by Barış Aksoy @baris
US Fundraising
Innovation Nest – Poland most active
seed fund invites hand selected
companies to a series of closed
events. This one is about money.
WHAT IS THIS?
Baris runs 37-ventures.com, firm that
focuses mainly on tech companies. 

Previously, he has been a Director at Intel Capital. He is
also a board observer for Caring.com, Crowdstar, Nokta
Medya, and Sense Networks. Baris’ other investments
are Kno and Yume. Baris also invested in and managed
exits for OpenFeint (acquired by Gree, Inc.)
WHO IS BARIŞ?
A little bit of perspective
”
Most venture deals
are done in the US
You may have heard:
No.ofDeals
0
500
1000
1500
2000
2500
2008 2009 2010 2011 2012 2013 2014
Way more than half of all 

deals are done in the US alone.
Source: Preqin
US
EUROPE
& OTHERS
US also leads M&A activities
Regional deal value (%)
2010 2011 2012 2013 First half
of 2014
989915
15
141415
13
23
262331
26
5252
54
4545
US EUROPE
ASIA
OTHER
Source: Thomson One
Out of which tech M&A
is a healthy share
Tech share of U.S. M&A deals (%)
2010 2011 2012 2013 2014
14
13
1010
11
AND IT’S
GROWING!
Source: Thomson One
How about Europe?
Four major markets 

grab VC $ in Europe
Source: blog - yankeesabralimey
ISRAEL
UK & 

IRELAND
DACH
Deutschland, Austria,
Switzerland
NORDIC
OTHER
$500M+
$440M+
$200M+
$180M+
~$120M
Good news is US VCs tend 

to invest in later stage
European startups
Seed (<2) Early Venture (2-8) Venture (8-20) Growth (20-100) Mega (>100)
67%
55%
22%
10%10%
33%
45%
78%
90%90%
The later the stage, geography
is less and less important
Did US VC firm participate in European & Israeli VC rounds?
NOYES
So… should you move there?
Can you
handle it?
So… should you move there?
Where is your target
customer base?
Where is your target
talent base?
Do you have
traction / product-
market fit in US?
Can your company
support a move?
THE
US
THE
US
YES
YES YES
If yes, then raise…
• Seed or A in US
• Angels, syndicates, early-stage VCs
• Platforms (AngelList, FundersClub,
KickStarter, etc.)
YES
Advice on Fundraising Process
Advice on Fundraising Process
a. Create a target list of investors
b. Create a solid intro boilerplate, deck, pitch, etc.
c. Manage syndicate yourself or find a lead
d. Create sense of urgency
e. Don’t forget: you can’t divorce your VC (pick wise)
f. Pitch: Passion / Market / Team
g. Show momentum / traction well
h. Run the transaction process till close (= money in the bank)
i. Learn from rejection
j. #1 priority is your business, not investors
This presentation is brought to you by Innovation Nest

Learn more about us at innovationnest.co

Why should you consider moving to Silicon valley? - Baris Aksoy - Innovation Nest Mentors

  • 1.
    by Barış Aksoy@baris US Fundraising
  • 2.
    Innovation Nest – Polandmost active seed fund invites hand selected companies to a series of closed events. This one is about money. WHAT IS THIS?
  • 3.
    Baris runs 37-ventures.com,firm that focuses mainly on tech companies. 
 Previously, he has been a Director at Intel Capital. He is also a board observer for Caring.com, Crowdstar, Nokta Medya, and Sense Networks. Baris’ other investments are Kno and Yume. Baris also invested in and managed exits for OpenFeint (acquired by Gree, Inc.) WHO IS BARIŞ?
  • 4.
    A little bitof perspective ” Most venture deals are done in the US You may have heard:
  • 5.
    No.ofDeals 0 500 1000 1500 2000 2500 2008 2009 20102011 2012 2013 2014 Way more than half of all 
 deals are done in the US alone. Source: Preqin US EUROPE & OTHERS
  • 6.
    US also leadsM&A activities Regional deal value (%) 2010 2011 2012 2013 First half of 2014 989915 15 141415 13 23 262331 26 5252 54 4545 US EUROPE ASIA OTHER Source: Thomson One
  • 7.
    Out of whichtech M&A is a healthy share Tech share of U.S. M&A deals (%) 2010 2011 2012 2013 2014 14 13 1010 11 AND IT’S GROWING! Source: Thomson One
  • 8.
  • 9.
    Four major markets
 grab VC $ in Europe Source: blog - yankeesabralimey ISRAEL UK & 
 IRELAND DACH Deutschland, Austria, Switzerland NORDIC OTHER $500M+ $440M+ $200M+ $180M+ ~$120M
  • 10.
    Good news isUS VCs tend 
 to invest in later stage European startups
  • 11.
    Seed (<2) EarlyVenture (2-8) Venture (8-20) Growth (20-100) Mega (>100) 67% 55% 22% 10%10% 33% 45% 78% 90%90% The later the stage, geography is less and less important Did US VC firm participate in European & Israeli VC rounds? NOYES
  • 12.
    So… should youmove there?
  • 13.
    Can you handle it? So…should you move there? Where is your target customer base? Where is your target talent base? Do you have traction / product- market fit in US? Can your company support a move? THE US THE US YES YES YES
  • 14.
    If yes, thenraise… • Seed or A in US • Angels, syndicates, early-stage VCs • Platforms (AngelList, FundersClub, KickStarter, etc.) YES
  • 15.
  • 16.
    Advice on FundraisingProcess a. Create a target list of investors b. Create a solid intro boilerplate, deck, pitch, etc. c. Manage syndicate yourself or find a lead d. Create sense of urgency e. Don’t forget: you can’t divorce your VC (pick wise) f. Pitch: Passion / Market / Team g. Show momentum / traction well h. Run the transaction process till close (= money in the bank) i. Learn from rejection j. #1 priority is your business, not investors
  • 17.
    This presentation isbrought to you by Innovation Nest
 Learn more about us at innovationnest.co