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GLOBAL TECHNOLOGY TRENDS &

STARTUP HUBS 2015


From Silicon Valley to London To Seoul

August 25, 2015 SparkLabs Global Ventures 1


CONTENT

•  General Technology Trends


•  Global Venture Capital Trends
•  Global Startup Hubs
•  Startup Snapshots of Global Hubs :
Silicon Valley, NYC, London, Stockholm, Berlin, Tel Aviv,
Beijing, Seoul, Los Angeles, and Boston.

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General Technology Trends

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Continuing Evolution of Technology
Hot Trends for 2015
Virtual reality Self driving cars Wearable devices

Drones 3D printing Internet of Things

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Global IT Industry

•  Global IT spending is expected to grow 2.5%, 2.3% and 2.9% in 2015, 2016
and 2017 respectively. (Gartner)
•  Mobile devices (smartphone/tablet) are recovering the slow demand of PCs
Worldwide Smart Connected Device Forecast
IT Industry Market Growth VS OECD GDP Growth
Market Share by Product Category, 2013-2018
20 100%
15.3 90%
13.3 80%
15
70%
60%
10 50%
4.4 4.7 40%
5 2.1 30%
3 20%
1.9 1.3 1.4 1.8 10%
0
0%
2010 2011 2012 2013E 2014E 2013 2014E 2015E 2016E 2017E 2018E

OECD IT industry Desktop PC Portable PC Smartphone Tablet plus 2-in-1

Source: Gartner, OECD Source: IDC

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Annual Shipment Growth of IT
•  Global PC shipment decreased in 2014 and is expected to continuously decrease
throughout 2015
•  Major IT products shipment growth: PC -6.8% (2014) → -5.3% (2015E), Tablets 23.9%
→ 25.2%, Mobile phones 3.0% → 4.4%

Worldwide Device Shipments by Segment (Millions of units)

2,500

2,000

1,500

1,000

500

0
2013 2014 2015E

Traditional PCs Ultramobiles Tablets Mobile phones

Source: Gartner

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Fast growing software market

•  Other than mobile phones, software market including big data analytics and
enterprise applications will show the fastest growth.

Worldwide Software Market, 2H 2013


Five Year Market Growth by Global Region (revenues)
8

0
2013 2014E 2015E 2016E 2017E 2018E
-2

-4

WW Americas EMEA APJ

Source: IDC

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Global Venture Capital Trends

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Six Largest Rounds by Global Region
VC-Backed New Unicorn Companies by Continent

12
11
9 9

6 6
5
4
3 3
2
1 1
0 0

Q2'14 Q3'14 Q4'14 Q1'15 Q2'15


Europe Asia North America

Source: CB Insights, KPMG

The Six Largest Rounds of Q2’15 Totaled Over $3.5B, More Than 18% of Funding In North America

•  $1.5 billion •  $500 million •  $337.6 million


•  Growth Equity •  Series C •  Series E-II
•  San Francisco •  San Francisco •  Pacific Palisades

•  $500 million •  $433.9 million •  $275 million


•  Series C •  Series E •  Series B
•  San Francisco •  New York •  San Francisco
Source: CB Insights, KPMG

August 25, 2015 SparkLabs Global Ventures


Six Largest Rounds by Global Region
The Six Largest EU Rounds of Q2’15 Total More Than The Six Largest Rounds of Q2’15 Total More Than
$1.5B, Over 1/5th of Total Funding in 2015 To Date $4.2B; Over 25% of All Asian Funding in 2015

•  $526 million •  $500 million •  $1 billion •  $931 million


•  Series G •  Corporate Minority •  Series E •  Private Equity
•  Stockholm •  Mallow, Ireland •  Seoul, Korea •  Huangpu District, China

•  $150 million •  $120 million •  $850 million •  $550 million


•  Series E •  Series B •  Series E •  Series I
•  London •  Vienna •  Shanghai •  Bangalore

•  $110 million •  $100 million •  $485 million •  $418.6 million


•  Series H •  Series E •  Private Equity •  Series C
•  Berlin •  Berlin •  Shanghai •  Chongqing, China

Source: CB Insights, KPMG Source: CB Insights, KPMG

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Financing Trends to VC-Backed Companies
Annual Global Financing Trends to VC-Backed Companies

