Fund II

Investor Presentation
Updated Q1 2022

www.connyandco.com
A Short Introduction to Us & Our Network

Play

Confidential
Summary

Conny & Co. II in a Nutshell

The next generation of

startup investing.

Our Investment Philosophy Our Experience

The best deals are invitation-only.

We provide our investors with unique
50+ Years of combined startup investing
experience.
access to these deals.

We leverage our global network for

dealflow, due-diligence, fundraising
350+ Investments made by founder and
Chairman Dr. Conny Boersch.
and startup internationalisation.

We bring more than capital. We

support our startups operationally
40+ Club of globally connected,
exceptionally experienced investors
and by opening the right doors. and advisors.

We align long-term incentives and

increase returns by working with
15+ Closely connected global investment
hubs.
discounts and options.

Confidential
The VC Market.

Confidential
The VC Market

Venture Capital is The Most Promising Global Asset Class

Market data shows that Venture Capital is the
fastest growing and most promising asset class
globally. It has continued to outperform other
asset classes for the past decade in terms of both
pooled multiples as well as pooled IRRs.
$700.00B
$659.09B
Total invested Venture Capital has reached new
heights over the past few years, as an increasing
number of nontraditional investors have begun
investing in the asset class. Total VC Capital has $600.00B
nearly tripled between 2019 and today.

$500.00B
IRR Performance by Fund Type TVPI Performance by Fund Type VC Capital Invested
(Pooled from 2008 – 2020) (Pooled from 2008 – 2020) by Global Region
$400.00B
25.00% 2.50x 2.36x

19.53%
20.00% 2.00x $285.00B
17.96% $300.00B
1.72x 1.71x
16.71%
15.59% $233.53B $228.80B
15.00% 1.50x 1.39x
1.32x
$200.00B

10.00% 1.00x
8.60% $132.28B
$100.91B
$87.45B $100.00B
5.00% 0.50x $59.28B
$28.27B

0.00% 0.00x $0.00M

Fund of Private Private Real Venture Fund of Private Private Real Venture 2013 2014 2015 2016 2017 2018 2019 2020 2021
Funds - Debt Equity Assets Capital Funds - Debt Equity Assets Capital
Ge neral Ge neral North America Europe Central & South America Asia & Oceania Middle East & Africa

Source: PitchBook Data Confidential

The VC Market

The Rise of VC
% of Capital Raised by Category % of New Fund Count by Category
We are only at the
100% 100%
beginning of the venture
capital revolution. 90% 90%

80% 80%

70% 70%
Over the next 20 years, tech and startup investing,
in particular venture capital investing, will far 39.84%
outgrow traditional asset classes such as real 60% 60%
estate and infrastructure investments.
53.61%
16.20% 18.07%
In terms of new funds raised, venture capital has 50% 7.53% 19.60% 50% 53.71%
9.56% 15.45% 14.88% 15.84% 44.52% 45.19%
already become the globally dominant asset 31.58% 33.79% 38.56% 42.01% 42.82% 46.03%
class. It will soon surpass all traditional 40% 12.35% 40%
investment classes in terms of capital raised and
capital invested as well.
30% 30%

20% 20%

10% 10%

0% 0%
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022

Private Equity Venture Capital Private Debt Private Equity Venture Capital Private Debt
Real Assets Fund of Funds - General Secondaries - General Real Assets Fund of Funds - General Secondaries - General
Co-Investment - General Other Co-Investment - General Other

Source: PitchBook Data Confidential

The VC Market

Focus on LatAm: High Growth Potential

$16.00B 1200
VC Capital Invested & Deal Count LatAm
The Venture Capital Market is experiencing a $14.49B
global geographical shift. While The U.S. is still VC Capital Invested $14.00B
the largest, most dominant market in terms of CAGR 2011 – 2021
valuations and capital invested, other markets are 1002 1000
beginning to catch up.
$12.00B
Latin America is the fastest-growing venture
capital market globally in terms of capital 844
invested and number of deals made. We believe it 54% Latin America
800
is and will continue to be the most exciting 758
$10.00B
market for VC investors seeking high returns. 724

629
$8.00B 600
41% Rest of World $7.35B
Conny & Co. II intends to
invest 40% of its $6.00B
476
483

investment volume in 404 400

Latin America. 40% United States 360

$4.07B
$4.00B

209 200

$2.00B $1.50B
108
$832.98M
$630.94M $660.23M $715.43M $626.08M
$368.60M
$193.43M
$0.00M 0
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021

