Slides from Charles Armstrong's presentation at the British Library event on Crowdfunding held on 27th April 2010

1. Crowdfunding for growth ventures 27 April 2010

2. Changes in the funding landscape

3. The funding ladder £50 million £2 million £1 million £500,000 £100,000 Angels VC IPO Private equity Friends & family

5. $29.6 billion in 2009

6. 36% reductionSource: Dow Jones VentureSource

7. “Total capital managed by VC funds will contract by 50% from $24 billion to $12 billion.” Source: “Right-Sizing the Venture Capital Industry”, Kauffman Foundation, June 2009

9. Fewer, larger deals

11. The new landscape £50 million £2 million £1 million £500,000 £100,000 Angels VC IPO Private equity Friends & family

12. The new landscape £50 million ? £2 million £1 million £500,000 £100,000 Angels VC IPO Private equity Friends & family

13. The new landscape ? £50 million ? £2 million £1 million £500,000 £100,000 Angels VC IPO Private equity Friends & family

14. New seed funds are being created, but do they have the scale to fill the gap?

15. Crowdfunding

16. Crowdfunding uses the internet to aggregate smaller investments from a large group of investors

18. Connects professional investors from outside network

20. No equity ownership

23. Spot.us (journalism)

25. Spot.us (journalism)

26. Kickstarter (arts & non-profits)

29. Can’t circulate business plan to more than 99 people

32. £200,000 from angels (2006)

34. We decided Trampoline would be the first technology business to finance itself through equity crowdfunding

36. Self-certification for high net-worth individuals & expert investors

37. All the main information provided online

38. Investors initiate discussion

40. £250,000 in UK, April 2010

41. £250,000 in USA, June 2010

43. £650,000 closing May 2010

45. Your network is the foundation