The Silicon Straits Tribe

1. Investing in the convergence of design, hardware & software Operating at the intersection of ideas, talent & capital BUILDING A BETTER PLATFORM FOR DESIGNERS, ENGINEERS & ENTREPRENEURS TO GET TOGETHER, BE INSPIRED, MAKE THINGS AND START/GROW COMPANIES. Corporate Proﬁle 12 August 2014

2. Venture Capital, Incubation & Advisory Product Development Foundry Community & Business Support Services UI/UX, Ruby, iOS, Android We incubate, invest & advise early-stage startups. We build web & mobile products for ourselves and others. We provide community & business support services for individuals & businesses for profit & non-profit. US$5M seed fund; 24 investments across US & Asia Pacific (circa 2010) NRF TIS incubator; S$50K-100K investment matched by S$250-500K at 1:5 ratio The Silicon Straits Group :: dynamic pieces, loosely joined Co-working, Fab Lab, Startup Community Management 1. Introduction ACRA UEN No. 201005970E

3. The Silicon Straits Group :: from MVP to scale Cumulative Revenues 2010 1H2010 2H2010 1H2011 2H2011 1H2012 2H2012 1H2013 2H2013 1H2014 Employees 22 Mar 2010 2H2010 2H2011 2H2012 2H2013 49 pax 5 Jul 2013 1 Jan 2014 40 pax 4 pax 5 pax 1. Introduction Investment Track Record Acquired by Eventbrite in Sep ‘2013, amt. undiscl. Acquired by Apple in Aug ‘2013, amt undiscl. Acquired by Yelp in Jul ‘2013 for US$12.7M Acquired by Rakuten in Sep ‘2013 for US$200+M S$1.76M 22 Mar 2010 ACRA UEN No. 201005970E

4. The Silicon Straits Group :: stellar team, seasoned advisors James Chan Founder & CEO Kent Nguyen CTO Andy Bui Head, Vietnam Adrianna Tan VP, Community Kaung Sitt Head, Myanmar 1. Introduction Joichi Ito Director, MIT Media Lab Kia Hong Lim Chairman & CEO, SIS International Dileep Nath Angel investor, co-founder of Kanbay Teruhide Sato President & CEO, Beenos (TYO: 3328) Ivan Lee Founder, Thai Express ACRA UEN No. 201005970E

5. Digitization & Networking are contributing to economic growth at a pace that outstrips pace of Industrial Revolution. 99% of things in physical world not linked to the Internet (yet).. 1% Industrial Revolution A.D. 1760 A.D. 1945 A.D. 1982 Internet A.D. 2013 Atomic, Jet & Space Age Source: “The Global Information Technology Report 2013 - growth & jobs in a Hyperconnected World” - INSEAD-WEF collaboration 30%.. ..of global Internet revenue 40%.. ..of global Internet net income Source: “Internet matters: The Net’s sweeping impact on growth, jobs and prosperity” - McKinsey & Company 2.0b connected to Internet.. ..out of global population of 7b >50% of world’s population live in cities.. ..out of global population of 7b 1. Introduction ACRA UEN No. 201005970E

6. The Internet matters :: almost every vertical or industry is either cannibalised by it, or scales with it. At peak in 1996, 100,000+ staff, US$31B market value wiped out, bankruptcy 13 staff & US$1B exit to Facebook in 2012 from printed to digital from in-person to online from 1-way/ physical media to 2-way/digital from discrete/ in-person to on-demand/ online At peak in 2004, 60,000+ staff, 9,000 stores, bankruptcy from in-person/ physical to card-not- present/digital/ mobile from insecure/ untraceable/upfront to secure/traceable/ escrow from time-limited/ physical presence/ inventory cost to always-on/digital/just- in-time from large pallet logistics to loose- item forward- reverse logistics Typewriter to Word Processor to Cloud and many more... Fixed-line to Mobile Telephony to Mobile Data Mass production to mass customisation 1. Introduction ACRA UEN No. 201005970E

7. 12/09 Silicon Straits appointed as incubator partner for NRF TIS 4/10 1st fund opens 5/10 1st fund initial close. 7/10 9/10 10/10 2/11 3/11 4/11 5/11 6/11 7/11 8/111/11 10/11 11/11 12/11 * * * * * * * * * * * 2/12 5/1211/09 James starts partnership with Joi Ito for 1st fund. co-investments with the National Research Foundation as part of TIS programme Neoteny Labs US$5M fund :: 24 startups in 2 years averaging US$50K - US$500K / investment 2A. Venture Capital, Incubation & Advisory ACRA UEN No. 201005970E

8. Acquired by Eventbrite in Sep ‘2013, amt. undiscl. Acquired by (undiscl.) in Aug ‘2013, amt undiscl. 1st fund has returned US$6.7+ (1.34x) 4 years after its initial US$5M raise with further US$9.1M in unrealised value. Exits Remaining Portfolio from 1st fund Deadpool Acquired by Yelp in Jul ‘2013 for US$12.7M. Acquired by Rakuten in Sep ‘2013 for US$200+M. 4 exits, 7 write-oﬀs (US$546.97K, 13.7% of deployed capital), 13 remaining (US$2.37M, 59.5% of deployed capital) on unrealized AUM of US$9.1M (3.84X CoC) Investments from B/S 2A. Venture Capital, Incubation & Advisory ACRA UEN No. 201005970E

