Expara's CEO, Mr. Douglas Abrams' Keynote speech at TechSauce held last Sunday 24 July, 2016 at Lotus Suite 5-6 Bangkok Convention Centre @Central World
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Douglas Abrams
About the facilitator
• Wharton MBA
• JP Morgan – Vice President
IB Technology, GM Internet Marketing
• Parallax Capital Mgmt – Co-founder and MD
Private Equity
• Extream Ventures – Co-founder and MD
S$20 million seed fund
• Expara – Founder and MD
IDM Ventures Incubator, advisory, training
• NUS – Adjunct Associate Professor, Business
School, Entrepreneurship, Sasin – Visiting
Professor, Venture Capital
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Douglas Abrams
Accelerator versus incubator
Provide start-ups with mentorship,
network, space and support
Open application process
Time-limited or open-ended
May or may not invest
Business model: fees (plus
investment returns)
May or may not have demo day
Incubator
Provide start-ups with mentorship,
network, space and support
Competitive application process
Time-limited and batch based
Invest in start-ups
Business model: investment
returns
Demo day
Accelerator
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Douglas Abrams
Types of accelerators
• Venture accelerator – focus on financial return
• Corporate accelerator – strategic/financial return
• Sector-specific accelerator – healthcare, fintech
• Accelerator plus VC fund – post-graduation investment
• Others: co-working spaces, start-up academies
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Accelerator investments
• Initial investment - $10K - $50K for 5-10% equity
• Equity, convertible note, SAFE or equivalent
• Post-graduation investment - $250K-$500K for 10-25% equity
• Provided by accelerator plus VC and/or by affiliated investors
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Accelerators in the funding process
Founder’s
Capital
Seed/
Angel
Series
A, B, C
Mezzanine Pre-exit Exit
OM
F,F&F
Accelerators
Incubators
Seed funds VCs
VC hurdle rates 60-100% 40-60% 20%
R&D Establishment GTM/Rollout Accelerated Expansion Maturity
Enablement growth
PE, Financial institutions
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Success rates of venture-funded startups
10 years after investment. Data from Sand Hill Road Econometrics. Companies received first financing before 1 January 1999. First non-seed
round investment. Returns are gross - before fees and carry
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Factors for start-ups selecting an accelerator
• Venture or corporate
• General or sector-specific
• Size of investor network
• Integration with and access to the community
• Track record of successful fundraising by previous batches
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Contact us
• Douglas Abrams
• Expara
– dka@expara.com
– www.expara.com
• You can also contact me on:
– Facebook, Linked-In, Line,
Whatsapp, WeChat
• Singapore mobile: 65-9780-5381
Singapore HQ
Block 71 Ayer Rajah Crescent
#$02-10/11 S139951
Regional offices: Bangkok,
KL, HCM, Tokyo