SlideShare a Scribd company logo
1 of 25
Alternative Funding Sources & Debt Financing Philip G. Korn - Senior Vice President Emerging Technologies Silicon Valley Bank March 3, 2001
A Bit About SVB - Who We Are ,[object Object],[object Object],[object Object],[object Object],[object Object]
Chicago, IL Phoenix, AZ San Diego, CA Northern Virginia, VA Boston, MA Atlanta, GA Austin, TX Boulder, CO Seattle, WA Portland, OR Napa Valley, CA Sand Hill, CA Palo Alto, CA Santa Clara, CA Los Angeles, CA Irvine, CA SVB SVB SVB SVB SVB SVB SVB SVB SVB SVB SVB SVB SVB SVB SVB SVB SVB Santa Barbara, CA SVB SVB Sonoma, CA SVB Minneapolis, MN Philadelphia, PA SVB Dallas, TX SVB 25 offices nationwide with clients in all 50 states Silicon Valley Bank is the the source of financial services for early-stage companies throughout the United States…
2000 IPO Clients   @Road, Inc. Aclara Biosciences Inc. Advanced Power Technology, Inc. AeroGen, Inc. Alliance Fiber Optic Products, Inc. Applied Molecular Evolution, Inc. Apropos Technology, Inc. Argonaut Technologies Array Biopharma, Inc. AvantGo, Inc. Avenue A, Inc. Centra Software, Inc. Ciphergen Biosystems, Inc. ClickSoftware, Inc. Corillian Corp. CoSine Communications, Inc. CrossWorlds Software, Inc. Cypress Communications, Inc. Deltagen, Inc. DigitalThink Inc. DURECT Corporation Dyax Corp. Eprise Corporation Esperion Therapeutics, Inc. Evergreen Solar, Inc. Evoke Communications, Inc. Exelixis Inc. Genomica Corporation Handspring, Inc. HealthGate Data Corp. iBEAM Broadcasting Corp. I-many, Inc. inSilicon Corporation InterMune Pharmaceuticals Inc. IntraBiotics Pharmaceuticals, Inc. Lightspan Partnership, Inc. Mainspring Communications, Inc. MatrixOne, Inc. McData Corporation Moldflow Corporation Neoforma.com, Inc. Network Engines, Inc. Nogatech, Inc. Nuance Communications, Inc. Numerical Technologies, Inc. OmniSky Corporation Opus360 Corporation OraPharma, Inc. Oratec Interventions, Inc. Organic Inc. Pixelworks, Inc. Quantum Effect Devices, Inc. Rosetta Inpharmatics, Inc. Selectica, Inc. Sequoia Software Corporation Sonic Innovations Inc. Sonus Networks, Inc. Speechworks International, Inc. Support.com, Inc. T/R Systems, Inc. Talarian Corporation Triton Network Systems, Inc. Vicinity Corporation ViryaNet Ltd. webMethods, Inc. Websense Inc. Witness Systems The companies highlighted above represent some, but not all, of Silicon Valley Bank’s current clients which completed initial public offerings during 2000.
Q3 2000 IPO Clients
Silicon Valley Bank Northern California banking niches include the following:   TECHNOLOGY & LIFE SCIENCES - ANGEL / INCUBATOR / BOOTSTRAPPED Emerging Technologies : TECHNOLOGY & LIFE SCIENCES - VENTURE BACKED Online Services Communication & Electronics Software Life Sciences 8
Other Bank Products & Groups ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Recent Bank Developments ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
SVB Emerging Tech Client Focus ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
SVB Emerging Tech Client Focus (cont’d) ,[object Object],[object Object],[object Object]
Typical Needs Early On ,[object Object],[object Object],[object Object],[object Object]
Debt Financing   12
Bank Debt Is Defined As:   12 From
Debt financing has one key difference from equity: IT  MUST  BE PAID BACK!  12
Debt Financing   ,[object Object],[object Object],[object Object],[object Object],[object Object],12
Early Stage Debt Financing Typical Hurdles ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Early Stage Debt Financing Typical Strengths ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Debt Financing Vehicles: ( Who, What & When) Stage of Development / Financial Profile R&D Product Launch Market Penetration Maturity Cash Flow Negative   Cash Flow Positive Available Debt Financing Venture Leasing Niche Banking Factoring Asset Based Traditional Banking 13
Debt Financing:  (Why)   ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],12
Underwriting Criteria:  (How)   ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],14
Sources of Repayment:  (We need 2)   ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],14
Financial Covenants  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],14
What we expect from our borrowers ,[object Object],[object Object],[object Object],[object Object],[object Object],15
Summary ,[object Object],[object Object],[object Object],[object Object],16
Q & A

