peace
           
prize-winner with the IPCC in 2007, 
 
Time for the Planet Member 
 
 
 
3rd action: Money is power 
 
Time’s up! We have to act very, very quickly. That’s why substantial amounts must
                           
be invested - and fast. On average, a round of funding takes nine months, during
                             
which the company slows R&D and sales efforts. 
 
We want rapid funding for successful companies. We do not want the founders to
                           
spend months making sales pitches to dozens of investment funds.  
 
4th action: Reinvesting all profits and creating a new
                 
indicator - the PRR (Planet Rate of Return) 
 
Investment Brief for the Planet / Draft - Time for the Planet  5 
 
Companies created by Time for the Planet will need to address both an
                         
environmental issue and be profitable. Companies that generate profit will pay a
                       
portion to Time for the Planet. 
 
We reinvest 100% of the surplus and create new companies so Time for the
                           
Planet can multiply its impact. 
 
Consequently, steering Time for the Planet cannot be based on a traditional
                       
internal rate of return. We have created a new indicator: The PRR (the Planet Rate
                             
of Return). 
 
 
 
 
   
Investment Brief for the Planet / Draft - Time for the Planet  6 
 
 
II. Concept and Roadmap 
 
Building Time for the Planet will be a succession of iterations.  
 
The vision of what we hope to accomplish is presented below. The steps will change
                             
over time. 
 
In section 2.1, we will present our concept and demonstrate Time for the Planet’s
                           
potential. Then in section 2.2, we’ll present our roadmap.  
 
 
 
 
Proof of Concept 
 
Creation of a partnership limited by shares 
 
Communication to the general public 
 
Beta-testing and public offering  
 
“Industrial” launch of companies created 
 
Global impact 
 
Management and exits 
 
Exits and reinvestment 
 
Spin-offs and Time for the Planet’s possible
             
dissolution 
 
 
Investment Brief for the Planet / Draft - Time for the Planet  7 
 
  
2.1. The Time for the Planet Concept 
 
Time for the Planet has three building blocks: 
1. an inventor who has uncovered a solution to a major environmental problem;  
2. a team of confirmed entrepreneurs to roll out this invention globally; and 
3. money to finance the company’s rapid development. 
 
We will implement our concept in the following manner to demonstrate goal
                       
achievement: 
 
 
a) Financial aspect 
 
Demonstrate that citizens, entrepreneurs, investors and others who can buy shares are
                       
ready to invest in Time for the Planet in order to save the planet. For starters, we must
                                   
raise at least €3 to €5 million to prove that: 
● People from all walks of life want to fight global warming on a large scale. 
● Some of these individuals are prepared to use their own money for more than
                           
just financial gain. 
● Time for the Planet can become huge. 
● The community of citizens who invest can unite with financial backers who are
                         
also concerned by the systemic risk of climate change. 
 
 
b) Inventions/inventors 
 
Once the first sums have been raised, we will be able to invest and create the first one
                                   
to three companies. Time for the Planet already has priorities for action: cement-free
                         
construction, carbon capture, and DNA digital data storage. These priorities will evolve
                       
as new opportunities arise. Many inventors have already contacted us with very
                       
interesting projects. 
 
Each company will receive start-up funds ranging from €500k to €1.5 million for a
                           
prototype, a first sale or a contract negotiation. 
 
   
Investment Brief for the Planet / Draft - Time for the Planet  8 
 
 
Inventors trust us because: 
● We invest financially in their invention. 
● With Time for the Planet, their invention is global. They help radically change the
                           
world and save the planet. 
● We guarantee that private interests will not take ownership of their idea. With
                         
open source, their invention will endure rather than being buried for specifically
                       
financial reasons. 
● We find the best entrepreneurs to develop their invention’s full potential. 
● We pay them from the outset so they can devote themselves to their passion. 
● They can take over the company when Time for the Planet exits through capital
                           
reduction. 
 
c) Entrepreneurs 
 
The Time for the Planet model for business creation is different than traditional
                         
business practice: 
 
● Time for the Planet is the majority shareholder. 
 
● In return, entrepreneurs: 
○ Receive remuneration from the start: 
○ Receive hassle-free start-up funding; 
○ Become the company owners when Time for the Planet exits. 
 
We will build our teams of entrepreneurs using a ratio of one to two entrepreneurs per
                               
inventor.  
 
 
Investment Brief for the Planet / Draft - Time for the Planet  9 
 
2.2. Road Map
Investment Brief for the Planet / Draft - Time for the Planet 10
Step 1:
   
Proof  
 
Objective 1. Convince early adopters to join Time for the Planet 
2. Test two of our primary communication methods: conferences and
                   
social media. Raise funds using these two channels. 
3. Build the Development Committee (Board) 
4. Convince experienced entrepreneurs to join us and fund Time for the
                       
Planet. 
 
Results at February 1, 2020: 
 
Board: Jean Jouzel, the prominent French climatologist, Nobel Peace Prize joint winner (with
                         
IPCC and Thanh Nghiem), and former McKinsey partner, joins and brings his national and
                           
international network. She is working with us to continue building the Development
                       
Committee.  
 
Conference: Over a three-week period, 300 registrations for the first session of December 5,
                           
2019. 
 
Investment: 300 shareholders in 45 days raising €150k.  
Step 2: 1st semester 2020: Creation of a partnership limited by shares 
A partnership limited by shares, a French Société en Commandite par Actions (SCA), was
                           
created so the greatest number of individuals could join. A summary information
                       
document (DIS or Document d’Information Synthétique) is filed with AMF, the French
                       
financial regulatory agency, which makes it possible to collect up to €8 million over a
                             
12-month period. At a later date, we will file for approval of the prospectus with AMF. 
 
This step focused on the company’s legal structure and the definition of governance. 
 
Objectives: 
 
1. Creation of the partnership limited by shares (SCA) 
2. Continue to raise funds by first offering investors the opportunity to sign an
                         
investment pledge before making direct investments in the partnership when
                   
created. Goal: €800k 
3. Test messages and conversion paths to prepare the construction of a vast online
                         
community.  
Investment Brief for the Planet / Draft - Time for the Planet  11 
 
4. Develop awareness and recognition for Time for the Planet with conferences
                     
throughout France and on the web. 
5. Establish a national and international development committee (investors,
               
entrepreneurs, scientists, and celebrities among others) 
The general public is regularly made aware of the danger of global warming. However,
                           
they are never presented with any far-reaching actions.  
 
Objectives:  
 
1. Time for the Planet must become a grassroots movement which is made
                         
public with intelligent communication using three channels: 
➢ Physical events throughout France. 
➢ Social communities. Goal: a community of 100,000 members. 
➢ The press. 
 
2. Exceed one million euros in funds raised and have over 5,000 investors.  
 
Step 4: 2021: Beta-testing and public offering  
Objectives:  
 
1. Create the first Time for the Planet subsidiary. Put together the first team for the
                             
first technology (See The concept). Then create up to two more subsidiaries. 
 
2. Time for the Planet will become an investment product which appeals to banks
                         
and pension funds. They are regularly criticized for their high-carbon assets and
                       
want green investments. We will undertake advertising with their customers.  
 
3. Global reach: Time for the Planet will open offices in the USA, China, Brazil, India
                             
and other countries abroad. Each branch office will be managed by local
                       
nationals who have a pre-existing network.  
 
4. Exceed €10 million in funds raised and 20,000 investors 
   
Investment Brief for the Planet / Draft - Time for the Planet  12 
 
 
Step 5: 2022:  
1. Begin to create the first companies according to Time for the Planet’s
                       
methodology (See: Methodology) 
- Maximum 10 companies 
- First funds released: up to 50% of the amount raised so far. 
- Recruitment of a full-time person to assist and act as go-between with the
                         
Time for the Planet network. 
 
2. Exceed €50 million in funds raised and 100,000 investors 
- Meet and convince the world's most influential millionaires and
                 
billionaires to invest. 
- Use social media (Twitter/Facebook) to reach successful entrepreneurs, in
                 
areas like Silicon Valley, and convince them to invest substantial amounts. 
 
-  
 
Step 6: 2023-2025: Global impact 
1. Create 30 new companies. 
Learn from the experience of the first five creations to ensure smoother
                       
processes in the future. 
 
2. Communicate widely about open-source technologies developed, creating a
               
virtuous market for each one so they are deployed quickly and globally. 
 
3. Exceed €250 million in funds raised and 500,000 investors. 
Step 7: 2025-2031: Management and exits 
1. Monitor and grow the companies created: regular investments according to
                   
needs, management of the teams of operational founders, communication on
                   
technologies, networking. 
 
Investment Brief for the Planet / Draft - Time for the Planet  13 
 
2. Measure the subsidiaries’ impact on greenhouse gas emissions and the
                   
ecosystem created by the open-source use of each technology.  
 
3. First exits by capital reduction (see Subsidiary Exit diagram). Each exit will return
                         
between 2 and 5 times the original amounts invested. Payment of dividends in
                         
companies where it is possible. 
 
4. Create 40 new companies. 
 
5. Reach €1 billion in funds raised and 10 million investors. 
Step 8: 2031: Exits and reinvestment  
Time for the Planet shareholders can request to recover their original investment, if the
                           
situation permits (see: The Purchase and Sale of Shares).  
 
Firstly, Time for the Planet organizes the exit of shareholders who wish to, and then, if
                               
possible, makes new investments.  
Step9: Spin-offs and Time for the Planet’s possible dissolution 
Time for the Planet encourages the creation of new organizations based on the same
                           
model. Further funds will be raised and profits generated by subsidiaries will be used to
                             
finance new creations. 
 
Time for the Planet’s objective is to contribute to the reduction of global warming to 0°C
                               
- defined as the rise in the average temperature of the planet over the last 30 years
                                 
compared to the average temperature of the pre-industrial era: 1850-1900. If this
                       
objective is reached, according to the methodology and data provided by the
                       
Intergovernmental Panel on Climate Change (IPCC), Time for the Planet will be
                       
dissolved. The assets will be shared as follows: Firstly, to refund initial shareholders.
                         
Remaining funds will be donated to the UN. 
   
Investment Brief for the Planet / Draft - Time for the Planet  14 
 
III. Key Monitoring Indicators 
 
3.1. Impact monitoring using the Net Zero Initiative
               
framework 
 
To measure its impact on greenhouse gas (GHG) emissions and capture, Time for the
                           
Planet uses the Net Zero Initiative Framework developed by Carbone 4:
                     
http://www.netzero-initiative.com/en. 
 
The framework describes and organizes climate actions to maximize contribution to global
carbon neutrality.
 
GLOBAL ACTION WITH COMPANY PERSPECTIVE 
 
 
 
 
   
Investment Brief for the Planet / Draft - Time for the Planet  15 
 
 
 
The framework is based on the idea that an organization must act in three complementary
ways to contribute to global neutrality. 
 
To contribute to the overall decline in emissions, organizations must: 
1. Reduce their own direct and indirect emissions (A) 
2. Reduce the emissions of others by (B): 
– commercializing low carbon solutions under certain conditions; 
– financing low-carbon projects outside its own value chain. 
 
To help increase global sequestration, they must: 
3. Improve carbon sinks by (C): 
– developing carbon sequestration in their own operations and in their value chains; 
– financing carbon sequestration projects outside their own value chain. 
 
NET ZERO INITIATIVE DASHBOARD 
 
 
These three actions are calculated in tons of CO2 equivalent. 
 
The framework is used to measure and analyze Time for the Planet's global GHG impact,
                             
taking into account all investments made to reduce or capture GHGs. 
   
Investment Brief for the Planet / Draft - Time for the Planet  16 
 
3.2 PRR performance monitoring: Planet Rate of
             
Return 
 
The Planet Rate of Return (PRR) is one of Time for the Planet’s main indicators. 
It monitors the impact of a financial investment on global greenhouse gas (GHG)
                         
emissions and, as a result, on the reduction of global warming. 
The indicator shows the relationship between the decrease and/or capture of
                     
greenhouse gases and the amount invested. 
3.2.1 The CO2 equivalent ton 
The decrease and/or capture of GHGs is expressed in ton of CO2 equivalent. 
The CO2 equivalent (CO2eq) of a greenhouse gas is the same amount of CO2 required
                             
to retain the sun’s radiation and hence, to provide the same radiative forcing. 
Take methane (CH4). It has a radiative effect with the capacity to warm the planet 25
                               
times that of CO2. One ton of methane released into the atmosphere is equivalent to 25
                               
tons of CO2. 
The gas with the highest warming potential is sulphur hexafluoride (SF6): 1 ton emits
                           
22,200 tons CO2 equivalent. However, it is only found in very small quantities in the
                             
atmosphere and is responsible for less than 0.3% of global warming. 
3.2.2 Investment 
Time for the Planet’s share capital is used to calculate the PRR. Time for the Planet aims
                                 
to raise its share capital annually until it reaches €1 billion. 
3.2.3 Term 
When calculating PRR, we estimate that an investment will have an impact for at least 10
                               
years and be able to reduce GHGs significantly during this period. 
Take the cost of solar panels which is generally spread over 12 to 15 years to calculate
                                 
profitability, even if they continue to operate well beyond that period. 
 
   
Investment Brief for the Planet / Draft - Time for the Planet  17 
 
 
3.2.4 Planet rate of return 
 
The calculation: 
 
PRR = tons unemitted CO2 equivalent X 10 (years) 
Time for the Planet capital (€) 
 
This gives the number of tons of CO2 equivalent captured or unemitted per euro
                           
invested in Time for the Planet. 
Time for the Planet aims to create and develop companies with a minimum PRR of 5%.
                               
That’s 0.05 tons CO2 equivalent/euro invested, or a cost of €20 per ton of CO2
                             
equivalent. 
To compare, in 2019, the price for one ton of CO2 on the financial markets fluctuated
                               
around €25.  
We aim to offer a cost per ton of CO2 well below market price. Our ability to position
                                   
ourselves below market price will be key to rapid and global deployment. 
 
Calculate your impact as a Time for the Planet shareholder 
For €2,400 invested in Time for the Planet over 10 years, with a PRR of 5%, we can avoid
                                     
at least 120 tons CO2 equivalent of emissions (€2,400 x 5%) or 12 tons CO2
                             
equivalent/year. That’s the same as the average CO2 emissions/year of one French
                       
person. 
In other words, for every €100 invested with a PRR of 5%, we avoid or capture 5 tons of
                                     
CO2 or CO2 equivalent over 10 years. 
 
   
Investment Brief for the Planet / Draft - Time for the Planet  18 
 
 
3.3 Financial performance - Internal Rate of Return
               
(IRR) 
 
3.3.1 Dividend distribution policy 
 
The Time for the Planet founders and shareholders forgo profit distribution.
                     
According to the statutes, Time for the Planet reuses all profits to pursue its
                           
mission. 
 
3.3.2 Reselling shares 
 
The resale of shares by Time for the Planet shareholders to a third-party is
                           
possible at any time and for a freely defined price. 
Note, however, that until the company’s capital reaches €1 billion, Time for the
                         
Planet will propose shares at €1 through regular annual capital increases. 
 
To simplify the sale of shares and when financial conditions permit, Time for the
                           
Planet will offer to buy back shares at the initial purchase price after 10 years.
                             
(See Purchase and sale of shares)_kdz0j0p3bmai 
 
3.2.3 Internal rate of return (IRR) 
 
As shareholders have forgone dividends and Time for the Planet will buy back shares at
                             
the initial purchase value, the expected internal rate of return for a Time for the
                             
Planet investment is 0%. 
 
3.3.3 Risk of loss of invested capital 
 
Investment in Time for the Planet is a capital investment. 
Note that we hope to be able to buy back investors’ shares, but this is not guaranteed.
                                 
As a result, investors risk losing all or part of their investment. 
   
Investment Brief for the Planet / Draft - Time for the Planet  19 
 
 
IV. Time for the Planet’s investment vision 
 
Time for the Planet’s only objective is to combat climate change effectively. It is
                           
therefore essential to invest only in companies that have a fundamental impact on
                         
greenhouse-gas emissions.  
 
4.1. Criteria 
 
The criteria used to establish our deal flow are: 
 
 
4.2. Scope of action 
 
Our Scientific Brief identifies 20 priority issues to be addressed in the fight against
                           
greenhouse gases at a global level. 
 
We will participate in the following five areas:  
● energy 
● industry 
● transportation 
● agriculture 
● buildings 
 
Our ambition is to develop solutions that: 
● Prevent GHG emissions 
● Improve energy efficiency 
● Reduce emissions 
● Capture GHGs 
 
 
Investment Brief for the Planet / Draft - Time for the Planet  20 
 
 
 
 
Global 
 
 
 
Reduction of greenhouse gas 
emissions: PRR of at least 5% 
 
 
 
Immediate effects: as soon 
as the company achieves 
product-market fit 
 
MATRIX OF THE 20 ISSUES WE INTEND TO ADDRESS 
 
 
 
4.3. Deal flow 
 
Time for the Planet will not finance existing companies. We plan to create companies
                           
from scratch, bringing together a team of scientists and a team of entrepreneurs. We
                           
are involved prior to the business creation. 
 
We seek the best inventors and inventions that address these issues around the world.  
 
We scientifically validate: 
● The solution’s potential impact for reducing greenhouse gas emissions. 
● The capacity of the proposed solution to have significant, global and immediate
                       
impact on emissions. 
 
To that end, we will consult with external independent experts, such as Cabinet Carbone
                           
4. 
 
Investment Brief for the Planet / Draft - Time for the Planet  21 
 
ZERO EMISSIONS ENERGY EFFICIENCY
MINDFUL
CONSUMPTION
CAPTURE
Power
Produce and stock
renewable energy
without cri cal
metals/rare metals
Improve the energy
return on investment
(EROI) for
renewable-energy
solu ons
Decentralize energy
produc on and develop
smart networks
Capture GHG emi ed by
power plants
Industry
Manufacture without
fossil sources
Recover and use waste
heat
Extend the lifespan of
products and recycle
Capture GHG emi ed by
factories
Transport
Travel without
fossil-fuel combus on
Improve energy
performance of vehicles
Op mize transporta on
of goods and people
Capture GHG emi ed by
vehicles
Agricultur
e
Farming without
nitrogen fer lizer
Regenerate farmland
Develop alterna ves to
meat and reduce waste
Secure and develop
natural carbon sinks
Buildings
Build using low-carbon
materials
Heat and cool without
HFCs and combus ble
fossil resources
Renovate houses and
buildings
Capture storage
 
4.4. Objectives  
 
Subsidiaries have a dual purpose: 
 
● Reduce GHG emissions or capture GHGs 
 
● Be profitable to pay dividends to Time for the Planet so that it can continue its
                               
investment policy. 
 
 
a. Reduction or capture of GHGs 
 
This objective is measured by an independent service. The impact of each company is
                           
evaluated regularly (at least once a year) and communicated to Time for the Planet
                           
shareholders for the PRR calculation. 
Both the subsidiary and those using the technology are measured to calculate the
                         
impact. 
  
 
b. Profitability 
 
After 10 years, Time for the Planet plans to return the initial amount invested to its
                               
shareholders upon request. It is also crucial to generate profit for the creation of new
                             
businesses.  
 