9. Product Development Foundry :: building web and mobile products for individuals & companies 32-pax team in 4,000 sq ft 2-floor office in Ho Chi Minh City, Vietnam Design, UI/UX, Ruby-on-Rails, iOS & Android + internal “lab” projects (products) Time-materials basis, $250 per pax per man-day 147 Ton Dat Tien Street, Phu My Hung, Ho Chi Minh City agile web & mobile product dev open concept 1st floor - Events, F&B, Co-working 2nd floor - Office Stuff built by us: www.geeky.vn HTML 5 version of Silicon Straits mobile appiPad app of Silicon Straits Saigon’s mobile portfolio 2B. Product Development Foundry ACRA UEN No. 201005970E

10. Product Development Foundry :: best-of-breed tools and proven process 2B. Product Development Foundry ACRA UEN No. 201005970E

11. We can build & deliver :: sample project #1 • Completely new architecture, re-write and database migration of vPost web app in 3 months. • Custom CMS, banner management, messaging system with multiple user access & management, CRM/eDM/payment integration, e.t.c. • 1 CTO, 1 PM, 1 UI/UX, 5 Web Dev, 1 Sys Admin on time-materials basis, unclear project scope. • Project was delivered to client on-time in agile manner via RoR and on time-materials billing basis, at 1/6 price of nearest ﬁxed-price quotation. • Client has retained team for ongoing maintenance and new feature development. • Proof of ability to develop & deliver enterprise- grade multiply-redundant mission-critical web app from scratch. Marcelo Wesseler SVP eCommerce, SingPost www.vpost.com.sg 2B. Product Development Foundry ACRA UEN No. 201005970E

12. We can build & deliver :: sample project #2 • Research commercialization collaboration with MIT-SMART, deployable architecture for big data analytics & predictive patrol route recommendation engine for taxis in Singapore. • 1 PM, 1 UI/UX, 3 Web Dev on time-materials basis, evolving project scope. • MVP was delivered to client on-time in agile manner via RoR in under 2 months. • Proof of team’s ability to handle R&D commercialization and big data system architecture in a startup-friendly way. Aﬁan Anwar CSAIL, MIT-SMART www.taxisg.io 2B. Product Development Foundry ACRA UEN No. 201005970E

13. We can build & deliver :: sample project #3 • Startup product MVP, inspired by Vine with initial release in Indonesia after just 2 months. • UI/UX, iOS and Android development to achieve consistent user experience on iPhone and Android (down to version 2.3); non-trivial • Validation of team’s mobile UI/UX and technical expertise. Carl Wong 2B. Product Development Foundry ACRA UEN No. 201005970E

14. We can build & deliver :: sample project #4 • One-oﬀ project with Japanese- based design agency. • Mobile (iOS) app development. • 1 iOS Dev, 1 Back-end Dev. • Proof of team’s ability to manage complex inter-team communications despite working with design partner of ASICS, and not directly with product owner. Paul Baron, Partner, AQ 2B. Product Development Foundry ACRA UEN No. 201005970E

15. We can build & deliver :: other happy clients 2B. Product Development Foundry SpreeCommerce web development Development of API wrapper libraries in 4 diﬀerent languages (Ruby, Python, PHP, C#) Ruby web development and iOS mobile app Design & Development of iOS & Android app UX prototype of payment mobile app Development of iOS app Design and development of Myanmar- focused comic e-book Android app ACRA UEN No. 201005970E

16. Silicon Straits CO.LAB :: 2,000 sq ft hybrid work space that blends co-working & rapid hardware prototyping in Singapore 71 Ayer Rajah Crescent, #06-11/12, Singapore 139951 (CUBES magazine Jun/Jul 2014 feature) 2C. Community & Business Support Services ACRA UEN No. 201005970E

17. Silicon Straits CO.LAB :: bringing together design, hardware & software community in Singapore CO.LAB = CO-working, fab LAB, COLABoration 2C. Community & Business Support Services ACRA UEN No. 201005970E

18. Air Lounge :: hybrid cafe concept in Ho Chi Minh City that blends F&B and community events 2C. Community & Business Support Services Playground for team and Saigon tech community. ACRA UEN No. 201005970E

19. ideabox :: startup incubation & community engagement with Ooredoo Myanmar 2C. Community & Business Support Services ACRA UEN No. 201005970E

20. Other Community Events :: walking the talk Silicon Straits Drinkathon :: beer-meets-code hackfest bonding between developers, developer assessment under stress, developer recruitment • Community-led interest group meet-ups, i.e. Ruby SG, NodeBots, Arduino, ProductCamp • Theme-based events, i.e. design, product management, recruitment • Brown bag lunch talks focused on product development, design, hardware & software 2C. Community & Business Support Services ACRA UEN No. 201005970E

21. HackerX :: startup recruitment a-la speed dating style theme-based hot seat recruitment approach for startups 2C. Community & Business Support Services Other Community Events :: walking the talk ACRA UEN No. 201005970E

22. www.siliconstraits.com@siliconstraits contact@siliconstraits.com 71 Ayer Rajah Crescent, #06-11/12, Singapore 139951 147 Ton Dat Tien Street, Tan Phong Ward, District 7, Ho Chi Minh City Thank You www.facebook.com/siliconstraits MAC Tower, Merchant Road Yangon, Myanmar