Investor  Day  –  2012  04  04Rokas  Tamošiūnas,  Almaty

About  Rokas

§ Co-­‐founder  fo  StartupHighway,  Startup  Weekend  Vilnius,  Open  Coffee  Club  Vilnius

§ Serial  startup  deal  maker§ Past  M&A  consultant,  business  owner§ Startup  enthusianst

Lithuanian  startup  scene

Startup  in  numbers

§ Several  hundreds  involved  in  acGve  innovaGon  community  

§ ~100  Startup  born  each  year§ Numbers  sharply  growing  since  H2  2011

AcGvity  staGsGcs  (I)§ Startup  Weekend  Lithuania  2011

§ 200  parGcipants§ 30+  projects  developed§ ~50%  alive  aUer  6  months

§ AppCamp  BalGc  Fall  2011§ 200+  parGcipants§ 40+  projects  developed

§ Many  more  events  springing  up

Mood  at  the  events

Startups  performance  in  European  

§ 2009  Mini  Seedcamp  Warsaw  3  finalists

§ 2010  Mini  Seedcamp  Copenhagen  3  finalists

§ 2010  Mini  Seedcamp  Berlin  1  finalist§ 2010  Mini  Seedcmap  London  1  finalist§ 2010  Seedcamp  nugalėtojai  1  winner

§ 2011  Seedcamp  New  York  1  LT  winner

Startups  performance  in  European  

§ Round  #1  (2010)  –  1  LT  team§ Round  #2  (2011)  –  2  LT  teams

§ Copenhagen  round  #1  (2010)  –  1  LT  team§ Dulin  round  #1  (2012)  –  1  LT  team

§ Round  #1  (2011)  –  1  LT  team

§ Round  #1  (2011)  –  1  LT  team

Recent  LT  teams  achievements

§ Raises  2nd  round  (March  29,  NY)  App.  300k.  EUR

§ Reaches  300  000+  users  in  each  of  three  markets  (LT,  DE,  CZ),  launches  in  3  new  markets

§ Makes  an  exit  to  Wahanda  (ASI  porfolio  company)  (2012  Q1)  

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Early  stage  VC  &  PE  scene

Angel  acGvity  (I)

Angel  acGvity  (II)

§ 50+  business  angels§ AcGve:  engaging  in  community  acGviGes§ Progressive:  offering  startup  friendly  terms

§ 500+  individual  investors  in  the  broader  investor  community

Investment  banking  going  startup

§ Several  Investment  banking  bouGques  offering  fundraising  services  to  startups  with  no  or  minimal  up-­‐front  fee

§ Startup  teasers  going  around  in  the  community  on  regular  basis

§ Early  stage  business  development  services  appearing  on  the  market

Early  Stage  VC  funds

§ Several  private  iniGaGves  recently  launched:§ Venture.lt  H2  2011§ Nordic  BalGc  venture  partners  Q2  2012§ AnGgravity  ventures  Q1  2011§ CEE  Capital  Q1  2011

§ Next  to  exisGng  later  stage  funds

State  /  EU  backed  early  stage  funds

§ “Business  angels  fund”  launched  2010§ BaltCap  growth  fund  launched  2010§ LitCapital  growth  fund  launched  2011

§ PracGca  Capital  due  to  launch  H2  2012§ MoE  fund  due  to  be  launched  2012/2013§ EIF  BalGc  innovaGon  fund  due  2013/2014

Thank  You  for  amenGon