Presentation by Christian Hernandez of White Star Capital at Slush 2013 in Helsinki

1. #MadeInEU
Christian Hernandez Gallardo
@christianhern
Slush. Helsinki. November, 2013.

2. How I ended up here
2

3. How I ended up here
FB Platform #MadeInEU
3

4. How I ended up here
4

5. Who is White Star Capital?
TEAM
10+
5
2
3
100+
Countries worked
in
Languages
IPOs
Acquisitions
M&A deals
PORTFOLIO
Canada
U.K.
Sweden
West Coast
3
Exited
Exited
1
Germany
1
5
3
4
East Coast
1
Portugal
1
France
5

6. Europe, let’s talk about our Valley problem
6

7. What drives Entrepreneurship?
Cultural support for risk taking
Roles models
Support Network
Access to funding
7
Source: http://idbdocs.iadb.org/wsdocs/getdocument.aspx?docnum=1448796

8. Cultural support and the “Mom Factor”
8

9. Role models & support network
Heroes #MadeInEU
9

10. Entrepreneurs of all ages and from all corners
Heroes #MadeInEU
10

11. Access to Funding: We’re selling ourselves short!
US Average
Investment by Stage
12
9.8
9.1
5.4
3.4
4.9
4.6
4.5
2.7
2.4
2.5
8.3
7.4
5.1
5
8
4
3
10.9
10
6
European Average
Investment by Stage
5.8
Seed
Early
3.4
2.3
2
0
Late
2
1.6
1.5
1.5
1.1
1
0.5
1.5
0.4
1.5
1.1
0.6
0.3
0.3
2009
2010
1.4
1.1
0.5
0
2007
2008
2009
2010
2011
2007
2008
2011
Source: 1. NVCA; 2. EVCA
Are US companies really 5-6X more
valuable at the early stages of development?
Risk Capital #MadeInEU
11

12. No better time to be long on Europe
Macro
Burning
platform
Angels
& VCs
focused
Density of on seed
Mentors
Global
access via
platforms
Unicorns!
Unicorns #MadeInEU
12

13. #MadeInEU