   
Investment Brief for the Planet / Draft - Time for the Planet  22 
 
V. Time for the Planet supports its subsidiaries 
 
5.1. Time for the Planet: Startup Studio? An investment
                 
fund? An incubator? 
Actually, it’s all that and more. 
We are co-creators, not just an incubator or a support structure. We build a team by
                               
associating scientists with entrepreneurs. 
Our role is: 
- putting together the company’s management team; 
- financing the company’s development as it grows; 
- ensuring strategy is open source; and 
- acting as counsel for strategic decisions. 
The management team makes all decisions. We trust them with defining strategy,
                       
management style, organization and day-to-day activities as long as they comply with
                       
the Time for the Planet charter. Most importantly, open source must be ensured. 
The company chairman is selected from the management team and has delegated
                       
authority.  
 
5.2. Open source: the secret weapon for saving the
                 
planet 
 
5.2.1. Sharing technology to accelerate solving
           
problems globally 
 
How is it possible to increase the chances of solving the problem the company
                           
addresses once it has an operational technology, a team, and plentiful funding? 
 
We decided that the easiest, fastest, and most cost-effective way to solve a global
                           
problem is to share the technologies discovered. 
 
A new subsidiary would take many years to establish itself globally. 
 
In fact, it is the technology - and not the subsidiary - that must have global reach. 
Investment Brief for the Planet / Draft - Time for the Planet  23 
 
 
If new technology is used by other entrepreneurs, a whole market is created, not just
                             
one company! 
 
5.2.2. Open source and free licenses: rights and
               
responsibilities 
 
Time for the Planet’s definition of open source: making all components of all
                         
innovations produced by our companies available to third parties so they can be copied,
                           
used and sold. 
Anyone can ask for - and will receive - a license to use our innovations. No one can use
                                     
our innovations without a license. Licenses will only be refused to individuals and
                         
companies which do not adhere to our Charter. 
The Time for the Planet license comes with certain rights and responsibilities. 
 
Time for the Planet license holder rights: 
● copy all or part of an innovation; 
● improve an innovation; and 
● market and sell an innovation. 
 
Responsibilities: 
● Share innovation improvements and discoveries; and 
● Market and sell innovations in the domains and forms set out in the license
                           
granted by Time for the Planet. Consequently, a construction-industry innovation
                   
cannot be used for military purposes. The list of sectors can be expanded upon
                           
request if Time for the Planet considers it pertinent in the fight against climate
                           
change. 
5.2.3 Open-source economic models 
Time for the Planet was founded to create economically viable businesses with potential
                         
for growth, to impact climate change and to trigger the creation of many other
                           
businesses based on their innovations. 
 
Companies must therefore make public all the knowledge they’ve amassed and
                     
generate revenues. They cannot privatize it.  
 
See our website for seven examples of economic models using open source. 
(https://www.time-planet.com/fr/tout-savoir/notre-strategie/methode-time-for-the-plan
et/comment-nous-allons-utiliser-lopen-source-pour-lutter) 
 
Investment Brief for the Planet / Draft - Time for the Planet  24 
 
5.3. Advantages of Time for the Planet as majority
                 
shareholder 
 
 
a. Faster and less costly results 
 
Experience in business conception/creation saves considerable funds. For example, if
                   
Time for the Planet’s method is applied, the time to complete a first sale can be reduced
                                 
from an average of two years to four months. This method is based on three pillars: 
● interviewing potential customers with an innovative interview process; 
● selling the product before it is created; and 
● only financing strictly necessary actions. 
 
 
b. Paradigm shift  
 
Creating a company in Time for the Planet’s ecosystem is part of a plan to safeguard the
                                 
planet. Thousands of individuals, companies, organizations and institutions will
                 
transform entrepreneurship into an essential weapon in the war on climate change.  
Companies that join Time for the Planet share values that go beyond simply creating
                           
economic activity. 
 
 
 
c. Raising funds: we take care of everything 
 
Months of effort are saved as finding seed funding and series A and B rounds are not
                                 
required: Time for the Planet invests directly and when required and/or looks for
                         
external financial partners. 
   
Investment Brief for the Planet / Draft - Time for the Planet  25 
 
 
d. Networking 
 
Time for the Planet’s founders and partners have networks which provide a constant
                         
source of resources required for the company’s development at every stage: searching
                       
for customers, suppliers and experts, press, accounting, legal, innovation tax credits,
                     
webmarketing, among others. 
 
 
e. Visibility and credibility 
 
The founders of Time for the Planet, along with dozens of growth hackers, lawyers,
                           
entrepreneurs, communicators, and so on, will focus all of their attention and expertise
                         
on creating a large communications company and lobby for the planet. Consequently,
                       
effective communication of the results of Time for the Planet subsidiaries will boost
                         
their speedy growth. 
Through institutions and the establishment of a large community of citizens, Time for
                         
the Planet aims to become a global enterprise. 
 
 
 
 
   
Investment Brief for the Planet / Draft - Time for the Planet  26 
 
 
5.4. Methodology 
 
 
 
 
 
 
 
 
 
 
 
Choosing the scientific problem 
 
Finding the scientific solution’s competitive advantage 
 
Recruiting the subsidiary’s initial team 
 
Testing the market opportunity 
 
Creating the subsidiary’s Supervisory Board 
 
Creation of the company, MVP design, and seed funding 
 
Open-source strategy and progressive investments for
           
the company’s development 
 
Exit from subsidiaries 
 
 
 
 
   
Investment Brief for the Planet / Draft - Time for the Planet  27 
 
 
Step 1: Choosing the scientific problem 
 
Scientific problems are based on three criteria: 
 
. Impact on preventing GHG emissions  
The proposed solution must address a sufficiently large market and it must have a
                           
significant measurable impact on GHG emissions and their capture. 
For example, we want to address CO2 emissions by the cement industry as they
                           
represent 5% of global CO2 emissions which is considerable.  
 
. R&D required for mass production of the solution depending on impact potential  
We will select mature solutions that require little R&D if they have a visible short-term
                             
impact. Solutions requiring heavy R&D will be selected only if their impact is globally
                           
visible in the medium- or long-term. 
 
. Market access to the solution via open source  
The more a product needs to be tailored to each customer, the more difficult market
                             
access is for an open-source solution. As a result, we will focus on companies with
                             
products that do not require too many bespoke adjustments for each customer. 
 
For example, a carbon-capture solution for industrial sites must be adapted to the
                         
technical format of each site. The technology’s wide distribution will eventually enable
                       
installers to deploy the technology globally; however, there is a need for a high degree
                             
of customization, requiring time for each adjustment.  
On the other hand, cement-free technology can be made available to everyone and
                         
deployed very quickly on a global scale, without specific local adjustments.  
 
The Time for the Planet roadmap will keep us focused on companies requiring little R&D
                             
with rapid and smooth market access. 
 
Step 2. Finding the scientific solution’s competitive
             
advantage 
 
Scientific problems are not always naturally and natively in sync with a market problem.
                           
Take cement manufacturing. The fact that it emits CO2 will become a market problem as
                             
soon as there is a competitive advantage to building without cement: lower cost, better
                           
insulation quality, greater durability, etc. 
 
We act as a think tank at Time for the Planet, in conjunction with the inventor, the
                                 
Scientific Committee and the Entrepreneur Committee.  
 
Investment Brief for the Planet / Draft - Time for the Planet  28 
 
Step 3: High frequency market testing with an
               
investment of €5,000 to €15,000 
 
Over a three-week period and with a budget of between €5,000 and €15,000, we use
                             
high-frequency testing techniques to: 
- determine whether the product or service engages clients and customers;  
- identify the customers; 
- establish the right price for the customer. 
 
Real-life testing is conducted as though the solution were already available: meetings
                       
with prospective clients, creation of landing pages to present the solution, advertising
                       
on social media, or retargeting, to mention a few. 
 
Examples: 
- Imagine we want to test consumer interest in a non-electric air-conditioning
                       
solution. We want to know how much consumers are willing to pay. We would
                           
need to try selling them in the market place at different price points, or create a
                               
crowd fund to confirm any real interest by consumers for the proposed solution.  
 
- Making appointments to sell the imagined solution from technical drawings and
                       
3D simulations to obtain pre-order contracts. 
 
- Online advertising to sell the non-existent product to real consumers. (Purchases
                     
are refunded immediately.)  
 
Step 4: Recruiting the subsidiary’s initial team 
 
In most cases, at this stage, other than the inventor and/or scientist, there is no team.
                               
Consequently, we put together the necessary team. 
 
CEO: Our preference is someone with strong entrepreneurial experience who has
                     
already created a company in the same sector. But that’s not always necessary. We will
                             
focus on entrepreneurial capacity, speed of execution, vision and managerial finesse.  
 
- CTO: This may be the inventor if they are interested and they have the
                           
managerial ability and entrepreneurial vision. 
 
- One or two additional founders may be brought on board if they bring expertise
                           
in the product or industry, a particular skill, a sales network, or other benefits. 
 
Step 5: Creating the subsidiary’s Supervisory Board 
 
Investment Brief for the Planet / Draft - Time for the Planet  29 
 
The Supervisory Board is there to provide support to the company. It meets every two
                             
months. Members may be required to work in the field. 
At a minimum, the Board is composed of:  
. one Time for the Planet co-founder 
. one Time for the Planet Development Committee member for credibility 
. one Time for the Planet investment team member 
. one Time for the Planet employee who monitors daily progress and attends the most
                             
important meetings  
 
Step 6. Creation of the company, MVP design and
                 
seed funding (€20,000 to €100,000) 
 
The company is created when all market testing is completed.  
Time for the Planet creates companies from scratch. Each company created is a
                         
subsidiary of the parent company, Time for the Planet.  
 
a) Creating the company: 
 
In almost all cases, the company will be a French simplified joint-stock company. Time
                           
for the Planet will handle creation of the company’s legal entity, the initial capital and
                             
registering the trade name. 
As a general rule, the founders are asked to make a minimal investment to symbolize
                             
their commitment to the project. However, this amount if much lower than for a
                           
traditional business creation.  
 
b) Creating the MVP: 
 
The Minimum Viable Product, or MVP, is the most minimalist version possible of the
                           
proposed product or service. Generally, in the previous step, using projections of the
                         
product or service, highly advanced sales approaches and first sales were made. In this
                           
step, we move on to the real product or service.  
 
The Time for the Planet method is based on rapid market access. We will pay particular
                               
attention to developing the MVP. It must be as rapid and inexpensive as possible in
                             
order to start generating sales revenue. We will invest in the product development once
                           
there are firm contracts or commitments to purchase. Until a product is the object of
                             
loudly expressed purchase intentions, no substantial investments will be made.  
 
   
Investment Brief for the Planet / Draft - Time for the Planet  30 
 
c) Funding: 
 
There are usually successive rounds of funding and increased shares. As majority
                       
shareholder, Time for the Planet provides the funding necessary at each step of the
                           
company’s development.  
 
As majority shareholder, we can guarantee the company’s rapid development and
                     
open-source philosophy.  
We will retain some control through our golden shares, even if, as part of the company’s
                               
future development, the majority will be transferred to the founders. 
 
Time for the Planet will invest an initial amount. This investment must enable the
                           
company to realize its MVP and proof of concept, and at least make its first sales to
                                 
validate a business model. 
The amount invested in the seed funding stage ranges from €50k to €500k. External
                           
finances may be provided, particularly from banks.  
 
Time for the Planet as majority shareholder presents advantages for the
                     
founders: 
 
● Time for the Planet invests over time, injecting funds as required.  
● As long as Time for the Planet finances the company’s development, there is no
                           
increase in capital. Also, the founders’ holdings cannot be diluted. Yet, in
                       
standard development, successive dilutions mean founders eventually own a
                 
small share of the company: usually less than 25% all told after two or three
                             
rounds.  
● The founders can concentrate on the company’s development. They do not need
                       
to spend time searching for funds, particularly in the start-up phase. 
● The founders receive remuneration from the outset and own shares of the
                       
company. This is also true for key employees.  
 
Generally, at the company’s launch, the distribution of capital is as follows:  
 
   
Investment Brief for the Planet / Draft - Time for the Planet  31 
 
Special case: already existing companies 
 
Sometimes, the company exists with no or very low revenues. In that case, Time for the
                               
Planet will be a minority investor through convertible bonds.  
Once the MVP is complete, Time for the Planet becomes a majority investor. If there is
                               
no agreement on majority shares, we will negotiate “golden shares” which allow us to
                           
ensure our open-source policy.  
Only 3% to 8% of the projects go on to step 7. 
 
Step 7: Open-source strategy and progressive
           
investments for the company’s development 
 
a) Moving to open source 
Once proof of concept is completed, Time for the Planet will send one of its R&D
                               
coordinators to assist the subsidiary in putting together the innovation’s technological
                     
documentation. To do so, the R&D coordinator will have access to: 
● all company employees and founders; 
● a budget to cover time spent by subsidiary employees or outside third
                       
parties (service providers); 
● an interface designed by Time for the Planet so delivery of technology is
                         
easy, fun and detailed; and 
● an interpreter/translator responsible for converting to one of Time for the
                     
Planet’s languages: English or French. 
 
b) Staggered financing 
 
Time for the Planet’s ambition is to finance subsidiaries throughout their development.  
Rather than large Series A, B and C funding rounds, we will opt for small successive
                               
investments at close intervals.  
Over time, Time for the Planet’s holdings as a percentage will increase as investments
                           
are agreed upon. 
 
 
   
Investment Brief for the Planet / Draft - Time for the Planet  32 
 
The advantages:  
 
. Allows for quick and agile action for a clearly identified need. 
Take a situation where the subsidiary needs €800k to recruit a team of engineers or €1
                               
million to launch a radio advertising campaign.  
. Avoids the cost of funding rounds (no increase in share capital) 
. Avoids inflated funding rounds. As is often the case with startups, money is raised
                             
based on investor value estimations and not on rationally identified needs. 
. Avoids injecting funds with no predetermined objective; money is spent more
                       
rationally. 
 
Form of investment  
 
Time for the Planet subsidiaries are formed as French simplified joint stock companies
                         
with variable capital, or their equivalent under foreign law when necessary, such as in
                           
the US. 
 
We finance the subsidiary through the purchase of shares in the variable capital.  
 
Advantages of this form: 
● No capital increase with every new investment;  
● Easy entry for third party investors; and 
● The sales price can be decided in advance, reaching, for example, two or three
                           
times the purchase price. 
 
c) Advancing and regulating funds 
 
When the company is launched, we will provide advance funds based on the company’s
                           
anticipated level of R&D. The amount ranges from €300k to €2 million to ensure optimal
                             
financing to reach product-market fit.  
 
 
Once product-market fit is reached, we then look at whether it’s opportune to make a
                             
second advance of €1 to €5 million for further company development. Each time, the
                           
Investment Brief for the Planet / Draft - Time for the Planet  33 
 
Definition: Product-market fit  
Product-market fit is when a product meets market demand. More specifically, the 
product sells itself in its market. 
The product has such a good fit with its market that it doesn’t need costly advertising 
campaigns to convince potential buyers. They immediately understand how the 
product works and its utility.  
The idea behind product-market fit is to reach a maximum number of potential 
consumers who convert on a large scale where there’s no need to convince each 
individually. 
objective is to anticipate the company’s needs in a timely manner rather than to spend
                             
the entire advance. 
The thresholds indicated above will vary based on periods and funds raised by Time for
                             
the Planet 
 
Time for the Planet will only invest in subsidiaries for specific and justifiable reasons. 
The request is usually made by the subsidiary’s CEO or one of its Board members. 
To release funds, the company must receive the approval of its own Board, a favorable
                             
opinion from the Time for the Planet Supervisory Board to approve funding, and from
                           
the Time for the Planet shareholders in general assembly. 
 
When the entire Time for the Planet budget has been spent, and should the company
                             
still need capital, it must seek approval for a new request from the Board or look for
                                 
financing from an outside source, on the condition that Time for the Planet does not
                             
lose control. 
This is secured through golden shares held by Time for the Planet to retain control over
                               
key points such as open-source policy when there is co-investment. 
 
Co-investment 
 
Time for the Planet is open to joint financing of its subsidiaries from the series A round. 
Outside investors will be able to invest in any form, provided that Time for the Planet
                               
does not lose control of the company: 
● purchase of variable capital shares; 
● increase in capital beyond the total authorized share capital; 
● convertible bonds; and 
● loans. 
 
Step 8: Exit from subsidiaries 
 
Once the company is profitable and open-source distribution of its technology has been
                         
ensured, there’s the question of our departure. Time for the Planet aims to sell all or
                               
part of its shares to the subsidiary itself. This is known as reducing capital. Depending
                             
on the companies, the buy-back price can vary between two and five times the original
                             
share price. This price is set when the company moves to variable capital.  
 
Capital is reduced when the investors exit. Advantages: 
● Making exit terms clear, avoiding acquisition by a third-party company which
                     
may have priorities other than a purely environmental interest and the Time for
                         
the Plane culture instilled by Time for the Planet founders and employees.  
● Limit financial gain by third-party investors: they will have a return for the risk
                           
taken, but within reasonable limits 
   
Investment Brief for the Planet / Draft - Time for the Planet  34 
 
Two possible cases:  
 
Case 1: The company is one of several players in a dynamic market that has
                             
significantly reduced CO2 emissions.  
In this case, the founders and employees should eventually own 95% of the
                         
company. Time for the Planet only keeps its golden shares for the open-source
                         
policy.  
 
 
 
Case 2: The company is a major player with a structural role which is crucial
                             
for CO2 emission reductions. 
In this case, the founders share value increases slightly. In any event, Time for
                           
the Planet keeps the majority and earns dividends.  
 
 
 
 
 
 
 
   
Investment Brief for the Planet / Draft - Time for the Planet  35 
 
 
 
Post-exit guarantees 
 
We retain the golden shares that allow us to guarantee open source and the control
                             
over the use of dividends.  
 
Our shareholder pact is preserved: we have preemption rights on the sale of shares by
                             
other shareholders and on participation in capital increases.  
 
Inventor status 
 
The project must afford the inventor a sense of satisfaction and fulfillment. There must
                           
be three facets:  
 
a. Recognition: The inventor’s name will be cited in all communication materials as
                       
recognition of the open-source status.  
 
b. Guarantee of effectiveness: Time for the Planet guarantees that all human and
                       
financial means will be implemented so the invention changes the world. 
  
c. Capital guarantees: The inventors start out as minority shareholders. They, and
                     
the co-founders, become majority shareholders when Time for the Planet exits
                     
the scene. 
 
d. Financial security: The inventor receives remuneration from Time for the Planet
                     
as soon as the company is launched. 
   
Investment Brief for the Planet / Draft - Time for the Planet  36 
 
VI. Legal structure and governance 
 
A mission-led company: one of the first in France. 
 
Time for the Planet is a mission-led company, as defined by the recently enacted French
                             
law on Business Growth and Transformation. A mission-led company has social and
                       
environmental objectives aligned with its purpose. They are set out in the Articles of
                           
Association. It must create independent internal and external auditing bodies to
                     
monitor mission performance. 
As a result, Time for the Planet is one of the first mission-led companies in France. 
 
6.1 Our initial legal form: 
 
Time for the Planet was set up in 2019 as a limited company (in French a Société par
                                   
Actions Simplifiée or SAS) . 
 
Further to the validation of the Time for the Planet concept in 2019 and the resulting
                               
enthusiasm, the number of shareholders in a limited company, which is limited to 1,500,
                           
was reached quickly. It was time to change.  
In March 2020, we converted to a Partnership Limited by Shares (in French a Société en
                               
Commandite par Action or SCA). 
 