Deal Value Deal Count

Source: PitchBook Data Confidential

The VC Market

Focus on Europe: A Maturing VC Market

100 € 300
European Unicorns and aggregate post-
Venture Capital Deal Value by Size 92
European Venture Capital has matured money valuations (€B)
significantly over the past 5 years and has 90
reached over USD 100bn in total deal value in
2021. While still lagging the U.S., valuations have 100% € 250
risen across all investment stages and the 80
number of unicorns is skyrocketing.
90%
70
The pandemic has rattled awake European
€ 200
governments to the fact that they were missing 80% 62
the boat of the digitalisation. We expect funding
60
for tech companies from both traditional as well
as non-traditional investors to grow strongly 70%
post-pandemic. 50
50 € 150
60%
The rising number of unicorns will also have a
knock-on network effect for European venture
40
capital markets, as successful founders invest 50%
back into the ecosystem as angel investors and 33
€ 100
support young founders. 30
40%
22
20 18
30% 16
€ 50
Conny & Co. II intends to
20% 8
invest 30% of its 10
3
5 4

investment volume in 10%

0 €0

Europe. 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021

0%
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021*
Aggregate Valuation (€B) New Unicorn Count
Under €500K €500K-€1M €1M-€5M €5M-€10M €10M-€25M €25M+
Aggregate Valuation Counts
Source: PitchBook | Geography: Europe *As of September 30, 2021 Confidential
The VC Market

Focus on Europe: Growing Exit Opportunities

Venture Capital Deal Activity with US
Venture capital exit activity
Investor Participation
European venture investors long felt like 936
1'425 1'434
“collectors” of companies rather than investors,
but as the European venture capital markets
mature, an increasing number of exit channels 1'263
are becoming available.
668 708
Alongside stronger local interest and conducive
683 1'082
market conditions, increased deal participation
655
by U.S. investors has also helped European
startups attain higher valuations and 610
584 579
internationalise quicker. 905

796
748
Stable European VC 427 663
investments can provide a 383
567
good hedge against 310
340
477

higher-risk investments in
359
fast-growing markets.

€ 3.1

€ 3.1
€ 2.7

€ 12.1

€ 19.2

€ 24.0

€ 50.8
€ 4.8

€ 8.8

€ 7.6

€ 9.7
€5.2

€4.9

€4.0

€115.6
€10.3

€22.1

€20.7

€14.9

€19.7

€42.0

€16.8

€23.5
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021*

Exit value (€B) Exit count Estimated exit count Deal value (€B) Deal count

Source: PitchBook | Geography: Europe *As of September 30, 2021 Confidential

The VC Market
The Truth About VC Investing
Deal Access is by far the
biggest hurdle.
Early Stage
Great serial entrepreneurs usually have a close
supporter base of loyal investors, who will invest
solely on the basis of the founder’s track record.
The best Seed and Series A rounds are usually
subscribed entirely by these close supporters.
The only way to access these deals is by
maintaining close relationships with serial
entrepreneurs.
Growth Stage
Successful startups can afford to be extremely
selective in later investment rounds. Capital is
cheap, true value-add is hard to find.
The best startups raising a Series B and later
therefore carefully pick out prestigious VC funds,
super angels and those who can prove that they
can bring more than money to the table.
Traditional Investors
Banks and other traditional investors rarely ever
see good venture capital deals.
Only startups that failed to raise capital from
preferred investors will approach traditional
investors.
Traditional investors need to rely on expert
industry partners to provide access to the best
deals.
Competition
The venture capital market is large and growing,
but exceptional deals are still very rare. To make
a unicorn or decacorn, you need a great team, a
great business model, great investors and a little
bit of luck.
When all this comes together, competition to
invest is naturally high. Without experience and a
close network, new VC investors have very little
chance of getting access.
Confidential
The VC Market
Our Learnings
Traditional Venture Capital does
not work
Pure venture capital is too much money
for too much risk, which takes too long
and leads to a poor risk-return ratio.
Entry valuations are key
They determine the performance of an
investment from the start.
Look for proven business models
Invest in high-growth markets into
business models that were proven in
saturated markets.
Great deals benefit both parties
By-invitation-only deals perform much
better. But to get invited to great deals,
you need to bring more to the table than
money.
Dealflow is not dealflow
A massive, global and qualified dealflow is
essential for superior returns. High-
potential deals have to be hand-picked.
Timing is key
There are always new hyper-growth
markets. You need to be ready when the
trend is emerging.
Uncertainty is everywhere
Learning to deal with uncertainty is the
key to venture investing.
Choosing companies is a complex
process
Teams of co-investors make better
decisions than individuals and can help to
avoid the “lemming-effect”.
You need people on the ground
A local team can hand-craft better deals
and find otherwise inaccessible
opportunities.
Discounts & options make the
difference
They align incentives and provide superior
returns.
Invest early, then back the
winners
Track the progress of your early
investments, then double down on those
showing growth.
Resist short-term thinking
Most investors sell too early; statistically,
pre-IPO sellers leave money on the table.
Confidential
Our Team.

