Effective Investment in Growth Companies: How Best To Go About Raising or Investing Capital
5.30pm - 7.30pm, Tuesday 13 October, Northern Club, 19 Princes Street, Auckland
- What can the investor bring to the table apart from money?
- How to choose between investors and derive best value.
- Identifying growth companies and ensuring they deliver on the promise.
- What size stake to ask for or give away; influence versus control.
- Setting, monitoring and achieving KPIs and milestones.
- Exiting best for all involved.
Marcia Rick Dawood
Marcia Rick Dawood is on the Board of the Angel Capital Association (ACA) in the United States an organisation which represents over 12,000 accredited investor members, 220 angel groups and accredited platforms who have invested in well over 10,000 entrepreneurial companies.
Marcia is also Managing Director of Golden Seeds, an investment firm dedicated to delivering above market returns through the empowerment of women entrepreneurs and those who invest in them. The firm’s nationwide angel network is the fourth largest and most active in the US with 250 members. Its venture capital group has $35 million under management. The firm, headquartered in New York, also has groups in Boston, San Francisco, Dallas and LA and has invested over $50million into 52 companies since 2005.
Syndication of deals between Golden Seeds and BlueTree Allied Angels is also lead by Marcia where she is also a member and Chairman of the Education committee. BlueTree’s focus is investing in regional, early-stage companies.
Not content with the ACA and 2 angel funds Marcia is Managing Director of OneHEEL Partners in Greater New York too. She focuses on helping businesses grow, through direct investment and expert consulting services. The firm also offer a laboratory with resources to grow, develop and encourage business ideas and investments, identifying those concepts with the highest potential, and providing the financial and business expertise required, leveraging the background and network diversity of its partner members.
She supports women led, impact as well as tech/life sciences and overall fun companies and is passionate about education as well as investment. In her 16+ year career prior to becoming an active investor she gained experience and success in operations, sales and marketing with Kaplan Higher Education Campuses (KHEC). She has also walked the road of an entrepreneur as a founder, owner/operator of a professional sports franchise.
Raiyo Nariman specialises in commercialisation of technology, research & IP, and the development, funding and growth of start-ups. As a Venture Manager, Raiyo personally invests and partners with founders, taking a hands-on role to ensure successful execution of commercialisation & growth strategies, including international market entry and capital raising.
Raiyo’s entry into the venture arena started in New Zealand, as part of the founding executive team for a Foundation, where his focus was on the development, funding and incubation of new ventures. Raiyo’s executive-level engagements include CEO of Canterprise, the venture company at University of Canterbury, and MD of Encore Professional Services, a business he spun-out, established and grew for a PE fund in Hong Kong.
As the founding VP for the Malaysian Business Angel Network, Raiyo played a key role in establishing the current angel investor community in Malaysia and has also established, developed and managed angel networks in Hong Kong and Singapore, and works with angel clubs and associations across Asia and the West.
Raiyo is MD and Partner for Mercatus Ventures, a Malaysian-based early stage venture firm that invests in, and takes a hands-on role to develop, regional ventures. He is also a Partner in Serendipity Ventures, a Hong Kong-based boutique venture management firm, where he personally invests in early stage ventures and takes them to market.
Mr Parekh has accumulated an extensive portfolio of technology, media and social impact investments with over ten exit or acquisition events among them.
He is also well placed to provide attendees of #ABAF15NZ with an authoritative view on funds and the benefit of angel networks, incubators and accelerators as a partner in a wide range of early-stage business growth and investment vehicles including Jungle Ventures, 500 Startups and Mumbai Angels.
Jayesh is a Singapore citizen and lives there with his family where he is actively involved in the ecosystem. He is Chief Mentor at the Hub Singapore, an Entrepreneur-in-Residence at INSEAD, an Executive Advisor to NUS (National University of Singapore) Enterprise and a TiE (Tech In Asia) Charter Member. As a judge at TiE’s Startup arena in Jakarta in 2014, Tech in Asia’s biggest Startup Asia to date with 2,202 participants, Jayesh was on the judging panel coaching founders to clearly articulate their monetization strategies.