6.2 Our current legal form: Partnership Limited by
               
Shares 
 
In an SCA, the company's partners are divided into two groups: general partners and
                           
limited partners, also known as shareholders. 
 
6.2.1. General Partner(s): 
They are indefinitely, jointly and severally liable for the company’s debts. Their shares
                         
are not freely transferable.  
They have full authority to appoint the managing directors and are involved in running
                           
the company. 
In our case, there will be only one general partner, a limited company: Act for the Planet. 
 
Act for the Planet is wholly and exclusively owned by the co-founders, who are 
Nicolas Sabatier, Mehdi Coly, Laurent Morel, Coline Debayle, Arthur Auboeuf and Denis
                         
Galha Garcia. 
Investment Brief for the Planet / Draft - Time for the Planet  37 
 
Since November 13, 2020, Act for the Planet is also part-owned by Time for the Planet.
                               
This provides the shareholders with a right to review and to make decisions, in
                           
particular for amendments to the articles of association. 
Time for the Planet’s articles of association can only be modified with the agreement of
                             
all the general partners, in other words, Act for the Planet. 
 
6.2.2 Limited partners or shareholders:  
 
They have the same status as shareholders in a limited company.  
The limited partners are the people who own shares in Time for the  
Planet. They are most commonly called shareholders which is the term we use
                         
hereafter. 
They have the right to become members of the Supervisory Board.  
The Supervisory Board is elected by the shareholders on the basis of 1 share = 1 vote. 
 
6.2.3 Management 
 
The SCA can be managed by one or more managing directors. They are appointed by
                             
the sole general partner, Act for the Planet. 
An amendment to the articles of association is planned in order to obtain the Time for
                               
the Planet Supervisory Board’s agreement for this purpose. 
  
There are currently six managing directors of Time for the Planet: Mehdi Coly, Nicolas
                           
Sabatier, Laurent Morel, Coline Debayle, Arthur Auboeuf and Denis Galha Garcia. 
 
The remuneration, both fixed and variable, of an individual managing director is limited
                         
to four times the French minimum wage by the articles of association. 
For a managing director who is a legal entity, the management fees linked to
                           
remuneration of the director(s) paid by the legal entity is also subject to this ceiling of
                               
four times the French minimum wage per individual. 
 
In the event of the deaths of all the general partners, the United Nations will be
                               
appointed as the company’s general partner by default. 
 
6.2.4 Supervisory Board  
 
The Supervisory Board is made up of a minimum of 3 and a maximum of 12 members.
                                 
Members of the Supervisory Board must be shareholders. They may be individuals or
                         
legal entities.  
A general partner may not be a member of the Supervisory Board and may not
                             
participate in the appointment of its members. 
Investment Brief for the Planet / Draft - Time for the Planet  38 
 
However, they may, in their capacity as managing director, attend Supervisory Board
                       
meetings. 
In accordance with article L226-9 of the French Commercial Code, the Supervisory Board
                         
exercises permanent control over company management. 
 
It gives an opinion about investment decisions proposed by the managing directors.
                       
These decisions must in turn be validated by the shareholders in the general assembly. 
 
Decisions made by the Supervisory Board are by majority: 1 member = 1 vote. 
In the event of a tie, the chairperson casts the deciding vote. 
 
 
6.2.5 Corporate governance framework  
 
 
 
 
   
Investment Brief for the Planet / Draft - Time for the Planet  39 
 
6.2.6 Share capital and valuation 
 
The capital is divided into shares of €1 held solely by shareholders.  
Share value remains stable over time at €1 per share under the articles of association. 
 
The aim is for Time for the Planet’s capital to reach €1 billion.  
This objective will be reached through successive capital increases without issue
                     
premium. 
 
6.2.7 Sale and purchase of shares 
 
The purchase of shares gives the status of limited partner. In most cases, the purchase
                             
of shares will be through increases in the company’s capital.  
To avoid speculative activity, new shares will always be issued for €1 per share.  
 
Capital increases will occur regularly, about once or twice per year, to bring in new
                             
shareholders, until the company’s capital reaches €1 billion. 
As a shareholder you can sell your shares at any time and at any price to a third party. 
 
Over time, for its shareholders, Time for the Planet aims to reduce capital, but not
                             
before ten years, to simplify the sale of shares by departing shareholders. 
 
The buy-back price offered by Time for the Planet will be the original price of 1€ per
                                 
share. 
 
6.3 Public offering of financial securities/French
           
Financial Markets Authority (AMF)  
 
Following a regulatory change on July 21, 2018, an offer totaling less than €8M over
                             
twelve months does not constitute an Offer to the Public of Financial Securities (OPTF)
                           
under French law. 
 
Time for the Planet is currently offering shares up to a value of €8 million over twelve
                                 
months without AMF approval, as such approval is not required. 
We will, however, publish a mandatory summary information document (DIS), which
                     
must be a transmitted to any person interested in the offer and be filed with the AMF
                                 
prior to its completion.  
 
In May 2020, we launched our first written offer: a DIS filed with the AMF. 
In 2021, we plan to produce a prospectus and apply for AMF approval. 
Investment Brief for the Planet / Draft - Time for the Planet  40 
 
6.4 Our legal counsel 
 
Dominique Stucki, from Cornet Vincent Ségurel, is our
               
legal counsel. An active member of the Finance
               
Innovation Cluster, he is also a leading FinTech and
                 
PropTech lawyer. He sits on several association
             
committees and working groups in these fields and is the
                   
author of numerous publications, including the Thomson
             
Reuters FinTech Guide - France. 
A leading AMF specialist, he works part pro bono for Time
                     
for the Planet, using his expertise to help the company
                   
grow quickly.  
 
This enables his law firm to be involved in social and technological innovation. An article
                             
on the subject, to be published in the journal Banque is currently being prepared. 
 
6.5 Investments in subsidiaries 
 
6.5.1 The selection and validation process 
Investment in a subsidiary is possible only after selection and validation through the
                         
following four steps:  
 
a. Preselection through collective intelligence 
To make a preliminary assessment of the identified innovations, we assemble a pool of
                           
evaluators from around the world. This panel is made up of scientific experts,
                         
professionals from the sectors under evaluation, and even potential users. Time for the
                         
Planet shareholders are also invited to evaluate the proposed innovations. The panel’s
                       
diversity guarantees a pertinent rating. Collective preselection reduces individual biases
                   
inherent to country, expertise, surroundings, gender and other characteristics.  
All solutions are first reviewed using a common reference guide, so they all have an
                             
equal chance.  
b. Scientific Committee Validation 
First and foremost is the scientific and technical validation. There’s no point estimating
                         
the market potential or questioning the ethics of a solution if it doesn’t work.  
The scientific committee provides an opinion on a solution’s scientific relevance and
                       
technical feasibility. This opinion is then followed by a vote before the solution moves
                           
on to the next step in the validation process. When the committee votes no, Time for
                               
the Planet will not finance the solution. 
Investment Brief for the Planet / Draft - Time for the Planet  41 
 
The Scientific Committee is responsible for this validation. It is composed of:  
● a full-time chairperson who is the guarantor of Time for the Planet's method and 
approach; and 
● from 3 to 12 members who are scientific experts.  
The members are named for 3-year terms, with one third renewed at a time.  
The experts receive no wages or compensation for this activity. Further, there must be
                           
no conflict of interest with their professional or voluntary activities. A member with a
                           
potential conflict of interest may attend the meetings but cannot vote under any
                         
circumstances.  
This Scientific Committee meets as often as necessary and at least three times per
                           
quarter. Innovators are also invited to attend the committee meetings to discuss and
                         
defend their solution before the scientists. 
Decisions are by majority where each member has one vote. In the event of a tie, the
                                 
chairperson shall cast the deciding vote. 
c. Potential market validation 
A scientific and technical solution does not necessarily meet market demand.
                     
Consequently, the solution’s product/market fit is analyzed. In other words, rethinking a
                       
solution’s competitive advantage to meet market demand. Examples include a lower
                     
price, better quality or greater durability.  
Time for the Planet, the Scientific Committee and the innovator work on this jointly
                           
before moving on to high frequency testing which empirically confirms market potential. 
During this high-frequency testing phase, Time for the Planet takes the reins. Over a
                           
three-week period, working with a dedicated team of “growth hackers” and a budget of
                           
several thousand euros, we evaluate the market’s appetite for the solution as well as the
                             
economic model’s relevance.  
Real-life testing is conducted as though the solution were already available: meetings
                       
with prospective clients, creation of landing pages to present the solution, advertising
                       
on social media, or retargeting, to mention a few. 
At this stage, the resulting KPIs are analyzed. They allow Time for the Planet to decide
                               
whether to move on to the following step or not.  
Regardless of Time for the Planet’s decision, all test results and analyses are made
                           
available to innovators so they can improve product positioning and their sales pitch. 
Investment Brief for the Planet / Draft - Time for the Planet  42 
 
d. Final and ethical validation 
The final stage, once the innovation is vetted scientifically and economically, is a
                         
presentation before all Time for the Planet partners. 
Before this validation, Time for the Planet’s Supervisory Board is asked to give an
                           
opinion about the intended investment. 
The Board of Managing Directors and the Supervisory Board verify that the innovator’s
                         
values are aligned with those of Time for the Planet’s. We also confirm there are no
                               
conflicts of interest. This is the first ethical validation for our shareholders. 
Lastly, a general assembly for Time for the Planet shareholders is convened. The
                         
subsidiary’s investment resolution is presented and a vote is called.  
If the resolution passes, the subsidiary can be created to develop the solution. 
To the contrary, if the resolution is rejected, the file can be reworked and improved,
                             
taking criticisms into account before being submitted to another General Assembly vote.
                       
In the case of overwhelming rejection, the file may be completely dropped. 
6.5.2 Requests for re-investment 
 
All decisions regarding investment and re-investment in subsidiaries are legally
                   
approved by Time for the Planet shareholders in accordance with the articles of
                         
association. The Supervisory Board is also invited to give its opinion prior to the vote. 
 
a. The Request  
 
The request is made by a subsidiary Board member or the CEO.  
 
The referral must include a summary of the request, indicating: 
● the reason for the requested investment; 
● the amount and the justification for the amount; 
● the alternatives to additional funding that have been explored; and 
● a financial forecast incorporating the amount requested. 
 
Time for the Planet has six months to respond to a request made by a subsidiary.
                               
Before doing so, Time for the Planet must verify, through the Supervisory Board, that:  
● the subsidiary has no immediate cash flow problem (for three months); 
● the reason for funding and the amount requested are justified; and  
● all alternatives for additional funding have been thoroughly explored.  
 
Investment Brief for the Planet / Draft - Time for the Planet  43 
 
The Supervisory Board may request more information and even source additional
                     
information with interviews of competent people from the subsidiary. It draws up a note
                           
and gives its opinion to shareholders, to ensure the human elements are also taken into
                             
account in the decision. 
 
b. The response 
 
At the general assembly, shareholders may: 
● Decline the request. In this case, the subsidiary cannot make a further request
                         
for three months.  
● Accept the request in full, or even exceed it. 
● Partially accept the request.  
● Request a pitch from the CEO or author of the referral at the general assembly. 
In each case, video or audio feedback is recorded for the subsidiary’s management. 
 
c. Decision leading to stopping an activity 
 
Time for the Planet will not fund a company that is not advancing or giving any
                               
guarantee of progress.  
The shareholders and Supervisory Board have the power to issue a negative opinion or
                           
vote against financing a business that is running out of cash if it has not been able to
                                   
demonstrate, within the time allotted, the capacity to access the market and to scale its
                             
sales revenues and/or profitability. 
 
6.6 Companies in difficulty and ceasing to trade 
 
Time for the Planet’s role includes ensuring the smoothest closure possible for failing
                         
companies. 
 
Time for the Planet will help companies in difficulty with staff layoffs, conciliation with
                           
creditors, and safeguarding or legal recovery procedures.  
 
Time for the Planet provides both legal and psychological support to managers and
                         
employees. 
 
Time for the Planet's work with companies in difficulty will include preserving the
                         
company’s intellectual property, in particular ensuring that it has been made open
                       
source before liquidation. 
 
   
Investment Brief for the Planet / Draft - Time for the Planet  44 
 
VII. Our Charter 
 
7.1 Our assessment: the absolute urgency of the
               
environmental crisis 
 
Mankind is in critical condition. 
The rapid deterioration of animal and plant species, combined with global warming
                       
caused by human activity, are putting life on Earth at risk of extinction. Scientists have
                             
been warning us for 50 years. It’s time to act. 
 
7.2 The Power of Entrepreneurship  
 
We want to unite the strength of entrepreneurship with individuals, voluntary
                     
groups and politicians who are already actively engaged. 
Entrepreneurship can turn ideas into action. It implements solutions fast, is politically
                       
and financially independent and has a strong culture for invention – just what we need
                             
to protect the planet. 
 
7.3 Not for Profit  
 
We are fully committed to devoting all the financial and human resources we can
                           
to beating this ecological crisis. 
In its founding articles, Time for the Planet and its partners refuse to take any profit. All
                                 
profit will be dedicated to the improvement, accessibility and development of solutions. 
 
7.4 Creating and financing ambitious companies 
 
Our role is to: 
- find inventions that contribute to solving environmental problems through
                 
scientific engineering; 
- build teams to develop and implement these inventions through human
                   
engineering; and 
- raise money to finance the creation of companies and research through financial
                       
engineering. 
 
   
Investment Brief for the Planet / Draft - Time for the Planet  45 
 
7.5 Open Source 
 
We owe it to ourselves to share our research, knowledge and expertise. 
We apply open-source principles so our technical solutions can be shared and increase
                         
their chances of development. Anyone in the world will be able to access and use these
                               
solutions. 
 
7.6 Collective Intelligence 
 
We believe that everyone has a role to play in this mission. We intend to use
                               
collective intelligence to achieve our goals. 
Our action is leveraged by collective participation. This helps us to discover an invention,
                           
to offer skills and expertise, and to contribute financial and material resources. 
 
7.7 Mindfulness 
 
We boost energy by fostering honesty, mindfulness and a sense of humor. 
We want to be surrounded by optimistic, hard-working and tenacious people who are
                         
focused on the common good. To achieve this, we promote a culture based on trust and
                               
honesty, and we keep things in perspective. A sense of humor is essential. We are
                             
extremely honest with ourselves and with outsiders who ask for our advice. And finally,
                           
mindfulness is the mainstay of our company. We trust on principle. And our trust is only
                               
ever shaken by objective facts. We never try to read into someone’s words. We don’t
                             
look for a hidden agenda. We take people at face value.  
 
7.8 Transparency  
 
The corporate world needs transparency. 
Our commitments make us accountable to our stakeholders. Information about Time
                     
for the Planet's accounts and remuneration are freely available. Anyone can become a
                         
shareholder and vote at general meetings with as little as €1: €1 = 1 share = 1 vote. 
 
7.9 Ethics 
 
We want to make the world a fairer place. 
We act for gender equality, non-discrimination, environmental protection and against all
                     
forms of harassment and human trafficking. 
 
Investment Brief for the Planet / Draft - Time for the Planet  46 
 
VIII. The Team  
8.1 The Current Team 
 
8.1.1 The foundersC 
Both imaginative and pragmatic, a specialist in “Zero to One”, he is highly experienced in
building companies from the ground up, frequently testing corporate growth strategies. He
works relentlessly to build the Time for the Planet network. Mehdi is obsessed with acting
fast and creatively to obtain the best results using the least resources. He initiates and
develops new projects so that our companies grow rapidly. 
 
Education: Master’s in Business Law and International Law 
 
Founder/co-founder of five companies: 
 
2008. Vitacolo: Kids’ vacation camps 220 temporary employees per year. A socially
                       
responsible business that organizes more than 2,000 weeks of vacation per year. It also
                           
finances trips for up to 70 special needs or disadvantaged children. 
2012. Linkeyword, a web agency with a team of 5, resold in 2015. 
2015. Optimiz.me and its US subsidiary Mazen. Startup: Google SEO software.   
Raised €2 million in 2016.  
Further to legal action, the failing company was taken over by the 1ère Position group, a
                               
renowned SEO company. At its height, Optimiz.me had a team of 16. 
2016. Wuha (Exit in progress): Startup: Natural language search technology in web
                       
applications. Main client: Dalloz. Team of 14. 
2017. MONCDI: Co-founded the digital branch. Responsible for online acquisition and
                     
process automatization. €30 million of recurring contracts generated in 9 months. 400
                       
employees 
2017. Automate.me: Process automatization systems with zero lines of code. 3
                     
employees 
 
Investment Brief for the Planet / Draft - Time for the Planet  47 
 
   
Mehdi Coly 
 
CEO: Chief Executive 
Officer 
Lecturer in entrepreneurship, growth hacking and investment strategies, La Sorbonne,
                   
Emlyon Business School, University of Lyon 3 
 
Role: Operations manager. He launches and structures all new Time for the Planet
                         
projects, before handing over management to the partners.  
 
He is in charge of:  
- convincing major investors; 
- building Time for the Planet’s development committee (the Board) and network; 
- supporting subsidiary founders at a commercial and managerial level; and 
- automating anything that can be automated. 
- Launching new projects  
 
Main qualities: influence, conviction, imagination, speed, agility 
 
Know-how:  
. Business creation 
. Raising funds - strategy, documentation, and investor relations. 
. Digital - Google SEO, process automatization, growth hacking, recruitment and
                     
managing IT engineers 
 
 
   
Investment Brief for the Planet / Draft - Time for the Planet  48 
 
 
Focused on Time for the Planet’s core values, the CPO builds and sculpts the company’s
                             
brand image. The initiator and guardian of the company’s culture, through writing and
                         
presence, the design of corporate communication - files, websites, videos, deck pitches
                       
and presentations- and through his responsibility towards associates, employees and
                   
volunteers,   
 
Education: Master’s in Company Management and Administration (IAE Lyon III)
                   
and Master’s in International Law (University of Lyon 3) 
 
Founder/co-founder of 3 companies: 
 
2008. Vitacolo: Kids’ vacation camps 220 temporary employees per year. A socially
                       
responsible business that organizes more than 2,000 weeks of vacation per year. It also
                           
finances trips for up to 70 special needs or disadvantaged children. 
2016. L’Atenium: theme bar operating on the principles of the “liberated” or “F-Form”
                         
company. 
2019. Houblon du Moulin: production, processing and direct sale of hops using organic
                         
agriculture. 
 
Role: Define Time for the Planet’s strategy and culture. Deliver information to
                       
subsidiaries. 
He is in charge of: 
● Defining strategy, in consultation with the co-founders, Board and employees 
● Managing continuous improvement of communication materials  
● Managing stakeholders, such as service-providers, employees and volunteers 
● Managing live events 
 
Main qualities: values, emotional intelligence, vision, educational practices 
 
Know-how: Team management / Organizing people and logistics / Strategy 
Investment Brief for the Planet / Draft - Time for the Planet  49 
 
   
Nicolas Sabatier 
 
CPO: Chief Product 
Officer 
Time for the Planet’s CAO is pragmatic. He is driven by processes and spreadsheets.
                           
Able to juggle with any technical subject. With such attention to detail, no organizational
                           
weakness ever escapes his attention.  
 