Confidential
Our Team

Dr. Cornelius Boersch

The most active European Website

Angel Investor.
Entrepreneur. Education.
Founded smart card broker and RFID-producer European Business School, PhD on Venture
ACG and IPO’d it in 2000 at a EUR >1bn Capital (University of Duisburg), Honorary
valuation. Professor for VC.

Political Advisor. Awards.

Former main advisor to Dr. Guido Westerwelle Entrepreneur of the Year 2000 and European
(former Foreign Secretary & Vice-Chancellor of Business Angel of the Year 2009.
Germany).

Investor. Keynote Speaker.

Invested in more than 350 startups; EIF-certified Invited to speak at tech events around the world
Super Angel. (The EIF matches his investments (e.g. Harvard, Stanford, Tsinghua, EBS).
1:1.)

100+ 2 IPOs >5bn

14
Trade last EUR
IPOs
Sales year raised

Confidential
Our Team
Management Team
Dr. Thomas
Middelhoff
Dr. Thomas Middelhoff, was responsible for the Group's Internet strategy as Chief
Strategy Officer of Bertelsmann AG from 1994 and later became Chairman and
CEO of Bertelsmann AG. At the time of his departure, Bertelsmann was one of the
world's leading media companies in the digital world, with Internet activities such
as AOL, Lycos, the "Bertelsmann e-Commerce Group" and Napster. He was a
member of the Board of AOL Inc., Vivendi, the New York Times. In 2003, he joined
London-based private equity firm Investcorp and returned to Germany in 2005,
where he was first appointed Chairman of the Supervisory Board of KarstadtQuelle
AG in an emergency situation for the company and then took over as its CEO in
May 2005 to save the company, which was later renamed Arcandor AG. From
2007, Dr. Thomas Middelhoff was also Chairman of the Thomas Cook Group,
which under his leadership developed into the world's second-largest tourism
company and in which Arcandor held a majority stake.
Alexander
Hornung
Alexander Hornung joined Mountain Partners in 2018. As Managing Director
Growth Equity, he runs all late stage activities of the group. In 2021, he successfully
took public Mountain & Co. I Acquisition Corp. with USD 230m on NASDAQ and
closed investments in growth/pre-IPO financing rounds of Wefox, TIER Mobility,
and Lingoda. Prior to this, Alex co-founded and managed early stage fund Conny &
Co. I. In Conny & Co. II, Alex will focus on investments into companies of
international scope with a public market trajectory. Before joining Mountain
Partners, Alex worked in Capital Markets at Skadden Arps, Silk Road Finance
Corporation and Chinastone Capital. Alex holds a Bachelor of Laws and a Master of
Arts in Business for Legal Professionals from European Business School (Oestrich-
Winkel, Germany) as well as a Master in Management and Economics (China
Studies) from the Yenching Academy of Peking University (Beijing, China).
Christine
Schmitz-Riol
Christine Schmitz-Riol is responsible for compliance, administrative management,
internal organization and real estate management of Conny & Co. as well as
Mountain Partners AG. Before Christine joined Mountain Partners, she was
employed with ACG AG as the assistant to the board and TellSell Consulting, as the
assistant to the executive management in Frankfurt.
Dr. Felix
Exner
Dr. Felix Exner joined Conny&Co in 2021 and focuses on analyzing and selecting
….
investment opportunities, as well as supporting and managing our portfolio
companies. Felix studied law and business in Wiesbaden, Germany, and Madrid,
Spain. After graduating with distinction from EBS University, Germany, Felix
obtained a Ph.D. from the University of Münster, Germany, where he researched the
implications of blockchain-based smart contracts for consumers. Felix worked at
international corporate law firms Linklaters and Skadden in private equity and tax
law, before joining blockchain startup iov42 in November 2019.
Felix holds a Bachelor of Laws, a J.D. (First State Examination in Law), and a
Master of Arts in Business from EBS University (Wiesbaden, Germany) as well as a
Ph.D. in law from University of Münster, Germany.
Philip
Behrends
Philip Behrends co-founded and manages both Conny & Co. I and Conny & Co. II.
As Managing Director Venture Capital he is responsible for early- to growth-stage
VC investments at Mountain Partners. He played a key role in the firms’
investments in the growth financing rounds of TIER Mobility, Wefox and Lingoda.
As an Investment Manager, he previously led early-stage investments in Europe
and Latin America. Prior to this, Philip managed and oversaw all investment,
fundraising and internationalisation projects initiated by Dr. Cornelius Boersch as
well as structuring investments and international joint ventures as the firm’s Legal
Counsel. Philip first joined Mountain Partners in 2013 as a Business Development
Analyst with a focus on South-East Asia. Philip holds a Bachelor of Laws from the
University of Kent in Canterbury, UK.
Jorge
Perez
Jorge Perez spent over 13 years working for three Fortune 500 companies,
building cross-functional teams. In his role as Commercial Excellence & Execution
Director Europe for Novartis, Jorge worked closely with Biotech companies, which
sparked his interest in startups. Jorge joined Conny & Co. in June 2019 and
focuses on selecting and negotiating investments, mainly in LATAM and Southern
Europe, as well as following up with investors and founders. Jorge graduated an
executive programme in Venture Finance with University of Oxford, holds an
Executive MBA from the University of Barcelona and has attended a number of
programs in the areas of finance, coaching and marketing.
Confidential
Our Investment Philosophy.

