Sample Seed Accelerator FinancialModel

Average Investment $20,000Average Equity 6%Number of Deals 20Post-money Valuation $333,333Total Funding Required $400,000

Accelerator Share at Exit Value at Exit Accelerator Share Total ReturnLarge Exit % 5% 0.50% $100,000,000 $500,000 $500,000Good Exit % 20% 2.00% $10,000,000 $200,000 $800,000Money back % 25% 4.00% $500,000 $20,000 $100,000Losers % 50% $0 $0 $0

Invested $400,000Total Proceeds $1,400,000

Return 3.5010-year return IRR 13.35%

Appendix B: Seed Accelerator Programme Financial Model - Overall

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Fund at 10 years Fund at 7 years Quick Exit Good exit Big exit Omnisio Example Massive exitCase 1 Case 2 Case 3 Case 4 Case 5

Value at exit $550,000 $10,000,000 $100,000,000 $15,000,000 $1,000,000,000Pct held 5.00% 1.00% 0.50% 6.00% 0.10%

Multiple 3.5 3.5 1.375 5 25 45 50IRR 13.35% 19.60% 37.50% 49.53% 37.97% 4400.00% 47.88%

Initial Investment 0 -$400,000 -$400,000 -$20,000 -$20,000 -$20,000 -$20,000 -$20,0001 $27,500 $900,000234 $100,000567 $1,400,00089

10 $1,400,000 $500,000 $1,000,000year

Appendix B: Seed Accelerator Programme Financial Model - IRRs

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Massive exitCase 5

$1,000,000,0000.10%

5047.88%

-$20,000

$1,000,000

Appendix B: Seed Accelerator Programme Financial Model - IRRs

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Appendix B: Seed Accelerator Programme Financial Model - IRRs

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