Education: Master’s from Kedge School of Business and Management, Bordeaux 
 
Co-founder and/or managing partner of 4 companies: 
2013-2018 - Image Audit: A fast-growing network of accounting expertise specializing in
                       
business creation with priority for the use and development of digital tools. Over 400
                           
employees. 
2016 - Everest: Audio-visual production and post-production studio based in Paris and
                       
Shanghai. 
2016 - L’Atenium: Theme bar operating on the principles of the “liberated” or “F-Form”
                           
company. 
2019 - Everest: New generation surveying firm. 
 
Role: Ensure the smooth day-to-day operation of Time for the Planet’s components. 
He is in charge of: 
● Managing Time for the Planet on a daily basis, ensuring that projects launched
                         
and Time for the Planet’s team are functioning properly, using resources wisely,
                       
and progressing in a timely fashion  
● Monitoring subsidiary progress for organizational, legal, financial and structural
                 
issues 
● Closing financial deals following investors’ verbal agreement 
● Producing documentation for institutions 
● Managing administrative and financial aspects 
 
Main qualities: organized, reliable, emotional intelligence, optimistic 
Know-how:  
● Business creation, particularly the legal and financial aspects of business creation 
● Company structure/process creation 
● Team management / Business Development 
Investment Brief for the Planet / Draft - Time for the Planet  50 
 
 
Laurent Morel 
 
CAO: Chief Architect 
Officer 
The CCO loves making pitches, spreading the word about Time for the Planet, and
                           
growing the number of supporters. Great at explaining things, she finds the right words
                           
to encourage as many people as possible to join Time for the Planet. 
 
Education: Sciences Po Paris/ HEC Paris/ University of Berkeley, California 
 
2013- 2020: Founder and President of the start-up Artips for 7 years 
 
Starting out with only €1,000, Artips has become France’s leading digital cultural media,
                         
with 4 newsletters, over 1 million subscribers and opening rates over 60%. These free
                           
newsletters - Artips, Musiktips, Sciencetips and Economitips - use short format and
                       
storytelling to make knowledge accessible to all. 
 
In 2020, after 2 capital raising activities, Artips has more than 40 employees and works
                             
with prestigious public and private clients, such as CNRS, SNCF, BNP Paribas, Inserm and
                           
the Court of Auditors. It gives them visibility and helps to create training paths on the
                               
innovative micro-learning platform.    
 
Role: Managing Time for the Planet’s public relations, including press, conferences,
                     
investors and major accounts. 
She is in charge of: 
● Promoting Time for the Planet to the French and international press 
● Participating in as many public events as possible  
● Meeting and persuading investors including individuals, funds and companies 
● Content creation and training Time for the Planet ambassadors 
 
Main qualities: public speaking, representation, communication, educating and
               
strategy 
 
   
Investment Brief for the Planet / Draft - Time for the Planet  51 
 
 
 
Coline Debayle 
 
CCO: Chief 
Communications 
Officer 
Know-how: 
● Pitching: representing the company regardless of the situation  
● Creating fun and educational content  
● Raising funds - from business angels, funds and companies - and shareholder
                       
relations  
● Key account management    
Investment Brief for the Planet / Draft - Time for the Planet  52 
 
 
As a digital influencer, he knows how to spread the news about Time for the Planet’s
                               
mission. 
A fast worker, he uses Time for the Planet’s communication policy to deliver the
                           
message to the general public. 
 
Founder of several digital and community creation companies:  
 
Brainbox, CEO (currently being re-sold): The company has created, co-created and
                     
developed popular media in France. These media bring together millions of users and
                         
highly engaged communities, reaching millions of people each day.  
 
Start Corporation: The company developed a live group meeting application for
                     
cultural and leisure activities.  
After raising €430,000 and developing it for 2 years, the company was sold to a Belgian
                               
group.  
 
Triller, head of growth: Triller is a U.S. social network in competition with TikTok. Triller
                             
is growing exponentially in the USA, with more than 70 million users and €50 million
                             
raised, including from Carnegie and a number of American stars such as Snoop Dog and
                             
The Weekend.  
Arthur was part of the company's top 10 and was responsible for developing LATAM.  
 
- Content Creator: Social media influencer with over 100,000 followers in 2016, Arthur
                         
made videos that have been viewed more than 35 million times.  
He has also worked with many influencers across Europe and the United States.   
 
Role: Spread the Time for the Planet culture by building engaged digital and physical
                           
communities  
 
   
Investment Brief for the Planet / Draft - Time for the Planet  53 
 
 
 
Arthur Auboeuf  
 
CDO: Chief Digital 
Officer 
 
 
He is in charge of:  
 
● Managing and developing the Time for the Planet community and brand on
                       
social media.  
● Managing influencer relationships 
● Spreading the word about Time for the Planet in the public sphere.  
● Representing the company to the general public.  
 
Main qualities: Communication, diplomacy, persuasiveness, agility and optimism 
 
Know-how:  
● Communication - content creation and delivery, marketing/advertising,
             
community management and creation  
● Digital company set up - applications, sites and media.  
● Relationships with influencers, media, personalities, etc.  
  
   
Investment Brief for the Planet / Draft - Time for the Planet  54 
 
 
An ingenious engineer, the CTO leads Time for the Planet's scientific strategy to achieve
                           
maximum efficiency in its fight against global warming. Curious and rational, he ensures
                         
the consistency and relevance of the innovations implemented. 
 
Education: Supméca Engineer + Master’s in Business Management and
                 
Administration, IAE Lyon 3 
 
Managing partner and co-founder of 2 companies: 
2020 - Vert de Mousse: Green facades made from bryophyte, a type of moss  
2020 - Kahut (currently setting up): Elegant and eco-responsible wooden frame
                     
extensions 
2009-2019 - Dynergie: Innovation consulting, from detection of opportunities to market
                     
launch, making innovations real drivers of growth 
 
Role: Identify sector issues and find the most relevant, impactful innovations to address
                         
climate challenges on a global scale. 
He is in charge of: 
● Defining the detection process, then selecting innovations to be developed.  
● Building and facilitating a community of scientific experts to challenge and assess
                       
innovation relevance. 
● Participating in Time for the Planet’s strategic development. 
● Supporting subsidiary founders in implementing innovations 
 
Main qualities: ingenuity, mindfulness, team spirit, rational thinking 
 
Know-how:  
● Critical analysis of technological, economic, marketing innovations  
● Multi-disciplinary communication - with scientists, entrepreneurs, lawyers and
               
the administrative and financial players 
● Team management 
● Public funding for innovation, at regional, national and European level. 
Investment Brief for the Planet / Draft - Time for the Planet  55 
 
 
 
Denis Galha Garcia  
 
CTO: Chief Technical 
Officer 
 
Time for the Planet Investment Plan
Time for the Planet Investment Plan
Time for the Planet Investment Plan

More Related Content

Similar to Time for the Planet Investment Plan

Measuring social value_-_web
Measuring social value_-_webMeasuring social value_-_web
Measuring social value_-_webSantiago Guillen
 
Privatisation of Kajang Stadium into Reasearch Park
Privatisation of Kajang Stadium into Reasearch ParkPrivatisation of Kajang Stadium into Reasearch Park
Privatisation of Kajang Stadium into Reasearch ParkJulia ariffin
 
Entrepreneurship second assignment, M.Com, Commerce
Entrepreneurship second assignment, M.Com, CommerceEntrepreneurship second assignment, M.Com, Commerce
Entrepreneurship second assignment, M.Com, CommerceDanish Saqi
 
Project Manager Inc. Real Estate Development
Project Manager Inc. Real Estate DevelopmentProject Manager Inc. Real Estate Development
Project Manager Inc. Real Estate Developmentinventionjournals
 
Beyond Compliance: Four levels of Sustainability Engagement
Beyond Compliance: Four levels of Sustainability EngagementBeyond Compliance: Four levels of Sustainability Engagement
Beyond Compliance: Four levels of Sustainability EngagementEnergyCAP, Inc.
 
Sharing knowledge effectively across boundaries, between projects and organis...
Sharing knowledge effectively across boundaries, between projects and organis...Sharing knowledge effectively across boundaries, between projects and organis...
Sharing knowledge effectively across boundaries, between projects and organis...Association for Project Management
 
Port Development 2.0
Port Development 2.0Port Development 2.0
Port Development 2.0InduStreams
 
Business growth: material for exercises
Business growth: material for exercisesBusiness growth: material for exercises
Business growth: material for exercisesFogGuru MSCA Project
 
Green Investing: Towards a Clean Energy Infrastructure
Green Investing: Towards a Clean Energy InfrastructureGreen Investing: Towards a Clean Energy Infrastructure
Green Investing: Towards a Clean Energy InfrastructureAndy Dabydeen
 
Special Edition: A Call to Climate Action
Special Edition: A Call to Climate ActionSpecial Edition: A Call to Climate Action
Special Edition: A Call to Climate ActionSustainable Brands
 
Climate finance/Scale-up & replication CCXG GF March 2014
Climate finance/Scale-up & replication CCXG GF March 2014Climate finance/Scale-up & replication CCXG GF March 2014
Climate finance/Scale-up & replication CCXG GF March 2014OECD Environment
 
Paper on driving_innovation_in_large_corporations
Paper on driving_innovation_in_large_corporationsPaper on driving_innovation_in_large_corporations
Paper on driving_innovation_in_large_corporationsmitecenter
 
Paper on driving_innovation_in_large_corporations
Paper on driving_innovation_in_large_corporationsPaper on driving_innovation_in_large_corporations
Paper on driving_innovation_in_large_corporationsmitecenter
 
Startup factoriesv18
Startup factoriesv18Startup factoriesv18
Startup factoriesv18Startupi
 
The Startup Factories: The Rise of Accelerator Programs
The Startup Factories: The Rise of Accelerator ProgramsThe Startup Factories: The Rise of Accelerator Programs
The Startup Factories: The Rise of Accelerator ProgramsVasily Ryzhonkov
 

Similar to Time for the Planet Investment Plan (20)

Measuring social value_-_web
Measuring social value_-_webMeasuring social value_-_web
Measuring social value_-_web
 
SeeO2 Fund
SeeO2 FundSeeO2 Fund
SeeO2 Fund
 
Privatisation of Kajang Stadium into Reasearch Park
Privatisation of Kajang Stadium into Reasearch ParkPrivatisation of Kajang Stadium into Reasearch Park
Privatisation of Kajang Stadium into Reasearch Park
 
Venture capital
Venture capitalVenture capital
Venture capital
 
Entrepreneurship second assignment, M.Com, Commerce
Entrepreneurship second assignment, M.Com, CommerceEntrepreneurship second assignment, M.Com, Commerce
Entrepreneurship second assignment, M.Com, Commerce
 
Project Manager Inc. Real Estate Development
Project Manager Inc. Real Estate DevelopmentProject Manager Inc. Real Estate Development
Project Manager Inc. Real Estate Development
 
Beyond Compliance: Four levels of Sustainability Engagement
Beyond Compliance: Four levels of Sustainability EngagementBeyond Compliance: Four levels of Sustainability Engagement
Beyond Compliance: Four levels of Sustainability Engagement
 
Sharing knowledge effectively across boundaries, between projects and organis...
Sharing knowledge effectively across boundaries, between projects and organis...Sharing knowledge effectively across boundaries, between projects and organis...
Sharing knowledge effectively across boundaries, between projects and organis...
 
Port Development 2.0
Port Development 2.0Port Development 2.0
Port Development 2.0
 
Business growth: material for exercises
Business growth: material for exercisesBusiness growth: material for exercises
Business growth: material for exercises
 
Green Investing Report
Green Investing ReportGreen Investing Report
Green Investing Report
 
Green Investing: Towards a Clean Energy Infrastructure
Green Investing: Towards a Clean Energy InfrastructureGreen Investing: Towards a Clean Energy Infrastructure
Green Investing: Towards a Clean Energy Infrastructure
 
Le camping . Pitch Deck
Le camping . Pitch DeckLe camping . Pitch Deck
Le camping . Pitch Deck
 
Special Edition: A Call to Climate Action
Special Edition: A Call to Climate ActionSpecial Edition: A Call to Climate Action
Special Edition: A Call to Climate Action
 
Climate finance/Scale-up & replication CCXG GF March 2014
Climate finance/Scale-up & replication CCXG GF March 2014Climate finance/Scale-up & replication CCXG GF March 2014
Climate finance/Scale-up & replication CCXG GF March 2014
 
Paper on driving_innovation_in_large_corporations
Paper on driving_innovation_in_large_corporationsPaper on driving_innovation_in_large_corporations
Paper on driving_innovation_in_large_corporations
 
Paper on driving_innovation_in_large_corporations
Paper on driving_innovation_in_large_corporationsPaper on driving_innovation_in_large_corporations
Paper on driving_innovation_in_large_corporations
 
Startup factoriesv18
Startup factoriesv18Startup factoriesv18
Startup factoriesv18
 
The Startup Factories: The Rise of Accelerator Programs
The Startup Factories: The Rise of Accelerator ProgramsThe Startup Factories: The Rise of Accelerator Programs
The Startup Factories: The Rise of Accelerator Programs
 
Honda
HondaHonda
Honda
 

More from Laurent Morel

Dossier _ Décarboner l'économie - Les Dividendes Climat
Dossier _ Décarboner l'économie - Les Dividendes ClimatDossier _ Décarboner l'économie - Les Dividendes Climat
Dossier _ Décarboner l'économie - Les Dividendes ClimatLaurent Morel
 
Open source cash machine.pdf
Open source cash machine.pdfOpen source cash machine.pdf
Open source cash machine.pdfLaurent Morel
 
Dossier Scientifique.pdf
Dossier Scientifique.pdfDossier Scientifique.pdf
Dossier Scientifique.pdfLaurent Morel
 
Dossier d'investissement.pdf
Dossier d'investissement.pdfDossier d'investissement.pdf
Dossier d'investissement.pdfLaurent Morel
 
Comptes annuels 2022
Comptes annuels 2022Comptes annuels 2022
Comptes annuels 2022Laurent Morel
 
PV Décisions Gérance .docx.pdf
PV Décisions Gérance .docx.pdfPV Décisions Gérance .docx.pdf
PV Décisions Gérance .docx.pdfLaurent Morel
 
Charte conflits d'intérêts (5).pdf
Charte conflits d'intérêts (5).pdfCharte conflits d'intérêts (5).pdf
Charte conflits d'intérêts (5).pdfLaurent Morel
 
Charte_evaluateur_2021-11.pdf
Charte_evaluateur_2021-11.pdfCharte_evaluateur_2021-11.pdf
Charte_evaluateur_2021-11.pdfLaurent Morel
 
Rapport de l'OTI sur société à mission
Rapport de l'OTI sur société à missionRapport de l'OTI sur société à mission
Rapport de l'OTI sur société à missionLaurent Morel
 
Avis motive société à mission.pdf
Avis motive société à mission.pdfAvis motive société à mission.pdf
Avis motive société à mission.pdfLaurent Morel
 
Comptes annuels 2021
Comptes annuels 2021Comptes annuels 2021
Comptes annuels 2021Laurent Morel
 
Dossier d'investissement
Dossier d'investissementDossier d'investissement
Dossier d'investissementLaurent Morel
 
Le parcours de mon argent
Le parcours de mon argentLe parcours de mon argent
Le parcours de mon argentLaurent Morel
 
Pdf24 images merged-2 (1)
Pdf24 images merged-2 (1)Pdf24 images merged-2 (1)
Pdf24 images merged-2 (1)Laurent Morel
 
Parcours argent time
Parcours argent timeParcours argent time
Parcours argent timeLaurent Morel
 
Parcours argent time
Parcours argent timeParcours argent time
Parcours argent timeLaurent Morel
 
infographie sélection innovations
infographie sélection innovationsinfographie sélection innovations
infographie sélection innovationsLaurent Morel
 
Infographie process sélection innovations
Infographie process sélection innovationsInfographie process sélection innovations
Infographie process sélection innovationsLaurent Morel
 

More from Laurent Morel (20)

Dossier _ Décarboner l'économie - Les Dividendes Climat
Dossier _ Décarboner l'économie - Les Dividendes ClimatDossier _ Décarboner l'économie - Les Dividendes Climat
Dossier _ Décarboner l'économie - Les Dividendes Climat
 
Open source cash machine.pdf
Open source cash machine.pdfOpen source cash machine.pdf
Open source cash machine.pdf
 
Dossier Scientifique.pdf
Dossier Scientifique.pdfDossier Scientifique.pdf
Dossier Scientifique.pdf
 
Dossier d'investissement.pdf
Dossier d'investissement.pdfDossier d'investissement.pdf
Dossier d'investissement.pdf
 
Comptes annuels 2022
Comptes annuels 2022Comptes annuels 2022
Comptes annuels 2022
 
Bilan carbone 2022
Bilan carbone 2022 Bilan carbone 2022
Bilan carbone 2022
 
PV Décisions Gérance .docx.pdf
PV Décisions Gérance .docx.pdfPV Décisions Gérance .docx.pdf
PV Décisions Gérance .docx.pdf
 
Charte conflits d'intérêts (5).pdf
Charte conflits d'intérêts (5).pdfCharte conflits d'intérêts (5).pdf
Charte conflits d'intérêts (5).pdf
 
Charte_evaluateur_2021-11.pdf
Charte_evaluateur_2021-11.pdfCharte_evaluateur_2021-11.pdf
Charte_evaluateur_2021-11.pdf
 
Rapport de l'OTI sur société à mission
Rapport de l'OTI sur société à missionRapport de l'OTI sur société à mission
Rapport de l'OTI sur société à mission
 
Avis motive société à mission.pdf
Avis motive société à mission.pdfAvis motive société à mission.pdf
Avis motive société à mission.pdf
 
Comptes annuels 2021
Comptes annuels 2021Comptes annuels 2021
Comptes annuels 2021
 
Dossier d'investissement
Dossier d'investissementDossier d'investissement
Dossier d'investissement
 
Le parcours de mon argent
Le parcours de mon argentLe parcours de mon argent
Le parcours de mon argent
 
Pdf24 images merged-2 (1)
Pdf24 images merged-2 (1)Pdf24 images merged-2 (1)
Pdf24 images merged-2 (1)
 
Parcours argent time
Parcours argent timeParcours argent time
Parcours argent time
 
Parcours argent time
Parcours argent timeParcours argent time
Parcours argent time
 
Poster evaluations
Poster evaluationsPoster evaluations
Poster evaluations
 
infographie sélection innovations
infographie sélection innovationsinfographie sélection innovations
infographie sélection innovations
 
Infographie process sélection innovations
Infographie process sélection innovationsInfographie process sélection innovations
Infographie process sélection innovations
 

Recently uploaded

9654467111 Low Rate Call Girls In Tughlakabad, Delhi NCR
9654467111 Low Rate Call Girls In Tughlakabad, Delhi NCR9654467111 Low Rate Call Girls In Tughlakabad, Delhi NCR
9654467111 Low Rate Call Girls In Tughlakabad, Delhi NCRSapana Sha
 
OKC Thunder Reveal Game 2 Playoff T Shirts
OKC Thunder Reveal Game 2 Playoff T ShirtsOKC Thunder Reveal Game 2 Playoff T Shirts
OKC Thunder Reveal Game 2 Playoff T Shirtsrahman018755
 