Confidential
Our Investment Philosophy

The Methodology

Traditional investment strategies

no longer work.

Investment Process Network Leverage Backing the Winners Geographic Distribution

Our investment process is thorough but quick. We
conduct due diligence together with expert
industry partners and focus on core KPIs. Our
investment committee is supported in all
decisions by the team, our close advisors and
investors.
We leverage our network of advisors, investors,
co-investors and other contacts for the purposes
of fundraising, internationalisation, partnerships,
and to open the right doors for our portfolio
companies.
The best due-diligence is personal experience. We
closely monitor the KPIs of our portfolio
companies and double-down on the best
performing companies. We reserve the majority
of our investment capital for these follow-on
tickets.
We like to keep a global overview to anticipate the
next high-growth market. We intend to focus on
fast-growing investments in Latin America and
South-East-Asia, while balancing our portfolio
with lower-risk growth companies in Europe.

Deal Terms Deal Selection 20%

30%
We bring more to the table than most investors. We are highly selective in the deals we pursue. We 40% Entry Europe
Our hands-on approach and the direct support by rely on a rigorous dealflow funnel and usually Investments U.S.
our wider network is highly valued by startups, require a recommendation by a close contact. LatAm
60% Follow-On SEA
which means we usually receive favourable
investment conditions, including significant Investments 10%
40%
discounts and options.

Confidential
Our Investment Philosophy

Who We Look For

The Startup Financing Cycle
We look for startups that… We look for founders that… Public
Seed Stage Early Stage VC Growth Stage VC
Markets

Are raising a Series A or later. Are exceptionally ambitious and

(Pre-series A in exceptional working towards a clear vision.
circumstances).

Pre-IPO
Our Sweet Spot
Have proven their business Are eager to learn and
model and demonstrated first coachable. Series C
revenues.

Revenue
Have clear ambitions to Can put together and rely on an
internationalise within 1-2 years advisory board of relevant Series B
from investment. experts.

Can demonstrate that the Are able to overcome adversity.

technology and business model We love serial entrepreneurs.
are highly scalable. Series A

Can demonstrate profitable unit Implement meritocratic team

economics. compensation and know how to Time
attract the best talent.

Confidential
Our Investment Philosophy

We Invest in The Fastest-Growing Verticals

Vertical Growth Rate 2013-2021
% of Total Global VC Capital Invested in 2021 Selected Companies from Our CCAG I Portfolio
(CAGR)

Mobility 0.28% 121%

LatAm - 2019 Europe - 2021

SpaceTech 0.49% 63%

Europe - 2021

InsurTech 0.72% 75%

Europe - 2021 Europe - 2020 Europe - 2019

PropTech 1.20% 73%

Europe - 2019 Europe - 2019 Europe - 2019

Cyber-
1.52% 56%
security
U.S. - 2019 Europe - 2021 Europe - 2021

E-Commerce 4.37% 52%

LatAm - 2020 LatAm - 2019 LatAm - 2021

FinTech 6.82% 64%

LatAm - 2019 Europe - 2019 LatAm - 2021

SaaS 8.49% 48%

LatAm - 2020

Source: PitchBook Data Confidential

Our Investment Philosophy

Our Values

We are not a traditional Venture Capital investor.

