By Jason Best. Presented at Crowdsourcing Week Europe 2016. For more information and details on our next event, visit www.crowdsourcingweek.com.

1. November, 2016
TheEmerging
Infrastructureof the
ModernPrivateCapital
Markets
jason@theccagroup.com.
@CrowdCapAdvisor
www.theccagroup.com

2. THE PRIVATE CAPITAL MARKETS ARE
MOVING ONLINE…
The public markets moved online in the late 1990’s
and early 2000’s to achieve greater speed, lower
costs and increase investor participation.
With the passage ofThe JOBSAct in 2012, the
private capital markets are moving online.This
global shift presents massive early stage investment
opportunities in this new ecosystem.
2

3. AND THIS MOVEMENT DRIVES
OUR MISSION
Our mission: Brilliant people exist everywhere in the
world. Based on our work in 40 countries, the main
obstacle they face in creating innovation, jobs and
entrepreneurship is no access to capital.
The technology ecosystem that enables equity and
crowdfunding is the first wave of innovation in the
radical reshaping of the private capital market. This
drive global innovation, economic development and
creation.
3

4. 4
WHAT FORMS OUR VIEW OF THIS
GLOBAL INFRASTRUCTURE
OPPORTUNITY
• We led the fight to change 77 year old laws by creating the
crowdfunding language in the JOBS Act
• Their 460-day campaign to legalize equity and debt crowdfunding:
• Testified in front of the US House and Senate 5 times
• Gained the support of President Obama and the White House
• Worked closely with both Democrats and Republicans to pass
crowdfunding as part of the JOBS Act
• On April 5, 2012 they attended the White House Rose Garden
Ceremony for President Obama to sign it into law

5. NOW IS THE TIME FOR A FUND TO BUILD NEW PRIVATE
CAPITAL MARKET INFRASTRUCTURE
5
0
50
100
150
200
250
300
350
2014 2015 2016
Marketsize(US$Billion)
GLOBAL CROWDFUNDING MARKET GROWING OVER
150% PERYEAR1
1 Cambridge University

6. THE MEDIA HAS NOT YET
CONNECTED THE DOTS…
We are often called upon for industry analysis, but the real story has
yet to be covered…
21
• Featured in May 2013 Annual 100
Brilliant Companies issue
• 6-page feature article on CCV
Co-founders and their leadership role
in crowdfunding
• Selected for “The Innovators” series

7. WE ARE BUIDLING THE NEW PRIVATE
CAPITAL MARKET INFRASTRUCTURE
72 The Future of Finance, Volume 3. March 13, 2015, Goldman Sachs Global Investment Research
Goldman Sachs stated that the “Socialization of Finance” creates a
$4.7T market disruption opportunity
in the private capital markets, via the development of equity crowdfunding ,
debt crowdfunding, real estate crowdfunding and robo-advising2
World Bank/CCA estimates nearly $100B market opportunity
in developing economies alone

8. WHAT IS THE STATUS OF THE NEW PRIVATE
CAPITAL MARKET INFRASTRUCTURE
8
EVOLVING MARKETS
HIGHEST MARKET ENGAGEMENT
United Kingdom
European Union
United States
Asia-Pacific
Latin America
Canada
MENA
Africa
BUILDING MARKET AWARENESS
Huge impact potential in every market
OurWorld Bank research demonstrated
the “leapfrogging effect” that
crowdfunding tech may deliver in
developing economies – empowering, job
creation, innovation and entrepreneurs

9. CCV is utilizing its proprietary 5 sector model for investment in the
crowdfunding ecosystem that will be built over the next 10 years
5 SECTORS OF INFRASTRUCTURE OPPORTUNITIES
9
GLOBAL MARKET
INFRASTRCTURE
FOR
CROWDFUNDING
Crowdfunding
platforms and
secondary markets
TRUST AND
TRANSPARANCY
TOOLSTO ENBALE
MARKETSTO SCALE
e.g. Escrow, title,
transfer, investor
relations, compliance,
diligence services
DATA / ANALYTICS /
METRICS SERVICES
Turning data into
actionable
information for
investors, govts and
entrepreneurs
MONEYTRANSFER:
BLOCKCHAIN,
CAPITAL FLOWS
addressing cost, scale,
friction & liquidity
WHITE SPACE
OPPORTUNITIES
Astechnology,
customerneeds,
bestpracticeand
competitivelandscapes
shift,newtechnologies
willemerge

