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An Introduction To  Venture Capital Anand Lunia Executive Director & CFO, SEEDfund [email_address]
What is Venture Capital
Private Equity & Venture Capital ,[object Object],[object Object],[object Object]
How VC’s work Investor Investor Investor VC fund Investor Startup Startup Startup
Capital Lifecycle Seed (< € 1 mil) Early Stages (€ 1 - 10 mil) Expansion/ (€ 10+ mil) development Angels Incubators Accelerators Venture Capital Private Equity & Merchant Banks
What Venture Capitalists do ... ,[object Object]
What Venture Capitalists do ... ,[object Object],[object Object],[object Object],[object Object]
What Venture Capitalists do ... ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
What Venture Capitalists do ... ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Attributes of a Great VC ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Deciding whom to give money
In the VC’s Mind ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
In the VC’s mind ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Stages of Investment
Stage v/s Return
Assessing the Entrepreneur ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Assessing Portfolio Risk
Why 10x? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Which VC to go with?
Most Appreciated VC Contributions ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Source: “The Economic Impact of Venture Capital in Europe”  (EVCA and Coopers & Lybrand)
What to look for in a VC ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
What VCs are Not Good at ,[object Object],[object Object],[object Object],[object Object],[object Object]
Want to raise VC money?
The Financing Lifecycle ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
The Business Plan ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
The Business Plan -MYTH + + + = Marine Lines
The Term Sheet ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Board Seats and Reserved Matters ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Other Typical VC Rights ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Trends in VC investing
What’s Going to be Hot ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Thank You

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Starting Up:Introduction to venture Capital: by Anand Lunia

Notes de l'éditeur

  1. The first thing to understand about VC’s is that they’re not investing their own money. Venture capitalists start by raising money from a bunch of investors, and then distribute it to various startups. But the investors are expecting to get their money back, generally within 10 years of committing it to the fund.