More Related Content

What's hot

Bankers See Opportunities in Tax Reform – Which Ones Will They Take?
Bankers See Opportunities in Tax Reform – Which Ones Will They Take?Bankers See Opportunities in Tax Reform – Which Ones Will They Take?
Bankers See Opportunities in Tax Reform – Which Ones Will They Take?CBIZ, Inc.
 
Financing Small Business Success: The Rise of Online Lending
Financing Small Business Success: The Rise of Online LendingFinancing Small Business Success: The Rise of Online Lending
Financing Small Business Success: The Rise of Online LendingIntuit Inc.
 
Expert Judgement Credit Rating for SME & Commercial Customers
Expert Judgement Credit Rating for SME & Commercial CustomersExpert Judgement Credit Rating for SME & Commercial Customers
Expert Judgement Credit Rating for SME & Commercial CustomersMike Coates
 
Receivable Finance Canada: Finally Your Clear Explanation Of Factoring & AR F...
Receivable Finance Canada: Finally Your Clear Explanation Of Factoring & AR F...Receivable Finance Canada: Finally Your Clear Explanation Of Factoring & AR F...
Receivable Finance Canada: Finally Your Clear Explanation Of Factoring & AR F...Stan Prokop
 
Future of Wealth Management_Cisco_Fall 2015_LowRes
Future of Wealth Management_Cisco_Fall 2015_LowResFuture of Wealth Management_Cisco_Fall 2015_LowRes
Future of Wealth Management_Cisco_Fall 2015_LowResJoseph Pagano
 
3-5-7 Rule meets Racing to 100 - SURGE Accelerator 2013 Presentation
3-5-7 Rule meets Racing to 100 - SURGE Accelerator 2013 Presentation3-5-7 Rule meets Racing to 100 - SURGE Accelerator 2013 Presentation
3-5-7 Rule meets Racing to 100 - SURGE Accelerator 2013 PresentationAlexander Tang
 
Apple Capital Group_Sales Pitch
Apple Capital Group_Sales PitchApple Capital Group_Sales Pitch
Apple Capital Group_Sales PitchCarlos F. Flores
 
Venture Capital Primer Rev2 101309
Venture Capital Primer Rev2 101309Venture Capital Primer Rev2 101309
Venture Capital Primer Rev2 101309jamerine
 
Angel Investment Clubs Summary
Angel Investment Clubs SummaryAngel Investment Clubs Summary
Angel Investment Clubs Summarysethtemko
 
Credit Review: Risk Evaluation & Due Diligence
Credit Review: Risk Evaluation & Due DiligenceCredit Review: Risk Evaluation & Due Diligence
Credit Review: Risk Evaluation & Due DiligenceHitachi Business Finance
 
Community and regional banks final
Community and regional banks finalCommunity and regional banks final
Community and regional banks finalRahul Rathi
 
Investor pitch (9 03-17) (2)
Investor pitch (9 03-17) (2)Investor pitch (9 03-17) (2)
Investor pitch (9 03-17) (2)Timothy Jacquet
 
Sonder | Series D Deck
Sonder | Series D DeckSonder | Series D Deck
Sonder | Series D DeckEmilyAnnHodges
 
7 small business lenders report to credit bureaus in 2019
7 small business lenders report to credit bureaus in 20197 small business lenders report to credit bureaus in 2019
7 small business lenders report to credit bureaus in 2019Merchant Advisors
 
2015 Venture Capital & Startup Traction Report
2015 Venture Capital & Startup Traction Report2015 Venture Capital & Startup Traction Report
2015 Venture Capital & Startup Traction ReportMattermark
 
2012 Private Banking Report Global
2012 Private Banking Report Global2012 Private Banking Report Global
2012 Private Banking Report Globalmchaille
 
Getting started with SBIR by the isis group
Getting started with SBIR by the isis groupGetting started with SBIR by the isis group
Getting started with SBIR by the isis groupThe Capital Network
 

What's hot (20)

Bankers See Opportunities in Tax Reform – Which Ones Will They Take?
Bankers See Opportunities in Tax Reform – Which Ones Will They Take?Bankers See Opportunities in Tax Reform – Which Ones Will They Take?
Bankers See Opportunities in Tax Reform – Which Ones Will They Take?
 
