A Randomized Field Experiment on Early Stage Investments
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Investor Book (PDF)
INVESTOR BOOK EDITION OCTOBER 2016 Table of Contents Program 3 Venture Capital 10 Growth 94 Buyout 116 Debt 119 10 -11 November 2016 Old Billingsgate PROGRAM Strategic Partners Premium Partners MAIN STAGE - Day 1 10 November 2016 SESSION TITLE COMPANY TIME SPEAKER POSITION COMPANY Breakfast 08:00 - 10:00 CP 9:00 - 9:15 Dr. Klaus Hommels Founder & CEO Lakestar CP 9:15 - 9:30 Fabrice Grinda Co-Founder FJ Labs 9:35 - 9:50 Dr. Klaus Hommels Founder & CEO Lakestar Fabrice Grinda Co-Founder FJ Labs Panel Marco Rodzynek Founder & CEO NOAH Advisors 9:50 - 10:00 Chris Öhlund Group CEO Verivox 10:00 - 10:10 Hervé Hatt CEO Meilleurtaux CP Lead 10:10 - 10:20 Martin Coriat CEO Confused.com Generation 10:20 - 10:30 Andy Hancock Managing Director MoneySavingExpert K 10:30 - 10:45 Carsten Kengeter CEO Deutsche Börse Group 10:45 - 10:55 Carsten Kengeter CEO Deutsche Börse Group FC Marco Rodzynek Founder & CEO NOAH Advisors CP 10:55 - 11:10 Nick Williams Head of EMEA Global Market Solutions Credit Suisse 11:10 - 11:20 Talent 3.0: Science meets Arts CP Karim Jalbout Head of the European Digital Practice Egon Zehnder K 11:20 - 11:50 Surprise Guest of Honour 11:50 - 12:10 Yaron Valler General Partner Target Global Mike Lobanov General Partner Target Global Alexander Frolov General Partner Target Global Panel Shmuel Chafets General Partner Target Global Marco Rodzynek Founder & CEO NOAH Advisors 12:10 - 12:20 Mirko Caspar Managing Director Mister Spex 12:20 - 12:30 Philip Rooke CEO Spreadshirt CP 12:30 - 12:40 Dr. -
COIN Invites You to Participate in Its COVID Recovery Webinar, a Two
COIN invites you to participate in its COVID Recovery Webinar, a two-hour online session where we will present six investment opportunities, all of which help vulnerable, under-capitalized communities across California recover from the disproportionate impacts of the COVID-19 pandemic. Webinar presentations will be split into two segments of COIN approved Investment Bulletins: one segment on investments that support affordable housing opportunities, and the other on investments that benefit small businesses in underserved communities. COIN COVID Recovery Webinar Topic: Investments to Support Affordable Housing & Small Business Date: Wednesday, March 24, 2021 Time: 10am – 12 noon Pacific Time Listed below, please see the full agenda and speaker bios for further webinar details. To Register for the webinar and receive the virtual event link, please RSVP to COIN at [email protected]. To see the full list of approved COIN Investment Bulletins, all of which provide benefits to underserved communities and the environment, reach out to COIN at [email protected], to request an account on the COIN Impact Investment Marketplace. We look forward to your participation. Best Regards, Sukh Randhawa Chief, California Organized Investment Network COIN Webinar: Environmental & Infrastructure Investments September 22, 2021 10:00 am – 1:00 pm PST AGENDA Opening Remarks 10:00 - 10:15 am Sukh Randhawa, Chief, COIN – An update on the status of California Senate Bill, SB 1511 (Rubio), a bill to expand the “Leeway Law” for insurer holdings of COIN-qualified Schedule BA investments Moderator: Ophir Bruck, Senior Specialist, United Nations-supported Principles for Responsible Investments (UNPRI), and Member, COIN Advisory Board – A mission to combat climate change and create a more sustainable future through investments in electric vehicles, renewable energy and infrastructure. -
A Framework for a Public-Private Partnership to Increase The
