This document discusses the goals and strategy of a new venture capital fund called Startup Venture. It aims to invest in high-potential startups in emerging markets like Eastern Europe to help them become world-class enterprises. Unlike traditional large funds, it will make smaller initial investments of under $5 million that are more suitable for today's early-stage startups. It will also provide hands-on support like marketing consulting and connections to mentors to help portfolio companies succeed. The fund sees opportunity in Europe which has lower early-stage valuations but produces exits that are one-third the size of the U.S. on average. It plans to operate hubs in cities across Eastern Europe and Central Asia to support local start

1. ZAGREB
STARTUP
VENTURE
STARTUP
VENTUREAddAdd

2. VITALY M. GOLOMB
MIKE REINER
MAX GURVITS
@CCCSTARTUPS
#STARTUPADDVENTURE

3. IN2013TWOREVOLUTIONSSTARTEDINUKRAINE

4. UNLOCKINGGEOGRAPHIES
ENABLINGEXCEPTIONALFOUNDERS

5. BECOMEEMEA’STOPECOSYSTEMCATALYST
INVESTINITSHIGHESTPOTENTIALSTARTUPS
HELPTHEMBECOMEWORLDCLASSENTERPRISES
MISSION

6. OLDMODEL
OUTDATED
traditional$250M+fundmodelisbasedona$5M+firstround
investmentandpredatesdistributionplatforms&techthat
makestoday’searlystagestartups10Xmorecapitalefficient
siliconvalleyisbroken-
topquartilefundsstartat
2.1Xreturn7.7%IRRvs20-40%promised
<$250Mfundsproduce
muchbetterresults
10Xhigherchanceof5X+returns
earlystagefundsoutperform
otherfundtypes(1981-2010)
70%OFTHETIME
SOURCES:
2013 NATIONAL VENTURE CAPITAL ASSOCIATION ANNUAL YEARBOOK
SILICON VALLEY BANK. “DIALING DOWN: VENTURE CAPITAL RETURNS TO SMALLER SIZE FUNDS”, MAY 2010
CAMBRIDGE ASSOCIATES LLC, “US VENTURE CAPITAL INDEX AND SELECTED BENCHMARK STATISTICS”, SEPT 2012
todaymajorityofVC-backedexitsare$10M-$80Macquisitions
$300M+exitsneededtomakelargefundsworkareexceptionallyrare
VENTURECAPITALISTRANSFORMING

7. DOW JONES VENTURE SOURCE
EUROPEISANUNDERSERVEDOPPORTUNITY
EUROPEANEXITSARE25%SMALLER
BUTENTRYVALUATIONSATEALYSTAGE
ARE3-4XCHEAPER
TODAYEUROPEPRODUCES
1/2ASMANYEXITSASU.S.
AND1/3OF$100M+EXITS
WITHONLY20%OFU.S.VC
onlyafewstrongeuropeanVCssurvivedthe2001DOTCOMCRASH
U.S.VCsretractedfromEuropeandhavebeenslowtoreturn
MEDIANCASH-ON-CASH
$100M+EXITMULTIPLE
4.5X
U.S.
7.2X
EUROPE
DEALFLOWISGROWING
12%CAGR

8. EUROPEANINVESTED
CAPITALUPOVER35%
IN2014ALONE
SOURCE:PITCHBOOK

9. SILICONVALLEY//BERLIN//SOFIA//KYIV+TOURS
MIKEREINER
CO-FOUNDER OF
B2B ACCELERATOR
STARTUP WISE GUYS
MAXGURVITS
CO-FOUNDER OF
CEE ACCELERTATOR
& SEED FUND ELEVEN
VITALYM.GOLOMB
VC-BACKED CEO,
DESGINER, KEYNOTE
SPEAKER & AUTHOR

10. FUND+ECOSYSTEMDRIVER
INVESTMENTSEVENTS & educational programs
LEADINGSTARTUP
EVENTINTHEREGIONEMEAROADSHOW
BRIDGE TO SILICON VALLEY REAL VALUE ADD
physicalpresence,establishednetwork
and partnershipswithtopinvestors,
platforms,andmajorenterprises
hands-onmarketingandgrowth
consultingforportfoliocompanies
connectiontoaworldofmentors
ALMATY
STARTUP
VENTURE
STARTUP
VENTUREAddAdd
DUBAI
STARTUP
VENTURE
STARTUP
VENTUREAddAdd
CAIRO
STARTUP
VENTURE
STARTUP
VENTUREAddAdd
ZAGREB
STARTUP
VENTURE
STARTUP
VENTUREAddAdd
KRAKOW
STARTUP
VENTURE
STARTUP
VENTUREAddAdd
BUDAPEST
STARTUP
VENTURE
STARTUP
VENTUREAddAdd
ANTALYA
STARTUP
VENTURE
STARTUP
VENTUREAddAdd
BAKU
STARTUP
VENTURE
STARTUP
VENTUREAddAdd
BUCHAREST
STARTUP
VENTURE
STARTUP
VENTUREAddAdd

11. JOINUS
WWW.CCCSTARTUPS.COM
@CCCSTARTUPS

12. #startupaddventurepartners
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