Our roots lie in angel investing and the personal
mentorship of startup companies.

We want to make a direct positive impact on the

company, while also providing our investors with
unique investment opportunities that we are
Trust
personally excited about. We only work with startups or
investors whom we
personally trust.
Transparency
Our investment process is not
a black box – we involve
investors & provide updates.
Support
We provide three support
layers to startups: our team,
our shareholders and our
global network.

Commitment Fun Patience Sharing

We strive to always make a We enjoy the process and Growing a business takes Our investors all have co-
direct contribution to the hope our startups and time. We know. investment rights for our
growth of our companies. investors do as well! transactions.

Confidential
Our Investment Philosophy

What Founders Say About Us

Julian Teicke Joerg Gerbig Fabian Wunderlich

Our relationship
with our startups: Founder & CEO of wefox Founder and CEO of Lieferando, since acquisition
COO of Just Eat Takeaway.com
Founder & Managing Director of Lingoda

”The amount of network Conny has given me ”A big thanks to Conny Boersch who helped us
access to; the ideas that he has presented to me “We had a good idea and a great team but no bring the [Series B] over the finishing line on the
on how to support the business - the team money. That’s where Conny came in.” last meters.”
understands founders.”

Play Carlos García Carlos Salinas

Lawrence
Leuschner

Founder & CEO of TIER Mobility Co-Founder & CEO of Kavak Co-Founder & CEO of ZeBrands / Luuna

“Conny was one of the first investors in my first “Conny and the Mountain Nazca team have ”Conny and the Nazca team have an ability to
company, ReBuy, in 2009. He has supported us become my friends, advisors, and are continuing guide decision-making without being
all the way and now also is an investor in TIER.” to push my thinking and execution to take the authoritarian. The result of this is constant
business to the next levels.” motivation and therefore a high performance.”

Confidential
Our Investment Philosophy

How We Add Value

Case Studies
Introduction to potential cooperation
partners and customers.

Advisory support and direct coaching of Conny personally coached the management team Through Mountain Partners, Conny executed and
management team. during the first years of their business and led the participated in every subsequent financing round,
incubation and seed financing rounds, long before until finally preparing and executing the tradesale
food-delivery became popular in Europe. to Takeaway.com in 2014.

Strategic guidance for international

expansion.

With Mountain Partners, Conny participated in the Conny personally coached the management team
Fundraising support and introduction of seed financing round as well as all subsequent and gave strategic guidance to the supervisory
potential investors. financing rounds, leading an investor consortium board for the company’s international expansion.
for later rounds.

Support in the preparation of M&A or IPO We introduced and initiated conversations with We helped in the preparation of the Exasol IPO
key strategic corporate partners. (choice of banks, structuring) in 2020.
transactions.

Setup and leadership of investor

consortiums.

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Our Investment Philosophy

Fund Terms
Fund Name Conny & Co. II SCSp

Fund Size EUR 100 Million

Hard Cap EUR 150 Million

Stage Series A-B entry investments with strong follow-on reserves.

Target Mix 40% to Entry Investments | 60% to Follow-on Reserves

Geography Global with focus on emerging economies, e.g. Hispanic Latin America, Southeast Asia.

Target Portfolio Size 20

Entry Check Size EUR 1 to 5 Million

Minimum LP Commitment EUR 1 Million

GP Commitment 5% of Fund Size

Closing Q1 2022

Target Return > 30% Net IRR

Fund Term 8 years (+ two 1 year optional extensions)

Management Fee 2%

Carried Interest 20%

Confidential
Our Dealflow & Network.

Confidential
Our Dealflow & Network
How We Access The Best Deals
Today, the best founders can choose whom they
want to work with. Many of the best deals are by-
invitation-only. Just having money is no longer
enough these days.
The trick is to see and get access to all the really
good investments. We leverage the personal
expertise of our founding investors to provide
unique access to the best startups that not
everyone can invest in.
Sharing dealflow among co-investors.
At its core, Conny & Co is a club of some of the
most experienced investors in the world. We
share ideas, dealflow and insights. This results is
a unprecedented global, high-quality dealflow.
Brand & founder-friendly reputation.
Over more than 30 years of investing in tech
companies, we have built a strong global brand
and founder-friendly reputation. Our affiliate,
Mountain Nazca, for example, is the #1 early-
stage venture capital firm in Mexico & LATAM.
An incomparable global network.
Our global network includes dependable
relationships built on years of mutual trust and
deal-making to more than 50k decision- makers,
entrepreneurs and investors.
Hands-on coaching & support.
Conny is widely known to add enormous value to
its portfolio companies. Over the years, Conny
has personally coached countless entrepreneurs
and founders (e.g. Lieferando, wefox, N26, TIER
and more).
Confidential
 Our Dealflow & Network

Our Dealflow

“Everybody claims to Co-Investors1 Corporate Academic

have good deal flow.” Network2 Network3

25 years of investing in tech We truly know what a good

companies results in a deal looks like.
large, global dealflow.

