The Changing Relationship between Investors and Investments презентация

trends to watch

industry

Brokerage, Commission-Trading, & Asymmetry of Information

in wealth relationship

Source: Capgemini, RBC Wealth Management and Scorpio Partnership Global HNW Insights Survey 2014.

Trust Barometer study…


Finance is the least trusted of all industries

the audience with ”crowd building,” an evolving are of the law

Pre Jobs Act 2012
No general solicitation or general advertising of unregistered securities allowed
Exemption—certain private offerings only to accredited investors
Self-accreditation was sufficient

Jobs Act 2012—Title 2
Congress’ attempt to stimulate jobs in the US economy by broadening investment in private companies
Mandate for the SEC to issue operative regulations
First set of rules including 506(c) Exemption Sept 2013
Jobs Act 2012—Title 3: Crowdfunding
Creates new registration exemption to take advantage of Internet’s capacity for mass communication & social interaction
The new exemption will not become effective until the new SEC rules have been adopted
Jobs Act 2015 Title 4
March 25, 2015: SEC adopted final rules to implement the expansion of Regulation A (Reg A+), which includes non-accredited investor provisions

506(c) provides

General solicitation and general advertising allowed
All US residents now able to see & attend meetings with actively funding companies (whether accredited or not)
Web site to contain limited information on funding companies for US users only
Only accredited investors can actually purchase
Definition of accredited investor remains the same

Self Accreditation no longer enough—need to implement verification procedure
New Rule requires each US investor to provide certification letter
Issued by registered broker-dealer, RIA, licensed attorney or CPA
Needs to be renewed periodically
Confirm it is still accurate at the time of each investment

Relates to US residents only

Bad
Actor

Bad actor Provision
Issuers can only use Rule 506 offerings if no “bad actors” associated with them
SEC issued clear guidelines: get bad guys off the street → more investor protections

their Wealth Managers

Source: Capgemini, RBC Wealth Mangement and Scorpio Partnership Global HNW Insights Survey 2014.

The Most Important Interactions on Social Media:
Trending investment news shared by advisor
Educational articles and research advisor has shared
Instant access to research, whitepapers and pertinent videos

investing via crowdfunding

Trillion Dollar Market By the People, For the People How Marketplace Lending Will Remake Banking As We Know It BY CHARLES MOLDOW GENERAL PARTNER, FOUNDATION CAPITA

is exploding

Source: H. Terry, D. Schwartz, T. Sun “The Future of Finance Part 3: The Socialization of Finance,” Goldman Sachs. March 13, 2015.i

Crowdfunding has exploded to $10bn in 2014, nearly doubling every year

Aggregate Amount of Funding
Through Crowdfunding ($bn)

The World Bank October estimates global crowdfunding to grow to $95B by 2025

ETFs have a 10 year CAGR of 27.1%

Club
surpassed
$4 billion in total
peer to peer
loan underwritings
(4x 2012’s numbers)

contrast to lengthy bull market has been a significant driver of fund outflows

Investors continue to miss out on returns by waiting for highly visible private companies to go public

To meet and exceed investors’ expectations, RIAs need to offer investment opportunities that reflect the “New Alpha”

How Many Mutual Funds Routinely Rout the Market? Zero

http://www.nytimes.com/2015/03/15/your-money/how-many-mutual-funds-routinely-rout-the-market-zero.html

Lipper Tass, Preqin.
Note: Dispersion of fund performance, average calendar year 2002-2011. Past performance is not indicative of future results. Should the study have been conducted
over a different time period, the results may have been different. There can be no assurance that an allocation to illiquid investments would yield higher real returns.

Manager Dispersion Increases as Illiquidity Grows

to identify emerging innovations
Access to attractive deals
Ability to create value through active involvement in portfolio company

Breaking Down Venture Capital Risk and Return

the future of investment

represents $1.2T immediately addressable opportunity with $57bn opportunity in the VC/Angel space

Crowdfunding: An increasingly large opportunity for investors

Source: H. Terry, D. Schwartz, T. Sun “The Future of Finance Part 3: The Socialization of Finance,” Goldman Sachs. March 13, 2015.i

in democratic investment platforms

investment management and investor constituency

Equity Crowd Funding: OurCrowd, AngelList, CircleUp lead the pack

last year – ranking the world’s 20 top startup ecosystems,
Israel is #2

last decade,
these companies
all bought
at least one Israeli
start-up.

combines four models of Crowdsourcing

Equity Crowd Funding at the core of OurCrowd’s model

Creating content & communities of investors, experts & alumni

Utilize voting/polling of experts as part of due diligence

Harnessing the wisdom of crowds and expert groups

Funding


Voting

Wisdom


Creating

through a process they can trust,
which produces performance at a fair cost,
all wrapped in a world class networking/client experience

Entrepreneurs want efficient and fair access to capital,
a process they can trust, enabled through a system
that raises their profile and leverages their marketing efforts,
while supporting their growth and development

Democratizing Wealth Creation and Access to Capital

most prolific start-up communities
Management Team brings broad experience and global perspective


Strong Network to Generate Deal Flow
Access to a global network of investors, entrepreneurs and advisors brings access to diversity of opportunities
Synergistic co-investing with an extensive network of Top-tier funds (VCs) & institutional investors

Partnership Model
Business Model partners OurCrowd with investors & entrepreneurs
Multi channel investor platform


Crowd Engagement
Opportunity to build customized communities of investor groups
Innovative use of the crowd and power of expert groups (refinement under development)

Key Differentiators

crowd capital & insights

OurCrowd: Partnering With Leading Institutions