100 6,879 88.3 8,000


7,485
6,189 7,000
80
5,401 6,000
59.8
60 5,000
49.7 49
43.8 4,000
3,668
40 3,000
2,000
20
1,000
0 0
2011 2012 2013 2014 H1 2015

Investments($B) Deals

$100M+ Financings to VC-Backed Companies

35
30
30
24 25
25 22

20 17 17 18
16 16
15 13
9 8
10 6 7 6 6
5 4
5 2 1 1 2 1
0
0
Q3'13 Q4'13 Q1'14 Q2'14 Q3'14 Q4'14 Q1'15 Q2'15

North America Asia Europe

Source: CB Insights, KPMG

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Investments by Continent
Deal Count by Continent

1,303 1,297
1,400 1,222 1,173 1,180
1,200
1,000
800
600
306 323 311 357
400 315

200 301 295


260 278 284
0
Q2'14 Q3'14 Q4'14 Q1'15 Q2'15

North America Europe Asia

Investment ($B) by continent

25
18.5 19.2
20 16.3
15.6
14.2
15
10.5
10
4.7
9.2 3.4
5 2.4 1.7
5
0 4.1 3.2
2.2
Q2'14 Q3'14 Q4'14 Q1'15 Q2'15

North America Europe Asia

Source: CB Insights, KPMG

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Startup Funding Trends in U.S
•  Most startup funding in U.S. is focused on software.
•  Crowdfunding continues to grow and boomed in 2014. Crowdfunding now raises
$2 million a day.

U.S. Startup Funding by Category (2014) Crowd Funding Growth in Numbers (billion $)

6
2% Software 5.1
2%
Media&Entertainment 5
4% 6%
Biotechnology
4
5% IT Services
42%
7% Medical Devices&Equipment 3 2.7
Industrial/Energy
7%

Consumer Products&Services
2 1.5
12%
Financial Services
13% 1
Retail/Distribution

Other 0
2011 2012 2013
Source: National Venture Capital Association Source: Crowdfunding Centre Report, Inc, SparkLabs Global Ventures

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Less Deals, More Money
•  In U.S., VCs are crowded out. $11.3B was Invested In 805 deals in 2015 which hit a nine-quarter
low and fell for the fourth straight quarter. When investments from hedge funds, mutual funds
and private equity investors into VC-backed companies are included, VC-backed companies
actually raised $17.7B of funding in Q1 which is breaking high.

•  In China, the number of deals fell for the second straight quarter, however funding was supported
by large rounds. China funding remains above $2B for third straight quarter. Investment amount is
expected to keep growing in the long run.

Quarterly VC Investment and Deal Volume Trend(U.S.) Quarterly VC-Backed China Tech Financings

16 1200 6000 100


14 1000 5000 80
12
10 800 4000
60
8 600 3000
6 40
400 2000
4
200 1000 20
2
0 0 0 0
Q1'13 Q2'13 Q3'13 Q4'13 Q114 Q2'14 Q3'14 Q4'14 Q1'15 Q1'13 Q2'13 Q3'13 Q4'13 Q114 Q2'14 Q3'14 Q4'14 Q1'15

Inverstment($B) Deals Deals China Tech Inverstments($M) China Tech Deals

Source: CB Insights Source: CB Insights

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Number of Investments by U.S. Metros
Number of Investments by Region

2000

1500

1000

500

0
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

SF Bay Area Boston Area Los Angeles Area New York Area

Average Investment Size by Region($M)

16
14
12
10
8
6
4
2
0
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

SF Bay Area Boston Area Los Angeles Area New York Area

Source: Mattermark

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Investment Sizes by U.S. Metros
Median Investment Size by Region ($M)

8
7
6
5
4
3
2
1
0
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

SF Bay Area Boston Area Los Angeles Area New York Area

Total Investment Size by Region ($M)

25

20

15

10

0
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Bay Area New York Boston Los Angeles

Source: Mattermark

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Seed & Series A Investments by U.S. Metros
Number of Seed Investments by Region

600

500

400

300

200

100

0
2006 2007 2008 2009 2010 2011 2012 2013 2014

SF Bay Area Boston Area Los Angeles Area New York Area

Number of Series A Investments by Region

300

250

200

150

100

50

0
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

SF Bay Area Boston Area Los Angeles Area New York Area

Source: Mattermark

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Top Participants in U.S. Series A Rounds