Financing Small Business Success: The Rise of Online Lending
Financing Small Business Success: The Rise of Online LendingFinancing Small Business Success: The Rise of Online Lending
Financing Small Business Success: The Rise of Online Lending
 
Jumpstart To Career
Jumpstart To CareerJumpstart To Career
Jumpstart To Career
 
Expert Judgement Credit Rating for SME & Commercial Customers
Expert Judgement Credit Rating for SME & Commercial CustomersExpert Judgement Credit Rating for SME & Commercial Customers
Expert Judgement Credit Rating for SME & Commercial Customers
 
Receivable Finance Canada: Finally Your Clear Explanation Of Factoring & AR F...
Receivable Finance Canada: Finally Your Clear Explanation Of Factoring & AR F...Receivable Finance Canada: Finally Your Clear Explanation Of Factoring & AR F...
Receivable Finance Canada: Finally Your Clear Explanation Of Factoring & AR F...
 
How Fundable is Your Business
How Fundable is Your BusinessHow Fundable is Your Business
How Fundable is Your Business
 
Future of Wealth Management_Cisco_Fall 2015_LowRes
Future of Wealth Management_Cisco_Fall 2015_LowResFuture of Wealth Management_Cisco_Fall 2015_LowRes
Future of Wealth Management_Cisco_Fall 2015_LowRes
 
3-5-7 Rule meets Racing to 100 - SURGE Accelerator 2013 Presentation
3-5-7 Rule meets Racing to 100 - SURGE Accelerator 2013 Presentation3-5-7 Rule meets Racing to 100 - SURGE Accelerator 2013 Presentation
3-5-7 Rule meets Racing to 100 - SURGE Accelerator 2013 Presentation
 
Funding outside the box keany
Funding outside the box   keanyFunding outside the box   keany
Funding outside the box keany
 
Apple Capital Group_Sales Pitch
Apple Capital Group_Sales PitchApple Capital Group_Sales Pitch
Apple Capital Group_Sales Pitch
 
Venture Capital Primer Rev2 101309
Venture Capital Primer Rev2 101309Venture Capital Primer Rev2 101309
Venture Capital Primer Rev2 101309
 
Angel Investment Clubs Summary
Angel Investment Clubs SummaryAngel Investment Clubs Summary
Angel Investment Clubs Summary
 
Credit Review: Risk Evaluation & Due Diligence
Credit Review: Risk Evaluation & Due DiligenceCredit Review: Risk Evaluation & Due Diligence
Credit Review: Risk Evaluation & Due Diligence
 
Community and regional banks final
Community and regional banks finalCommunity and regional banks final
Community and regional banks final
 
Investor pitch (9 03-17) (2)
Investor pitch (9 03-17) (2)Investor pitch (9 03-17) (2)
Investor pitch (9 03-17) (2)
 
Sonder | Series D Deck
Sonder | Series D DeckSonder | Series D Deck
Sonder | Series D Deck
 
7 small business lenders report to credit bureaus in 2019
7 small business lenders report to credit bureaus in 20197 small business lenders report to credit bureaus in 2019
7 small business lenders report to credit bureaus in 2019
 
2015 Venture Capital & Startup Traction Report
2015 Venture Capital & Startup Traction Report2015 Venture Capital & Startup Traction Report
2015 Venture Capital & Startup Traction Report
 
2012 Private Banking Report Global
2012 Private Banking Report Global2012 Private Banking Report Global
2012 Private Banking Report Global
 
Getting started with SBIR by the isis group
Getting started with SBIR by the isis groupGetting started with SBIR by the isis group
Getting started with SBIR by the isis group
 

Similar to Debt fin philip

How to Finance Your Company
How to Finance Your Company How to Finance Your Company
How to Finance Your Company Artie Berne
 
The Capital Raising Ladder
The Capital Raising LadderThe Capital Raising Ladder
The Capital Raising LadderDavid Crow
 
