1. Int$oducing Openf0nd II Your Startup Partner

2. 5 years ago, we started our own companiesand met up together at Open Coffee. 3. Our startups failed,but a community was being created. 4. Most other local startups were failingas well, for the very same reasons. 5. We tried to figure out a solution. 6. Openfund I We set up an exceptional team of 7individuals and raised 500k We offered advice on all things startupand 20-50k for 15% of equity We received 300+ proposals andselected 8 teams to work with 7. Portfolio 8. Current Status 9. 2Mraised in follow-up funding 10. 55current headcount 11. 2.2xnominal returns, current estimate 12. Learnings Operations proved suboptimal Lack of follow on capital an issue 13. Enter Openf0nd II 14. TeamIt took us two years, but here we are. 15. George Tziralis Georgios Kasselakis Openfund I Founders 16. Nikkos FrangosConstantine Pateraslifelong entrepreneurs & investors in a numberof industries with a background in shipping,Openfund I investors 17. Aristos Doxiadispioneer of private equity in Greece with 17 years of experience, Openfund I advisor 18. Lead Investor European Investment Fund Public funds Investment, not subsidy 19. 11private investors 20. 50world class mentors 21. 10M to be invested in... 22. You 23. Requirements Software enabled businesses International innovation Catering to international markets Based & incorporated in Greece 24. Two paths Pre-seed ("build a product") Seed ("build a business") 25. Pre-seed Reqs: strong founding team, a clearproduct plan, prototype (optional) Offering: indicatively, 50k for 10%,then another 50k for another 5% Targets: product-market fit, earlyrecurring revenues 26. Seed Reqs: product-market fit, solid recurringrevenues, clear growth plan Offering: 200-500k Targets: Series A ready, cash flowpositive 27. Process Application Business plan Presentation 28. Apply Seed always open Pre-seed CFP starts now, closes Jan 31 29. MissionComplement founders with whateverthey require to turn: ideas into products, products into businesses & businesses into successful companies 30. flickr credits: proimos, seandreilinger, stevendepolo, cblue98, communityfriend,eureka, edfilmfest, quinnanya, vsanderson, tejedoro_de_luz, pareerica, jannem, olibac, chiotsrun, 19779889@N00, 58847482@N03, klearchos, nasamarshall