Human-assisted AI for building & running
bespoke software.


NOAH Berlin 2019
OVERVIEW 2019
 @NOAHConference
 @noah_conference
 @noah-conference
 @NOAHConference
FOLLOW USONSOCIAL
©engineer.ai 2018
© Engineer.ai 2019
Everyone is a Builder
Everyone should be empowered to unlock their
true potential irrespective of what they know, what
they have and what they are afraid of.
© Engineer.ai 2019
Everyone is a Builder, meet Alex
Alex has his own dental practice.
Alex can now build his idea without wasting money on
common code, hiring a project manager or ever having to
speak to an engineer.
Alex found his solution in Builder.ai. He wanted to build an
“Uber for Dentists”.
Wants to digitally transform his practice quickly, without
having any technical expertise.
© Engineer.ai 2019
Tens of Millions of People like Alex
Entrepreneurs & businesses are
spending more on Bespoke
Software than ever before.
$530B
Freelance Tech Work in 2017 1
1. "Can the blockchain really disrupt the middleman freelance platform ...." 14 Feb. 2018, https://hackernoon.com/can-the-blockchain-really-disrupt-the-middleman-freelance-platform-market-50c1ee5282f7. Accessed 30 July. 2018.

2. "The Standish Group Report Chaos - Project Smart." https://www.projectsmart.co.uk/white-papers/chaos-report.pdf. Accessed 30 July. 2018.
© Engineer.ai 2019
And it goes beyond folks like Alex
1. "Can the blockchain really disrupt the middleman freelance platform ...." 14 Feb. 2018, https://hackernoon.com/can-the-blockchain-really-disrupt-the-middleman-freelance-platform-market-50c1ee5282f7. Accessed 30 July. 2018.

2. "The Standish Group Report Chaos - Project Smart." https://www.projectsmart.co.uk/white-papers/chaos-report.pdf. Accessed 30 July. 2018.
Tech
Companies
Software First
Companies
Software Powered
Companies
Digitally Starved
1
2
3
4
Entrepreneurs & Intrapreneurs
that are innovating at the edge
of larger companies.
Cat 1 & 2 are innovating at the edge, where its
managers who want to build whereas in 3 & 4
its the owners or entrepreneurs themselves.
© Engineer.ai 2019
1. "Can the blockchain really disrupt the middleman freelance platform ...." 14 Feb. 2018, https://hackernoon.com/can-the-blockchain-really-disrupt-the-middleman-freelance-platform-market-50c1ee5282f7. Accessed 30 July. 2018.

2. "The Standish Group Report Chaos - Project Smart." https://www.projectsmart.co.uk/white-papers/chaos-report.pdf. Accessed 30 July. 2018.
Tech
Companies
Software First
Companies
Software Powered
Companies
Digitally Starved
1
2
3
4
Entrepreneurs & Intrapreneurs
that are innovating at the edge
of larger companies.
And it goes beyond folks like Alex
Cat 1 & 2 are innovating at the edge, where its
managers who want to build whereas in 3 & 4
its the owners or entrepreneurs themselves.
© Engineer.ai 2019
Failure because it’s a broken process
1. "Can the blockchain really disrupt the middleman freelance platform ...." 14 Feb. 2018, https://hackernoon.com/can-the-blockchain-really-disrupt-the-middleman-freelance-platform-market-50c1ee5282f7. Accessed 30 July. 2018.

2. "The Standish Group Report Chaos - Project Smart." https://www.projectsmart.co.uk/white-papers/chaos-report.pdf. Accessed 30 July. 2018.
Building software is the most
complicated undertaking most people
will take. It’s still a cottage industry.
incomplete specs
fragmented supply
time & material delivery
lack of trust in supply
no reusability of code
$530B
Freelance Tech Work in 2017 1
78%Projects Failed 2
© Engineer.ai 2019
Build & Run software without ever
having to understand the technology.
Your partner for life.
BESPOKE SOFTWARE MADE SIMPLE
PEACE OF MIND
RUN EFFICIENTLY
© Engineer.ai 2019
Forecast2.2x Revenue Growth | 8x Supply Growth | 4x Customer Growth
$60M Total Bootstrapped Revenue
85 to 170 people in 12 months | Largest Series A in Europe
18 Months
Key Lessons
© Engineer.ai 2019
Customer Efficacy
1. "Can the blockchain really disrupt the middleman freelance platform ...." 14 Feb. 2018, https://hackernoon.com/can-the-blockchain-really-disrupt-the-middleman-freelance-platform-market-50c1ee5282f7. Accessed 30 July. 2018.

