LEADERS slide deck from 11/9/2017 O.C. event

1. Confidential
1
Overview
November 10, 2017
LEADERS:
Veteran and Service Academy Angel Group

2. Confidential
Agenda
•LEADERS Intro
• Team
• Mission
• Progress
• Deals
• Company Presentations
2

3. Confidential
Founding Team of Angels
3
Danny Piper
Principal at NewCap Partners
Angel Investor in multiple companies
USAFA ’94
Pat Wilkison
Managing Partner
Exponential Venture Capital
USMA ’92, Wharton Business School ‘99
Sony Tosco
Co-Founder - Ronin Development
USC MBA 2018
USMA 2006
Niv Caviar
CEO SpineOvations, CFO ISI, CBO Kalobios
General Partner PDC
USAFA ’90, Harvard Business School ‘97
Jeff Manley
Senior Managing Director Savills Studley
USMA ’78, Masters Chem Eng CSM ‘83
Bad Ass Support Team
Tarek Elmasry
Associate at McCafferty & Company
UCLA MBA 2012
USNA 2002
Michael Bennett
Business Development Manager
Infinite Corporation
UC Irvine MBA 2016
USNA 2009

4. Confidential
Mission
4
Leverage the California Veteran and
Service Academy Alumni to provide early
stage funding opportunities into Veteran
owned/led start-up companies with
economically viable business plans.

5. Confidential
The So. Cal Veteran Ecosystem
5
2.3 Million
Veterans*
* U.S. Census Bureau 2007 American Community Survey public use microdata sample
Hundreds of
Veteran owned
businesses
10 Service Academy Alumni
Regional Clubs
Thousands of Aspiring Veteran Entrepreneurs

6. Confidential
The Rapidly Growing So. Cal Veteran
Entrepreneur Ecosystem
6
LEADERS West Point Society - LA
Future Supporters -
SIDLEY

7. Confidential
Evolution/Future Vision
7
2016 2017 2018+
Core Group’s idea to help
veteran entrepreneurs by
leveraging successful
veteran & Academy
alumini
Initially structured as
informal Angels Network
Formalize So. Cal
Veteran Angel network
Desire to Energize So Cal
Alumni events with more
than cocktails and war
stories
Review select businesses
and create opportunity to
directly investment in one
or two veteran owned/led
businesses
Top plans get funded by
individual Alumni angels
who pool their money
together
Expand the social mission
and cohesion of the So.
Cal Service Academy
Alumni
Connect with other
Veteran funds and angel
groups. Broaden
network.
Unify veteran community
who support veteran
entrepreneurs

8. 8
Confidential
I. Identification, Filter and
Selection of high quality
business plans from Veteran
owned/led companies.
II. Angel Group Sponsor,
champions a specific
company and qualifies
business plan through initial
diligence
IV. Funding of Veteran
Led/Owned Companies with
attractive business plans through
synergizing of Angel Network
Execution: Early Stage Funding of Viable
Business Plans
III. Review of Plan(s) at
LEADERS Angel Meeting

9. Confidential
Typical Deal
• Sole or ideally a co-investment with another investment
firm (VC, Seed fund, etc)
• $250 to $500K in total from All So. Cal angels
• Decision to invest based on individual desires but with
group consensus on deal structure and diligence
• Individual investment amounts: $25 to $100K
• 1 Angel potentially serve as board member to provide
enhanced governance.
9

10. Confidential
Past Companies
10
Dec 2016 Med Device Raised $1.9 MM in their last
closing with the
round oversubscribed by more
than 2x (3 angels + funding from
friends of LEADERS)
Dec 2016 Med Device Final closing in process (1 angel
+ assisted with legal, advisory
board and key management
hires)
Mar 2017 Training App 1 angel evaluating +
introductions made to veteran
funds
Mar 2017 Consumer 2 angels committed

11. Confidential
Past Companies (cont.)
11
June 2017 CleanTech/CO2
credits
2 angels still evaluating
June 2017 Zero Emission
Vehicle
Manufacturing
No investment

12. Confidential
LEADERS Supporting Angels
12
• Danny Piper, Air Force, USAFA
• Jeff Manley, Army, West Point
• Niv Caviar, Air Force, USAFA
• Pat Wilkison, ARMY, West Point
• Tom Turney, US Army, USC/UCLA
• Tom Albright, Air Force, The Citadel
• Ellen Chang, Navy, Wharton
• Gilyard, Reginald, Air Force, USAFA
• Scott Jackson, Air Force, USAFA
• Colin Mackenzie, Navy, USNA
Interested in joining the core Angel group ………..
Please contact Niv Caviar for details, charter, requirement

13. Confidential
Questions?