A national laboratory of the U.S. Department of Energy Office of Energy Efficiency & Renewable Energy National Renewable Energy Laboratory Innovation for Our Energy Future Enhancing Commercial Technical Report NREL/TP-110-40463 Outcomes from R&D May 2007 A Framework for a Public–Private Partnership to Increase the Yield of Federally Funded R&D Investments and Promote Economic Development L.M. Murphy Manager, Enterprise Development Programs National Renewable Energy Laboratory P. Jerde Executive Director Robert H. and Beverly A. Deming Center for Entrepreneurship, Leeds School of Business University of Colorado, Boulder L. Rutherford Venture Partner Vista Ventures R. Barone 2008 MS/MBA Candidate Department of Environmental Studies and Leeds School of Business University of Colorado, Boulder NREL is operated by Midwest Research Institute ● Battelle Contract No. DE-AC36-99-GO10337 Enhancing Commercial Technical Report NREL/TP-110-40463 Outcomes from R&D May 2007 A Framework for a Public–Private Partnership to Increase the Yield of Federally Funded R&D Investments and Promote Economic Development L.M. Murphy Manager, Enterprise Development Programs National Renewable Energy Laboratory P. Jerde Executive Director Robert H. and Beverly A. Deming Center for Entrepreneurship, Leeds School of Business University of Colorado, Boulder L. Rutherford Venture Partner Vista Ventures R. Barone 2008 MS/MBA Candidate Department of Environmental Studies and Leeds School of Business University of Colorado, Boulder Prepared under Task No. 1100.1000 National Renewable Energy Laboratory 1617 Cole Boulevard, Golden, Colorado 80401-3393 303-275-3000 • www.nrel.gov Operated for the U.S. Department of Energy Office of Energy Efficiency and Renewable Energy by Midwest Research Institute • Battelle Contract No. -
Role of Angel Investors in Capital Formation Who Are Angel Investors?
Role of Angel Investors in Capital Formation Who are Angel Investors? • Often successful entrepreneurs or retired business persons – Active investors providing money, expertise, and their network – Contribute to their local ecosystem (mentoring, judging, educating) • Accredited investors – SEC definition • Invest their own money (not money managers) • Generally invest in local companies • Invest in businesses not run by family Financing Life Cycle Proof-of Product Product Manufacturing/ Discovery Concept Design Development Delivery Idea Pre-seed Seed Start-up Expansion/Mezzanine Funding Funding Funding Operating Cap. Founder Venture Funds Friends and Family Angels Institutional Equity Angel Groups Loans / Bonds Seed Funds Investment Landscape— Company Valuation Company Continue, Prep Technology Proof-of Go To - Product Build and Scale IPO or Discovery Concept Market Stage Deliver M&A Investment $100K $500K $1.5M $2-5M $15M $50M Needed Funding Pre-seed Seed Start-up Expansion Operating & Stage Funding Funding Funding Funding Growth Founder Individual Angels Seed Funds Source SBIR Phase 1 & 2 Venture Funds of Funding Friends & Family Angel Groups Institutional Equity Business Gov. Economic Dev. Loans / Bonds Incubators Company $100K $1.5M $4M $10M $75M $250M Valuation Angel Investors • TYPES - all shapes and sizes! – Friends and Family – Unsophisticated or Sophisticated – Guardian Angels > active advisors/mentors – Passive – Super Angels – Angel Networks /Funds – Single Family Offices Growth in Number of American Angel Groups 400 350 300 -
FT PARTNERS RESEARCH 2 Fintech Meets Alternative Investments
FT PARTNERS FINTECH INDUSTRY RESEARCH Alternative Investments FinTech Meets Alternative Investments Innovation in a Burgeoning Asset Class March 2020 DRAFT ©2020 FinTech Meets Alternative Investments Alternative Investments FT Partners | Focused Exclusively on FinTech FT Partners’ Advisory Capabilities FT Partners’ FinTech Industry Research Private Capital Debt & Raising Equity Sell-Side / In-Depth Industry Capital Buy-Side Markets M&A Research Reports Advisory Capital Strategic Structuring / Consortium Efficiency Proprietary FinTech Building Advisory FT Services FINTECH Infographics Partners RESEARCH & Board of INSIGHTS Anti-Raid Advisory Directors / Advisory / Monthly FinTech Special Shareholder Committee Rights Plans Market Analysis Advisory Sell-Side Valuations / LBO Fairness FinTech M&A / Financing Advisory Opinion for M&A Restructuring Transaction Profiles and Divestitures Named Silicon Valley’s #1 FinTech Banker Ranked #1 Most Influential Person in all of Numerous Awards for Transaction (2016) and ranked #2 Overall by The FinTech in Institutional Investors “FinTech Excellence including Information Finance 40” “Deal of the Decade” • Financial