Académique Documents
Professionnel Documents
Culture Documents
FUNDING
1. 2. Initial Screen
3. Due Diligence
4. Negotiation
Opportunity
Introductio
n
6 in 1000 business plans get funded on an average
5% of business plans are read beyond the executive
summary
10% of proposals pass initial screening
10% of pre-screened proposals pass due diligence &
receive funding
State of the VC Industry
Q1 2006 Investment of $5.6B for 761 deals
Total Investment in Billions
$100
$80 8000
$60 6000
$40 4000
$20 2000
$0 -
1999 2000 2001 2002 2003 2004 2005
Source: PWC NVCA Report
Q1 ‘06 Investment # of Deals
•3 Founders •Cisco signs Series A •First working samples Series B Cypress Acquires
•$50K each on to use of TCAM1 delivered to •$13MM Lara Networks
•4 engineers TCAM for •$4.4MM Cisco •Battery - $7MM • $300MM
•$0.01/sh catalyst •F&F - $2MM •Hit $1MM revenue by •TelesoftVC - $3MM •A- $5.41/sh
products •Investar Dec 98 •$1.30/sh •B- $12.91/sh
•First time •$0.55/sh •C- $4.91/sh
switches will •$20MM options
cross 100MX/s
Y 2000
What is this?
Why does this matter?
Is that the end goal?
Q&A
BIO
80-83: ORG Systems, Baroda, Bangalore
84-86: Tata Elxsi, Singapore
87 : CSU, Chico, Summer job – Elxsi
87-89 : Full time Elxsi, Part-time CSU, San Jose
90 : MS Computer Engineering
89-91 : Via Technology
91-93 : co-Founder Nimbus Technology
93-97 : Alliance Semiconductor acquires Nimbus, built PCI
multimedia chips
97- 01: Co-founded Lara Networks, EmpowerTel Networks
June 01: Lara – pioneer in TCAM Acquired by Cypress
June 02: EmpowerTel pioneer in VoIP Acquired by Ipunity
Sept 03: Founded YuMe Networks – New Media Company pioneer in
inserting RT video Ads
July 06: Closed $7.2MM Series A funding for YuMe
Dec 06: Stepped down from active duty at YuMe
Mentoring Duke Graduates on entrepreneurship
TiE Charter Member and Co-Chair of Media and Entertainment
Five patents to date in routing, VoIP. Have applied for video over IP,