The Transformation Underway in FinTech Lending
The Transformation Underway in FinTech LendingThe Transformation Underway in FinTech Lending
The Transformation Underway in FinTech LendingDushyant Shahrawat, CFA
 
Funding Options for Early-Stage Companies
Funding Options for Early-Stage CompaniesFunding Options for Early-Stage Companies
Funding Options for Early-Stage CompaniesThe Capital Network
 
Strategic Capital Partners Pitch Deck
Strategic Capital Partners Pitch DeckStrategic Capital Partners Pitch Deck
Strategic Capital Partners Pitch DeckRyan Ridgway
 
Finance And Business Planning
Finance And Business PlanningFinance And Business Planning
Finance And Business PlanningOlesea FORTUNA
 
Finance And Business Planning
Finance And Business PlanningFinance And Business Planning
Finance And Business PlanningOlesea FORTUNA
 
20 most innovative companies in Fintech Industry
20 most innovative companies  in Fintech Industry20 most innovative companies  in Fintech Industry
20 most innovative companies in Fintech IndustrySumit Roy
 
Revenue Based Financing Webinar- for Salesforce ISV's
Revenue Based Financing Webinar- for Salesforce ISV'sRevenue Based Financing Webinar- for Salesforce ISV's
Revenue Based Financing Webinar- for Salesforce ISV'sLighter Capital
 
Venture capital equity funding explained - Paula Mariwala, Seed Fund
Venture capital   equity funding explained - Paula Mariwala, Seed FundVenture capital   equity funding explained - Paula Mariwala, Seed Fund
Venture capital equity funding explained - Paula Mariwala, Seed Fundtiemumbai
 
Funding Options for SaaS Compaines
Funding Options for SaaS CompainesFunding Options for SaaS Compaines
Funding Options for SaaS CompainesLighter Capital
 
Alex Sergiwa AmCham Investment Acquisition Strategy Slide Deck
Alex Sergiwa AmCham Investment Acquisition Strategy Slide DeckAlex Sergiwa AmCham Investment Acquisition Strategy Slide Deck
Alex Sergiwa AmCham Investment Acquisition Strategy Slide DeckAlexander Sergiwa
 
How to fund your growth for 2015 ? Discover revenue-based financing
How to fund your growth for 2015 ? Discover revenue-based financing How to fund your growth for 2015 ? Discover revenue-based financing
How to fund your growth for 2015 ? Discover revenue-based financing Lighter Capital
 
Venture Capital Primer Rev6
Venture Capital Primer Rev6Venture Capital Primer Rev6
Venture Capital Primer Rev6jamerine
 
Four Things Economic Development Prospects Want
Four Things Economic Development Prospects WantFour Things Economic Development Prospects Want
Four Things Economic Development Prospects WantAtlas Integrated
 
Leveraging Data to Increase Efficiency and Create Alternative Revenue Streams
Leveraging Data to Increase Efficiency and Create Alternative Revenue StreamsLeveraging Data to Increase Efficiency and Create Alternative Revenue Streams
Leveraging Data to Increase Efficiency and Create Alternative Revenue StreamsBiz2Credit
 
Entrepreneur Express - Finance
Entrepreneur Express - FinanceEntrepreneur Express - Finance
Entrepreneur Express - FinanceKathryn Dolan
 

Similar to Debt fin philip (20)

Executive Summary
Executive SummaryExecutive Summary
Executive Summary
 
How to Finance Your Company
How to Finance Your Company How to Finance Your Company
How to Finance Your Company
 
The Capital Raising Ladder
The Capital Raising LadderThe Capital Raising Ladder
The Capital Raising Ladder
 
The Transformation Underway in FinTech Lending
The Transformation Underway in FinTech LendingThe Transformation Underway in FinTech Lending
The Transformation Underway in FinTech Lending
 
Funding Options for Early-Stage Companies
Funding Options for Early-Stage CompaniesFunding Options for Early-Stage Companies
Funding Options for Early-Stage Companies
 
Strategic Capital Partners Pitch Deck
Strategic Capital Partners Pitch DeckStrategic Capital Partners Pitch Deck
Strategic Capital Partners Pitch Deck
 
Finance And Business Planning
Finance And Business PlanningFinance And Business Planning
Finance And Business Planning
 
