Our views on the macro trends, high-level investment strategy (Thematic-Blended Thesis Driven) that we're aligning with in the Information Technology market.

2. VENTURE51 PITCH DECK
VENTURE51 SUMMARY available upon request
VENTURE51 PITCH DECK VIEWING
VENTURE51 INVESTMENT STRATEGY available upon request
VENTURE51 PROCESS & SYSTEMS available upon request
“We are inventing the future, think about surfing on the front edge of a
wave. It’s really exhilarating. Now think about dog-paddling at the tail
end of that wave. It wouldn’t be anywhere near as much fun. Come down
here and make a dent in the universe.”
-Steve Jobs

3. DISCLAIMER
This PitchDeck provides an overview of Venture51 Capital Partners Fund II (“Venture51 Fund II”) which is being sponsored
by Venture51 Capital Fund, LLP (“Venture51”). Brandon Zeuner and Ryan Swagar are the managing partners of Venture51
Capital Fund, LLP. This document briefly describes the expected investment program of Venture51 Fund II. It also describes
the expected principal terms of Venture51 Fund II and the offering of securities to investors.
All information contained herein is subject to revision, structuring and completion, and this document does not constitute
an offer to sell or solicitation of an offer to buy any securities. Any such offer or solicitation will be made only by means of a
formal Confidential Memorandum that will be prepared and furnished to prospective investors at a later date. In the event
of any such offering, the information contained herein will be deemed superseded and amended in its entirety by such
Confidential Memorandum. Any decision to invest should be made solely in reliance upon such Confidential Memorandum.
The specialized investment program of Venture51 involves significant risks, which will be described in the Confidential
Memorandum.
This document is confidential, proprietary and is intended solely for the information of the person to whom it has been
delivered by Venture51 Fund II. It is not to be reproduced or transmitted, in whole or in part, to third parties without the
prior consent of Venture51. This booklet is not intended to constitute legal, tax or accounting advice or an investment
recommendation.

4. A NEAR-PERFECT STORM
IS FORMING
2.276B PEOPLE ON THE WEB
2B SMART DEVICES BY 2015
2.267B people on the web today
MOBILE
•
• growth from 2000 to 2012 projected at 527% WEB • 2B smartphone users by 2015
• only 32.7 % penetrated MATURES MAINSTREAMS • projected growth at 175% YoY
STRONG TECH
ECONOMY
BILLION USER SINGLE PLATFORM
• early stage capital flowing
• M&A activity holding steady
• IPO liquidity emerging
• platform maturity with facebook, google,
apple, and amazon
• facebook to reach 1B users

5. WHAT WE LEARNED
Investing in 37 companies and 3 funds validated 4 key beliefs to
generating venture returns.
SERIES A MEANINGFUL TECHNICAL GEOGRAPHY
BOTTLENECK OWNERSHIP FOUNDERS MATTERS
Sweet spot forming with a Series A crunch Outsized returns are generated by having the Best performing companies have Geographies still play a critical factor in
happening by an overabundance of seed right level of ownership and a meaningful level technical founders composed of meaningful outcomes. The Bay Area,
round financings in the past 3 years (largely of follow-on participation. We’ve upgraded our engineers, designers and growth hackers. Souther California and New York still
due to Angels and Super Angels). Lack of strategy from “access” to “ownership”. All technical founders or early employees. remain core tech hubs.
firms to follow-on after the seed and before
the A presents a lucrative opportunity.

6. INVESTMENT STRATEGY
Based on our experience in Fund 1, we are upgrading our strategy
for Fund 2 to focus on 3 key areas.
TRACTION GAP FOCUS ACCESS TO OWNERSHIP HYBRID APPROACH
Outsized returns are generated by having the right A critical combination – neither operating experience or
Post seed round - pre series A round presents an
level of ownership, and a meaningful level of pattern matching alone is enough (e.g. “I’ve seen this
interesting opportunity for funds to tap an
follow-on participation, in your portfolio before, but I don’t know what to do”).
overheated seed marketplace.
companies.
SEED ROUND A ROUND
> > 7% > 5%
= 8% = =
SEED ROUND A ROUND B ROUND
TRACTION GAP UPGRADE OPERATIONAL DATA-DRIVEN
upgraded our strategy from access (“get in the EXPERIENCE ANALYSIS
good deals”) to ownership (“buy/keep enough of
each company that any positive outcome is
meaningful to the fund
Qualitative Work Quantitative Work
$250K - $750K ROUNDS based on instincts, based on data and
insights and intuitions predictive analytic models
only gained from which help to guide
scale growth model operational backgrounds investment decisions
prove business model
build value
shop Series A