Deal-sharing with a global Founder-friendly reputation

network of trusted parties of being able to help.

Strong global brand built >80 shareholders of

over more than two Mountain Partners and large
decades. network of co-investors

1
Investors related to Mountain Partners, its affiliates, proposed management and board members.
2
Companies with which Mountain Partners, its affiliates, the proposed management and board members are working and have worked with in the past.
3 Represents universities where the proposed management and board members have professional or academic relationships.
Confidential
Our Dealflow & Network

Our Network

Access &
network are the
most important
factors in VC
investing today.
Conny & Co. is part of the Mountain Partners
“House of Funds”, a global network of venture
capital funds, run by world-class local investment Americas Europe Asia
managers.
Mexico City – Nazca Ventures Zurich - Mountain Partners AG Bangkok – Mountain Thailand
This gives us unique visibility and access to the Bogota – EWA Capital Munich – Mountain Alliance AG Hong Kong – Mountain Hong Kong
local venture capital scene. Santiago de Chile – Mountain Chile Berlin – Rheingau Founders AG Jakarta – Ideabox
St.Gallen – Angelgate AG Kuala Lumpur – Mountain Malaysia
Manila – Mountain Philippines
Singapore – Mountain Partners SEA
Tokyo – Mountain Japan

Confidential
Our Dealflow & Network
Selected Investors & Advisors (1/2)
Walid Abboud
United Kingdom
Serial entrepreneur and investor. Founded and exited 4
companies including A&D Pharma, leading Romanian
pharma wholesaler.
“The ability to co-invest with Conny & Co. was a huge
success for me, both from a dealflow as well as a
financial return perspective.
Eran Davidson
Germany / Israel
Founder of Davidson Technology Growth Debt, 20
years of venture capital experience, raised and
managed 6 funds.
“Conny can get to any good deal. Whenever I come
across a great company, I call Conny.”
Wolfgang Baier
Singapore
Group CEO of Luxasia Pte. Previously Group CEO of
Singapore Post and successfully led the group’s
transformation into non-mail business. Before that,
worked as a Partner at McKinsey in Europe and Asia.
The most interesting part of Conny & Co. is that it
brings together people with different sector expertise.
Steffen Görig
Germany
Founder and CEO of investment company Quantum
Capital. Previously worked as Managing Director of a
listed PE firm with a focus on distressed assets.
Further acquired several businesses where he was
responsible for re-development and turnaround.
Conny & Co. regularly comes up with brand new ideas
we have never seen before.
Richard Broyd
United Kingdom
Director at the UK’s leading venture builder Blenheim
Chalcot. Additionally, Senior Advisor at Larry Ellison
Foundation and Trustee at Reach-to-Teach. Previously
held positions at The Start Network, Waypoint Capital,
Affidea and more.
“To have trusted co-investors such as Conny & Co. is
one of the most valuable assets in our industry.”
Piers Hedley
United Kingdom
Run his own consultancy practice focused on providing
strategic advice to ultra-high net worth families and
entrepreneurs. Working as an investment banker for
Williams & Glyn's, Piers established a private bank in
London and sold it to Paine Webber.
“I particularly value the international approach of
Conny & Co. AG and the quality of the co-investors.”
Robert Bukvic
Germany
Founder and CEO of rent24, one of the world’s most
innovative co-working companies. Serial entrepreneur
and ex-professional basketball player.
“Capital is a commodity. What Conny and his team
offer is a lot more than that: great advice and
connections to some of the most impressive people.”
Henry Lee
Hong Kong
Managing Partner of Hendale capital, an international
growth stage investor. He previously founded Hendale
Asia, one of the first Asia-based multi-strategy
alternative funds and has vast experience real estate
investment and hedge fund experience.
“Conny & Co. is a club of like-minded, successful
private investors and I’m very proud to be a part of it.”
Confidential
Our Dealflow & Network
Selected Investors & Advisors (2/2)
Marcus W. Mosen
Germany
20+ years top management experience in Payments
and Fintech. Ex-CEO of Concardis GmbH. Current
board roles: N26 GmbH, Geidea.net, donut.app, Aks-
Anker.de, Taledo.com, Leondrino.com,
Clim8invest.com
Conny gave me the initial push to become a startup
investor, so it was a no-brainer to join Conny & Co.
Harald Schnabel
Switzerland
Previously CEO of the BX Swiss stock exchange, before
founding his own consulting company. Additionally
advisory board member for various companies.
“Conny’s events and his ability to bring like-minded
people together is incomparable.”
Michimasa Naka
Japan
20 years investment banking and global markets
experience, most recently as Executive Committee and
Board Member at Citigroup Global Markets Japan. He
is one of the most active Japanese angel investors and