No 1 AMil Baba In Islamabad No 1 Amil Baba In Lahore No 1 Amil Baba In Faisl...
No 1 AMil Baba In Islamabad  No 1 Amil Baba In Lahore No 1 Amil Baba In Faisl...No 1 AMil Baba In Islamabad  No 1 Amil Baba In Lahore No 1 Amil Baba In Faisl...
No 1 AMil Baba In Islamabad No 1 Amil Baba In Lahore No 1 Amil Baba In Faisl...First NO1 World Amil baba in Faisalabad
 
如何办理东俄勒冈大学毕业证(文凭)EOU学位证书
如何办理东俄勒冈大学毕业证(文凭)EOU学位证书如何办理东俄勒冈大学毕业证(文凭)EOU学位证书
如何办理东俄勒冈大学毕业证(文凭)EOU学位证书Fir La
 
VIP 7001035870 Find & Meet Hyderabad Call Girls Abids high-profile Call Girl
VIP 7001035870 Find & Meet Hyderabad Call Girls Abids high-profile Call GirlVIP 7001035870 Find & Meet Hyderabad Call Girls Abids high-profile Call Girl
VIP 7001035870 Find & Meet Hyderabad Call Girls Abids high-profile Call Girladitipandeya
 
如何办理伦敦大学毕业证(文凭)London学位证书
如何办理伦敦大学毕业证(文凭)London学位证书如何办理伦敦大学毕业证(文凭)London学位证书
如何办理伦敦大学毕业证(文凭)London学位证书Fis s
 
Short-, Mid-, and Long-term gxxoals.pptx
Short-, Mid-, and Long-term gxxoals.pptxShort-, Mid-, and Long-term gxxoals.pptx
Short-, Mid-, and Long-term gxxoals.pptxHenryBriggs2
 
《加州大学圣克鲁兹分校学位证书复制》Q微信741003700美国学历疑难问题指南|挂科被加州大学圣克鲁兹分校劝退没有毕业证怎么办?《UCSC毕业证购买|加...
《加州大学圣克鲁兹分校学位证书复制》Q微信741003700美国学历疑难问题指南|挂科被加州大学圣克鲁兹分校劝退没有毕业证怎么办?《UCSC毕业证购买|加...《加州大学圣克鲁兹分校学位证书复制》Q微信741003700美国学历疑难问题指南|挂科被加州大学圣克鲁兹分校劝退没有毕业证怎么办?《UCSC毕业证购买|加...
《加州大学圣克鲁兹分校学位证书复制》Q微信741003700美国学历疑难问题指南|挂科被加州大学圣克鲁兹分校劝退没有毕业证怎么办?《UCSC毕业证购买|加...wyqazy
 
VIP Kolkata Call Girls Bidhannagar 8250192130 Available With Room
VIP Kolkata Call Girls Bidhannagar 8250192130 Available With RoomVIP Kolkata Call Girls Bidhannagar 8250192130 Available With Room
VIP Kolkata Call Girls Bidhannagar 8250192130 Available With Roomrran7532
 
Call Girl Kolkata Sia 🤌 8250192130 🚀 Vip Call Girls Kolkata
Call Girl Kolkata Sia 🤌  8250192130 🚀 Vip Call Girls KolkataCall Girl Kolkata Sia 🤌  8250192130 🚀 Vip Call Girls Kolkata
Call Girl Kolkata Sia 🤌 8250192130 🚀 Vip Call Girls Kolkataanamikaraghav4
 
Cyberagent_For New Investors_EN_240424.pdf
Cyberagent_For New Investors_EN_240424.pdfCyberagent_For New Investors_EN_240424.pdf
Cyberagent_For New Investors_EN_240424.pdfCyberAgent, Inc.
 
如何办理密苏里大学堪萨斯分校毕业证(文凭)UMKC学位证书
如何办理密苏里大学堪萨斯分校毕业证(文凭)UMKC学位证书如何办理密苏里大学堪萨斯分校毕业证(文凭)UMKC学位证书
如何办理密苏里大学堪萨斯分校毕业证(文凭)UMKC学位证书Fir La
 
Osisko Gold Royalties Ltd - Corporate Presentation, April 23, 2024
Osisko Gold Royalties Ltd - Corporate Presentation, April 23, 2024Osisko Gold Royalties Ltd - Corporate Presentation, April 23, 2024
Osisko Gold Royalties Ltd - Corporate Presentation, April 23, 2024Osisko Gold Royalties Ltd
 
VIP 7001035870 Find & Meet Hyderabad Call Girls Banjara Hills high-profile Ca...
VIP 7001035870 Find & Meet Hyderabad Call Girls Banjara Hills high-profile Ca...VIP 7001035870 Find & Meet Hyderabad Call Girls Banjara Hills high-profile Ca...
VIP 7001035870 Find & Meet Hyderabad Call Girls Banjara Hills high-profile Ca...aditipandeya
 
Nicola Mining Inc. Corporate Presentation April 2024
Nicola Mining Inc. Corporate Presentation April 2024Nicola Mining Inc. Corporate Presentation April 2024
Nicola Mining Inc. Corporate Presentation April 2024nicola_mining
 

Recently uploaded (20)

Model Call Girl in Udyog Vihar Delhi reach out to us at 🔝9953056974🔝
Model Call Girl in Udyog Vihar Delhi reach out to us at 🔝9953056974🔝Model Call Girl in Udyog Vihar Delhi reach out to us at 🔝9953056974🔝
Model Call Girl in Udyog Vihar Delhi reach out to us at 🔝9953056974🔝
 
9654467111 Low Rate Call Girls In Tughlakabad, Delhi NCR
9654467111 Low Rate Call Girls In Tughlakabad, Delhi NCR9654467111 Low Rate Call Girls In Tughlakabad, Delhi NCR
9654467111 Low Rate Call Girls In Tughlakabad, Delhi NCR
 
Call Girls 🫤 Nehru Place ➡️ 9999965857 ➡️ Delhi 🫦 Russian Escorts FULL ENJOY
Call Girls 🫤 Nehru Place ➡️ 9999965857  ➡️ Delhi 🫦  Russian Escorts FULL ENJOYCall Girls 🫤 Nehru Place ➡️ 9999965857  ➡️ Delhi 🫦  Russian Escorts FULL ENJOY
Call Girls 🫤 Nehru Place ➡️ 9999965857 ➡️ Delhi 🫦 Russian Escorts FULL ENJOY
 
OKC Thunder Reveal Game 2 Playoff T Shirts
OKC Thunder Reveal Game 2 Playoff T ShirtsOKC Thunder Reveal Game 2 Playoff T Shirts
OKC Thunder Reveal Game 2 Playoff T Shirts
 
No 1 AMil Baba In Islamabad No 1 Amil Baba In Lahore No 1 Amil Baba In Faisl...
No 1 AMil Baba In Islamabad  No 1 Amil Baba In Lahore No 1 Amil Baba In Faisl...No 1 AMil Baba In Islamabad  No 1 Amil Baba In Lahore No 1 Amil Baba In Faisl...
No 1 AMil Baba In Islamabad No 1 Amil Baba In Lahore No 1 Amil Baba In Faisl...
 
如何办理东俄勒冈大学毕业证(文凭)EOU学位证书
如何办理东俄勒冈大学毕业证(文凭)EOU学位证书如何办理东俄勒冈大学毕业证(文凭)EOU学位证书
如何办理东俄勒冈大学毕业证(文凭)EOU学位证书
 
VIP 7001035870 Find & Meet Hyderabad Call Girls Abids high-profile Call Girl
VIP 7001035870 Find & Meet Hyderabad Call Girls Abids high-profile Call GirlVIP 7001035870 Find & Meet Hyderabad Call Girls Abids high-profile Call Girl
VIP 7001035870 Find & Meet Hyderabad Call Girls Abids high-profile Call Girl
 
Preet Vihar (Delhi) 9953330565 Escorts, Call Girls Services
Preet Vihar (Delhi) 9953330565 Escorts, Call Girls ServicesPreet Vihar (Delhi) 9953330565 Escorts, Call Girls Services
Preet Vihar (Delhi) 9953330565 Escorts, Call Girls Services
 
如何办理伦敦大学毕业证(文凭)London学位证书
如何办理伦敦大学毕业证(文凭)London学位证书如何办理伦敦大学毕业证(文凭)London学位证书
如何办理伦敦大学毕业证(文凭)London学位证书
 
Short-, Mid-, and Long-term gxxoals.pptx
Short-, Mid-, and Long-term gxxoals.pptxShort-, Mid-, and Long-term gxxoals.pptx
Short-, Mid-, and Long-term gxxoals.pptx
 
《加州大学圣克鲁兹分校学位证书复制》Q微信741003700美国学历疑难问题指南|挂科被加州大学圣克鲁兹分校劝退没有毕业证怎么办?《UCSC毕业证购买|加...
《加州大学圣克鲁兹分校学位证书复制》Q微信741003700美国学历疑难问题指南|挂科被加州大学圣克鲁兹分校劝退没有毕业证怎么办?《UCSC毕业证购买|加...《加州大学圣克鲁兹分校学位证书复制》Q微信741003700美国学历疑难问题指南|挂科被加州大学圣克鲁兹分校劝退没有毕业证怎么办?《UCSC毕业证购买|加...
《加州大学圣克鲁兹分校学位证书复制》Q微信741003700美国学历疑难问题指南|挂科被加州大学圣克鲁兹分校劝退没有毕业证怎么办?《UCSC毕业证购买|加...
 
young Call girls in Dwarka sector 1🔝 9953056974 🔝 Delhi escort Service
young Call girls in Dwarka sector 1🔝 9953056974 🔝 Delhi escort Serviceyoung Call girls in Dwarka sector 1🔝 9953056974 🔝 Delhi escort Service
young Call girls in Dwarka sector 1🔝 9953056974 🔝 Delhi escort Service
 
VIP Kolkata Call Girls Bidhannagar 8250192130 Available With Room
VIP Kolkata Call Girls Bidhannagar 8250192130 Available With RoomVIP Kolkata Call Girls Bidhannagar 8250192130 Available With Room
VIP Kolkata Call Girls Bidhannagar 8250192130 Available With Room
 
Call Girl Kolkata Sia 🤌 8250192130 🚀 Vip Call Girls Kolkata
Call Girl Kolkata Sia 🤌  8250192130 🚀 Vip Call Girls KolkataCall Girl Kolkata Sia 🤌  8250192130 🚀 Vip Call Girls Kolkata
Call Girl Kolkata Sia 🤌 8250192130 🚀 Vip Call Girls Kolkata
 
Cyberagent_For New Investors_EN_240424.pdf
Cyberagent_For New Investors_EN_240424.pdfCyberagent_For New Investors_EN_240424.pdf
Cyberagent_For New Investors_EN_240424.pdf
 
如何办理密苏里大学堪萨斯分校毕业证(文凭)UMKC学位证书
如何办理密苏里大学堪萨斯分校毕业证(文凭)UMKC学位证书如何办理密苏里大学堪萨斯分校毕业证(文凭)UMKC学位证书
如何办理密苏里大学堪萨斯分校毕业证(文凭)UMKC学位证书
 
Osisko Gold Royalties Ltd - Corporate Presentation, April 23, 2024
Osisko Gold Royalties Ltd - Corporate Presentation, April 23, 2024Osisko Gold Royalties Ltd - Corporate Presentation, April 23, 2024
Osisko Gold Royalties Ltd - Corporate Presentation, April 23, 2024
 
young call girls in Govindpuri 🔝 9953056974 🔝 Delhi escort Service
young call girls in Govindpuri 🔝 9953056974 🔝 Delhi escort Serviceyoung call girls in Govindpuri 🔝 9953056974 🔝 Delhi escort Service
young call girls in Govindpuri 🔝 9953056974 🔝 Delhi escort Service
 
VIP 7001035870 Find & Meet Hyderabad Call Girls Banjara Hills high-profile Ca...
VIP 7001035870 Find & Meet Hyderabad Call Girls Banjara Hills high-profile Ca...VIP 7001035870 Find & Meet Hyderabad Call Girls Banjara Hills high-profile Ca...
VIP 7001035870 Find & Meet Hyderabad Call Girls Banjara Hills high-profile Ca...
 
Nicola Mining Inc. Corporate Presentation April 2024
Nicola Mining Inc. Corporate Presentation April 2024Nicola Mining Inc. Corporate Presentation April 2024
Nicola Mining Inc. Corporate Presentation April 2024
 