7. MARKET DISPLACEMENT
Our portfolio crosses 8 themes and is generally
stacked on 5 strategic models
MOBILE MONETIZATION
DIGITAL HOUSEHOLD MOBILE ECOSYSTEM EDGE ENTERPRISE NEW COMMERCE HEALTH & SELF PROFESSIONAL PLUMBING EDU-TECH
Access to people, content Apps are cool, but they The edge of the SMB and The old models of e- The forces of software Legacy software are being Computers are talking to An industry that is emerging
and digital assets. Anytime. don’t change the world. departmental enterprise commerce are changing changing the healthcare eaten by newer and better each other more and more. to supplement or outright
Anywhere. Platforms that facilitate the where software has a with the rise of group- and wellness industries. alternatives in the Financial, There’s a software layers replace traditional education
mobile movement in terms network effect in its buying, micro-payments and The focus of the quantified Legal and Healthcare that brings these pipes to services from early
of monetization, proliferation in the business. collaborative consumption. self will give rise to a new markets. Traditional systems the surface and allows childhood through adult
development and breed of personal metrics. and processes are being others to build on them. learning.
infrastructure do. overtaken rapidly.
MODEL STACK COMMERCE, SUBSCRIPTION
MARKETPLACES, COLLABORATIVE CONSUMPTION
HUMAN COMPUTER INTERACTION
BIG DATA, COLLECTIVE INTELLIGENCE
PLATFORMS, MONETIZATION

8. KEY INVESTMENT CRITERIA
Our thesis around our investment criteria falls into 6 major
categories. We spend our time in the diligence phase proving and
disproving these assumptions.
MARKET POTENTIAL TRACTION REMARKABLE PRODUCT TEAM GEOGRAPHY CAPITAL EFFICIENT
Is the most important factor in a Quantitative evidence of market An addictive user experience Ideally a composition of a Primary focus is the Bay Capital efficiency in the
startup's success or failure. In a demand. Demonstrated lies in the combination of backend engineer, front-end Area, New York, and early stages is key to
great market -- a market with lots product/market fit. human values including engineer and a growth Southern California. commercial success. When
of real potential customers -- a desirability and usability, engineer. This technical trio a company is scaling for
good market always pulls business viability, and will either carry founder growth, it's critical to reserve
product out of potential breakout technology feasibility. Design shares or have high first- plenty of runway by keeping
startups, not the other way innovation, aka the Unfair employee ownership in the the burn low.
around. Market is king. Design Advantage, lies in the company.
sweet spot between the
complimentary priorities.

9. TEAM
Core operating team
ryan SWAGAR brandon ZEUNER boz BUNDALO zach HAMILTON
MANAGING PARTNER MANAGING PARTNER TECHNICAL PARTNER ASSOCIATE
co-founder of Venture51, co- co-founder of Venture51,co- partner at Venture51, co- hustler at Venture51, co-
founded Republic Project, founded Republic Project, founded Upward. Founding founder of Homely, &
co-founded Upward. co-founded Upward. team at Republic Project, MBerry. #Surfer #Skier
#Canadian #Golfer #Skier Interact (makers of ACT! & unicorn engineer & designer
#Surfer SalesLogix - sold to Sage in #designexpert, #technical
’01), Flypaper (Acquired in guru #wikedsmart
’11), #Golfer #Skier #Surfer
RESUME RESUME RESUME RESUME
extended team
DARRIN S. BROWN ALAN BALDACHIN MATT STOVER TODD BARNHART
GUNDERSON DETTMER HBALLP MG STOVER SILVERHAWK FINANCIAL
Fund Legal Council Fund Deal Council Compliance & Reporting CFO