Finance And Business Planning
Finance And Business PlanningFinance And Business Planning
Finance And Business Planning
 
20 most innovative companies in Fintech Industry
20 most innovative companies  in Fintech Industry20 most innovative companies  in Fintech Industry
20 most innovative companies in Fintech Industry
 
Revenue Based Financing Webinar- for Salesforce ISV's
Revenue Based Financing Webinar- for Salesforce ISV'sRevenue Based Financing Webinar- for Salesforce ISV's
Revenue Based Financing Webinar- for Salesforce ISV's
 
Venture capital equity funding explained - Paula Mariwala, Seed Fund
Venture capital   equity funding explained - Paula Mariwala, Seed FundVenture capital   equity funding explained - Paula Mariwala, Seed Fund
Venture capital equity funding explained - Paula Mariwala, Seed Fund
 
sbm-powerpoint.pdf
sbm-powerpoint.pdfsbm-powerpoint.pdf
sbm-powerpoint.pdf
 
Funding Options for SaaS Compaines
Funding Options for SaaS CompainesFunding Options for SaaS Compaines
Funding Options for SaaS Compaines
 
Alex Sergiwa AmCham Investment Acquisition Strategy Slide Deck
Alex Sergiwa AmCham Investment Acquisition Strategy Slide DeckAlex Sergiwa AmCham Investment Acquisition Strategy Slide Deck
Alex Sergiwa AmCham Investment Acquisition Strategy Slide Deck
 
How to fund your growth for 2015 ? Discover revenue-based financing
How to fund your growth for 2015 ? Discover revenue-based financing How to fund your growth for 2015 ? Discover revenue-based financing
How to fund your growth for 2015 ? Discover revenue-based financing
 
Venture Capital Primer Rev6
Venture Capital Primer Rev6Venture Capital Primer Rev6
Venture Capital Primer Rev6
 
Four Things Economic Development Prospects Want
Four Things Economic Development Prospects WantFour Things Economic Development Prospects Want
Four Things Economic Development Prospects Want
 
Leveraging Data to Increase Efficiency and Create Alternative Revenue Streams
Leveraging Data to Increase Efficiency and Create Alternative Revenue StreamsLeveraging Data to Increase Efficiency and Create Alternative Revenue Streams
Leveraging Data to Increase Efficiency and Create Alternative Revenue Streams
 
Entrepreneur Express - Finance
Entrepreneur Express - FinanceEntrepreneur Express - Finance
Entrepreneur Express - Finance
 
Funding 101 9-19-17
Funding 101 9-19-17Funding 101 9-19-17
Funding 101 9-19-17
 

Recently uploaded

Stock Market Brief Deck for 4/24/24 .pdf
Stock Market Brief Deck for 4/24/24 .pdfStock Market Brief Deck for 4/24/24 .pdf
Stock Market Brief Deck for 4/24/24 .pdfMichael Silva
 
How Automation is Driving Efficiency Through the Last Mile of Reporting
How Automation is Driving Efficiency Through the Last Mile of ReportingHow Automation is Driving Efficiency Through the Last Mile of Reporting
How Automation is Driving Efficiency Through the Last Mile of ReportingAggregage
 
Bladex Earnings Call Presentation 1Q2024
Bladex Earnings Call Presentation 1Q2024Bladex Earnings Call Presentation 1Q2024
Bladex Earnings Call Presentation 1Q2024Bladex
 
High Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur Escorts
High Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur EscortsHigh Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur Escorts
High Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur Escortsranjana rawat
 
Russian Call Girls In Gtb Nagar (Delhi) 9711199012 💋✔💕😘 Naughty Call Girls Se...
Russian Call Girls In Gtb Nagar (Delhi) 9711199012 💋✔💕😘 Naughty Call Girls Se...Russian Call Girls In Gtb Nagar (Delhi) 9711199012 💋✔💕😘 Naughty Call Girls Se...
Russian Call Girls In Gtb Nagar (Delhi) 9711199012 💋✔💕😘 Naughty Call Girls Se...shivangimorya083
 
Financial institutions facilitate financing, economic transactions, issue fun...
Financial institutions facilitate financing, economic transactions, issue fun...Financial institutions facilitate financing, economic transactions, issue fun...
Financial institutions facilitate financing, economic transactions, issue fun...Avanish Goel
 
