6.41

AVERAGE NUMBER OF DAYS FROM FIRST MEET

TO TERM SHEET

0

FEES CHARGED BACKTO COMPANIES

(INC LEGAL COSTS ETC)

0

NUMBER OF FOUNDERCEOS REPLACED

INFOGRAPHDESIGN}INFOGRAPH DATA FROM APRIL 2011 THROUGH JUNE 2013

© 2011 - 2013 PASSION CAPITAL

PARTNERS

STEFAN GLAENZER

@StefanGlaenzerEILEEN BURBIDGE

@eileentsoROBERT DIGHERO

@robertdighero

£0 PA

LOWEST FOUNDER SALARY

£36,149 PA

AVERAGE FOUNDER SALARY

£65,000 PA

HIGHEST FOUNDER SALARY

NATIONALITIES36 BRITISH

14 SWEDISH12 GERMANS

3 DANISH3 AMERICAN

2 IRISH

1 CANADIAN-JAMAICAN

1 HUNGARIAN1 INDIAN1 POLISH

1 SOUTH AFRICAN1 WELSH

12AVERAGE AGE

AT TIME OF INVESTMENT

OLDEST AGE: 38YOUNGEST AGE: 19

29

75 FOUNDERS BACKED

PASSIONATE ABOUT PEOPLE

2.2 FOUNDERS PERTEAM ON AVERAGE

YEAR 1 COHORT: FIRST 21 TEAMS/INVESTMENTS

AVERAGE SEED ROUND INVESTMENT

11RAISED FOLLOW-ON

FINANCING AT INCREASEDVALUATIONS

SOLDSOLD

EXITS/ACQUISITIONS

2 2WIND-DOWNS

2STILL ON SEED RUNWAY PROFITABLE

YEAR ONE

TOTAL NUMBER OF

TRANSACTIONSYEAR TWO

SEED INVESTMENTS ADDITIONAL INVESTMENTATTRACTED FROM

25+ DIFFERENT VC FUNDS

15% AVERAGE OWNERSHIPAFTER FIRST INVESTMENT

(SEED ROUNDS)

£5,695,000£5,695,000 £35,896,000£35,896,000

+ 3 SERIES A ROUNDS

31NUMBER OF CHEQUES

FOR AVERAGEOWNERSHIP OF

£183,717£183,717

SOURCES OF INVESTMENT MADE

IN OUR NETWORK

7EXISTING FOUNDER REFERRAL

9

OTHER NON-FOUNDERREFERRAL

6

EVENTS

62

OPEN OFFICE HOURS3

PROACTIVELY SOUGHT OUT

1WHITE BEAR YARDRESIDENT

MUTUAL CONTACT/ REFERRAL

YEAR TW0 - 1,932

EVENTS

BUSINESS PLANS RECEIVED

+22% +19% +40%

THROUGH THE WEBSITE

SOLD

SOLD

34 PORTFOLIO COMPANIES

THE FIRST TWO YEARS