VENTURE CAPITAL

BY:
SRI MARYATI, SE, MSI

BASIC CONCEPT


THE PRIME AGENT
VENTURE CAPITAL FUND
MANAGEMENT COMPANY
INVESTEE COMPANY

VENTURE CAPITAL MECHANISM
SINGLE TIER APPROACH
INVESTOR
INVESTOR
INVESTOR
VENTURE CAPITAL
COMPANY
INVESTEE COMPANY
FINANCING
AGREEMENT
DIVESTMENT
TWO TIER APPROACH

INVESTOR
INVESTOR
INVESTOR
FUND
COMPANY
MANAGEMENT
COMPANY
MANAGEMENT
CONTARCT
MANAGEMENT FEE
SUCCESS FEE
I
N
V
E
S
T
E
E
FINANCING
AGREEMENT
REPORT
SUPPORT
DIVESTMENT
THE OBJECTIVE
1. SUPPORT TO DEVELOPT NEW
FIRM/BUSINESS
2. GIVE FINANCING TO NEW FIRM
3. SUPPORT TO EXPAND BUSINESS
4. SUPPORTING INOVATION PROCESS
AND PRODUCT
5. ENCOURAGE R & D ACTIVITY
6. INCREASE INVESTMENT

THE CARACTERISTICS
1. EQUITY FINANCING (SHARE)
2. LONG RUN PERSPECTIVE
3. HIGTH RISK
4. ACTIVE INVESTMENT
5. TAMPORARY INVESTMENT
6. CAPITAL GAIN & DEVIDEN
7. HIGH RATE OF RETURN
FUNDING/INVESTOR
1. INDIVIDUAL INVESTOR
2. INSTITUTIONAL INVESTOR
3. INSURANCE AND PESION FUND
4. BANKING
5. INTERNASIONAL FINANCIAL
INSTITUTION
THE TYPE OF FINANCING
1. DIRECT EQUITY FINANCING
(SHARE)

2. SEMI EQUITY FINANCING
CONVERTIBLE BOND

3. PROFIT LOSS SHARING
STAGE OF FINANCING
1. EARLY STAGE FINANCING
SEED FINANCING
START-UP FINANCING
FIRST ROUND FINANCING
2. EXPANTION STAGE
SECOND ROUND
THIRD ROUND
BRIDGE FINANCING
ACQUISITION & MANAGEMENT BUY OUT
FINANCING
TURN AROUND FINANCING

THE DIVESTMENT
1. IPO (INITIAL PUBLIC
OFFERING)
2. BUY BACK
3. SELL FIRM TO OTHERS
4. SELL FIRM TO OTHER
INVESTOR
5. LIQUIDATION