5 Forces at Play in the Great Unbundling of Venture Capital.

1. “VC Disruption By 1001 Angels”
By: John F. C. Cheong
1. Returns Distribution of Typical VC Fund
2. Unbundling of the Great Venture Capital
3. Our 5 Most Important Strategies
4. Our 25+ Most Important Assets
5. Your “Horror Story” in Numbers
Feedback and comments to: johnc@spacemachine.net.Rev.2016.0411

2. What’s Wrong With This Picture?
(Typical Returns Distribution of a Venture Capital Fund)Frequency
Money Multiple0 10x
“Home Runs”
“Middle of
the Pack”
“Losses”
“Home Runs”: Few and Far Between. “Losses”: Too Many!
Question: What can we do to change this picture?

3. Unbundling of the Great Venture Capital
“I’m sure I can get you to ‘lean in’, but I’m not sure if you’re going to smile, nod, or applaud.”

4. Our 5 Most Important Strategies:
“FinTech”
Isn’t now a good time to rethink:
1. startup formation + terms,
2. advisory model,
3. funding model,
4. alliance model, and
5. talent acquisition + pivot exit?
It would be the second coming
of the “Keiretsu”... accelerated.

5. Our 25+ Most Important Assets:

6. Your “Horror Story” in Numbers…
Source:

7. Now, How Can I Help?
“FinTech”