Capital on Stage in Singapore
Usually Startups pitch to investors to get money, but if you think about it – it should be the other way around. Why would a good Startup have to pitch, since they are already creating value, if not financially then at least intellectually. Yes, money makes the world go round but seriously? Page365 had to pitch almost 100 times to get funding! The other way around would be much more interesting. Finally Startups could say “Yeah your offer sounds nice. Let me get back to you” and never do. How much fun would that be! Of course that is an exaggeration, but AngelList is actually a step into this direction as well. VC’s and Startups alike can easily check each other without active pitching.
The idea is taken one step further at Capital on Stage. 20 Investors will pitch to the best Startup Founders. The investors speak about five minutes about themselves and their investment interest to roughly 200 handpicked Startup (Co-) Founder (no employees, 1 person per Startup) looking for investment. Startups have to have a scalable tech or web business and are looking for serious investment (400 000 USD+), no pre-seed here. Startups also get two 15 minutes slots with investors of their choice. Furthermore 2 Startups that rose significant funding in the past will present their cases and provide best practices to the plenum. There are however 30 seconds per Startup to pitch their idea as well. Considering that the founders have 15min to talk to their preferred investor these 30 seconds might just be what they need.
Since 2011 Capital on Stage has held events across Europe and in New York. The management team around Arjen Strikjer focuses on locations that are just emerging or quickly growing, such as South-East Asia. The concept has attracted major venture capital firms, such as Balderton Capital, Swisscom and Qualcomm Ventures, Index Ventures, NEA and many others.
However, given the exclusivity of the event the Startups have to go through an application process, where each Startup will be evaluated. Ticket prices are reasonable around 99SGD during early bird. In order to be able to pitch you will have to get a spotlight ticket which does exactly what it says.
As an investor you will have the chance to see some Startups that are not so visible. There are always the usual suspects around, but sometimes Startups fly under the radar, looking for more exclusive events and opportunities. Since the event is exclusively opened for Founders, there are no consultant, recruiters, marketers or other distractions. And there is of course the one on one time with top-notch Startups.
Currently Jeffrey Paine of Golden Gate Ventures, Seamin Ahn of Rakuten Ventures, Yinglan Tan of Sequoia Capital, Masahiko Honma of Incubate Fund, Philipp von dem Knesebeck the Managing Partner at K5 Ventures, and Koichi Saito of IMJ Fenox confirmed participation.
Capital on Stage will take place in Singapore on September 24th, more precisely at Google Singapore overlooking Marina Bay. Given that it’s just a short trip to Singapore it’s an opportunity not to be missed – at least for those at the right stage. No matter what – September is sure going to be interesting.