Feliois Ventures
Silicon Valley Bank
ff Venture Capital
Lightspeed Venture Partners
Fuel Capital
Atlas Venture
Upfront Ventures
Grotech Ventures
SoftBank Capital
Thrive Capital
KPCB
Sequoia Capital
First Round Capital
Accel Partners
Great Oaks Venture Capital
Lerer Hippeau Ventures
True Ventures
SV Angel
0 2 4 6 8 10 12 14 16 18 20

Source: Mattermark

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VC Funding Statistics Top Ten U.S. Metros

Compound
Venture- Average Total MoM Average
Growth
Region Backed Deal Size Venture Employee Company Average Age
Since
Startups ($M) Dollars($B) Growth Size
Funding

Austin 28 6.4 0.18 1% 4% 27 4

Bay Area 308 27.73 8.32 8% 7% 94 4

Boston 86 16.50 1.39 4% 7% 55 6

Chicago 25 7.24 0.18 5% 5% 101 5

Los Angeles 63 20.86 1.33 8% 10% 61 5

New York 150 13.75 1.99 6% 18% 71 4

Salt Lake City 13 26.82 0.35 4% 5% 144 6

San Diego 20 12.84 0.26 5% 13% 47 8

Seattle 37 17.58 0.67 7% 6% 119 5

Washington, D.C. 31 7.59 0.24 12% 7% 31 4

Source: Mattermark

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Largest US Funding Rounds in Q2 2015
Funding
Funding
Company Series Amount Investors Region
Date
($M)
Airbnb 6/29/2015 Series E 1500 General Atlantic, Hillhouse Capital Group, Tiger Global Management Bay Area

Snapchat 5/29/2015 Series E 537 Fidelity Investments, York Capital Management, Glade Brook Capital Partners Los Angeles

Khosla Ventures, Insight Venture Partners, Ashton Kutcher, Andreessen Horowitz, Fidelity Investments, Jared
Zenefits 5/6/2015 Series C 500 Bay Area
Leto, TPG Capital, Institutional Venture Partners(IVP), Sound Ventures, Founders Fund

Affirm 5/6/2015 Series C 275 Khosla Ventures, Lightspeed Venture Partners, Spark Capital, Andreessen Horowitz, Jefferies Group Bay Area

DraftKings 4/3/2015 Series D 250 The Walt Disney Company Boston

Brookside Capital, Generation Investment Management, ClearBridge Investments, Iconiq Capital, Wasatch A
DocuSign 5/12/2015 Series F 233 Seattle
dvisors, Wellington Management, Sands Capital Ventures

Denali Therapeutics 5/14/2015 Series A 217 ARCH Venture Partners, Alaska Permanent Fund, Flagship Ventures, Fidelity Biosciences Bay Area

Domo 4/8/2015 Series D 200 BlackRock, The Capital Group, Glynn Capital Management, GGV Capital Salt Lake City

NantHealth 6/30/2015 Series D 200 Allscripts Los Angeles

Adaptive Biotechno Tiger Global Management, Alexandria Real Estate Equities, Casdin Capital, Rock Springs Capital Manageme
5/6/2015 Series F 195 Seattle
logies nt, Viking Global Investors, Senator Investment Group

Fidelity Investments, Valiant Capital Partners, SV Angel, Bessemer Venture Partners, FirstMark Capital, Andr
Pinterest 5/11/2015 Series G 186 Bay Area
eessen Horowitz, Wellington Management, Goldman Sachs

Credit Karma 6/23/2015 Series E 175 Tiger Global Management, Valinor Management, Viking Global Investors Bay Area

NEXT Investors, JP Morgan Chase & Co, SunTrust Bank, BBVA Ventures, Neuberger Berman, Passport Cap
Prosper 4/8/2015 Series F 165 Bay Area
ital, Breyer Capital

Digital Sky Technologies (DST), Horizons Ventures, Index Ventures, Institutional Venture Partners (IVP), Spa
Slack 4/16/2015 Series E 160 Bay Area
rk Capital

OneSource Virtual 6/22/2015 Series B 150 Technology Crossover Ventures, Halyard Capital Dallas

Source: Mattermark

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Notable IPOs in Q2 2015
Price
Market Total
Stock Amount Per
Company IPO Stock Shares Capitalization Private
Ticker Raised Share Past Investors
Name Date Exchange Offered at Funding
Symbol ($) at IPO
IPO($) ($)
($)