Monthly Market Risk Update: April 2024 [SlideShare]
Monthly Market Risk Update: April 2024 [SlideShare]Monthly Market Risk Update: April 2024 [SlideShare]
Monthly Market Risk Update: April 2024 [SlideShare]Commonwealth
 
VIP Call Girls Service Begumpet Hyderabad Call +91-8250192130
VIP Call Girls Service Begumpet Hyderabad Call +91-8250192130VIP Call Girls Service Begumpet Hyderabad Call +91-8250192130
VIP Call Girls Service Begumpet Hyderabad Call +91-8250192130Suhani Kapoor
 
BPPG response - Options for Defined Benefit schemes - 19Apr24.pdf
BPPG response - Options for Defined Benefit schemes - 19Apr24.pdfBPPG response - Options for Defined Benefit schemes - 19Apr24.pdf
BPPG response - Options for Defined Benefit schemes - 19Apr24.pdfHenry Tapper
 
Unveiling the Top Chartered Accountants in India and Their Staggering Net Worth
Unveiling the Top Chartered Accountants in India and Their Staggering Net WorthUnveiling the Top Chartered Accountants in India and Their Staggering Net Worth
Unveiling the Top Chartered Accountants in India and Their Staggering Net WorthShaheen Kumar
 
Call Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur Escorts
Call Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur EscortsCall Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur Escorts
Call Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur Escortsranjana rawat
 
government_intervention_in_business_ownership[1].pdf
government_intervention_in_business_ownership[1].pdfgovernment_intervention_in_business_ownership[1].pdf
government_intervention_in_business_ownership[1].pdfshaunmashale756
 
VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130
VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130
VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130Suhani Kapoor
 
call girls in Nand Nagri (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
call girls in  Nand Nagri (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️call girls in  Nand Nagri (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
call girls in Nand Nagri (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️9953056974 Low Rate Call Girls In Saket, Delhi NCR
 
Authentic No 1 Amil Baba In Pakistan Authentic No 1 Amil Baba In Karachi No 1...
Authentic No 1 Amil Baba In Pakistan Authentic No 1 Amil Baba In Karachi No 1...Authentic No 1 Amil Baba In Pakistan Authentic No 1 Amil Baba In Karachi No 1...
Authentic No 1 Amil Baba In Pakistan Authentic No 1 Amil Baba In Karachi No 1...First NO1 World Amil baba in Faisalabad
 
High Class Call Girls Nashik Maya 7001305949 Independent Escort Service Nashik
High Class Call Girls Nashik Maya 7001305949 Independent Escort Service NashikHigh Class Call Girls Nashik Maya 7001305949 Independent Escort Service Nashik
High Class Call Girls Nashik Maya 7001305949 Independent Escort Service NashikCall Girls in Nagpur High Profile
 
Call Girls In Yusuf Sarai Women Seeking Men 9654467111
Call Girls In Yusuf Sarai Women Seeking Men 9654467111Call Girls In Yusuf Sarai Women Seeking Men 9654467111
Call Girls In Yusuf Sarai Women Seeking Men 9654467111Sapana Sha
 
Classical Theory of Macroeconomics by Adam Smith
Classical Theory of Macroeconomics by Adam SmithClassical Theory of Macroeconomics by Adam Smith
Classical Theory of Macroeconomics by Adam SmithAdamYassin2
 

Recently uploaded (20)

Stock Market Brief Deck for 4/24/24 .pdf
Stock Market Brief Deck for 4/24/24 .pdfStock Market Brief Deck for 4/24/24 .pdf
Stock Market Brief Deck for 4/24/24 .pdf
 
🔝9953056974 🔝Call Girls In Dwarka Escort Service Delhi NCR
🔝9953056974 🔝Call Girls In Dwarka Escort Service Delhi NCR🔝9953056974 🔝Call Girls In Dwarka Escort Service Delhi NCR
🔝9953056974 🔝Call Girls In Dwarka Escort Service Delhi NCR
 
How Automation is Driving Efficiency Through the Last Mile of Reporting
How Automation is Driving Efficiency Through the Last Mile of ReportingHow Automation is Driving Efficiency Through the Last Mile of Reporting
How Automation is Driving Efficiency Through the Last Mile of Reporting
 