CEO of Boardwalk Capital Vector Inc.
“There is a fantastic opportunity for Conny & Co in
Japan.”
Julian Teicke
Germany
Serial entrepreneur & startup investor, founder of
Europe’s most successful insurtech wefox.
”Engaging with the Conny & Co. Team is
straightforward and entrepreneurial. They understand
founders."
Nels Nelsen
United States
Spent over 25 years in Silicon Valley, advising and
working with tech companies. Prior to Menalto, he was
MD at Pagemill Partners, an M&A advisory firm. Further
worked as an investment banker at Alliant Partners,
and as a lawyer at DLA Piper.
”Conny and his team have one of the most exciting
global deal flows I have seen.”
Georg Graf von
Walderdorff
Germany
Serial tech-investor and member of angel investment
clubs with a core focus on the German-speaking
market.
“As a founding investor of Conny & Co. and a member
of the investment committee, I am continuously
impressed by the quality of the dealflow.”
Philipp Rösler
Switzerland
Former politician who served as Federal Minister of
Economics and Technology and Vice Chancellor of
Germany. He was also a member of the managing
board of the World Economic Forum (WEF).
“I’ve known Conny for 15 years and his amazing
network helped not just the liberal party, but also many
startups I know.”
Thomas Hessler
Germany
Entrepreneur, advisor & investor for 20 years. Co-
founder and advisor of blockchain company UFOstart
“I have known Conny for decades – since my time at
Zanox – and he was always there when I needed help.”
Confidential
Our Dealflow & Network
Our Partners
Mountain Partners AG
Since its foundation in 2005, Mountain Partners
has grown from the family office of Dr. Cornelius
Boersch into a successful and globally renowned
company builder and Venture Capital investor
with more than 10 hubs around the world.
Mountain Partners provides due diligence and
investment analysis services for selected deals to
Conny & Co. Conny & Co. also has access to the
vast Mountain Partners network.
www.mountain.partners
Unternehmertag
Now in its 14th edition, the Entrepreneurs Day is
Conny Boersch’s yearly flagship network event.
The 600 participants are hand-selected and
speakers include the who-is-who of politics,
business and entertainment.
Conny & Co. shareholders receive an automatic
invitation to the Unternehmertag. The event also
serves to promote the Conny & Co. brand as well
as expanding deal flow.
www.unternehmertag.org
d-tail Family Office AG
The d-tail Family Office AG is a an independent
advisory company, which provides services to
selected entrepreneurial families and is based in
Wollerau, Switzerland.
d-tail provides Conny & Co. AG with advisory,
accounting and reporting services including the
preparation of quarterly reports.
www.d-tail.ch
Angelgate AG
ANGELGATE is a Club of Business Angels. It
selects, structures and negotiates investments
for its members. The club organizes three yearly
events, where its members can meet like-minded,
successful entrepreneurs.
Conny & Co. has access to the yearly Angelgate
events both to expand deal flow and to promote
its own investment opportunities.
www.angelgate.ch/
Confidential
Our Dealflow & Network
Conny & Co. Events
Entrepreneurs Day Tegernsee
The Entrepreneurs Day is one of the most
exclusive and highly-regarded events of the
European Venture Capital and Private Equity
scene. Participants are hand-selected and
speakers include the who-is-who of politics,
business and entertainment.
Aftermovie 2021
Conny’s Ski Event
Conny’s personal ski event is undoubtedly the
highlight of the year. Great skiing in a one-of-a-
kind setting, incredible food and wine, all with a
group of great friends – old and new!
Angelgate Partner Events
Angelgate organizes three closed shop events
every year, where its members can meet like-
minded people, successful entrepreneurs and
personalities from politics and economy in a
confidential and relaxed setting.
Confidential
Risks & Disclaimer
Together with our auditors, lawyers and family offices we worked tirelessly to compile a comprehensive list of all
relevant investments of Dr. Cornelius Boersch in the past 25 years. The underlying data is based upon contracts,
financing rounds and valuations of banks. We can confidently say that the data contained hereinafter is reliable to the
best of our knowledge and we are happy to provide you with a detailed list of all data (in the form of a DD Package).
This document has been created with the purpose of establishing a basis for discussion and should not be viewed as a
basis on which to make investment decisions. The initiator of this fund and creator of this presentation, Dr. Boersch,
was asked to show his track record over the past 20 years. Knowing that it is difficult to compare the performance of
different investment vehicles and calculation methods, the data presented herein should only be seen as an estimation