Time for the Planet Investment Plan

  • 1.
  • 2.     CONTENTS    I. Time for the Planet - Our reason for being 5  1st action: Create companies that bring together inventors, entrepreneurs and                     investors. 5  2nd action: Make all innovations open source 6  3rd action: Money is power 6  4th action: Reinvesting all profits and creating a new indicator - the PRR (Planet Rate                               of Return) 6  II. Concept and Roadmap 8  Creation of a partnership limited by shares 8  Communication to the general public 8  Beta-testing and public offering 8  “Industrial” launch of companies created 8  Global impact 8  Management and exits 8  Exits and reinvestment 8  Spin-offs and Time for the Planet’s possible dissolution 9  2.1. The Time for the Planet Concept 9  Financial aspect 9  Inventions/inventors 9  Entrepreneurs 10  2.2. Road Map 11  Step 1: Proof 12  Step 2: 1st semester 2020: Creation of a partnership limited by shares 12  Step 4: 2021: Beta-testing and public offering 13  Step 5: 2022: 14  Step 6: 2023-2025: Global impact 14  Step 7: 2025-2031: Management and exits 14  Step 8: 2031: Exits and reinvestment 15  Step9: Spin-offs and Time for the Planet’s possible dissolution 15  III. Key Monitoring Indicators 16  3.1. Impact monitoring using the Net Zero Initiative framework 16  3.2 PRR performance monitoring: Planet Rate of Return 18  3.2.1 The CO2 equivalent ton 18  3.2.2 Investment 18  3.2.3 Term 18  Investment Brief for the Planet / Draft - Time for the Planet  1   
  • 3. 3.2.4 Planet rate of return 18  Calculate your impact as a Time for the Planet shareholder 19  3.3 Financial performance - Internal Rate of Return (IRR) 20  3.3.1 Dividend distribution policy 20  3.3.2 Reselling shares 20  3.2.3 Internal rate of return (IRR) 20  3.3.3 Risk of loss of invested capital 20  IV. Time for the Planet’s investment vision 21  4.1. Criteria 21  4.2. Scope of action 21  4.3. Deal flow 22  4.4. Objectives 23  Reduction or capture of GHGs 23  Profitability 23  V. Time for the Planet supports its subsidiaries 24  5.1. Time for the Planet: Startup Studio? An investment fund? An incubator? 24  5.2. Open source: the secret weapon for saving the planet 24  5.2.1. Sharing technology to accelerate solving problems globally 24  5.2.2. Open source and free licenses: rights and responsibilities 25  5.2.3 Open-source economic models 25  5.3. Advantages of Time for the Planet as majority shareholder 26  Faster and less costly results 26  Paradigm shift 26  Raising funds: we take care of everything 26  Networking 27  Visibility and credibility 27  5.4. Methodology 28  Choosing the scientific problem 28  Finding the scientific solution’s competitive advantage 28  Recruiting the subsidiary’s initial team 28  Testing the market opportunity 28  Creating the subsidiary’s Supervisory Board 28  Creation of the company, MVP design, and seed funding 28  Open-source strategy and progressive investments for the company’s                 development 28  Exit from subsidiaries 28        Investment Brief for the Planet / Draft - Time for the Planet  2   
  • 4. VI. Legal structure and governance 38  A mission-led company: one of the first in France. 38  6.1 Our initial legal form: 38  6.2 Our current legal form: Partnership Limited by Shares 38  6.2.1. General Partner(s): 38  6.2.2 Limited partners or shareholders: 39  6.2.3 Management 39  6.2.4 Supervisory Board 39  6.2.5 Corporate governance framework 40  6.2.6 Share capital and valuation 41  6.2.7 Sale and purchase of shares 41  6.3 Public offering of financial securities/French Financial Markets Authority (AMF) 41  6.4 Our legal counsel 42  6.5 Investments in subsidiaries 42  6.5.1 The selection and validation process 42  Preselection through collective intelligence 42  Scientific Committee Validation 42  Potential market validation 43  Final and ethical validation 44  6.5.2 Requests for re-investment 44  6.6 Companies in difficulty and ceasing to trade 45  VII. Our Charter 46  7.1 Our assessment: the absolute urgency of the environmental crisis 46  7.2 The Power of Entrepreneurship 46  7.3 Not for Profit 46  7.4 Creating and financing ambitious companies 46  7.5 Open Source 47  7.6 Collective Intelligence 47  7.7 Mindfulness 47  7.8 Transparency 47  7.9 Ethics 47  VIII. The Team 48  8.1 The Current Team 48  8.1.1 The founders C 48  8.1. 2 Time for the Planet’s teams 57  8.2 The teams in 5 years 58  Conclusion 59      Investment Brief for the Planet / Draft - Time for the Planet  3   
  • 5.   I. Time for the Planet - Our reason for being     Life on Earth is in danger. .    Our lifestyle and global economy will not survive the impending disasters caused                         by climate change. A rise of 3°C in the world’s temperature is not bearable. It                               would be disastrous: billions of climate refugees, the destruction of major coastal                         cities, wars for water, unpredictable epidemics, diminishing arable land for a                       growing population and economic crises due to insufficient energy resources                     (given oil is increasingly difficult to produce and there is no real alternative to                             carbon-based energy).     We are the last generation that can act against climate change. Later will be                             too late.    To survive, humanity will need to focus its efforts and resources on the issue of                               climate change.      Time for the Planet has a plan:    1st action: Create companies that bring together               inventors, entrepreneurs and investors.    We believe in human ingenuity. We know that, around the world, scientists and                           inventors are developing solutions that can stop climate change.     Those inventions must be developed for business use and global markets as                         quickly as possible.    Inventors need to be linked with seasoned entrepreneurs and they need                       investment.     That’s where Time for Planet comes in.    But there’s more.    Investment Brief for the Planet / Draft - Time for the Planet  4   
  • 6.     2nd action: Make all innovations open source    Creating companies to develop inventions is not enough. The risks are too high                           and growth will be too slow. What’s more, if findings are kept secret, worldwide                             impact will take too long.    All of Time for the Planet’s discoveries will be open source.    The aim is to use human ingenuity to copy, improve and distribute inventions                           that are crucial for the survival of humanity as quickly as possible.    We are entering an era of global cooperation.      “Research is now community driven -             Galileo worked alone.”    Jean Jouzel, climatologist and Nobel Peace             prize-winner with the IPCC in 2007,    Time for the Planet Member        3rd action: Money is power    Time’s up! We have to act very, very quickly. That’s why substantial amounts must                             be invested - and fast. On average, a round of funding takes nine months, during                               which the company slows R&D and sales efforts.    We want rapid funding for successful companies. We do not want the founders to                             spend months making sales pitches to dozens of investment funds.     4th action: Reinvesting all profits and creating a new                   indicator - the PRR (Planet Rate of Return)    Investment Brief for the Planet / Draft - Time for the Planet  5   
  • 7. Companies created by Time for the Planet will need to address both an                           environmental issue and be profitable. Companies that generate profit will pay a                         portion to Time for the Planet.    We reinvest 100% of the surplus and create new companies so Time for the                             Planet can multiply its impact.    Consequently, steering Time for the Planet cannot be based on a traditional                         internal rate of return. We have created a new indicator: The PRR (the Planet Rate                               of Return).              Investment Brief for the Planet / Draft - Time for the Planet  6   
  • 8.   II. Concept and Roadmap    Building Time for the Planet will be a succession of iterations.     The vision of what we hope to accomplish is presented below. The steps will change                               over time.    In section 2.1, we will present our concept and demonstrate Time for the Planet’s                             potential. Then in section 2.2, we’ll present our roadmap.           Proof of Concept    Creation of a partnership limited by shares    Communication to the general public    Beta-testing and public offering     “Industrial” launch of companies created    Global impact    Management and exits    Exits and reinvestment    Spin-offs and Time for the Planet’s possible               dissolution      Investment Brief for the Planet / Draft - Time for the Planet  7   
  • 9.    2.1. The Time for the Planet Concept    Time for the Planet has three building blocks:  1. an inventor who has uncovered a solution to a major environmental problem;   2. a team of confirmed entrepreneurs to roll out this invention globally; and  3. money to finance the company’s rapid development.    We will implement our concept in the following manner to demonstrate goal                         achievement:      a) Financial aspect    Demonstrate that citizens, entrepreneurs, investors and others who can buy shares are                         ready to invest in Time for the Planet in order to save the planet. For starters, we must                                     raise at least €3 to €5 million to prove that:  ● People from all walks of life want to fight global warming on a large scale.  ● Some of these individuals are prepared to use their own money for more than                             just financial gain.  ● Time for the Planet can become huge.  ● The community of citizens who invest can unite with financial backers who are                           also concerned by the systemic risk of climate change.      b) Inventions/inventors    Once the first sums have been raised, we will be able to invest and create the first one                                     to three companies. Time for the Planet already has priorities for action: cement-free                           construction, carbon capture, and DNA digital data storage. These priorities will evolve                         as new opportunities arise. Many inventors have already contacted us with very                         interesting projects.    Each company will receive start-up funds ranging from €500k to €1.5 million for a                             prototype, a first sale or a contract negotiation.        Investment Brief for the Planet / Draft - Time for the Planet  8   
  • 10.   Inventors trust us because:  ● We invest financially in their invention.  ● With Time for the Planet, their invention is global. They help radically change the                             world and save the planet.  ● We guarantee that private interests will not take ownership of their idea. With                           open source, their invention will endure rather than being buried for specifically                         financial reasons.  ● We find the best entrepreneurs to develop their invention’s full potential.  ● We pay them from the outset so they can devote themselves to their passion.  ● They can take over the company when Time for the Planet exits through capital                             reduction.    c) Entrepreneurs    The Time for the Planet model for business creation is different than traditional                           business practice:    ● Time for the Planet is the majority shareholder.    ● In return, entrepreneurs:  ○ Receive remuneration from the start:  ○ Receive hassle-free start-up funding;  ○ Become the company owners when Time for the Planet exits.    We will build our teams of entrepreneurs using a ratio of one to two entrepreneurs per                                 inventor.       Investment Brief for the Planet / Draft - Time for the Planet  9   
  • 11. 2.2. Road Map Investment Brief for the Planet / Draft - Time for the Planet 10
  • 12. Step 1:     Proof     Objective 1. Convince early adopters to join Time for the Planet  2. Test two of our primary communication methods: conferences and                     social media. Raise funds using these two channels.  3. Build the Development Committee (Board)  4. Convince experienced entrepreneurs to join us and fund Time for the                         Planet.    Results at February 1, 2020:    Board: Jean Jouzel, the prominent French climatologist, Nobel Peace Prize joint winner (with                           IPCC and Thanh Nghiem), and former McKinsey partner, joins and brings his national and                             international network. She is working with us to continue building the Development                         Committee.     Conference: Over a three-week period, 300 registrations for the first session of December 5,                             2019.    Investment: 300 shareholders in 45 days raising €150k.   Step 2: 1st semester 2020: Creation of a partnership limited by shares  A partnership limited by shares, a French Société en Commandite par Actions (SCA), was                             created so the greatest number of individuals could join. A summary information                         document (DIS or Document d’Information Synthétique) is filed with AMF, the French                         financial regulatory agency, which makes it possible to collect up to €8 million over a                               12-month period. At a later date, we will file for approval of the prospectus with AMF.    This step focused on the company’s legal structure and the definition of governance.    Objectives:    1. Creation of the partnership limited by shares (SCA)  2. Continue to raise funds by first offering investors the opportunity to sign an                           investment pledge before making direct investments in the partnership when                     created. Goal: €800k  3. Test messages and conversion paths to prepare the construction of a vast online                           community.   Investment Brief for the Planet / Draft - Time for the Planet  11   
  • 13. 4. Develop awareness and recognition for Time for the Planet with conferences                       throughout France and on the web.  5. Establish a national and international development committee (investors,                 entrepreneurs, scientists, and celebrities among others)  The general public is regularly made aware of the danger of global warming. However,                             they are never presented with any far-reaching actions.     Objectives:     1. Time for the Planet must become a grassroots movement which is made                           public with intelligent communication using three channels:  ➢ Physical events throughout France.  ➢ Social communities. Goal: a community of 100,000 members.  ➢ The press.    2. Exceed one million euros in funds raised and have over 5,000 investors.     Step 4: 2021: Beta-testing and public offering   Objectives:     1. Create the first Time for the Planet subsidiary. Put together the first team for the                               first technology (See The concept). Then create up to two more subsidiaries.    2. Time for the Planet will become an investment product which appeals to banks                           and pension funds. They are regularly criticized for their high-carbon assets and                         want green investments. We will undertake advertising with their customers.     3. Global reach: Time for the Planet will open offices in the USA, China, Brazil, India                               and other countries abroad. Each branch office will be managed by local                         nationals who have a pre-existing network.     4. Exceed €10 million in funds raised and 20,000 investors      Investment Brief for the Planet / Draft - Time for the Planet  12   
  • 14.   Step 5: 2022:   1. Begin to create the first companies according to Time for the Planet’s                         methodology (See: Methodology)  - Maximum 10 companies  - First funds released: up to 50% of the amount raised so far.  - Recruitment of a full-time person to assist and act as go-between with the                           Time for the Planet network.    2. Exceed €50 million in funds raised and 100,000 investors  - Meet and convince the world's most influential millionaires and                   billionaires to invest.  - Use social media (Twitter/Facebook) to reach successful entrepreneurs, in                   areas like Silicon Valley, and convince them to invest substantial amounts.    -     Step 6: 2023-2025: Global impact  1. Create 30 new companies.  Learn from the experience of the first five creations to ensure smoother                         processes in the future.    2. Communicate widely about open-source technologies developed, creating a                 virtuous market for each one so they are deployed quickly and globally.    3. Exceed €250 million in funds raised and 500,000 investors.  Step 7: 2025-2031: Management and exits  1. Monitor and grow the companies created: regular investments according to                     needs, management of the teams of operational founders, communication on                     technologies, networking.    Investment Brief for the Planet / Draft - Time for the Planet  13   
  • 15. 2. Measure the subsidiaries’ impact on greenhouse gas emissions and the                     ecosystem created by the open-source use of each technology.     3. First exits by capital reduction (see Subsidiary Exit diagram). Each exit will return                           between 2 and 5 times the original amounts invested. Payment of dividends in                           companies where it is possible.    4. Create 40 new companies.    5. Reach €1 billion in funds raised and 10 million investors.  Step 8: 2031: Exits and reinvestment   Time for the Planet shareholders can request to recover their original investment, if the                             situation permits (see: The Purchase and Sale of Shares).     Firstly, Time for the Planet organizes the exit of shareholders who wish to, and then, if                                 possible, makes new investments.   Step9: Spin-offs and Time for the Planet’s possible dissolution  Time for the Planet encourages the creation of new organizations based on the same                             model. Further funds will be raised and profits generated by subsidiaries will be used to                               finance new creations.    Time for the Planet’s objective is to contribute to the reduction of global warming to 0°C                                 - defined as the rise in the average temperature of the planet over the last 30 years                                   compared to the average temperature of the pre-industrial era: 1850-1900. If this                         objective is reached, according to the methodology and data provided by the                         Intergovernmental Panel on Climate Change (IPCC), Time for the Planet will be                         dissolved. The assets will be shared as follows: Firstly, to refund initial shareholders.                           Remaining funds will be donated to the UN.      Investment Brief for the Planet / Draft - Time for the Planet  14   
  • 16. III. Key Monitoring Indicators    3.1. Impact monitoring using the Net Zero Initiative                 framework    To measure its impact on greenhouse gas (GHG) emissions and capture, Time for the                             Planet uses the Net Zero Initiative Framework developed by Carbone 4:                       http://www.netzero-initiative.com/en.    The framework describes and organizes climate actions to maximize contribution to global carbon neutrality.   GLOBAL ACTION WITH COMPANY PERSPECTIVE              Investment Brief for the Planet / Draft - Time for the Planet  15   
  • 17.     The framework is based on the idea that an organization must act in three complementary ways to contribute to global neutrality.    To contribute to the overall decline in emissions, organizations must:  1. Reduce their own direct and indirect emissions (A)  2. Reduce the emissions of others by (B):  – commercializing low carbon solutions under certain conditions;  – financing low-carbon projects outside its own value chain.    To help increase global sequestration, they must:  3. Improve carbon sinks by (C):  – developing carbon sequestration in their own operations and in their value chains;  – financing carbon sequestration projects outside their own value chain.    NET ZERO INITIATIVE DASHBOARD      These three actions are calculated in tons of CO2 equivalent.    The framework is used to measure and analyze Time for the Planet's global GHG impact,                               taking into account all investments made to reduce or capture GHGs.      Investment Brief for the Planet / Draft - Time for the Planet  16   
  • 18. 3.2 PRR performance monitoring: Planet Rate of               Return    The Planet Rate of Return (PRR) is one of Time for the Planet’s main indicators.  It monitors the impact of a financial investment on global greenhouse gas (GHG)                           emissions and, as a result, on the reduction of global warming.  The indicator shows the relationship between the decrease and/or capture of                       greenhouse gases and the amount invested.  3.2.1 The CO2 equivalent ton  The decrease and/or capture of GHGs is expressed in ton of CO2 equivalent.  The CO2 equivalent (CO2eq) of a greenhouse gas is the same amount of CO2 required                               to retain the sun’s radiation and hence, to provide the same radiative forcing.  Take methane (CH4). It has a radiative effect with the capacity to warm the planet 25                                 times that of CO2. One ton of methane released into the atmosphere is equivalent to 25                                 tons of CO2.  The gas with the highest warming potential is sulphur hexafluoride (SF6): 1 ton emits                             22,200 tons CO2 equivalent. However, it is only found in very small quantities in the                               atmosphere and is responsible for less than 0.3% of global warming.  3.2.2 Investment  Time for the Planet’s share capital is used to calculate the PRR. Time for the Planet aims                                   to raise its share capital annually until it reaches €1 billion.  3.2.3 Term  When calculating PRR, we estimate that an investment will have an impact for at least 10                                 years and be able to reduce GHGs significantly during this period.  Take the cost of solar panels which is generally spread over 12 to 15 years to calculate                                   profitability, even if they continue to operate well beyond that period.        Investment Brief for the Planet / Draft - Time for the Planet  17   
  • 19.   3.2.4 Planet rate of return    The calculation:    PRR = tons unemitted CO2 equivalent X 10 (years)  Time for the Planet capital (€)    This gives the number of tons of CO2 equivalent captured or unemitted per euro                             invested in Time for the Planet.  Time for the Planet aims to create and develop companies with a minimum PRR of 5%.                                 That’s 0.05 tons CO2 equivalent/euro invested, or a cost of €20 per ton of CO2                               equivalent.  To compare, in 2019, the price for one ton of CO2 on the financial markets fluctuated                                 around €25.   We aim to offer a cost per ton of CO2 well below market price. Our ability to position                                     ourselves below market price will be key to rapid and global deployment.    Calculate your impact as a Time for the Planet shareholder  For €2,400 invested in Time for the Planet over 10 years, with a PRR of 5%, we can avoid                                       at least 120 tons CO2 equivalent of emissions (€2,400 x 5%) or 12 tons CO2                               equivalent/year. That’s the same as the average CO2 emissions/year of one French                         person.  In other words, for every €100 invested with a PRR of 5%, we avoid or capture 5 tons of                                       CO2 or CO2 equivalent over 10 years.        Investment Brief for the Planet / Draft - Time for the Planet  18   
  • 20.   3.3 Financial performance - Internal Rate of Return                 (IRR)    3.3.1 Dividend distribution policy    The Time for the Planet founders and shareholders forgo profit distribution.                       According to the statutes, Time for the Planet reuses all profits to pursue its                             mission.    3.3.2 Reselling shares    The resale of shares by Time for the Planet shareholders to a third-party is                             possible at any time and for a freely defined price.  Note, however, that until the company’s capital reaches €1 billion, Time for the                           Planet will propose shares at €1 through regular annual capital increases.    To simplify the sale of shares and when financial conditions permit, Time for the                             Planet will offer to buy back shares at the initial purchase price after 10 years.                               (See Purchase and sale of shares)_kdz0j0p3bmai    3.2.3 Internal rate of return (IRR)    As shareholders have forgone dividends and Time for the Planet will buy back shares at                               the initial purchase value, the expected internal rate of return for a Time for the                               Planet investment is 0%.    3.3.3 Risk of loss of invested capital    Investment in Time for the Planet is a capital investment.  Note that we hope to be able to buy back investors’ shares, but this is not guaranteed.                                   As a result, investors risk losing all or part of their investment.      Investment Brief for the Planet / Draft - Time for the Planet  19   
  • 21.   IV. Time for the Planet’s investment vision    Time for the Planet’s only objective is to combat climate change effectively. It is                             therefore essential to invest only in companies that have a fundamental impact on                           greenhouse-gas emissions.     4.1. Criteria    The criteria used to establish our deal flow are:      4.2. Scope of action    Our Scientific Brief identifies 20 priority issues to be addressed in the fight against                             greenhouse gases at a global level.    We will participate in the following five areas:   ● energy  ● industry  ● transportation  ● agriculture  ● buildings    Our ambition is to develop solutions that:  ● Prevent GHG emissions  ● Improve energy efficiency  ● Reduce emissions  ● Capture GHGs      Investment Brief for the Planet / Draft - Time for the Planet  20          Global        Reduction of greenhouse gas  emissions: PRR of at least 5%        Immediate effects: as soon  as the company achieves  product-market fit 
  • 22.   MATRIX OF THE 20 ISSUES WE INTEND TO ADDRESS        4.3. Deal flow    Time for the Planet will not finance existing companies. We plan to create companies                             from scratch, bringing together a team of scientists and a team of entrepreneurs. We                             are involved prior to the business creation.    We seek the best inventors and inventions that address these issues around the world.     We scientifically validate:  ● The solution’s potential impact for reducing greenhouse gas emissions.  ● The capacity of the proposed solution to have significant, global and immediate                         impact on emissions.    To that end, we will consult with external independent experts, such as Cabinet Carbone                             4.    Investment Brief for the Planet / Draft - Time for the Planet  21    ZERO EMISSIONS ENERGY EFFICIENCY MINDFUL CONSUMPTION CAPTURE Power Produce and stock renewable energy without cri cal metals/rare metals Improve the energy return on investment (EROI) for renewable-energy solu ons Decentralize energy produc on and develop smart networks Capture GHG emi ed by power plants Industry Manufacture without fossil sources Recover and use waste heat Extend the lifespan of products and recycle Capture GHG emi ed by factories Transport Travel without fossil-fuel combus on Improve energy performance of vehicles Op mize transporta on of goods and people Capture GHG emi ed by vehicles Agricultur e Farming without nitrogen fer lizer Regenerate farmland Develop alterna ves to meat and reduce waste Secure and develop natural carbon sinks Buildings Build using low-carbon materials Heat and cool without HFCs and combus ble fossil resources Renovate houses and buildings Capture storage
  • 23.   4.4. Objectives     Subsidiaries have a dual purpose:    ● Reduce GHG emissions or capture GHGs    ● Be profitable to pay dividends to Time for the Planet so that it can continue its                                 investment policy.      a. Reduction or capture of GHGs    This objective is measured by an independent service. The impact of each company is                             evaluated regularly (at least once a year) and communicated to Time for the Planet                             shareholders for the PRR calculation.  Both the subsidiary and those using the technology are measured to calculate the                           impact.       b. Profitability    After 10 years, Time for the Planet plans to return the initial amount invested to its                                 shareholders upon request. It is also crucial to generate profit for the creation of new                               businesses.         Investment Brief for the Planet / Draft - Time for the Planet  22   