Technology Partners ("FT Partners") was founded in 2001 and is the only investment banking firm focused exclusively on FinTech • FT Partners regularly publishes research highlighting the most important transactions, trends and insights impacting the global Financial Technology landscape. Our unique insight into FinTech is a direct result of executing hundreds of transactions in the sector combined with over 18 years of exclusive focus on Financial Technology FT PARTNERS RESEARCH 2 FinTech Meets Alternative Investments I. Executive Summary 5 II. Industry Overview and The Rise of Alternative Investments 8 i. An Introduction to Alternative Investments 9 ii. Trends Within the Alternative Investment Industry 23 III. Executive Interviews 53 IV. -
Dr Sam Goodman [email protected]/650-364-1151) Senior Adjunct Professor, Department of Finance & Economics Edward S
Dr Sam Goodman [email protected]/650-364-1151) Senior Adjunct Professor, Department of Finance & Economics Edward S. Ageno School of Business GOLDEN GATE UNIVERSITY Summer Term, 2009 San Jose Campus Mon 6-8:40pm FI 318 – VENTURE CAPITAL & START-UP FINANCING Course Outline Course Description: This course examines the strategic and financial issues facing high-growth start-ups. Students develop a sophisticated understanding of the tools and techniques employed by successful entrepreneurs in raising start-up, growth, and acquisition capital for their ventures. Students also will explore alternative financing sources, notably venture capital and angel investors. In addition, students will review the exit strategies available to companies, including IPOs and mergers. Topics discussed include: the history and current direction of the venture capital industry, valuation techniques for new ventures and established private firms, raising venture capital and alternative financing, entrepreneurial management issues in capital raising, maintaining control and direction, and harvesting the venture via IPO or merger. Through two short case studies and an individual project, each student will have an opportunity to personalize the learning process by applying the analytical tools of entrepreneurial finance to real cases and by selecting and studying a highly entrepreneurial industry of personal interest. Finally, all of the course material is based on the key underlying premise that it’s important for each student to understand the perspective of both -
Brad Keywell, Co-Founder & Director, Groupon; Co-Founder & Managing
Brad Keywell, Co-Founder & Director, Groupon; Co-Founder & Managing Director, Lightbank; and Illinois Innovation Council Chair Brad Keywell, 41, is a Chicago-based serial entrepreneur. He is a Co-founder and Director of Groupon, Inc., as well as several other companies such as MediaBank LLC and Echo Global Logistics, Inc. He is a Co-founder and Managing Partner of Lightbank, a venture fund investing in disruptive technology businesses where Lightbank’s financial and operational resources can add unique value. In addition, Brad is an appointee to the Mayor’s Committee on Technology Infrastructure, by Chicago Mayor Richard M. Daley. He is a Trustee of the Zell Lurie Institute for Entrepreneurship at the Ross School of Business at the University of Michigan, and he is on the Advisory Board of the Directors College for Global Business at the University of Michigan Law School. Curtis Baird, CEO, The School Center and Neon Internet Curtis Baird is the current CEO of two Carbondale technology companies – the School Center and Neon Internet – located in their new building in the Carbondale Business Park East. He has founded and successfully led four technology companies. Today, both Neon and SchoolCenter’s total revenue exceeds $3.7 million with 80 percent growth expected for the next several years. In addition to being on the Southern Illinois Research Park Board of Directors, Mr. Baird is a member of the Carbondale Business Development Corporation and has received various awards for his businesses over the last several years. Caralynn Nowinski-Chenoweth, M.D., Vice President, Sikich Investment Banking Dr. Caralynn Nowinski-Chenoweth is a Vice President in the Chicago Office of Sikich Investment Banking. -
