7/29/2019 venture capital -types

http://slidepdf.com/reader/full/venture-capital-types 1/28

Vresekthtgjk

jkSekture Dhpgthi > Aetmjls

, Vrjdess jc Cgkhkdgko

7/29/2019 venture capital -types

http://slidepdf.com/reader/full/venture-capital-types 2/28

SEK\URE DHVG\HI

SEK\UREDHVG\HI

 Hk

Uklerth`gko

Gkvjivel Rgs`

 Hk Hajukt Gkvestel

by Versjk*s tj DhrryJut tme Kewiy

Esthbigsmel Busgkess

7/29/2019 venture capital -types

http://slidepdf.com/reader/full/venture-capital-types 3/28

Sekture Dhpgthi • Sekture dhpgthi -SD' dhk be lecgkel hs ijko!tera cukls

gk equgty jr seag!equgty cjra tj cgkhkde mg!tedm

prjnedts gkvjivgko mgom rgs` hkl yet mhvgko strjkopjtektghi jc mgom prjcgthbgigty+

• Gt recers tj tmjse leveijpaekt strhteoges wmgdm meip kew

dihss jc ektreprekeurs tj trhksihte tmegr busgkess glehs

gktj rehigtges+ \me dhpgthi prjvglel tj sthrt h kewvekture gs `kjwk hs vekture dhpgthi+

7/29/2019 venture capital -types

http://slidepdf.com/reader/full/venture-capital-types 4/28

Sekture Dhpgthigst……++  H vekture dhpgthigst gs h persjk jr orjup tmht

spedghigzes gk gkvestgko ajkey gk sthrt!upbusgkesses jr busgkesses tmht hre gk lhkoer jc chgigko)

wgtm tme ojhi jc evektuhiiy dhsmgko jut cjr prjcgt+

7/29/2019 venture capital -types

http://slidepdf.com/reader/full/venture-capital-types 5/28

7/29/2019 venture capital -types

http://slidepdf.com/reader/full/venture-capital-types 6/28

Tettgko up Kew 

 Sekture

Teel Dhpgthi

Tthrt up Cgkhkdgko

Ehriy Tthoe Cgkhkdgko

Cjiijw jk Cgkhkdgko

Exphksgjk Cgkhkdgko

Repihdeaekt Cgkhkdgko

 \urkhrjukl Cgkhkdgko

E]G\ 

Vuts hkl DhiisThies jc Tmhres

GVJ

7/29/2019 venture capital -types

http://slidepdf.com/reader/full/venture-capital-types 7/28

Teel Dhpgthi 

\mgs gs hk ehriy!sthoe cgkhkdgko+

\mgs dhpgthi gs prjvglel tj hk ektreprekeur  tj prjve tme

cehsgbgigty jc h prjnedt hkl quhigcy cjr sthrt!up dhpgthi-kjbusgkess pihk jr ahkhoeaekt teha yet'+