and its accuracy cannot be guaranteed. Furthermore, the data presented is only an excerpt of all investments made and
any losses, which are typical in the start-up industry, were not included. In instances where data was missing or
incomplete, an estimation was made to the best knowledge of the creator of this presentation based on various
sources, whose accuracy cannot be guaranteed. The investments shown in both the private as well as the corporate
track records presented herein were never made in reliance only on the judgment of Dr. Boersch, but with the full
support of an investment team.
This document is issued and provided on a confidential basis. This document is exclusively intended for Swiss qualified
investors within the meaning of article 10 paragraph 3, 3bis, 3ter and 4 of the Swiss Collective Investment Schemes Act
(“CISA”). The recipient of this document is not allowed to circulate to other people which are not eligible investors
described above. This document is intended only to provide a general overview of Conny & Co. (together with its
affiliates and its investment advisor “Conny & Co. Advisory AG”). Therefore, it cannot be excluded that the information
about Conny & Co. and its terms and investment strategy look differently than as described in this presentation and no
liability can be based hereon. Furthermore, any interests referenced herein have not been and will not be approved or
disapproved by the U.S. Securities and Exchange Commission or by the securities’ regulatory authority of any U.S. state
or any other relevant jurisdiction, and no other authority or commission has passed upon the accuracy or adequacy of
this presentation.
The information and data presented in this document are not to be considered as an offer or solicitation to buy, sell or
subscribe to any securities, shares, interests, financial instruments or product. The information is not intended for
distribution, publication, or use in any jurisdiction where such distribution, publication, or use would be unlawful, nor is it
directed to any person or entity to which it would be unlawful to direct such content. The information herein is not
intended to provide, and should not be relied upon for accounting, legal or tax advice or investment recommendations.
The recipient of this document should make an independent investigation of the information described herein, including
consulting tax, legal, accounting or other advisors about the matters discussed herein.
The information contained herein is provided for informational purposes only, is not complete, and does not contain
certain material information about Conny & Co., its affiliates and investment products. Information, opinions and
estimates expressed in this document reflect a judgment at its original date of publication and are subject to change
without notice. Conny & Co. has not taken any steps to ensure that the information referred to in this document are
suitable for any qualified investor and this document is not to be relied upon in substitution for the exercise of
independent judgment. Tax treatment depends on the individual circumstances of each investor and may be subject to
change in the future. The value and income of any of the financial instruments or products mentioned in this document
can fall as well as rise and, as a consequence, investors may receive back less than originally invested. Risk factors are
listed in the fact sheet and dedicated supplements and are not intended to be reproduced in full in this document.
Past performance is no guarantee nor a reliable indicator of future results. This material is not intended to be substitute
to the full legal documentation of any investment products mentioned in the presentation and to any information which
investors must obtain from their financial intermediaries acting in relation to their investment in the products mentioned
in this document. Certain information contained in this document constitutes "forward-looking statements," which can
be identified by the use of forward-looking terminology such as "may", "will", "should", "expect", "anticipate", "target",
"project", "estimate", "intend", "continue" or "believe" or the negatives thereof or other variations thereon or comparable
terminology. Due to various risks and uncertainties, actual events or results or the actual performance of any
investment may differ materially from those reflected or contemplated in such forward-looking statements. This
document may not be reproduced (in whole or in part), transmitted, modified, or used for any public or commercial
purpose without the prior written permission of Conny & Co.
Confidential
Get in touch!
Dr. Cornelius Boersch
conny@connyandco.com

Philip Behrends Alexander Hornung

philip@connyandco.com alex@connyandco.com

Dr. Felix Exner Jorge Perez

felix@connyandco.com Jorge@connyandco.com

www.connyandco.com www.mountain.partners www.conny-boersch.com

Confidential