2. "The Standish Group Report Chaos - Project Smart." https://www.projectsmart.co.uk/white-papers/chaos-report.pdf. Accessed 30 July. 2018.
Our customers are battling
between fear of irrelevance or
failure.
● We’re creating their escape velocity
powering them to break out of the cycle.
● This is based on emotion (quantum) and
trust (vector).
● Emotion is created through bringing them
closer to reality and trust is about giving
them control / transparency.
Escape
Velocity
Line of Fear
© Engineer.ai 2019
Demand Strength
1. "Can the blockchain really disrupt the middleman freelance platform ...." 14 Feb. 2018, https://hackernoon.com/can-the-blockchain-really-disrupt-the-middleman-freelance-platform-market-50c1ee5282f7. Accessed 30 July. 2018.

2. "The Standish Group Report Chaos - Project Smart." https://www.projectsmart.co.uk/white-papers/chaos-report.pdf. Accessed 30 July. 2018.
Virtually limit less demand for building ideas.
Just the US Alone
$341m a month of purchase.
Globally 20x
$7bn a month of purchase.
Not typical enterprise
Short lead cycles, ripe for growth disruption.
$7 Trillion Potential
Everyone’s a Software Company.
Demand for our keywords in a single month in the US.
© Engineer.ai 2019
Scaling the machine
Virtually limit less demand for building ideas.
North Star 10K Concurrent Projects
$10bn Company | World’s Largest S/w Co.
Middle of the Funnel Problem
Control Top of the Funnel Growth.
Find Heroes not Celebrities
People who move the needle. Over index Culture.
Build a Biz not a Project
Key economic drivers matter.
Thank you. Come join the
#BuilderGeneration
Selected Completed NOAH Transactions
Focus on Leading European Internet companies
Covering over 400 companies across 25 online
verticals, a broad range of over 500 investors as
well as 100+ online-focused corporates
Deep understanding of industry dynamics
Ability to add value beyond banking advice
Facilitates overall process and minimizes
management distraction
NOAH Advisors is globally well connected
and has direct access to virtually all key
players in the industry
Knowledge of and strong relationships with
potential buyers’ key decision makers
Proactively finds and unlocks attractive
investment opportunities for leading investors
Annual NOAH Conference in its 10th year
Over 40 years of combined relevant M&A experience
Routine execution of M&A and financing transactions
with sizes of several billion euros
30 successfully completed NOAH Advisors transactions
underline successful transfer of M&A competencies to
the Internet sector
Entrepreneurial mind-set, focused on growing the
business and establishing a reputation for excellence
Ability to deliver top results in short time frames
Highly success-based compensation structures align
interests of clients and NOAH Advisors, and demonstrate
conviction to deliver top results
Creative deal solutions
Unique Industry Know-How
Unmatched Network and Relationships
Strong Investment Banking Competence
Full Commitment - We Are Entrepreneurs!
EUROPE’S LEADING INTERNET
CORPORATE FINANCE BOUTIQUE®
The NOAH Advisors Core Banking Team
Marco Rodzynek
Managing Director & Founder
Jan Brandes
Managing Director
Nikhil Parmar
Director
Olek Skwarczek
Associate
Lukas Schlund
Analyst
December 2014 October 2014
Sale of 100% of
for $800m to
Exclusive Financial Advisor to
Fotolia and the Selling Shareholders
Sale of 100% of
for €80m to
Exclusive Financial Advisor to
Trovit and its Shareholders
October 2016
Investment in
Exclusive Financial Advisor to KäuferPortal
and its Shareholders
by
84% Ownership
December 2016
August 2017
Financial Advisor to Silver Lake
Financial Advisor to EMK Capital
Investment in
Acquisition of a Majority Stake in
by
by
at a valuation of $200m
November 2019 July 2019
September 2018
Financial Advisor to MagicLab
Financial Advisor to AU10TIX
and its shareholders
Financial Advisor to 10bis
and its shareholders
Acquisition of a 79% stake in $60m Investment in
Sale of 100% in
by
at a valuation of ~$3 billion
at a valuation of $260m by
for €135m to
10Bis