KIEI Kickoffs
KELLOGG INNOVATION & ENTREPRENEURSHIP INITIATIVE KIEI Kickoff & Reception Sept. 25, 2013 KELLOGG INITIATIVES Innovation and Entrepreneurship Thought Leadership Creates New Fundamentals Architectures Innovation & Markets & Public/Private of Collaboration Entrepreneurship Customers Interface Accounting Finance Management & Organizations Management & Strategy Managerial Economics and Decision Sciences Marketing KELLOGG INITIATIVES Innovation and Entrepreneurship KELLOGG INNOVATION & ENTREPRENEURSHIP INITIATIVE Create unifying structure and increase external impact Heizer Center Levy Institute for Levy Institute for Private Entrepreneurial for Equity & Practice Entrepreneurial Venture Practice Capital Heizer Center Center for for Private Family Equity & Enterprises Venture Capital Social Center for Enterprise Family Enterprises KIEI Kellogg Social Innovation Enterprise Network (KIN) Center for Research in Center for Kellogg Technology Research in Innovation & Innovation Technology & Network Innovation (KIN) KELLOGG INITIATIVES Innovation and Entrepreneurship The Vision for KIEI Corporate Innovation • KIN, CRTI, Social Entrepreneurship Growth & Innovation • Heizer Center, Family Enterprise, Social Entrepreneurship New Venture Creation • Levy Center, Heizer Center, Social Entrepreneurship KELLOGG INITIATIVES Innovation and Entrepreneurship The Entrepreneurship Launch Pad Discovery Ideation Launch Curriculum NUvention & Innovation Lab NUvention: Energy, Web, Impact, Medical, etc. New Venture NU Cross- Discovery Building Block Courses Campus -
WBAF ACADEMY - Workshops 2019
WBAF ACADEMY - Workshops 2019 World Congress of Angel Investors 2019 Unlocking the Potential for Innovation as Developing Global Partnerships for Economic Development 19 February 2019, Tuesday Swissotel The Bosphorus Istanbul Zurich Hall 09:00 Workshop 1 : Making big returns investing in small businesses: An entrepreneurial approach to investing Investors complain there are not enough good deals. Entrepreneurs complain that there is not enough money. The current investment structures are keeping the two parties apart. 50% of the Worlds GDP comes from small to medium enterprises, yet most of it is off limits to sophisticated investors. Learn how adopting an entrepreneurial approach with a fixation on liquidity can allow all investors to make big returns investing in small business. WBAF Faculty Member to lead the session Callum Laing, Partner in Unity Group Private Equity Callum Laing is an entrepreneur and investor. He is partner in Unity Group Private Equity, Co-Founder and Chairman of MBH Corporation PLC, and is the originator of ‘Accelerated Venture Capital’ (AVC). Author of two best-selling business books, publisher of more than 700 interviews with entrepreneurs and investors, he is also the WBAF High Commissioner for Singapore. 10:00 Workshop 2 : Combining the best of angel investing and venture capital According to the latest EBAN figures, the average investment for an angel investor in a sin- gle business in 2017 was EUR 25,000, and EUR 182,000 for an angel network. At the same time, venture capital investment starts with significantly larger numbers. Businesses looking to raise $500K to $2M often struggle. It’s the valley of death. -
Building for the Future
FEBRUARY 2019 CONSTRUCTION & TECHNOLOGY: BUILDING FOR THE FUTURE CONSTRUCTION & TECHNOLOGY: BUILDING FOR THE FUTURE ABOUT THE AUTHOR Navitas Capital is a venture capital firm focused on early-stage technology investments for the real estate and construction industries. Current and past portfolio companies include Katerra, PlanGrid (Autodesk), Matterport, Truss, HqO, Bowery, Aquicore, Livly, Gridium, View, Honest Buildings, Harbor, PeerStreet, Sweeten, Comfy (Siemens) and Can2Go (Schneider Electric). Navitas offers a unique perspective on the built world spanning multiple venture capital funds since 2011, as well as the partners’ own experience owning, managing, and developing over $1B in real estate assets. Navitas’ combination of venture capital & real estate experience, along with the ability to test and deploy