Bladex Earnings Call Presentation 1Q2024
Bladex Earnings Call Presentation 1Q2024Bladex Earnings Call Presentation 1Q2024
Bladex Earnings Call Presentation 1Q2024
 
High Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur Escorts
High Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur EscortsHigh Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur Escorts
High Class Call Girls Nagpur Grishma Call 7001035870 Meet With Nagpur Escorts
 
Russian Call Girls In Gtb Nagar (Delhi) 9711199012 💋✔💕😘 Naughty Call Girls Se...
Russian Call Girls In Gtb Nagar (Delhi) 9711199012 💋✔💕😘 Naughty Call Girls Se...Russian Call Girls In Gtb Nagar (Delhi) 9711199012 💋✔💕😘 Naughty Call Girls Se...
Russian Call Girls In Gtb Nagar (Delhi) 9711199012 💋✔💕😘 Naughty Call Girls Se...
 
Financial institutions facilitate financing, economic transactions, issue fun...
Financial institutions facilitate financing, economic transactions, issue fun...Financial institutions facilitate financing, economic transactions, issue fun...
Financial institutions facilitate financing, economic transactions, issue fun...
 
Monthly Market Risk Update: April 2024 [SlideShare]
Monthly Market Risk Update: April 2024 [SlideShare]Monthly Market Risk Update: April 2024 [SlideShare]
Monthly Market Risk Update: April 2024 [SlideShare]
 
VIP Call Girls Service Begumpet Hyderabad Call +91-8250192130
VIP Call Girls Service Begumpet Hyderabad Call +91-8250192130VIP Call Girls Service Begumpet Hyderabad Call +91-8250192130
VIP Call Girls Service Begumpet Hyderabad Call +91-8250192130
 
BPPG response - Options for Defined Benefit schemes - 19Apr24.pdf
BPPG response - Options for Defined Benefit schemes - 19Apr24.pdfBPPG response - Options for Defined Benefit schemes - 19Apr24.pdf
BPPG response - Options for Defined Benefit schemes - 19Apr24.pdf
 
Unveiling the Top Chartered Accountants in India and Their Staggering Net Worth
Unveiling the Top Chartered Accountants in India and Their Staggering Net WorthUnveiling the Top Chartered Accountants in India and Their Staggering Net Worth
Unveiling the Top Chartered Accountants in India and Their Staggering Net Worth
 
Call Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur Escorts
Call Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur EscortsCall Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur Escorts
Call Girls Service Nagpur Maya Call 7001035870 Meet With Nagpur Escorts
 
government_intervention_in_business_ownership[1].pdf
government_intervention_in_business_ownership[1].pdfgovernment_intervention_in_business_ownership[1].pdf
government_intervention_in_business_ownership[1].pdf
 
VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130
VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130
VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130
 
call girls in Nand Nagri (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
call girls in  Nand Nagri (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️call girls in  Nand Nagri (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
call girls in Nand Nagri (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
 
Authentic No 1 Amil Baba In Pakistan Authentic No 1 Amil Baba In Karachi No 1...
Authentic No 1 Amil Baba In Pakistan Authentic No 1 Amil Baba In Karachi No 1...Authentic No 1 Amil Baba In Pakistan Authentic No 1 Amil Baba In Karachi No 1...
Authentic No 1 Amil Baba In Pakistan Authentic No 1 Amil Baba In Karachi No 1...
 
High Class Call Girls Nashik Maya 7001305949 Independent Escort Service Nashik
High Class Call Girls Nashik Maya 7001305949 Independent Escort Service NashikHigh Class Call Girls Nashik Maya 7001305949 Independent Escort Service Nashik
High Class Call Girls Nashik Maya 7001305949 Independent Escort Service Nashik
 
Call Girls In Yusuf Sarai Women Seeking Men 9654467111
Call Girls In Yusuf Sarai Women Seeking Men 9654467111Call Girls In Yusuf Sarai Women Seeking Men 9654467111
Call Girls In Yusuf Sarai Women Seeking Men 9654467111
 
Classical Theory of Macroeconomics by Adam Smith
Classical Theory of Macroeconomics by Adam SmithClassical Theory of Macroeconomics by Adam Smith
Classical Theory of Macroeconomics by Adam Smith
 