  • 24. V. Time for the Planet supports its subsidiaries    5.1. Time for the Planet: Startup Studio? An investment                   fund? An incubator?  Actually, it’s all that and more.  We are co-creators, not just an incubator or a support structure. We build a team by                                 associating scientists with entrepreneurs.  Our role is:  - putting together the company’s management team;  - financing the company’s development as it grows;  - ensuring strategy is open source; and  - acting as counsel for strategic decisions.  The management team makes all decisions. We trust them with defining strategy,                         management style, organization and day-to-day activities as long as they comply with                         the Time for the Planet charter. Most importantly, open source must be ensured.  The company chairman is selected from the management team and has delegated                         authority.     5.2. Open source: the secret weapon for saving the                   planet    5.2.1. Sharing technology to accelerate solving             problems globally    How is it possible to increase the chances of solving the problem the company                             addresses once it has an operational technology, a team, and plentiful funding?    We decided that the easiest, fastest, and most cost-effective way to solve a global                             problem is to share the technologies discovered.    A new subsidiary would take many years to establish itself globally.    In fact, it is the technology - and not the subsidiary - that must have global reach.  Investment Brief for the Planet / Draft - Time for the Planet  23   
  • 25.   If new technology is used by other entrepreneurs, a whole market is created, not just                               one company!    5.2.2. Open source and free licenses: rights and                 responsibilities    Time for the Planet’s definition of open source: making all components of all                           innovations produced by our companies available to third parties so they can be copied,                             used and sold.  Anyone can ask for - and will receive - a license to use our innovations. No one can use                                       our innovations without a license. Licenses will only be refused to individuals and                           companies which do not adhere to our Charter.  The Time for the Planet license comes with certain rights and responsibilities.    Time for the Planet license holder rights:  ● copy all or part of an innovation;  ● improve an innovation; and  ● market and sell an innovation.    Responsibilities:  ● Share innovation improvements and discoveries; and  ● Market and sell innovations in the domains and forms set out in the license                             granted by Time for the Planet. Consequently, a construction-industry innovation                     cannot be used for military purposes. The list of sectors can be expanded upon                             request if Time for the Planet considers it pertinent in the fight against climate                             change.  5.2.3 Open-source economic models  Time for the Planet was founded to create economically viable businesses with potential                           for growth, to impact climate change and to trigger the creation of many other                             businesses based on their innovations.    Companies must therefore make public all the knowledge they’ve amassed and                       generate revenues. They cannot privatize it.     See our website for seven examples of economic models using open source.  (https://www.time-planet.com/fr/tout-savoir/notre-strategie/methode-time-for-the-plan et/comment-nous-allons-utiliser-lopen-source-pour-lutter)    Investment Brief for the Planet / Draft - Time for the Planet  24   
  • 26. 5.3. Advantages of Time for the Planet as majority                   shareholder      a. Faster and less costly results    Experience in business conception/creation saves considerable funds. For example, if                     Time for the Planet’s method is applied, the time to complete a first sale can be reduced                                   from an average of two years to four months. This method is based on three pillars:  ● interviewing potential customers with an innovative interview process;  ● selling the product before it is created; and  ● only financing strictly necessary actions.      b. Paradigm shift     Creating a company in Time for the Planet’s ecosystem is part of a plan to safeguard the                                   planet. Thousands of individuals, companies, organizations and institutions will                   transform entrepreneurship into an essential weapon in the war on climate change.   Companies that join Time for the Planet share values that go beyond simply creating                             economic activity.        c. Raising funds: we take care of everything    Months of effort are saved as finding seed funding and series A and B rounds are not                                   required: Time for the Planet invests directly and when required and/or looks for                           external financial partners.      Investment Brief for the Planet / Draft - Time for the Planet  25   
  • 27.   d. Networking    Time for the Planet’s founders and partners have networks which provide a constant                           source of resources required for the company’s development at every stage: searching                         for customers, suppliers and experts, press, accounting, legal, innovation tax credits,                       webmarketing, among others.      e. Visibility and credibility    The founders of Time for the Planet, along with dozens of growth hackers, lawyers,                             entrepreneurs, communicators, and so on, will focus all of their attention and expertise                           on creating a large communications company and lobby for the planet. Consequently,                         effective communication of the results of Time for the Planet subsidiaries will boost                           their speedy growth.  Through institutions and the establishment of a large community of citizens, Time for                           the Planet aims to become a global enterprise.              Investment Brief for the Planet / Draft - Time for the Planet  26   
  • 28.   5.4. Methodology                        Choosing the scientific problem    Finding the scientific solution’s competitive advantage    Recruiting the subsidiary’s initial team    Testing the market opportunity    Creating the subsidiary’s Supervisory Board    Creation of the company, MVP design, and seed funding    Open-source strategy and progressive investments for             the company’s development    Exit from subsidiaries              Investment Brief for the Planet / Draft - Time for the Planet  27   
  • 29.   Step 1: Choosing the scientific problem    Scientific problems are based on three criteria:    . Impact on preventing GHG emissions   The proposed solution must address a sufficiently large market and it must have a                             significant measurable impact on GHG emissions and their capture.  For example, we want to address CO2 emissions by the cement industry as they                             represent 5% of global CO2 emissions which is considerable.     . R&D required for mass production of the solution depending on impact potential   We will select mature solutions that require little R&D if they have a visible short-term                               impact. Solutions requiring heavy R&D will be selected only if their impact is globally                             visible in the medium- or long-term.    . Market access to the solution via open source   The more a product needs to be tailored to each customer, the more difficult market                               access is for an open-source solution. As a result, we will focus on companies with                               products that do not require too many bespoke adjustments for each customer.    For example, a carbon-capture solution for industrial sites must be adapted to the                           technical format of each site. The technology’s wide distribution will eventually enable                         installers to deploy the technology globally; however, there is a need for a high degree                               of customization, requiring time for each adjustment.   On the other hand, cement-free technology can be made available to everyone and                           deployed very quickly on a global scale, without specific local adjustments.     The Time for the Planet roadmap will keep us focused on companies requiring little R&D                               with rapid and smooth market access.    Step 2. Finding the scientific solution’s competitive               advantage    Scientific problems are not always naturally and natively in sync with a market problem.                             Take cement manufacturing. The fact that it emits CO2 will become a market problem as                               soon as there is a competitive advantage to building without cement: lower cost, better                             insulation quality, greater durability, etc.    We act as a think tank at Time for the Planet, in conjunction with the inventor, the                                   Scientific Committee and the Entrepreneur Committee.     Investment Brief for the Planet / Draft - Time for the Planet  28   
  • 30. Step 3: High frequency market testing with an                 investment of €5,000 to €15,000    Over a three-week period and with a budget of between €5,000 and €15,000, we use                               high-frequency testing techniques to:  - determine whether the product or service engages clients and customers;   - identify the customers;  - establish the right price for the customer.    Real-life testing is conducted as though the solution were already available: meetings                         with prospective clients, creation of landing pages to present the solution, advertising                         on social media, or retargeting, to mention a few.    Examples:  - Imagine we want to test consumer interest in a non-electric air-conditioning                         solution. We want to know how much consumers are willing to pay. We would                             need to try selling them in the market place at different price points, or create a                                 crowd fund to confirm any real interest by consumers for the proposed solution.     - Making appointments to sell the imagined solution from technical drawings and                         3D simulations to obtain pre-order contracts.    - Online advertising to sell the non-existent product to real consumers. (Purchases                       are refunded immediately.)     Step 4: Recruiting the subsidiary’s initial team    In most cases, at this stage, other than the inventor and/or scientist, there is no team.                                 Consequently, we put together the necessary team.    CEO: Our preference is someone with strong entrepreneurial experience who has                       already created a company in the same sector. But that’s not always necessary. We will                               focus on entrepreneurial capacity, speed of execution, vision and managerial finesse.     - CTO: This may be the inventor if they are interested and they have the                             managerial ability and entrepreneurial vision.    - One or two additional founders may be brought on board if they bring expertise                             in the product or industry, a particular skill, a sales network, or other benefits.    Step 5: Creating the subsidiary’s Supervisory Board    Investment Brief for the Planet / Draft - Time for the Planet  29   
  • 31. The Supervisory Board is there to provide support to the company. It meets every two                               months. Members may be required to work in the field.  At a minimum, the Board is composed of:   . one Time for the Planet co-founder  . one Time for the Planet Development Committee member for credibility  . one Time for the Planet investment team member  . one Time for the Planet employee who monitors daily progress and attends the most                               important meetings     Step 6. Creation of the company, MVP design and                   seed funding (€20,000 to €100,000)    The company is created when all market testing is completed.   Time for the Planet creates companies from scratch. Each company created is a                           subsidiary of the parent company, Time for the Planet.     a) Creating the company:    In almost all cases, the company will be a French simplified joint-stock company. Time                             for the Planet will handle creation of the company’s legal entity, the initial capital and                               registering the trade name.  As a general rule, the founders are asked to make a minimal investment to symbolize                               their commitment to the project. However, this amount if much lower than for a                             traditional business creation.     b) Creating the MVP:    The Minimum Viable Product, or MVP, is the most minimalist version possible of the                             proposed product or service. Generally, in the previous step, using projections of the                           product or service, highly advanced sales approaches and first sales were made. In this                             step, we move on to the real product or service.     The Time for the Planet method is based on rapid market access. We will pay particular                                 attention to developing the MVP. It must be as rapid and inexpensive as possible in                               order to start generating sales revenue. We will invest in the product development once                             there are firm contracts or commitments to purchase. Until a product is the object of                               loudly expressed purchase intentions, no substantial investments will be made.         Investment Brief for the Planet / Draft - Time for the Planet  30   
  • 32. c) Funding:    There are usually successive rounds of funding and increased shares. As majority                         shareholder, Time for the Planet provides the funding necessary at each step of the                             company’s development.     As majority shareholder, we can guarantee the company’s rapid development and                       open-source philosophy.   We will retain some control through our golden shares, even if, as part of the company’s                                 future development, the majority will be transferred to the founders.    Time for the Planet will invest an initial amount. This investment must enable the                             company to realize its MVP and proof of concept, and at least make its first sales to                                   validate a business model.  The amount invested in the seed funding stage ranges from €50k to €500k. External                             finances may be provided, particularly from banks.     Time for the Planet as majority shareholder presents advantages for the                       founders:    ● Time for the Planet invests over time, injecting funds as required.   ● As long as Time for the Planet finances the company’s development, there is no                             increase in capital. Also, the founders’ holdings cannot be diluted. Yet, in                         standard development, successive dilutions mean founders eventually own a                   small share of the company: usually less than 25% all told after two or three                               rounds.   ● The founders can concentrate on the company’s development. They do not need                         to spend time searching for funds, particularly in the start-up phase.  ● The founders receive remuneration from the outset and own shares of the                         company. This is also true for key employees.     Generally, at the company’s launch, the distribution of capital is as follows:         Investment Brief for the Planet / Draft - Time for the Planet  31   
  • 33. Special case: already existing companies    Sometimes, the company exists with no or very low revenues. In that case, Time for the                                 Planet will be a minority investor through convertible bonds.   Once the MVP is complete, Time for the Planet becomes a majority investor. If there is                                 no agreement on majority shares, we will negotiate “golden shares” which allow us to                             ensure our open-source policy.   Only 3% to 8% of the projects go on to step 7.    Step 7: Open-source strategy and progressive             investments for the company’s development    a) Moving to open source  Once proof of concept is completed, Time for the Planet will send one of its R&D                                 coordinators to assist the subsidiary in putting together the innovation’s technological                       documentation. To do so, the R&D coordinator will have access to:  ● all company employees and founders;  ● a budget to cover time spent by subsidiary employees or outside third                         parties (service providers);  ● an interface designed by Time for the Planet so delivery of technology is                           easy, fun and detailed; and  ● an interpreter/translator responsible for converting to one of Time for the                       Planet’s languages: English or French.    b) Staggered financing    Time for the Planet’s ambition is to finance subsidiaries throughout their development.   Rather than large Series A, B and C funding rounds, we will opt for small successive                                 investments at close intervals.   Over time, Time for the Planet’s holdings as a percentage will increase as investments                             are agreed upon.          Investment Brief for the Planet / Draft - Time for the Planet  32   
  • 34. The advantages:     . Allows for quick and agile action for a clearly identified need.  Take a situation where the subsidiary needs €800k to recruit a team of engineers or €1                                 million to launch a radio advertising campaign.   . Avoids the cost of funding rounds (no increase in share capital)  . Avoids inflated funding rounds. As is often the case with startups, money is raised                               based on investor value estimations and not on rationally identified needs.  . Avoids injecting funds with no predetermined objective; money is spent more                         rationally.    Form of investment     Time for the Planet subsidiaries are formed as French simplified joint stock companies                           with variable capital, or their equivalent under foreign law when necessary, such as in                             the US.    We finance the subsidiary through the purchase of shares in the variable capital.     Advantages of this form:  ● No capital increase with every new investment;   ● Easy entry for third party investors; and  ● The sales price can be decided in advance, reaching, for example, two or three                             times the purchase price.    c) Advancing and regulating funds    When the company is launched, we will provide advance funds based on the company’s                             anticipated level of R&D. The amount ranges from €300k to €2 million to ensure optimal                               financing to reach product-market fit.       Once product-market fit is reached, we then look at whether it’s opportune to make a                               second advance of €1 to €5 million for further company development. Each time, the                             Investment Brief for the Planet / Draft - Time for the Planet  33    Definition: Product-market fit   Product-market fit is when a product meets market demand. More specifically, the  product sells itself in its market.  The product has such a good fit with its market that it doesn’t need costly advertising  campaigns to convince potential buyers. They immediately understand how the  product works and its utility.   The idea behind product-market fit is to reach a maximum number of potential  consumers who convert on a large scale where there’s no need to convince each  individually. 
  • 35. objective is to anticipate the company’s needs in a timely manner rather than to spend                               the entire advance.  The thresholds indicated above will vary based on periods and funds raised by Time for                               the Planet    Time for the Planet will only invest in subsidiaries for specific and justifiable reasons.  The request is usually made by the subsidiary’s CEO or one of its Board members.  To release funds, the company must receive the approval of its own Board, a favorable                               opinion from the Time for the Planet Supervisory Board to approve funding, and from                             the Time for the Planet shareholders in general assembly.    When the entire Time for the Planet budget has been spent, and should the company                               still need capital, it must seek approval for a new request from the Board or look for                                   financing from an outside source, on the condition that Time for the Planet does not                               lose control.  This is secured through golden shares held by Time for the Planet to retain control over                                 key points such as open-source policy when there is co-investment.    Co-investment    Time for the Planet is open to joint financing of its subsidiaries from the series A round.  Outside investors will be able to invest in any form, provided that Time for the Planet                                 does not lose control of the company:  ● purchase of variable capital shares;  ● increase in capital beyond the total authorized share capital;  ● convertible bonds; and  ● loans.    Step 8: Exit from subsidiaries    Once the company is profitable and open-source distribution of its technology has been                           ensured, there’s the question of our departure. Time for the Planet aims to sell all or                                 part of its shares to the subsidiary itself. This is known as reducing capital. Depending                               on the companies, the buy-back price can vary between two and five times the original                               share price. This price is set when the company moves to variable capital.     Capital is reduced when the investors exit. Advantages:  ● Making exit terms clear, avoiding acquisition by a third-party company which                       may have priorities other than a purely environmental interest and the Time for                           the Plane culture instilled by Time for the Planet founders and employees.   ● Limit financial gain by third-party investors: they will have a return for the risk                             taken, but within reasonable limits      Investment Brief for the Planet / Draft - Time for the Planet  34   
  • 36. Two possible cases:     Case 1: The company is one of several players in a dynamic market that has                               significantly reduced CO2 emissions.   In this case, the founders and employees should eventually own 95% of the                           company. Time for the Planet only keeps its golden shares for the open-source                           policy.         Case 2: The company is a major player with a structural role which is crucial                               for CO2 emission reductions.  In this case, the founders share value increases slightly. In any event, Time for                             the Planet keeps the majority and earns dividends.                     Investment Brief for the Planet / Draft - Time for the Planet  35   
  • 37.     Post-exit guarantees    We retain the golden shares that allow us to guarantee open source and the control                               over the use of dividends.     Our shareholder pact is preserved: we have preemption rights on the sale of shares by                               other shareholders and on participation in capital increases.     Inventor status    The project must afford the inventor a sense of satisfaction and fulfillment. There must                             be three facets:     a. Recognition: The inventor’s name will be cited in all communication materials as                         recognition of the open-source status.     b. Guarantee of effectiveness: Time for the Planet guarantees that all human and                         financial means will be implemented so the invention changes the world.     c. Capital guarantees: The inventors start out as minority shareholders. They, and                       the co-founders, become majority shareholders when Time for the Planet exits                       the scene.    d. Financial security: The inventor receives remuneration from Time for the Planet                       as soon as the company is launched.      Investment Brief for the Planet / Draft - Time for the Planet  36   
  • 38. VI. Legal structure and governance    A mission-led company: one of the first in France.    Time for the Planet is a mission-led company, as defined by the recently enacted French                               law on Business Growth and Transformation. A mission-led company has social and                         environmental objectives aligned with its purpose. They are set out in the Articles of                             Association. It must create independent internal and external auditing bodies to                       monitor mission performance.  As a result, Time for the Planet is one of the first mission-led companies in France.    6.1 Our initial legal form:    Time for the Planet was set up in 2019 as a limited company (in French a Société par                                     Actions Simplifiée or SAS) .    Further to the validation of the Time for the Planet concept in 2019 and the resulting                                 enthusiasm, the number of shareholders in a limited company, which is limited to 1,500,                             was reached quickly. It was time to change.   In March 2020, we converted to a Partnership Limited by Shares (in French a Société en                                 Commandite par Action or SCA).    6.2 Our current legal form: Partnership Limited by                 Shares    In an SCA, the company's partners are divided into two groups: general partners and                             limited partners, also known as shareholders.    6.2.1. General Partner(s):  They are indefinitely, jointly and severally liable for the company’s debts. Their shares                           are not freely transferable.   They have full authority to appoint the managing directors and are involved in running                             the company.  In our case, there will be only one general partner, a limited company: Act for the Planet.    Act for the Planet is wholly and exclusively owned by the co-founders, who are  Nicolas Sabatier, Mehdi Coly, Laurent Morel, Coline Debayle, Arthur Auboeuf and Denis                           Galha Garcia.  Investment Brief for the Planet / Draft - Time for the Planet  37   
  • 39. Since November 13, 2020, Act for the Planet is also part-owned by Time for the Planet.                                 This provides the shareholders with a right to review and to make decisions, in                             particular for amendments to the articles of association.  Time for the Planet’s articles of association can only be modified with the agreement of                               all the general partners, in other words, Act for the Planet.    6.2.2 Limited partners or shareholders:     They have the same status as shareholders in a limited company.   The limited partners are the people who own shares in Time for the   Planet. They are most commonly called shareholders which is the term we use                           hereafter.  They have the right to become members of the Supervisory Board.   The Supervisory Board is elected by the shareholders on the basis of 1 share = 1 vote.    6.2.3 Management    The SCA can be managed by one or more managing directors. They are appointed by                               the sole general partner, Act for the Planet.  An amendment to the articles of association is planned in order to obtain the Time for                                 the Planet Supervisory Board’s agreement for this purpose.     There are currently six managing directors of Time for the Planet: Mehdi Coly, Nicolas                             Sabatier, Laurent Morel, Coline Debayle, Arthur Auboeuf and Denis Galha Garcia.    The remuneration, both fixed and variable, of an individual managing director is limited                           to four times the French minimum wage by the articles of association.  For a managing director who is a legal entity, the management fees linked to                             remuneration of the director(s) paid by the legal entity is also subject to this ceiling of                                 four times the French minimum wage per individual.    In the event of the deaths of all the general partners, the United Nations will be                                 appointed as the company’s general partner by default.    6.2.4 Supervisory Board     The Supervisory Board is made up of a minimum of 3 and a maximum of 12 members.                                   Members of the Supervisory Board must be shareholders. They may be individuals or                           legal entities.   A general partner may not be a member of the Supervisory Board and may not                               participate in the appointment of its members.  Investment Brief for the Planet / Draft - Time for the Planet  38   