Engineer.ai - NOAH19 Berlin

  • 1.
    Human-assisted AI forbuilding & running bespoke software. 
 NOAH Berlin 2019 OVERVIEW 2019
  • 2.
     @NOAHConference  @noah_conference @noah-conference  @NOAHConference FOLLOW USONSOCIAL
  • 3.
  • 4.
    © Engineer.ai 2019 Everyoneis a Builder Everyone should be empowered to unlock their true potential irrespective of what they know, what they have and what they are afraid of.
  • 5.
    © Engineer.ai 2019 Everyoneis a Builder, meet Alex Alex has his own dental practice. Alex can now build his idea without wasting money on common code, hiring a project manager or ever having to speak to an engineer. Alex found his solution in Builder.ai. He wanted to build an “Uber for Dentists”. Wants to digitally transform his practice quickly, without having any technical expertise.
  • 6.
    © Engineer.ai 2019 Tensof Millions of People like Alex Entrepreneurs & businesses are spending more on Bespoke Software than ever before. $530B Freelance Tech Work in 2017 1 1. "Can the blockchain really disrupt the middleman freelance platform ...." 14 Feb. 2018, https://hackernoon.com/can-the-blockchain-really-disrupt-the-middleman-freelance-platform-market-50c1ee5282f7. Accessed 30 July. 2018.
 2. "The Standish Group Report Chaos - Project Smart." https://www.projectsmart.co.uk/white-papers/chaos-report.pdf. Accessed 30 July. 2018.
  • 7.
    © Engineer.ai 2019 Andit goes beyond folks like Alex 1. "Can the blockchain really disrupt the middleman freelance platform ...." 14 Feb. 2018, https://hackernoon.com/can-the-blockchain-really-disrupt-the-middleman-freelance-platform-market-50c1ee5282f7. Accessed 30 July. 2018.
 2. "The Standish Group Report Chaos - Project Smart." https://www.projectsmart.co.uk/white-papers/chaos-report.pdf. Accessed 30 July. 2018. Tech Companies Software First Companies Software Powered Companies Digitally Starved 1 2 3 4 Entrepreneurs & Intrapreneurs that are innovating at the edge of larger companies. Cat 1 & 2 are innovating at the edge, where its managers who want to build whereas in 3 & 4 its the owners or entrepreneurs themselves.
  • 8.
    © Engineer.ai 2019 1."Can the blockchain really disrupt the middleman freelance platform ...." 14 Feb. 2018, https://hackernoon.com/can-the-blockchain-really-disrupt-the-middleman-freelance-platform-market-50c1ee5282f7. Accessed 30 July. 2018.
 2. "The Standish Group Report Chaos - Project Smart." https://www.projectsmart.co.uk/white-papers/chaos-report.pdf. Accessed 30 July. 2018. Tech Companies Software First Companies Software Powered Companies Digitally Starved 1 2 3 4 Entrepreneurs & Intrapreneurs that are innovating at the edge of larger companies. And it goes beyond folks like Alex Cat 1 & 2 are innovating at the edge, where its managers who want to build whereas in 3 & 4 its the owners or entrepreneurs themselves.
  • 9.
    © Engineer.ai 2019 Failurebecause it’s a broken process 1. "Can the blockchain really disrupt the middleman freelance platform ...." 14 Feb. 2018, https://hackernoon.com/can-the-blockchain-really-disrupt-the-middleman-freelance-platform-market-50c1ee5282f7. Accessed 30 July. 2018.
 2. "The Standish Group Report Chaos - Project Smart." https://www.projectsmart.co.uk/white-papers/chaos-report.pdf. Accessed 30 July. 2018. Building software is the most complicated undertaking most people will take. It’s still a cottage industry. incomplete specs fragmented supply time & material delivery lack of trust in supply no reusability of code $530B Freelance Tech Work in 2017 1 78%Projects Failed 2
  • 10.
    © Engineer.ai 2019 Build& Run software without ever having to understand the technology. Your partner for life. BESPOKE SOFTWARE MADE SIMPLE PEACE OF MIND RUN EFFICIENTLY
  • 11.
    © Engineer.ai 2019 Forecast2.2xRevenue Growth | 8x Supply Growth | 4x Customer Growth $60M Total Bootstrapped Revenue 85 to 170 people in 12 months | Largest Series A in Europe 18 Months
  • 12.
  • 13.
    © Engineer.ai 2019 CustomerEfficacy 1. "Can the blockchain really disrupt the middleman freelance platform ...." 14 Feb. 2018, https://hackernoon.com/can-the-blockchain-really-disrupt-the-middleman-freelance-platform-market-50c1ee5282f7. Accessed 30 July. 2018.