Commercial Bank Economic Capsule - April 2024
Commercial Bank Economic Capsule - April 2024Commercial Bank Economic Capsule - April 2024
Commercial Bank Economic Capsule - April 2024
 

Debt fin philip

  • 1. Alternative Funding Sources & Debt Financing Philip G. Korn - Senior Vice President Emerging Technologies Silicon Valley Bank March 3, 2001
  • 2.
  • 3. Chicago, IL Phoenix, AZ San Diego, CA Northern Virginia, VA Boston, MA Atlanta, GA Austin, TX Boulder, CO Seattle, WA Portland, OR Napa Valley, CA Sand Hill, CA Palo Alto, CA Santa Clara, CA Los Angeles, CA Irvine, CA SVB SVB SVB SVB SVB SVB SVB SVB SVB SVB SVB SVB SVB SVB SVB SVB SVB Santa Barbara, CA SVB SVB Sonoma, CA SVB Minneapolis, MN Philadelphia, PA SVB Dallas, TX SVB 25 offices nationwide with clients in all 50 states Silicon Valley Bank is the the source of financial services for early-stage companies throughout the United States…
  • 4. 2000 IPO Clients @Road, Inc. Aclara Biosciences Inc. Advanced Power Technology, Inc. AeroGen, Inc. Alliance Fiber Optic Products, Inc. Applied Molecular Evolution, Inc. Apropos Technology, Inc. Argonaut Technologies Array Biopharma, Inc. AvantGo, Inc. Avenue A, Inc. Centra Software, Inc. Ciphergen Biosystems, Inc. ClickSoftware, Inc. Corillian Corp. CoSine Communications, Inc. CrossWorlds Software, Inc. Cypress Communications, Inc. Deltagen, Inc. DigitalThink Inc. DURECT Corporation Dyax Corp. Eprise Corporation Esperion Therapeutics, Inc. Evergreen Solar, Inc. Evoke Communications, Inc. Exelixis Inc. Genomica Corporation Handspring, Inc. HealthGate Data Corp. iBEAM Broadcasting Corp. I-many, Inc. inSilicon Corporation InterMune Pharmaceuticals Inc. IntraBiotics Pharmaceuticals, Inc. Lightspan Partnership, Inc. Mainspring Communications, Inc. MatrixOne, Inc. McData Corporation Moldflow Corporation Neoforma.com, Inc. Network Engines, Inc. Nogatech, Inc. Nuance Communications, Inc. Numerical Technologies, Inc. OmniSky Corporation Opus360 Corporation OraPharma, Inc. Oratec Interventions, Inc. Organic Inc. Pixelworks, Inc. Quantum Effect Devices, Inc. Rosetta Inpharmatics, Inc. Selectica, Inc. Sequoia Software Corporation Sonic Innovations Inc. Sonus Networks, Inc. Speechworks International, Inc. Support.com, Inc. T/R Systems, Inc. Talarian Corporation Triton Network Systems, Inc. Vicinity Corporation ViryaNet Ltd. webMethods, Inc. Websense Inc. Witness Systems The companies highlighted above represent some, but not all, of Silicon Valley Bank’s current clients which completed initial public offerings during 2000.
  • 5. Q3 2000 IPO Clients
  • 6. Silicon Valley Bank Northern California banking niches include the following: TECHNOLOGY & LIFE SCIENCES - ANGEL / INCUBATOR / BOOTSTRAPPED Emerging Technologies : TECHNOLOGY & LIFE SCIENCES - VENTURE BACKED Online Services Communication & Electronics Software Life Sciences 8
  • 7.
  • 8.
  • 9.
  • 10.
  • 11.
  • 13. Bank Debt Is Defined As: 12 From
  • 14. Debt financing has one key difference from equity: IT MUST BE PAID BACK! 12
  • 15.
  • 16.
  • 17.
  • 18. Debt Financing Vehicles: ( Who, What & When) Stage of Development / Financial Profile R&D Product Launch Market Penetration Maturity Cash Flow Negative Cash Flow Positive Available Debt Financing Venture Leasing Niche Banking Factoring Asset Based Traditional Banking 13
  • 19.
  • 20.
  • 21.
  • 22.
  • 23.
  • 24.
  • 25. Q & A

Editor's Notes

  1. 1
  2. 1