Magic touch: who are the modern kings Midases

1. Magic touch:
who are the modern
kings Midases
Denis Dovgopoliy
Oleksandr Udodenko

2. In big data we trust

3. Database data up to date
100k out of 6m cells
about unicorns, funds,
deals and other

4. Growing up of Unicorns

5. Exit Valuation and Money Raised

6. Access to capital

7. Average Exit Valuation and Raised
Money by industries

8. Average Exit Valuation and Raised
Money by industries
* areas highlighted in red intersect on two graphs

9. Average Exit Valuation and Raised
Money by industries
* areas marked by arrow are active in Ukraine

10. Around whom the industry is spinning

11. Correlations hidden inside funds
х
х
х
х
х

12. Correlation does not imply causation
SUMMER
HEAT
NUMBER OF
HEART
ATTACKS
ICE CREAM
SALE
correlation
causation causation

13. Survivorship Bias

14. Survivorship Bias

15. Analysis arsenal
- Separation of stages
- Cluster analysis
- Multiple regression

16. sucksWhy traditional approach doesn’t work
Seed stage “A” stage “A+B” stages
85% of funds
are hidden
98% of funds
are hidden
79% of funds
are hidden
* “hidden” means that these funds are located below 1000th position of Crunchbase list of top investors

17. Seed stage magic touch

18. Seed stage magic touch

19. “A” stage magic touch

20. “A” stage magic touch

21. “A+B” stages magic touch

22. “A+B” stages magic touch

23. Kings Midases’ background
Seed stage “A” stage
Technology
Entrepreneurs
Venture Fund
Managers
Celebrities
Technology
Entrepreneurs
Venture Fund
Managers
Celebrities
82% 64% 0% 75% 46% 7%

24. Mafia wars

25. Updates
https://t.me/DDFundslist
Oleksandr Udodenko
alexandr.udodenko@gmail.com
Denis Dovgopoliy
denny.do@gmail.com