cutting-edge technology across its own portfolio, creates a unique investment platform for its portfolio companies and limited partners. Beyond its own capital and real estate, Navitas helps startups scale rapidly by facilitating access to Navitas' network of industry leading LPs with global scale. Navitas’ investment strategy is to provide a combination of growth capital, industry expertise, and market access to high growth technology companies. Navitas is currently investing out of its second VC fund that includes anchor strategic commitments from a number of industry leading LPs. Please visit our website for more information. NORTHERN CALIFORNIA 1111 Broadway Ave. Oakland, CA 94608 SOUTHERN CALIFORNIA 9460 Wilshire Blvd. Suite -
The Impact of Angel Investors on Founders of New Ventures in the Medical Technology Industry
The Impact of Angel Investors on Founders of New Ventures in the Medical Technology Industry By Alan R. Braly BS, Biomedical Engineering, Whiting School of Engineering, Johns Hopkins University, Baltimore, MD 21218 MBA, Harvard Business School, Harvard University, Boston, MA 02163 SUBMITTED TO THE HARVARD - MIT DIVISION OF HEALTH SCIENCES AND TECHNOLOGY IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE DEGREE OF MASTER OF SCIENCE IN HEALTH SCIENCES AND TECHNOLOGY ARCHIVES AT THE MASSAH TUTE MASSACHUSETTS INSTITUTE OF TECHNOLOGY SEP 2) 2J September 2011 1 @2011 Alan R. Braly. All rights reserved. The author hereby grants to MIT permission to reproduce and to distribute publicly paper and electronic copies of this thesis document in whole or in part in any medium no known or hereafter created. Signature of Author: Harvard MI Division of Health Sciences and Technology September 1, 2011 Certified by: Carl M. Berke, PhD Partner, Partners Innovation Fund, Partners Healthcare Lecturer, Harvard-MIT Division of Health Sciences and Technology I \P Thesis Supervisor Certified Jonathan J.Fleming, MPA Managing General Partner, Oxford Bioscience Partners Director, Leerink Swann LLC Senior Lecturer, MIT Sloan School of Management Thesis Supervisor Accepted by: Ram Sasisekharan, PhD Director, Harvard-MIT Division of Health Sciences and Technology Edward Hood Taplin Professor of Health Sciences & Technology and Biological Engineering This page intentionally left blank. Dedications To my family, unyielding in their support of my extensive (and long-running) graduate educational endeavors... and equally unyielding in their quickness to knock me down a notch if the MIT-Harvard dual- degree nerd in me threatened to escape. -
Financial Technology Sector Summary
Financial Technology Sector Summary May 7, 2014 Table of Contents I. GCA Savvian Overview II. Market Summary III. Payments / Banking IV. Securities / Capital Markets / Data & Analytics I. GCA Savvian Overview GCA Savvian Overview Highlights Firm Statistics GCA Savvian Focus . Over 225 professionals today Mergers & Acquisitions Private Capital Markets . Full spectrum of buy-side, sell- . Agented private capital raiser . Headquarters in San Francisco and Tokyo; offices in New side and strategic advisory York, London, Shanghai, Mumbai, and Osaka . Equity and debt capital markets . Public and private company advisory services experience . Provides mergers and acquisitions advisory services, private . Core competency, with important capital & capital markets advisory services, and principal . Strategic early-stage growth relationships among the venture investing companies through industry capital and private equity defining, multi-billion dollar community transactions . Over 500 transactions completed . Publicly traded on the Tokyo Stock Exchange (2174) Senior level attention and focus, Relationships and market extensive transaction intelligence; a highly experienced team in experience and deep domain insight the industry Global Advisory Firm Market Positioning Bulge Bracket Growth Sector Focus Transaction Expertise . Senior Team with . Growth Company Focus Unparalleled Transaction . Sector Expertise / Domain Experience Knowledge . Highest Quality Client . Private Capital Access Service . Late Stage Private through . Broad Network Including