yabeo

By co-investing Mozaic Investors is increasing the chances for each stakeholder to gain from being part of the syndicate. Investors gain by diminishing the high risk related with investing in new ventures and by increasing their portfolio diversity by being exposed to high reward opportunities. Startups gain from the opportunity to raise money in underserved markets where venture capital is limited and in very early stages of the company. They also gain from the vast network of experts and successful entrepreneurs that are part of the syndicate thus increasing the potential on the investment with the smart money. Mozaic is a response to a couple of important problems that the startup ecosystem in Moldova and in the region is facing. The Investors Perspective. Lack of startup investing knowledge: Investors, especially in Eastern Europe, are not used to invest high-risk capital with the awareness that they can lose everything invested and the understanding that they have to keep the founders motivated enough because they are the ones developing the products thus investors should take only a small share of equity. High-risk investing alone: Not having a validation process for the startups usually leads to risky bets that investors take. The limited deals they are exposed to, contribute to decisions when they chose only from what they can evaluate. Not knowing other investors that can share the risk with them decrease the performance of their investments, thus not incentivizing the investors to keep investing. Lack of legal framework: The high cost of legal work regarding an investment makes investors to restraining investing in startups. Unclear rules, unprivileged legislation for investors are not something that an investor can change alone. There should be a common action and suggestions made to the legislative body. Lack of startups deal flow: Diversifying the portfolio require an increasing number of investible startups to choose from. An individual investor has no time and means to know all the startups there are in the ecosystem that are looking for investment thus exposing himself only to the direct approaches. The Startups Perspective. Lack of venture capital: By venture capital we are referring to alternative financing when startups are raising capital from private investors where no other financial institution are ready to finance the initial ideas and startups. Traditional financial institutions usually require more financial data, guarants or other indicators that a newly formed entity simply do not have. Thus founders are unable to support the developing teams and launch the products. A venture capital is not a loan and investors are aware that they can lose it. Also the founders are not tied to reimburse it the in case of failure, thus incentivising more founders to work on more ambition and rewarding projects not putting themself and their families in debt. Founders not owning the company: By investing the most of the money or all the money in the startup traditionally is expected the investor to have the majority of the social capital and voting rights on the matters regarding the activity of the company. This fact is not helping the founder to feel that he is in charge of the company thus he is losing motivation and is not engaged enough to achieve the company’s goal. Lack of smart capital: By accessing the capital from investors, founders also gain the access to investors that are experienced entrepreneurs and connected people that can advice or introduce the founders to potential clients. Ethical money: By promoting the highest standards of ethics throughout the investment cycle, the investors must act with integrity and respect while dealing fairly and objectively with the founders. The ambition is to help early stage companies become industry-defining and sustainable businesses. The Ecosystem Perspective. Not fully functional ecosystem: By covering to a good degree the other components of the startup ecosystem like Infrastructure (coworking, prototyping facilities) and Knowledge (know-how, conferences, events) there is a lack in continuity and sinergy in startup creation process. Not having the Capital and Legal components of the startup ecosystem makes the other components unproductive. Startups looking to other countries or even moving to pursue their goals. High levels of uncertainty: Startup world is known by having a high dose of uncertainty, but by adding to this the fact that founders do not know how they will finance their startups or the next steps in scaling, they have anxieties that keep them from starting in the first place.

ISAI gathers more than 300 Tech entrepreneurs who have decided to invest capital and experience to enable the advent of new French Tech champions. Pierre Kosciusko-Morizet (PriceMinister), Geoffroy Roux de Bezieux (Notus Technologies), Ouriel Ohayon (ZenGo), Stéphane Treppoz (Sarenza) and Christophe Raynaud are at the initiative of this project which aims to establish the most useful, performing and benevolent fund an entrepreneur can wish for. Joined by Jean-David Chamboredon, they federated 300 entrepreneurs that were later joined by family offices and institutional investors. ISAI thus has a sufficient investing and refinancing capacity to support the companies it backs over the long run. Some of the entrepreneurs that the first ISAI fund supported then became investors in subsequent funds. In total, more than €20B of revenue and 70,000 jobs have been created by the companies of our investors-entrepreneurs. The ISAI team and the managers of its portfolio companies can rely on this unparalleled collective experience. With over €500M under management, we wish to select original companies managed by outstanding teams. Remarkable, outstanding, that is the meaning of the Japanese word “ISAI”.

From Southeast Asia to Silicon Alley, our world is marked by unprecedented degrees of multiculturalism, ethnic diversity, social shifts, international collaboration, and technology-driven changes. Third culture innovators - founders who create and define a new ‘third space’ in response to adversities they face while living, learning, and transacting between disparate cultures - are on the rise and at the center of solving humanity’s biggest problems. As third culture individuals ourselves, Ethos understands better than anyone else the powerful forces at work in the world today. We can spot asymmetric opportunities and invest where others hesitate because we aren’t afraid to be authentic and embrace the same ethos as the third culture innovators that we invest in. We hold deeply ingrained convictions that investing in companies led by extraordinary third culture leaders will not only yield more unicorns, but also shape a world in which future generations will thrive, celebrate, and treasure. VALUESEthos: We believe the most important foundation of a person’s success is his or her character and spirit, which will manifest in the person’s business, relationships, and actions. Commitment: We invest in founders from the earliest stages (often, the first check) and continue to support their long term vision. We believe startups are a marathon, not a sprint. Curiosity: We seek truth. We assume nothing and believe that the best approach is to uncover these truths through experimentation. Community: We believe that the startup journey is much better when we share it with others. The journey is hard. No need to go through it alone. Vision: We support founders who are bold and mission-driven to improve the future of humanity. Big dreams inspire and motivate us all to be better. WHY THIRD CULTURE Third Culture is not about geography or skin color. Third culture is the mindset and drive to adapt, grow, and triumph while remaining fiercely authentic even amid pain and discomfort. It is the situation of being in between two or more worlds, and includes the meaning of being located at the periphery or edge of mainstream thinking. It’s the impetus behind the biggest and most important innovations for humanity and the future of our children.

Brinc is a different breed of venture capital and accelerator firm. Core to our business is our belief that some of the world’s biggest challenges can be solved by entrepreneurs, who we like to call GAME CHANGERS. More game changers will make a positive impact on the world if they are given the right backing. And that’s what we’re here for. To support and mentor founders and their teams from across the world and provide investment to help them grow. Today, we believe that technology focused startups, with the right backing and support can fundamentally change how we move, what we eat, how we feel and where we live for the better. Accelerators We run global accelerator programs to help founders solve some of the world’s most pressing challenges. Funds We invest into Pre-Seed to Series A startups through Partners Funds and our own funds: BrincArtesian & Arkley Brinc VC. Partners We help ecosystems think and act like disruptors by engaging with startups to achieve their long-term innovation objectives.

We believe in the untapped potential of the Saudi entrepreneur. With the right support, network, and funding, we can scale up opportunities to become globally competitive. Rua Growth Fund’s core thesis is to bridge the funding gap of promising startups, and yield meaningful returns to the entrepreneurs, and investors, while accelerating growth of the tech revolution in the Kingdom.