 2. "The Standish Group Report Chaos - Project Smart." https://www.projectsmart.co.uk/white-papers/chaos-report.pdf. Accessed 30 July. 2018. Our customers are battling between fear of irrelevance or failure. ● We’re creating their escape velocity powering them to break out of the cycle. ● This is based on emotion (quantum) and trust (vector). ● Emotion is created through bringing them closer to reality and trust is about giving them control / transparency. Escape Velocity Line of Fear
  • 14.
    © Engineer.ai 2019 DemandStrength 1. "Can the blockchain really disrupt the middleman freelance platform ...." 14 Feb. 2018, https://hackernoon.com/can-the-blockchain-really-disrupt-the-middleman-freelance-platform-market-50c1ee5282f7. Accessed 30 July. 2018.
 2. "The Standish Group Report Chaos - Project Smart." https://www.projectsmart.co.uk/white-papers/chaos-report.pdf. Accessed 30 July. 2018. Virtually limit less demand for building ideas. Just the US Alone $341m a month of purchase. Globally 20x $7bn a month of purchase. Not typical enterprise Short lead cycles, ripe for growth disruption. $7 Trillion Potential Everyone’s a Software Company. Demand for our keywords in a single month in the US.
  • 15.
    © Engineer.ai 2019 Scalingthe machine Virtually limit less demand for building ideas. North Star 10K Concurrent Projects $10bn Company | World’s Largest S/w Co. Middle of the Funnel Problem Control Top of the Funnel Growth. Find Heroes not Celebrities People who move the needle. Over index Culture. Build a Biz not a Project Key economic drivers matter.
  • 16.
    Thank you. Comejoin the #BuilderGeneration
  • 17.
    Selected Completed NOAHTransactions Focus on Leading European Internet companies Covering over 400 companies across 25 online verticals, a broad range of over 500 investors as well as 100+ online-focused corporates Deep understanding of industry dynamics Ability to add value beyond banking advice Facilitates overall process and minimizes management distraction NOAH Advisors is globally well connected and has direct access to virtually all key players in the industry Knowledge of and strong relationships with potential buyers’ key decision makers Proactively finds and unlocks attractive investment opportunities for leading investors Annual NOAH Conference in its 10th year Over 40 years of combined relevant M&A experience Routine execution of M&A and financing transactions with sizes of several billion euros 30 successfully completed NOAH Advisors transactions underline successful transfer of M&A competencies to the Internet sector Entrepreneurial mind-set, focused on growing the business and establishing a reputation for excellence Ability to deliver top results in short time frames Highly success-based compensation structures align interests of clients and NOAH Advisors, and demonstrate conviction to deliver top results Creative deal solutions Unique Industry Know-How Unmatched Network and Relationships Strong Investment Banking Competence Full Commitment - We Are Entrepreneurs! EUROPE’S LEADING INTERNET CORPORATE FINANCE BOUTIQUE® The NOAH Advisors Core Banking Team Marco Rodzynek Managing Director & Founder Jan Brandes Managing Director Nikhil Parmar Director Olek Skwarczek Associate Lukas Schlund Analyst December 2014 October 2014 Sale of 100% of for $800m to Exclusive Financial Advisor to Fotolia and the Selling Shareholders Sale of 100% of for €80m to Exclusive Financial Advisor to Trovit and its Shareholders October 2016 Investment in Exclusive Financial Advisor to KäuferPortal and its Shareholders by 84% Ownership December 2016 August 2017 Financial Advisor to Silver Lake Financial Advisor to EMK Capital Investment in Acquisition of a Majority Stake in by by at a valuation of $200m November 2019 July 2019 September 2018 Financial Advisor to MagicLab Financial Advisor to AU10TIX and its shareholders Financial Advisor to 10bis and its shareholders Acquisition of a 79% stake in $60m Investment in Sale of 100% in by at a valuation of ~$3 billion at a valuation of $260m by for €135m to 10Bis