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Building a start-up has become easier than ever as the cost has decreased dramatically. With cloud computing providing the infrastructure, you don’t need a ton of capital to get off the ground. However, growth is another matter. You may have started your company with a credit card and a great idea, but scaling will require funding. Here’s the challenge: with more and more start-ups able to go to market, funding has become far more competitive. Those are just some of the pressing questions that will be answered in this VentureBeat webinar, featuring representatives from three different kinds of funding organizations: a venture capital company, a tech bank and a revenue-based lender.
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An investor roundtable
Capital raising for technology companies
November 6, 2014
Panel of Experts
BJ LacklandCEO
Lighter Capital
Erik Benson Managing Director
Voyager Capital
Claire LeeHead of Early Stage Banking
Silicon Valley Bank
Wendy SchuchartEditor and Analyst
VentureBeat Moderator
• Lends $50K-$1M in growth
capital
• Entrepreneur-friendly structure
we call a RevenueLoan
(revenue-based finance)
• Goal: make funding fast and
easy. Tech-enabled analysis,
diligence, underwriting and
servicing.
• Completed >60 deals: Most
active revenue-based finance
lender in the country
Lighter Capital
SVB mission to increase innovative companies’ probability of success worldwide. Our clients are the disruptors: Uber, Airbnb, FireEye, Evernote
Silicon Valley Bank
• Invests $500k - $5 million per company
• Focuses on seed and early stage
• Differentiation:
• West Coast focus: Seattle, Portland, Menlo Park
• First venture round: attractive valuations, capital efficient
• Value-add processes: go-to-market, team development, ecosystem planning
• Invested in 70 companies over last 16 years
Voyager Capital
The big themes affecting the funding landscape
Falling cost of
innovation
Shifting VC
landscape
More funding
sources
• More startups
• More capital
• Growth of micro VC
• Size & speed of Series A
• Rise of corporate VC
• Debt
• Crowdfunding/Angellist
VC backed path
Non VC path
Seed/Series A VC
Traditional Banks
Revenue$5m
Choosing the right funding path
Revenue-Based Financing
Series B VC
Corporate Venture
Established
Ideation
Launch & Traction
Growth & Scale
Breakout
Bootstrap/Family & Friends
Angels /Incubators/Crowdfundi
ng
Bootstrap/Family & Friends
Angels /Incubators/Crowdfundi
ng
Tech Banks
Series C VC
Debt
Equity
Tech Banks
Thank you for attending this presentation. For more information, please visit us at:
www.lightercapital.com
www.svb.com
www.voyagercapital.com
www.venturebeat.com