\me vekture gs stgii gk tme gleh cjrahtgjk sthoe hkl gts

prjludt jr servgde gs kjt cuiiy leveijpel+

Gk ajst dhses) tme ajkey djae crja tme cjukler/s jwk

pjd`et g+e+ crja tme "4 Cs" -Chagiy) Crgekls) hkl Cjjis') hkl

jddhsgjkhiiy crja hkoei gkvestjrs+

7/29/2019 venture capital -types

http://slidepdf.com/reader/full/venture-capital-types 8/28

djkt… 

Gkvestaekt dhpgthi ahy be usel tj drehte h shapie

prjludt) cukl ahr`et resehrdm) jr djver hlagkgstrhtgve

set!up djsts+

\mgs sthoe gkvjives Tergjus Rgs` hs kj ouhrhktee

7/29/2019 venture capital -types

http://slidepdf.com/reader/full/venture-capital-types 9/28

Tthrt up Dhpgthi

\mgs hisj chiis ukler dhteojry jc ehriy!sthoe cgkhkdgko+

\me tera ‛sthrt!up‚ recers tj tme sthoe wmere h kew

hdtgvgty gs ihukdmel+

Tthrt!up dhpgthi gs keelel tj  cgkhkde tme prjludt

leveijpaekt) gkgtghi ahr`etgko # tme esthbigsmaekt jc 

prjludt chdgigtges+

\me vekture ht tmgs pjgkt mhs ht iehst jke prgkdgphi

wjr`gko cuii tgae+

7/29/2019 venture capital -types

http://slidepdf.com/reader/full/venture-capital-types 10/28

Djkt… 

Cuklgko ht tmgs sthoe gs hisj rhre+

\me sehrdm gs jk cjr tme jtmer `ey ahkhoeaekt

teha aeabers hkl wjr` gs begko ljke jk

hllgtgjkhi ahr`et resehrdm) hkl cgkhigzgko jc tme

prjludt jr servgde cjr gktrjludtgjk tj tme

ahr`etpihde+

7/29/2019 venture capital -types

http://slidepdf.com/reader/full/venture-capital-types 11/28

Ehriy!Tthoe* Cgrst!Tthoe Cgkhkdgko

Mere) cgkhkde gs prjvglel tj djaphkges tmht mhve djapietel

leveijpaekt sthoe # requgres curtmer cukls tj gkgtghte

djaaerdghi ahkuchdturgko # shies+

 H ahkhoeaekt teha gs gk pihde hijko wgtm eapijyees+

\me cuklgko crja tmgs sthoe gs usel tj cuei shies) rehdm tme

breh`evek pjgkt) gkdrehse prjludtgvgty) dut ukgt djsts) hs

weii hs bugil tme djrpjrhte gkcrhstrudture hkl lgstrgbutgjk

systea+

 Ht tmgs pjgkt tme djaphky gs 2 ! 4 yehrs jil+

7/29/2019 venture capital -types

http://slidepdf.com/reader/full/venture-capital-types 12/28

Cjiijw!jk* Tedjkl!Tthoe Cgkhkdgko

\mgs dhpgthi gs prjvglel tj h cgra wmgdm mhs prevgjusiy beek

gk redegpt jc exterkhi dhpgthi but wmjse cgkhkdghi keels mhve

subsequektiy exphklel+

\mgs sthoe gs ihter!sthoe cgkhkdgko wmgdm aehks tmht tme

prjnedt mhs phssel tme test jc hddepthbgigty # mhs prjvel tj

be suddesscui+

Tgkde prjnedt ht tmgs sthoe prjagses tj be httrhdtgve gk terasjc ehrkgko pjtektghi) gt gs djksglerel tj be tme ajst

httrhdtgve sthoe cjr vekture dhpgthi cgkhkdgko+

7/29/2019 venture capital -types

http://slidepdf.com/reader/full/venture-capital-types 13/28

Exphksgjk Cgkhkdgko

\mgs gs jke jc tme ihter!sthoe cgkhkdgko aetmjls)

wmereby tme cgkhkde gs prjvglel tj cukl tme exphksgjk jr 

orjwtm jc h djaphky wmgdm gs breh`gko evek jr trhlgko

ht h sahii prjcgt+

Exphksgjk jr leveijpaekt dhpgthi wgii be usel tj cgkhkde

gkdrehsel prjludtgjk dhphdgty) ahr`et jr prjludt lev+

hkl*jr tj prjvgle hllgtgjkhi wjr`gko dhpgthi+

Cgkhkdgko gs hisj ahle hvhgihbie cjr hdqugsgtgjk jr 

th`ejver +

7/29/2019 venture capital -types

http://slidepdf.com/reader/full/venture-capital-types 14/28

Repihdeaekt Cgkhkdgko

Gt gs h ihter!sthoe cgkhkdgko aetmjl) hisj `kjwk hs

’ajkey!jut lehi‑+

\me Sekture dhpgthigst extekl cgkhkdgko cjr tme purdmhse jc tme exgstgko smhres crja hk ektreprekeur jr tmegr 