  • 40. However, they may, in their capacity as managing director, attend Supervisory Board                         meetings.  In accordance with article L226-9 of the French Commercial Code, the Supervisory Board                           exercises permanent control over company management.    It gives an opinion about investment decisions proposed by the managing directors.                         These decisions must in turn be validated by the shareholders in the general assembly.    Decisions made by the Supervisory Board are by majority: 1 member = 1 vote.  In the event of a tie, the chairperson casts the deciding vote.      6.2.5 Corporate governance framework               Investment Brief for the Planet / Draft - Time for the Planet  39   
  • 41. 6.2.6 Share capital and valuation    The capital is divided into shares of €1 held solely by shareholders.   Share value remains stable over time at €1 per share under the articles of association.    The aim is for Time for the Planet’s capital to reach €1 billion.   This objective will be reached through successive capital increases without issue                       premium.    6.2.7 Sale and purchase of shares    The purchase of shares gives the status of limited partner. In most cases, the purchase                               of shares will be through increases in the company’s capital.   To avoid speculative activity, new shares will always be issued for €1 per share.     Capital increases will occur regularly, about once or twice per year, to bring in new                               shareholders, until the company’s capital reaches €1 billion.  As a shareholder you can sell your shares at any time and at any price to a third party.    Over time, for its shareholders, Time for the Planet aims to reduce capital, but not                               before ten years, to simplify the sale of shares by departing shareholders.    The buy-back price offered by Time for the Planet will be the original price of 1€ per                                   share.    6.3 Public offering of financial securities/French             Financial Markets Authority (AMF)     Following a regulatory change on July 21, 2018, an offer totaling less than €8M over                               twelve months does not constitute an Offer to the Public of Financial Securities (OPTF)                             under French law.    Time for the Planet is currently offering shares up to a value of €8 million over twelve                                   months without AMF approval, as such approval is not required.  We will, however, publish a mandatory summary information document (DIS), which                       must be a transmitted to any person interested in the offer and be filed with the AMF                                   prior to its completion.     In May 2020, we launched our first written offer: a DIS filed with the AMF.  In 2021, we plan to produce a prospectus and apply for AMF approval.  Investment Brief for the Planet / Draft - Time for the Planet  40   
  • 42. 6.4 Our legal counsel    Dominique Stucki, from Cornet Vincent Ségurel, is our                 legal counsel. An active member of the Finance                 Innovation Cluster, he is also a leading FinTech and                   PropTech lawyer. He sits on several association               committees and working groups in these fields and is the                     author of numerous publications, including the Thomson               Reuters FinTech Guide - France.  A leading AMF specialist, he works part pro bono for Time                       for the Planet, using his expertise to help the company                     grow quickly.     This enables his law firm to be involved in social and technological innovation. An article                               on the subject, to be published in the journal Banque is currently being prepared.    6.5 Investments in subsidiaries    6.5.1 The selection and validation process  Investment in a subsidiary is possible only after selection and validation through the                           following four steps:     a. Preselection through collective intelligence  To make a preliminary assessment of the identified innovations, we assemble a pool of                             evaluators from around the world. This panel is made up of scientific experts,                           professionals from the sectors under evaluation, and even potential users. Time for the                           Planet shareholders are also invited to evaluate the proposed innovations. The panel’s                         diversity guarantees a pertinent rating. Collective preselection reduces individual biases                     inherent to country, expertise, surroundings, gender and other characteristics.   All solutions are first reviewed using a common reference guide, so they all have an                               equal chance.   b. Scientific Committee Validation  First and foremost is the scientific and technical validation. There’s no point estimating                           the market potential or questioning the ethics of a solution if it doesn’t work.   The scientific committee provides an opinion on a solution’s scientific relevance and                         technical feasibility. This opinion is then followed by a vote before the solution moves                             on to the next step in the validation process. When the committee votes no, Time for                                 the Planet will not finance the solution.  Investment Brief for the Planet / Draft - Time for the Planet  41   
  • 43. The Scientific Committee is responsible for this validation. It is composed of:   ● a full-time chairperson who is the guarantor of Time for the Planet's method and  approach; and  ● from 3 to 12 members who are scientific experts.   The members are named for 3-year terms, with one third renewed at a time.   The experts receive no wages or compensation for this activity. Further, there must be                             no conflict of interest with their professional or voluntary activities. A member with a                             potential conflict of interest may attend the meetings but cannot vote under any                           circumstances.   This Scientific Committee meets as often as necessary and at least three times per                             quarter. Innovators are also invited to attend the committee meetings to discuss and                           defend their solution before the scientists.  Decisions are by majority where each member has one vote. In the event of a tie, the                                   chairperson shall cast the deciding vote.  c. Potential market validation  A scientific and technical solution does not necessarily meet market demand.                       Consequently, the solution’s product/market fit is analyzed. In other words, rethinking a                         solution’s competitive advantage to meet market demand. Examples include a lower                       price, better quality or greater durability.   Time for the Planet, the Scientific Committee and the innovator work on this jointly                             before moving on to high frequency testing which empirically confirms market potential.  During this high-frequency testing phase, Time for the Planet takes the reins. Over a                             three-week period, working with a dedicated team of “growth hackers” and a budget of                             several thousand euros, we evaluate the market’s appetite for the solution as well as the                               economic model’s relevance.   Real-life testing is conducted as though the solution were already available: meetings                         with prospective clients, creation of landing pages to present the solution, advertising                         on social media, or retargeting, to mention a few.  At this stage, the resulting KPIs are analyzed. They allow Time for the Planet to decide                                 whether to move on to the following step or not.   Regardless of Time for the Planet’s decision, all test results and analyses are made                             available to innovators so they can improve product positioning and their sales pitch.  Investment Brief for the Planet / Draft - Time for the Planet  42   
  • 44. d. Final and ethical validation  The final stage, once the innovation is vetted scientifically and economically, is a                           presentation before all Time for the Planet partners.  Before this validation, Time for the Planet’s Supervisory Board is asked to give an                             opinion about the intended investment.  The Board of Managing Directors and the Supervisory Board verify that the innovator’s                           values are aligned with those of Time for the Planet’s. We also confirm there are no                                 conflicts of interest. This is the first ethical validation for our shareholders.  Lastly, a general assembly for Time for the Planet shareholders is convened. The                           subsidiary’s investment resolution is presented and a vote is called.   If the resolution passes, the subsidiary can be created to develop the solution.  To the contrary, if the resolution is rejected, the file can be reworked and improved,                               taking criticisms into account before being submitted to another General Assembly vote.                         In the case of overwhelming rejection, the file may be completely dropped.  6.5.2 Requests for re-investment    All decisions regarding investment and re-investment in subsidiaries are legally                     approved by Time for the Planet shareholders in accordance with the articles of                           association. The Supervisory Board is also invited to give its opinion prior to the vote.    a. The Request     The request is made by a subsidiary Board member or the CEO.     The referral must include a summary of the request, indicating:  ● the reason for the requested investment;  ● the amount and the justification for the amount;  ● the alternatives to additional funding that have been explored; and  ● a financial forecast incorporating the amount requested.    Time for the Planet has six months to respond to a request made by a subsidiary.                                 Before doing so, Time for the Planet must verify, through the Supervisory Board, that:   ● the subsidiary has no immediate cash flow problem (for three months);  ● the reason for funding and the amount requested are justified; and   ● all alternatives for additional funding have been thoroughly explored.     Investment Brief for the Planet / Draft - Time for the Planet  43   
  • 45. The Supervisory Board may request more information and even source additional                       information with interviews of competent people from the subsidiary. It draws up a note                             and gives its opinion to shareholders, to ensure the human elements are also taken into                               account in the decision.    b. The response    At the general assembly, shareholders may:  ● Decline the request. In this case, the subsidiary cannot make a further request                           for three months.   ● Accept the request in full, or even exceed it.  ● Partially accept the request.   ● Request a pitch from the CEO or author of the referral at the general assembly.  In each case, video or audio feedback is recorded for the subsidiary’s management.    c. Decision leading to stopping an activity    Time for the Planet will not fund a company that is not advancing or giving any                                 guarantee of progress.   The shareholders and Supervisory Board have the power to issue a negative opinion or                             vote against financing a business that is running out of cash if it has not been able to                                     demonstrate, within the time allotted, the capacity to access the market and to scale its                               sales revenues and/or profitability.    6.6 Companies in difficulty and ceasing to trade    Time for the Planet’s role includes ensuring the smoothest closure possible for failing                           companies.    Time for the Planet will help companies in difficulty with staff layoffs, conciliation with                             creditors, and safeguarding or legal recovery procedures.     Time for the Planet provides both legal and psychological support to managers and                           employees.    Time for the Planet's work with companies in difficulty will include preserving the                           company’s intellectual property, in particular ensuring that it has been made open                         source before liquidation.        Investment Brief for the Planet / Draft - Time for the Planet  44   
  • 46. VII. Our Charter    7.1 Our assessment: the absolute urgency of the                 environmental crisis    Mankind is in critical condition.  The rapid deterioration of animal and plant species, combined with global warming                         caused by human activity, are putting life on Earth at risk of extinction. Scientists have                               been warning us for 50 years. It’s time to act.    7.2 The Power of Entrepreneurship     We want to unite the strength of entrepreneurship with individuals, voluntary                       groups and politicians who are already actively engaged.  Entrepreneurship can turn ideas into action. It implements solutions fast, is politically                         and financially independent and has a strong culture for invention – just what we need                               to protect the planet.    7.3 Not for Profit     We are fully committed to devoting all the financial and human resources we can                             to beating this ecological crisis.  In its founding articles, Time for the Planet and its partners refuse to take any profit. All                                   profit will be dedicated to the improvement, accessibility and development of solutions.    7.4 Creating and financing ambitious companies    Our role is to:  - find inventions that contribute to solving environmental problems through                   scientific engineering;  - build teams to develop and implement these inventions through human                     engineering; and  - raise money to finance the creation of companies and research through financial                         engineering.        Investment Brief for the Planet / Draft - Time for the Planet  45   
  • 47. 7.5 Open Source    We owe it to ourselves to share our research, knowledge and expertise.  We apply open-source principles so our technical solutions can be shared and increase                           their chances of development. Anyone in the world will be able to access and use these                                 solutions.    7.6 Collective Intelligence    We believe that everyone has a role to play in this mission. We intend to use                                 collective intelligence to achieve our goals.  Our action is leveraged by collective participation. This helps us to discover an invention,                             to offer skills and expertise, and to contribute financial and material resources.    7.7 Mindfulness    We boost energy by fostering honesty, mindfulness and a sense of humor.  We want to be surrounded by optimistic, hard-working and tenacious people who are                           focused on the common good. To achieve this, we promote a culture based on trust and                                 honesty, and we keep things in perspective. A sense of humor is essential. We are                               extremely honest with ourselves and with outsiders who ask for our advice. And finally,                             mindfulness is the mainstay of our company. We trust on principle. And our trust is only                                 ever shaken by objective facts. We never try to read into someone’s words. We don’t                               look for a hidden agenda. We take people at face value.     7.8 Transparency     The corporate world needs transparency.  Our commitments make us accountable to our stakeholders. Information about Time                       for the Planet's accounts and remuneration are freely available. Anyone can become a                           shareholder and vote at general meetings with as little as €1: €1 = 1 share = 1 vote.    7.9 Ethics    We want to make the world a fairer place.  We act for gender equality, non-discrimination, environmental protection and against all                       forms of harassment and human trafficking.    Investment Brief for the Planet / Draft - Time for the Planet  46   
  • 48. VIII. The Team   8.1 The Current Team    8.1.1 The foundersC  Both imaginative and pragmatic, a specialist in “Zero to One”, he is highly experienced in building companies from the ground up, frequently testing corporate growth strategies. He works relentlessly to build the Time for the Planet network. Mehdi is obsessed with acting fast and creatively to obtain the best results using the least resources. He initiates and develops new projects so that our companies grow rapidly.    Education: Master’s in Business Law and International Law    Founder/co-founder of five companies:    2008. Vitacolo: Kids’ vacation camps 220 temporary employees per year. A socially                         responsible business that organizes more than 2,000 weeks of vacation per year. It also                             finances trips for up to 70 special needs or disadvantaged children.  2012. Linkeyword, a web agency with a team of 5, resold in 2015.  2015. Optimiz.me and its US subsidiary Mazen. Startup: Google SEO software.    Raised €2 million in 2016.   Further to legal action, the failing company was taken over by the 1ère Position group, a                                 renowned SEO company. At its height, Optimiz.me had a team of 16.  2016. Wuha (Exit in progress): Startup: Natural language search technology in web                         applications. Main client: Dalloz. Team of 14.  2017. MONCDI: Co-founded the digital branch. Responsible for online acquisition and                       process automatization. €30 million of recurring contracts generated in 9 months. 400                         employees  2017. Automate.me: Process automatization systems with zero lines of code. 3                       employees    Investment Brief for the Planet / Draft - Time for the Planet  47        Mehdi Coly    CEO: Chief Executive  Officer 
  • 49. Lecturer in entrepreneurship, growth hacking and investment strategies, La Sorbonne,                     Emlyon Business School, University of Lyon 3    Role: Operations manager. He launches and structures all new Time for the Planet                           projects, before handing over management to the partners.     He is in charge of:   - convincing major investors;  - building Time for the Planet’s development committee (the Board) and network;  - supporting subsidiary founders at a commercial and managerial level; and  - automating anything that can be automated.  - Launching new projects     Main qualities: influence, conviction, imagination, speed, agility    Know-how:   . Business creation  . Raising funds - strategy, documentation, and investor relations.  . Digital - Google SEO, process automatization, growth hacking, recruitment and                       managing IT engineers          Investment Brief for the Planet / Draft - Time for the Planet  48   
  • 50.   Focused on Time for the Planet’s core values, the CPO builds and sculpts the company’s                               brand image. The initiator and guardian of the company’s culture, through writing and                           presence, the design of corporate communication - files, websites, videos, deck pitches                         and presentations- and through his responsibility towards associates, employees and                     volunteers,      Education: Master’s in Company Management and Administration (IAE Lyon III)                     and Master’s in International Law (University of Lyon 3)    Founder/co-founder of 3 companies:    2008. Vitacolo: Kids’ vacation camps 220 temporary employees per year. A socially                         responsible business that organizes more than 2,000 weeks of vacation per year. It also                             finances trips for up to 70 special needs or disadvantaged children.  2016. L’Atenium: theme bar operating on the principles of the “liberated” or “F-Form”                           company.  2019. Houblon du Moulin: production, processing and direct sale of hops using organic                           agriculture.    Role: Define Time for the Planet’s strategy and culture. Deliver information to                         subsidiaries.  He is in charge of:  ● Defining strategy, in consultation with the co-founders, Board and employees  ● Managing continuous improvement of communication materials   ● Managing stakeholders, such as service-providers, employees and volunteers  ● Managing live events    Main qualities: values, emotional intelligence, vision, educational practices    Know-how: Team management / Organizing people and logistics / Strategy  Investment Brief for the Planet / Draft - Time for the Planet  49        Nicolas Sabatier    CPO: Chief Product  Officer 
  • 51. Time for the Planet’s CAO is pragmatic. He is driven by processes and spreadsheets.                             Able to juggle with any technical subject. With such attention to detail, no organizational                             weakness ever escapes his attention.     Education: Master’s from Kedge School of Business and Management, Bordeaux    Co-founder and/or managing partner of 4 companies:  2013-2018 - Image Audit: A fast-growing network of accounting expertise specializing in                         business creation with priority for the use and development of digital tools. Over 400                             employees.  2016 - Everest: Audio-visual production and post-production studio based in Paris and                         Shanghai.  2016 - L’Atenium: Theme bar operating on the principles of the “liberated” or “F-Form”                             company.  2019 - Everest: New generation surveying firm.    Role: Ensure the smooth day-to-day operation of Time for the Planet’s components.  He is in charge of:  ● Managing Time for the Planet on a daily basis, ensuring that projects launched                           and Time for the Planet’s team are functioning properly, using resources wisely,                         and progressing in a timely fashion   ● Monitoring subsidiary progress for organizational, legal, financial and structural                   issues  ● Closing financial deals following investors’ verbal agreement  ● Producing documentation for institutions  ● Managing administrative and financial aspects    Main qualities: organized, reliable, emotional intelligence, optimistic  Know-how:   ● Business creation, particularly the legal and financial aspects of business creation  ● Company structure/process creation  ● Team management / Business Development  Investment Brief for the Planet / Draft - Time for the Planet  50      Laurent Morel    CAO: Chief Architect  Officer 
  • 52. The CCO loves making pitches, spreading the word about Time for the Planet, and                             growing the number of supporters. Great at explaining things, she finds the right words                             to encourage as many people as possible to join Time for the Planet.    Education: Sciences Po Paris/ HEC Paris/ University of Berkeley, California    2013- 2020: Founder and President of the start-up Artips for 7 years    Starting out with only €1,000, Artips has become France’s leading digital cultural media,                           with 4 newsletters, over 1 million subscribers and opening rates over 60%. These free                             newsletters - Artips, Musiktips, Sciencetips and Economitips - use short format and                         storytelling to make knowledge accessible to all.    In 2020, after 2 capital raising activities, Artips has more than 40 employees and works                               with prestigious public and private clients, such as CNRS, SNCF, BNP Paribas, Inserm and                             the Court of Auditors. It gives them visibility and helps to create training paths on the                                 innovative micro-learning platform.       Role: Managing Time for the Planet’s public relations, including press, conferences,                       investors and major accounts.  She is in charge of:  ● Promoting Time for the Planet to the French and international press  ● Participating in as many public events as possible   ● Meeting and persuading investors including individuals, funds and companies  ● Content creation and training Time for the Planet ambassadors    Main qualities: public speaking, representation, communication, educating and                 strategy        Investment Brief for the Planet / Draft - Time for the Planet  51        Coline Debayle    CCO: Chief  Communications  Officer 
  • 53. Know-how:  ● Pitching: representing the company regardless of the situation   ● Creating fun and educational content   ● Raising funds - from business angels, funds and companies - and shareholder                         relations   ● Key account management     Investment Brief for the Planet / Draft - Time for the Planet  52   
  • 54.   As a digital influencer, he knows how to spread the news about Time for the Planet’s                                 mission.  A fast worker, he uses Time for the Planet’s communication policy to deliver the                             message to the general public.    Founder of several digital and community creation companies:     Brainbox, CEO (currently being re-sold): The company has created, co-created and                       developed popular media in France. These media bring together millions of users and                           highly engaged communities, reaching millions of people each day.     Start Corporation: The company developed a live group meeting application for                       cultural and leisure activities.   After raising €430,000 and developing it for 2 years, the company was sold to a Belgian                                 group.     Triller, head of growth: Triller is a U.S. social network in competition with TikTok. Triller                               is growing exponentially in the USA, with more than 70 million users and €50 million                               raised, including from Carnegie and a number of American stars such as Snoop Dog and                               The Weekend.   Arthur was part of the company's top 10 and was responsible for developing LATAM.     - Content Creator: Social media influencer with over 100,000 followers in 2016, Arthur                           made videos that have been viewed more than 35 million times.   He has also worked with many influencers across Europe and the United States.      Role: Spread the Time for the Planet culture by building engaged digital and physical                             communities         Investment Brief for the Planet / Draft - Time for the Planet  53        Arthur Auboeuf     CDO: Chief Digital  Officer   
  • 55.   He is in charge of:     ● Managing and developing the Time for the Planet community and brand on                         social media.   ● Managing influencer relationships  ● Spreading the word about Time for the Planet in the public sphere.   ● Representing the company to the general public.     Main qualities: Communication, diplomacy, persuasiveness, agility and optimism    Know-how:   ● Communication - content creation and delivery, marketing/advertising,               community management and creation   ● Digital company set up - applications, sites and media.   ● Relationships with influencers, media, personalities, etc.          Investment Brief for the Planet / Draft - Time for the Planet  54   
  • 56.   An ingenious engineer, the CTO leads Time for the Planet's scientific strategy to achieve                             maximum efficiency in its fight against global warming. Curious and rational, he ensures                           the consistency and relevance of the innovations implemented.    Education: Supméca Engineer + Master’s in Business Management and                   Administration, IAE Lyon 3    Managing partner and co-founder of 2 companies:  2020 - Vert de Mousse: Green facades made from bryophyte, a type of moss   2020 - Kahut (currently setting up): Elegant and eco-responsible wooden frame                       extensions  2009-2019 - Dynergie: Innovation consulting, from detection of opportunities to market                       launch, making innovations real drivers of growth    Role: Identify sector issues and find the most relevant, impactful innovations to address                           climate challenges on a global scale.  He is in charge of:  ● Defining the detection process, then selecting innovations to be developed.   ● Building and facilitating a community of scientific experts to challenge and assess                         innovation relevance.  ● Participating in Time for the Planet’s strategic development.  ● Supporting subsidiary founders in implementing innovations    Main qualities: ingenuity, mindfulness, team spirit, rational thinking    Know-how:   ● Critical analysis of technological, economic, marketing innovations   ● Multi-disciplinary communication - with scientists, entrepreneurs, lawyers and                 the administrative and financial players  ● Team management  ● Public funding for innovation, at regional, national and European level.  Investment Brief for the Planet / Draft - Time for the Planet  55        Denis Galha Garcia     CTO: Chief Technical  Officer