Tri-Valley startups overview 5-2015
- 1. Bringing Silicon Valley Home
- 2. Who are We? • Founding team with deep roots in new ventures startups and Fortune 500. • Abdul – Founder / Managing Partner – 15+ years of experience in dealing with new venture startups. Past experience in finance, operations, marketing, business and corporate development. • Rajeev – Founder / Managing Partner – 20+ years of experience in technology. Past experience in early stage startups. Part of successful exits at Tellme Networks and Orative.
- 3. What are we building • An eco-system where an idea is born here, developed here and grown here • The idea is NOT new, similar models with great success exist in every major metropolitan – Y-combinator, 500 Startups, Techstars, Pitme and many more • We bring it to the community level – BY, OF, and FOR the community Tri-Valley Startups Startups Companies Investors Mentors
- 4. Why is there a need? • We have a highly educated & experienced community • Many of these people have disruptive ideas that • They cannot get funding for at their current employers or • New ideas based on their deep domain expertise • They lack contacts • To raise money • To get support (mentorship) in areas they do not have experience • Networking with other entrepreneurs to learn from • Commute to Silicon Valley or San Francisco to meet advisors and VCs Solution: Entrepreneurs have the idea, lets help them build their network, connect with the right people, gain access to capital and let them focus on starting and growing their business right here
- 6. What do we offer for Entrepreneurs? • Eco-system of – Mentors & Advisors – Connections – Access to Investors – Services – Legal, Accounting, Product Engineering – Office Space • We help with perfecting pitch decks, MVP, and more
- 7. What do we offer for Entrepreneurs? Community Starting a company is solitary and challenging. Working with other people going through the same challenges makes a huge difference. Introductions to investors who can make pre-seed investment You will get access to mentors and advisors who have domain experience and startup experience to provide you guidance when you need it Advise Connections Investors Access to Legal, Marketing, Accounting & Product Engineering Services Services Office Space Tap to massive network of connections to build relationships and partnerships Office space to work and collaborate with other entrepreneurs and meet with mentors and advisors.
- 8. What do we get? • A nominal equity stake percentage in your company vested over 2 years.
- 10. Investor Overview • Locally founded opportunities – Lower risk – Less politics • Small seed investments – Seed round investments ranging $5-$10k per company • No management fees – We will not charge a fee to the investor or the entrepreneur • Reasonable valuations – Range between $1-$2.5M • Opportunity to invest in future round & funds
- 11. Equity Ownership Tri-Valley Startups Investor Total Ownership We are aligned with you, the investor, in our decisions and investments (money + time). We make money, when you make money. 1% 5% 6% With opportunity to invest in venture rounds. Equity ownership
- 12. Investments Direct investments • Invest alongside other investors in making direct investments in each company • Opportunity to choose which companies are presented for investment Fund investments • We may launch a fund to allow for investments through the fund. • The terms/conditions of such fund are TBD.
- 14. For Mentors/Advisors • What we offer – Opportunity to mentor a idea from incubation and take it to next level – Be part of the team which votes on start up ideas – Opportunity to invest – Be on Advisory board of startups