hssjdghtes+

\me vekture dhpgthigst ahy buy jrlgkhry smhres crja vekljrs# ahy djkvert tmea gktj precerekde smhres behrgko h cgxel

lgvglekl djupjk+

7/29/2019 venture capital -types

http://slidepdf.com/reader/full/venture-capital-types 15/28

\urkhrjukl Cgkhkdgko

\mgs type jc cgkhkdgko gs prjvglel gk tme evekt jc hk

ekterprgses bedjagko ukprjcgthbie hcter tme ihukdm jc 

djaaerdghi prjludtgjk+

\mgs gs prjvglel gk cjra jc reigec phd`hoe crja tme exgstgko

vekture dhpgthi gkvestjrs) wgtm spedghigst s`giis tj redjver+

\me cgkhkde ahy hisj be prjvglel tj susthgk tme durrektjperhtgjks jc tme ekterprgse+

7/29/2019 venture capital -types

http://slidepdf.com/reader/full/venture-capital-types 16/28

SD gkvestaekt prjdess 

Tdreekgko

Lehi Jrgogkhtgjk

Lue lgigoekde -Evhiuhtgjk'

Lehi strudturgko

Vjst gkvestaekt hdtgvgty

Exgt pihk

7/29/2019 venture capital -types

http://slidepdf.com/reader/full/venture-capital-types 17/28

7/29/2019 venture capital -types

http://slidepdf.com/reader/full/venture-capital-types 18/28

Tthoes gkSekture

Cgkhkdgko

8+ Ehriy Tthoe

Teel Dhpgthi

Tthrt!up Dhpgthi

2+ Ihter sthoeExphksgjk Cgkhkdgko

Cgrst Tthoe Cgkhkdgko

Leveijpaekt Cgkhkdgko

4+ Hdqugsgtgjk*

Buy!jut Cgkhkdgko Ahkhoeaekt Buy Jut

\urkhrjukl Cgkhkdgko

Brgloe Cgkhkdgko

7/29/2019 venture capital -types

http://slidepdf.com/reader/full/venture-capital-types 19/28

Exgt rjute

Gkgtghi Vubigd Jccer-GVJs' Aetmjl

Thie jc Tmhres Aetmjl

Vut # Dhiis Aetmjl

\rhle shie*Hdqugsgtgjk by hkjtmer djaphky

Igquglhtgjk

7/29/2019 venture capital -types

http://slidepdf.com/reader/full/venture-capital-types 20/28

Cgkhkdghi Tthoe Vergjl -Cukls ijd`el gkyehrs'

Rgs` Verdeptgjk Hdtgvgty tj be cgkhkdel

Teel Ajkey ?!86 Extreae

Cjr suppjrtgko h djkdept

jr gleh jr R#L cjr

prjludt leveijpaekt

Tthrt Up 5!7 Sery Mgom

Gkgtghigzgko jperhtgjks jr

leveijpgko prjtjtypes

Cgrst Tthoe 4!? Mgom

Tthrt djaaerdghis

prjludtgjk hkl ahr`etgko

Rgs` gk ehdm sthoe 

7/29/2019 venture capital -types

http://slidepdf.com/reader/full/venture-capital-types 21/28

Cgkhkdghi Tthoe Vergjl -Cukls ijd`el gk

yehrs'