Biomedical Catalyst Fund, New Enterprise Associates, OrbiMed Advisor


Adaptimune 5/6/2 191,250,0 11,250,00
NASDAQ ADAP 17 1,203,350,389 s, Fidelity Biosciences, Merlin Nexus, Foresite Capital, Rock Springs Ca 107,500,000
Therapeutics 015 00 0
pital Management, Wellington Management, University of Oxford

Arcadia 5/15/ 65,600,00


NASDAQ RKDA 8,200,000 8 345,402,480 CMEA Capital, Saints Capital, BASF Venture Capital, Mandala Capital 101,000,000
Biosciences 2015 0

Biotie 6/11/2 56,007,51


NASDAQ BITI 3,761,418 14.89 181,896,538 DFJ Esprit, Investor Growth Capital, Abingworth 145,750,000
Therapies 015 4

Carbylan 4/9/2 65,000,00 13,000,00


NASDAQ CBYL 5 121,234,815 InterWest Partners, Alta Partners, Vivo Ventures 34,999,999
Therapeutics 015 0 0

Sequoia Capital, Ally Bridge Group, Rock Springs Capital Management,


6/4/2 95,250,00
EndoChoice NYSE GI 6,350,000 15 367,661,805 Deerfield Management Company, River Cities Capital Funds, Accelme 115,489,918
015 0
d

Accel Partners, Union Square Ventures, Albert Wenger, Stewart Butterfi


4/16/ 266,666,6 16,666,66 eld, Caterina Fake, Manatt Venture Fund, Spencer Ain, Acton Capital P
Etsy NASDAQ ETSY 16 1,775,400,240 artners, Hubert Burda Media, Index Ventures, Glynn Capital Manageme 97,257,127
2015 56 6
nt, Judson Ain, Sean Meenan, Joshua Schachter

6/18/ 731,500,0 36,575,00 SoftTech VC, Foundry Group, Felicis Ventures, True Ventures, SoftBank
Fitbit NYSE FIT 20 4,114,438,600 66,000,000
2015 00 0 Capital, Sapphire Ventures, Qualcomm Ventures

InterWest Partners, HealthCare Royalty Partners, Valence Life Science


6/16/ 48,000,00
Invuity NASDAQ IVTY 4,000,000 12 152,413,104 s, Kleiner Perkins Caufield & Byers, Wexford Capital, Wellington Manag 96,200,000
2015 0
ement

In-Q-Tel, Highland Capital Partners, Versant Ventures, CHL Medical Par


5/5/2 17,100,00
OpGen NASDAQ OPGN 2,850,000 6 64,310,082 tners, jVen Capital, Mason Wells Biomedical Fund, Harris & Harris Grou 74,282,745
015 0
p, Cross Creek Advisors

5/19/ 130,900,0 Insight Venture Partners, Felicis Ventures, Bessemer Venture Partners,
Shopify NYSE SHOP 7,700,000 17 1,134,536,089 122,000,000
2015 00 FirstMark Capital, OMERS Ventures, Georgian Partners

Source: Mattermark

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Global Startup Hubs

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GLOBAL STARTUP HUBS

Stockholm

Silicon Valley London Berlin


Boston Beijing

New York Seoul


Los Angeles Tel Aviv

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DEFINITION

What defines a leading global


startup hub?

•  Engineering Talent •  Startup Culture

•  Entrepreneurs / Mentors •  Legal & Policy Infrastructure

•  Technical Infrastructure •  Economic Foundation

•  Funding Ecosystem & Exits •  Government Policies & Programs

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GLOBAL HUBS
1.  Silicon Valley
7.4 Million

Population of Top 10 2.  New York City


20.1 Million
Global Startup Hubs 3.  London
13.6 Million
4.  Stockholm
2.1 Million
5.  Berlin
4.2 Million
6.  Tel Aviv
3.4 Million
7.  Beijing
24.9 Million
8.  Seoul
25.7 Million
9.  Los Angeles
18.5 Million

* population by metro area 10. Boston


** not in ranking order 7.6 Million

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GLOBAL HUBS
1.  Silicon Valley
69 Unicorns

