Fund Raising for Early Stage Ventures

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Fund Raising for Early Stage Ventures

• Rina Shainski General Partner, Carmel Ventures
• MIT Enterprise Forum of Israel
• February 22nd

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Carmel Ventures

• Top Tier Israeli fund focused on Information
  Technology
• Founded in 2000, with 372 MM under management
• In May 2005, closed Carmel II, a 201.5 MM fund
• Founded by pioneers of the Israeli Hi-Tech
  industry
• Over 20 years of founding, sourcing, building,
  leading and successfully exiting private public
  companies
• Backed by leading global investors
• Focus on Information Technology
• Generating value by building substantial
  companies
• Lead/ Co-lead investor
• Target holding of over 20 at exit
• Emphasis on business fundamentals and technology

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Carmels Portfolio
Network, System, Security Performance Management
Communications
Business Intelligence Analytics
Enterprise Applications
Mobile Wireless Software Infrastructure
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Company Development Curve Software Model
IPO
D
Did we build the right product/service?
C
A
B
Seed
Product
Initial Sales
E x p a n s i o n
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Round A Requirements
Team
Technology Product
Domain Knowledge
Market
Big Story
Financials
Co-Investors
Deal
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Summary

• Time is of essence!
• Markets (and competitors) do not wait
• Get on a high growth curve as early as possible
• VC is your best partner for high growth!