Drawing on his background as an engineer with a Bachelor’s degree in Electrical Engineering from MS University in Baroda, India, a Master’s degree in Electrical Engineering from the University of Texas at Austin, USA and over 12 years at IBM based in Houston and Singapore, he supplies valuable guidance around product believing “best of class product is extremely important and that means the user experience fits across all regions.”
Jayesh also works with existing businesses to help them apply a more entrepreneurial mindset and approach to their enterprises. He delivers in-company presentations and often facilitates deep discussions with sales and marketing and business development teams to help them embrace corporate entrepreneurship as a way to identify new business opportunities.
In his long list of achievements Jayesh counts being a co-founder of Sony Entertainment Television, a major network launched in collaboration with Sony Pictures Entertainment and his board membership of One Animation, Shemaroo, Milaap, and investment in Asvathaa (gaming & animation), Game Ventures (online gaming) and eBus (TV commercial digital distribution).
He is also a passionate advocate and investor in ventures which give back to the community with roles on the Boards of social enterprise focused ventures such as the Investment Committee of Aavishkaar India, which invests in enterprises active in the social infrastructure sector in rural and underserved India. He was on the board of SONG, a fund owned by George Soros which invests in SMEs in India that meet social objectives. He served on the Board of United Way International for six years and is a founder of ProPoor, a non-profit portal for Non-Governmental Organizations in South Asia, and now a service of CharityFocus.
As a founder of Life Science Angels (LSA), focused solely on medical device and biotech startups, Allan has curated a group comprised of high net worth individuals who are veterans from the medical device or biotech fields in the US.
The group have, since 2005, invested over $35M in 32 early stage companies who have gained over $700M in follow-on funding. The LSA portfolio also boasts five favourable exits.
Allan’s experience spans founder, CEO, board member and Chairman roles on a number of early stage companies in life sciences – including Intella Interventional Systems, MAST Immunosystems, ImmuneTech, Athenagen (Comentis), Nanostim, nSpine, and BioMimedica. In 2007 Allan joined renowned inventor, entrepreneur and cardiac surgeon, Dr. Thomas Fogarty, in co-founding Emergent Medical Partners. EMP is a boutique venture fund focused on early stage medical device company creation and investing. It has made 25 investments to date with 4 successful exits, including eValve and Ardian.
In 2010, Allan was elected Chairman of the Board of the Kauffman Foundation’s Angel Capital Education Foundation, now known as the Angel Resource Institute. ARI is devoted to the promotion and study of angel investing.
A strong advocate for developing angel investing as a complex ecosystem of peer-to-peer support and mentorship and also the formalization of angel investment engines, Allan has been outspoken on the benefits early-stage investing to the growth of ecosystems. For instance in a 2011 piece for The Atlantic he goes so far as to say angels were key to ‘saving Silicon Valley'; operating as they do on the clear understanding “capitalism still works, and the higher the risk the higher the return”.
Allan began his academic career at Case Western Reserve University where he received his Juris Doctorate. He earned a Bachelor of Arts degree in 1969 from Kent State University and is a graduate of the Stanford Executive Program for Small Business. Allan now frequents conferences and government programs as a lecturer on trends and developments affecting investing in life science. He has co-chaired Singularity University’s Innovation and Entrepreneurship Track at its FutureMed Program and is a member of the editorial board of Elsevier Windhover’s In Vivo magazine.
Allan brings to New Zealand insights from his extensive background of involvement in negotiating mergers, acquisitions, strategic alliances and successfully completing transactions with both public and private companies.
Allan specialises in corporate, commercial and securities law and has extensive experience in M & A deals, including advising in relation to NZX Listing Rules and the Takeovers Code.
He regularly advises in relation to joint ventures and other commercial contracts as well as on offers of securities, advising both issuers and trustees.