Unicorns of Top 10 2.  New York City


16 Unicorns
Global Startup Hubs 3.  London
10 Unicorns
4.  Stockholm
6 Unicorns
Our definition of a “unicorn” was: 5.  Berlin
5 Unicorns
•  Private company valuation of $1 billion+ 6.  Tel Aviv
3 Unicorns
•  Private company acquired for $1 billion+
7.  Beijing
•  IPOed during 2010 to present with a 9 Unicorns
current market capitalization of $1 billion 8.  Seoul
or greater 6 Unicorns
9.  Los Angeles
5 Unicorns
10. Boston
8 Unicorns
(Sources: CB Insights, Yahoo! Finance, and Google)

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SILICON VALLEY

22 Unicorn Startups who went public (IPO)

List of Unicorn Startups that went public since 2010


Pandora Trulia Palo Alto Networks Infoblox Lending Club Hortonworks

Linkedin Facebook ServiceNow Marketo Zendesk Fitbit

Fusion-io Workday Exact Target Fireeye GoPro

Zynga Splunk Guidewire Software Box New Relic

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SILICON VALLEY
47 More Unicorn Startups in Silicon Valley (non-IPO)

List of Unicorn Startups that haven’t gone public


Uber Airbnb Square Slack Automattic AppDynamics Credit Karma Github Docker Zscaler

Palantir Intarcia Bloom


Lyft Twilio Kabam Jawbone Instacart 23andMe Wish
Technologies Therapeutics Energy
Good
Prosper Pinterest Stripe Houzz Illumio Pure Storage MuleSoft CloudFlare
Technology
Survey Proteus
Tanium Dropbox Zenefits MarkLogic DocuSign Deem EventBrite
Monkey Digital Health
Coupa
NextDoor Theranos Cloudera Evernote Tango ContextLogic Medallia Lookout
Software

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NEW YORK CITY

16 Unicorn Startups in New York City

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LONDON

10 Unicorn Startups in London

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BOSTON, LA, & BERLIN

Unicorn Startups in Boston, LA and Berlin


8 in BOSTON 5 in LA 5 in BERLIN

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BEIJING AND SEOUL

Unicorn Startups in Beijing and Seoul


9 in BEIJING 6 in SEOUL

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TEL AVIV & STOCKHOLM

Unicorn Startups in Tel Aviv and Stockholm

3 in TEL AVIV 6 in STOCKHOLM

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SILICON VALLEY

Startup Snapshots of Silicon Valley

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NEW YORK CITY

Startup Snapshots of Silicon Alley



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LONDON

Startup Snapshots of London



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STOCKHOLM

Startup Snapshots of Stockholm



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BERLIN

Startup Snapshots of Berlin



6Wunderkinder

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TEL AVIV

Startup Snapshots of Tel Aviv



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BEIJING

Startup Snapshots of Beijing




Kaixin001

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SEOUL

Startup Snapshots of Seoul



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LOS ANGELES

Startup Snapshots of Los Angeles

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BOSTON

Startup Snapshots of Boston

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About SparkLabs Global Ventures

August 25, 2015 SparkLabs Global Ventures 44


SparkLabs Global: A New Seed-Stage Fund

SparkLabs Global Ventures is a new seed-stage fund founded by entrepreneurs. We are a global
fund that believes exceptional entrepreneurs can be found anywhere. All six partners have
created new businesses across the globe, and are currently based in London, Tel Aviv, Seoul,
Singapore and Silicon Valley.
Testimonials: Our Entrepreneurs

“Love working with these guys. Gives ‘sweat capital’ an entirely new meaning, going to all lengths around the world to
get us what we need.” - Akash Nigam, Co-founder & CEO of Blend (www.blend.la)

“SparkLabs team was extremely value-add - they provided strategic advice, brokered relationships, and was 100%
committed to supporting us in building our company. They opened more doors for us than any other investor. SparkLabs is
an extension of your team. I would work with them in a heartbeat.” - Somrat Niyogi, Co-founder & CEO of Stitch
(acquired by SugarCRM)

“YJ and I, along with the entire team at KnowRe are ecstatic to be a part of the SparkLabs family, beginning from our
days in the accelerator. As an investor and mentor, SparkLabs brings a partnership that truly embodies the
characteristics of a family - being involved, bringing to bear ALL of one's resources, a genuine concern for someone
that goes far beyond self-interest. This type of partnership invariably leads to a deep trust. As entrepreneurs turned
investors, SparkLabs has a distinct understanding of both tectonic shifts in industry and the needs of, say a junior
marketing employee. This unique vertical acumen is extremely valuable and a critical component to growth.” -
David Joo, Co-founder & Co-CEO of KnowRe (www.knowre.com)
Testimonials: Our Entrepreneurs