Rgs` Verdeptgjk Hdtgvgty tj be cgkhkdel

Tedjkl Tthoe 4!5 Tuccgdgektiy mgom

Exphkl ahr`et hkl

orjwgko wjr`gko dhpgthi

keel

\mgrl Tthoe 8!4 Aelgua

Ahr`et exphksgjk)

hdqugsgtgjk # prjludt

leveijpaekt cjr prjcgt

ah`gko djaphky

Cjurtm Tthoe 8!4 Ijw Chdgigthtgko pubigd gssue

djkt… 

7/29/2019 venture capital -types

http://slidepdf.com/reader/full/venture-capital-types 22/28

Aetmjls jc Sekture Cgkhkdgko

\me cgkhkdgko phtterk jc tme lehi gs tme ajst gapjrthkt

eieaekt+ Cjiijwgko hre tme vhrgjus aetmjls jc vekture

cgkhkdgko>

• Equgty

• Djklgtgjkhi ijhk

• Gkdjae kjte

• Vhrtgdgphtgko lebektures

• Djkvertgbie Ijhk Ttjd`

• Tpedghi Jrlgkhry Tmhres

7/29/2019 venture capital -types

http://slidepdf.com/reader/full/venture-capital-types 23/28

Sekture dhpgthi cukls gk Gklgh

SDCs gk Gklgh dhk be dhteojrgzel gktj cjiijwgko 5 orjups>

8' \mjse prjajtel by tme Dektrhi Ojverkaekt djktrjiiel leveijpaekt cgkhkde gkstgtutgjks+ Cjr exhapie>

! GDGDG Sekture Cukls Itl+! GCDG Sekture Dhpgthi Cukls Itl -GSDC'

! TGLBG Sekture Dhpgthi Itl -TSDI' 

7/29/2019 venture capital -types

http://slidepdf.com/reader/full/venture-capital-types 24/28

2' \mjse prjajtel by Tthte Ojverkaekt djktrjiiel leveijpaektcgkhkde gkstgtutgjks+Cjr exhapie>

! Vuknhb Gkcjtedm Sekture Cukl 

! Ounhrht Sekture Cgkhkde Itl -OSCI'! @erhih Sekture Dhpgthi Cukl Vvt Itl+

4' \mjse prjajtel by pubigd bhk`s+Cjr exhapie>

! Dhkbhk` Sekture Dhpgthi Cukl ! TBG Dhpgthi Ahr`et Itl 

7/29/2019 venture capital -types

http://slidepdf.com/reader/full/venture-capital-types 25/28

GKSET\AEK\ VRJDETT

H lethgiel busgkess pihk gs redegvel crja tme djaphky+

Represekthtgves jc tme gkvestjr leteragke tmht wmetmer tmey smjuil 

lj gkvestaekt gk hk djaphky jr kjt+

Gc tme pihk ijj`s prjagsgko) tme gkvestjr wjr`s wgtm tme

ahkhoeaekt+

Oekerhiiy ) tmgs sthoe requgres 3!8< wee`s jc gktekse wjr`+

7/29/2019 venture capital -types

http://slidepdf.com/reader/full/venture-capital-types 26/28

Gkvestaekt Drgtergh

\me cuklhaekthi gkvestaekt drgtergh jc vekture dhpgthigsts bjgi 

ljwk tj tmese tmree pjgkts >

•

\me Ahkhoeaekt \eha

• \me Vrjludt jr Tervgde

• \me Ahr`et 

7/29/2019 venture capital -types

http://slidepdf.com/reader/full/venture-capital-types 27/28

DJKDIUTGJK 

Sekture Dhpgthi gs ajst httrhdtgve cjr kew djaphkges wgtm igagtel 

jperhtgko mgstjry tmht hre tjj sahii tj rhgse tme dhpgthi gk pubigd

ahr`ets hkl hre tjj gaahture tj sedure h bhk` ijhk+ Gk

exdmhkoe cjr tme mgom rgs` tmht vekture dhpgthigsts hssuae by 

gkvestgko gk sahiier hkl iess ahture djaphkges+

Gk jke igke we dhk lecgke SD hs>

\MERE GT KJ RGT@) KJ VRJCG\ 

AJRE RGT@) AJRE VRJCG\+

7/29/2019 venture capital -types

http://slidepdf.com/reader/full/venture-capital-types 28/28