10. INVESTORS NEED A UNIQUEVANTAGE POINT
4 YEARS IN 40 COUNTRIES
BUILDING KNOWLEDGE AND
RELATIONSHIPS
10
#1Advise governments
and regulators to shape
crowdfunding policy
and regulation
ExampleActivities Include:
• Created theWorld Bank’s frameworks for crowdfunding in
developing economies
• Created the CCA Balanced Stakeholder Framework™ to help
governments create effective policy and regulation
• Created the CCA Crowdfunomics Equation™
• Created Private Capital Market Roadmap for Development

11. INVESTORS NEED A UNIQUEVALUE
PROPOSITION
4 YEARS IN 40 COUNTRIES
BUILDING KNOWLEDGE AND
RELATIONSHIPS
11
HOW DOYOU ADDVALUE IN AN ECOSYSTEM?
• Enabled crowdfunding associations in various markets to build
Industry collaboration PLUS regulator-to-industry relationships
• Advocating data standards and documentation standards
• Advise Individual Debt/Equity/Real Estate Platforms
• Investors need to move efficiently
#2Adviseglobal
crowdfunding
platforms and related
FinTech companies in
thespace

12. INVESTORS NEED GUTS AND CONVICTION
4 YEARS IN 40 COUNTRIES
BUILDING KNOWLEDGE AND
RELATIONSHIPS
12
• “Early Stage Investing” means ”EARLY STAGE INVESTING”
• Creating new financial products/services in mature markets
• Transplanting successful products/services to developing markets
• Understand the market environments, regulatory stability, and the
ability to maintain IP, and to exit the investments AND REPATRIATE
CAPITAL
#3We are already
investing in the space
to demonstrate the
investment thesis

13. CROWDFUNDING INFRASTRUCTRE IS PHASE 1 OF THE
DEVELOPMENT OF THE MODERN PRIVATE CAPITAL MARKET
13
NEW GLOBAL REGULATION +
TECHNOLOGY INNOVATION IS
CREATING INVESTMENT
OPPORTUNITIES
Governments must create new access
to capital for SMEs and start-ups
because they need new jobs,
entrepreneurship and innovation that
will create economic growth and
political stability.
DOTHE EXITS OFF OFTHE
AIRPLANE WORK BOTH ON WATER
AND LAND?
We believe exits will occur primarily
via acquisitions by global technology
and finance players
Buying new financial services and
business models may be highly
desirable by established firms
DIFFERENT LEVELS OF EXISTING
INFRASTRUCTUREWILL DEMAND
DIFFERENT APPROACHES
Developed economies: making
existing markets flatter/lower cost
Developing economies: creating new
markets/services/products via
mobile/social
Ability to transplant successful models
to other similar markets

14. Crowdfunding technology is reshaping the private capital markets
we are on page 87 of a 1000 page novel
AVOID THE RUSH AND PRICES OF INVESTING IN PAYMENTS…
14
CROWDFUNDING IS
POTENTIALLYA $4.7
TRILLION DOLLAR
GLOBAL MARKET
DISRUPTION IN
PRIVATECAPITAL
MARKETS
WE ARE ALWAYS
LOOKINGTO MEET
NEWTECHNOLOGY
COMPANIES INTHE
CROWDFUNDING /
NEW PRIVATECAPITAL
MARKET ECOSYSTEM
INVESTORS NEEDTO
LEVERAGEGLOBAL
RELATIONSHIPS +
MARKET EXPERTISE
TO GENERAGE EARLY
DEAL FLOW ACCESS
WHILE
CROWDFUNDINGWILL
FUNCTIONPRIMARILY
WITHINEACH
COUNTRY–INVESTORS
WILLNEEDAGLOBAL
VIEWTOSUCCEED

15. November, 2016
TheEmerging
Infrastructureof the
ModernPrivateCapital
Markets
jason@theccagroup.com.
@CrowdCapAdvisor
www.theccagroup.com