“SparkLabs is an amazing team of investors. The partners are experienced operators from around the globe who have
helped us with not only key business issues, but also bouncing new ideas. Everyone is intelligent and charismatic, so
it's easy to see why the fund has such an expansive network of founders, senior executives, and advisors who are always
there to help. If you're a founder who cares about scale, international expansion, or just adding an awesome extension
to your team - SparkLabs is your fund.” - Cathy Han, Co-founder & CEO of 42 (YC W14)
(www. 42technologies.com)

“SparkLabs has been an amazing partner for us - they set the bar high, but have helped us every step of the way. Not only
has the SparkLabs team provided market-vetted advice and feedback, but they’ve been out front in making key
introductions and resources. Iodine is proud to be part of the SparkLabs clan.” - Thomas Goetz, Co-founder & CEO of
Iodine (www.iodine.com)

“The partners at SparkLabs are amazing people and have been a motivating force since the early days of Petnet. They
are forward thinking in the way they think about the internet of things and how it will shape they way people shop for
consumables. They have an expansive global network of executives, advisors, and investors who are ready to help in
any form necessary. SparkLabs is an essential team member for companies who are looking to expand their brand
globally.” - Carlos Herrera, Co-founder & CEO of Petnet (www.petnet.io)
Testimonials: Our Entrepreneurs

“Suffice it to say that SparkLabs has played a significant role in the Squirrel story! Heck, they were even involved before we
became known as Squirrel! SparkLabs has taken on the role of investor, mentor, facilitator, talent source, sounding board
and all-round supporter of everything Squirrel as of day 1. Their commitment to our success has come through in every
interaction with the outspoken Frank Meehan and team at SparkLabs, and they've been a great partner on our amazing
journey so far. I look forward to continuing to see that partnership flourish as they help us work towards making financial
freedom a reality in the UK and beyond!” - Mutaz Qubbaj, Co-founder & CEO of Squirrel (www.squirrel.me)

“MangoPlate exists today due to the amazing advice and guidance we received from SparkLabs Global Ventures. They are
entrepreneurs themselves so they provide extremely practical and realistic guidance. We fully trust that they will always
provide guidance from the entrepreneurial perspective, thus we continue to seek their advice regarding all aspects of
MangoPlate from vision, HR, operations and to funding. Their team has been nothing short of amazing for MangoPlate and
we are so blessed to be a part of the SparkLabs family.” - Joon Oh, Co-founder & Co-CEO of MangoPlate
(www.mangoplate.com)

“The partners at SparkLabs are connected. Globally. They have unmatched entrepreneurial hustle and are raising the bar
for value-add from an investor.” - Scott Saunders, Co-founder & CEO of Payoff (www.payoff.com)
Testimonials: Our Entrepreneurs

“The team at SparkLabs have struck a read chord with everyone here at Soundwave due to the fact that, first and foremost,
they are all entrepreneurs. We've really enjoyed tapping into their experience as we navigate our way through building
and scaling Soundwave. It's reassuring to know that they are always on the other end of the phone, email, sms, IM or
Skype!” - Brendan O’Driscoll, Co-founder & CEO of Soundwave (www.soundwave.com)

“Code Kingdoms is delighted to part of the SparkLabs family. The partners understand entrepreneurs because they are
entrepreneurs themselves - the guidance and support provide is always insightful, relevant and timely. Having SparkLabs
as an investor has been a significant contributor to the growth of our company and also provided immense learning
opportunities from fellow portfolio companies and wider network.” - Ross Targett, Co-founder & CEO of Code
Kingdoms (www.codekingdoms.com)

“SparkLabs' passion for Memebox inspired us to go global and expand to Silicon Valley. Their support was felt every step of
the way as we launched the Silicon Valley office and graduated from Y Combinator. Since their involvement we've
successfully closed both a Series A and B funding round, within a year. It has been a rewarding experience having
SparkLabs Global Ventures as our investor and partner as we continue to share our products with the global audience.” -
Dino Ha, Co-founder & Co-CEO of Memebox (YC W14) (www.memebox.com)
Thank you!
www.sparklabsglobal.com

August 25, 2015 SparkLabs Global Ventures 50