Satish Kataria on Entrepreneurship, start-up life cycle, different funding models for start-ups and about GrowVC the world's first and fastest growing crowd-funding platform at 2010 ThoughtBerg's Campus Ambassadors boot-camp

1. The critical ingredient is getting off your butt and doing something. It's as simple as
that. A lot of people have ideas, but there are few who decide to do something about
them now. Not tomorrow. Not next week. But today. The true entrepreneur is a doer,
not a dreamer.“
- Nolan Bushnell, founder of Atari and Chuck E. Cheese's
"If it really was a no-brainer to make it on your own in business there'd be millions of
no-brained, harebrained, and otherwise dubiously brained individuals quitting their
day jobs and hanging out their own shingles. Nobody would be left to round out the
workforce and execute the business plan.“
- Bill Rancic, winner on Donald Trump's "The Apprentice"
"I had to make my own living and my own opportunity! But I made it! Don't sit down
and wait for the opportunities to come. Get up and make them!“
- Madam C.J. Walker, creator of a popular line of African-American hair care
products and America's first black female millionaire

2. What makes a successful entrepreneur
• Planning
• Team
• Financial prudence
• Adaptability
• Sustenance
• Love

3. Funding stages

4. Funding stages
•More than 330 VC/PE funds active in India
•Total investments made in 2008-09 were about USD 4.2 Billion over 250 deals
•Over USD 5.7 Billion of funds raised by around 24 funds
•Early stage investments account for about 2% of total investments made

5. Angel Funding facts
Global Facts
• USD 8.5 Billion Annual Investment
• 1,25,000 Angel Investors
• Investment in over 25,500 new business ventures
• 25% - Healthcare/medical devices ; 20% Biotech ; 12% software
India facts
• Hardly 1000 angel investors
• Early stage investments would hardly be USD 20 – 22 Million
• Number of investments would be 45 – 65 per annum
• Most of investments are still in technology – with healthcare and education slowly
catching up

6. Start - Ups
Money Passion People
Around 400 - 600
existing Indian angel
investors
Millions of Indians
Bringing the Power of Communities and Crowds to support start-ups

7. • 50 years old model – facing
downslide
• Only 1% of PE Investments in
India route to ‘Early-Stage’
• Out of 1000 ideas with Indian
Angel Network & Mumbai Angels
– only 47 got funded
• In US – 3,50,000 angel investors
invest USD 60 Billion in 50,000
new businesses every year

8. Creating a VIRTUAL SILICON VALLEY

9. Grow VC International
• Founded in February 2010 by a group of global equity and finance
experts in order to ‘democratise’ funding and support for start-ups
• A ‘crowd-funding’ model which brings start-ups, experts, investors and
various other entities – working in this domain – together on a single
platform and empower them with tools and expert advise to interact and
support in self-sustaining manner.
Users on Grow VC International
• More than 6,000 registered members from over 100 countries
• More than 1,000 start-ups hooked up on platform
• Funder/start-up ratio : 55:45
• Community Investment Pool : Approx USD 20 Million

10. How Grow VC Works
Start - Ups Investors Experts
GROW VC
75%* forms community investment pool25% Admin charge to Grow VC
Investee Company 1 Investee Company 2
FailureSuccess
Investment gains
75%* divided amongst successful investors
on ranking basis
25% goes to Grow VC
Subscription Fees (USD 20 to USD 140 per month)
No Admin/Mgmt fees on direct investments
* Subject to appropriate tax deductions

11. What it brings for start-up
START - UP
Invest !
A start-up can actually invest
in other start-ups !
Make your Business Plan and Valuate yourself!
• Profile listing requires setting clear business plan
• It also requires making clear offering
Funding Offering
Service Expert Offering
• Evaluate with others and see what’s working
• Comments from Investors and experts strengthen the
idea with each passing day
Get Investors !
• Direct Investments
• ‘Crowd Investors’
• USD 5 Million Grow VC – IndiaCo Ventures Co-Investment Fund
• Supported by Indian Angel Network…and more on way
Get Talent & Experts!
• Make ‘Service Investment’ offers
• Search different category of experts
• First platform for various service
providers wanting to offer services to
start-ups
• Nurture Talent

12. When a start-up registers…
• Details required
– Brief profile of what your start-up intends to do
– People, location details
– Why are we so good?
– Our markets
– Customers (current and potential)
– Customer problem
– Competitive landscape
– Partner plan
– Business and revenue model
– Sales and marketing strategy
– Affiliate plan
– What funding you require and you plan to offer in return
– Service offers to experts

13. How Grow VC helps Investors
Existing Infrastructure With GrowVC
Preferably have to be part of Angel
Network – to be apprised of deal flow and
use group dynamics to initially screen
ideas
• Access to strong continuous deal flow –
irrespective of geographical or sector
limitations
• Access to detailed term sheets, liberty
to contact start-ups, access to preferred
rating by other users – are some strong
investment tools which can help them to
decide investments
• Can open doors to host of new category
of investors – who so far are not aware of
this investment category – thus enhancing
the so-called ‘funnel’
• Might even open doors for ‘Venture
Funds’ – given expert investment base
• Even the subscription charges end up
being part of Investment pool only
May not be able to devote too much
personal time
• Can select and invite host of experts to
manage investments on their behalf

14. How Grow VC helps Experts
Existing Infrastructure With GrowVC
Limited or no exposure to start-up domain • Can participate in the entrepreneurial
drive – even by investing ‘sweat equity’
or ‘expertise’
• Access to strong deal of strong future
potential clients
• Access to host of investors, who might
now employ their services for investment
management

15. How Grow VC helps Indian start-up space
Existing Infrastructure With GrowVC
Disparate efforts by various entities • First-ever platform which can bring
everyone face-to-face, all together
Limited funnel of investors and funds • Automatically creates an Investment
Pool – which can support potential start-
ups
• Will open door to new range of investors
and experts
• Brings expert investment management
and transparency to forefront
In short, a possible ‘disruptive’ platform – which is endeavoring to put all
start-up entities on a single platform

16. STAY HUNGRY,
STAY FOOLISH
“ Hope is your most powerful weapon.
Self-Confidence is your greatest asset”
Dhirubhai Ambani

17. Discussions
• www.india.growvc.com
• www.springboardventures.co.in
Satish Kataria
+91-9967972553
Managing Director
Springboard Ventures Private Limited (Indian partners to GrowVC)
Satish@springboardventures.co.in