SlideShare a Scribd company logo
1 of 25
Alternative Funding Sources & Debt Financing Philip G. Korn - Senior Vice President Emerging Technologies Silicon Valley Bank March 3, 2001
A Bit About SVB - Who We Are ,[object Object],[object Object],[object Object],[object Object],[object Object]
Chicago, IL Phoenix, AZ San Diego, CA Northern Virginia, VA Boston, MA Atlanta, GA Austin, TX Boulder, CO Seattle, WA Portland, OR Napa Valley, CA Sand Hill, CA Palo Alto, CA Santa Clara, CA Los Angeles, CA Irvine, CA SVB SVB SVB SVB SVB SVB SVB SVB SVB SVB SVB SVB SVB SVB SVB SVB SVB Santa Barbara, CA SVB SVB Sonoma, CA SVB Minneapolis, MN Philadelphia, PA SVB Dallas, TX SVB 25 offices nationwide with clients in all 50 states Silicon Valley Bank is the the source of financial services for early-stage companies throughout the United States…
2000 IPO Clients   @Road, Inc. Aclara Biosciences Inc. Advanced Power Technology, Inc. AeroGen, Inc. Alliance Fiber Optic Products, Inc. Applied Molecular Evolution, Inc. Apropos Technology, Inc. Argonaut Technologies Array Biopharma, Inc. AvantGo, Inc. Avenue A, Inc. Centra Software, Inc. Ciphergen Biosystems, Inc. ClickSoftware, Inc. Corillian Corp. CoSine Communications, Inc. CrossWorlds Software, Inc. Cypress Communications, Inc. Deltagen, Inc. DigitalThink Inc. DURECT Corporation Dyax Corp. Eprise Corporation Esperion Therapeutics, Inc. Evergreen Solar, Inc. Evoke Communications, Inc. Exelixis Inc. Genomica Corporation Handspring, Inc. HealthGate Data Corp. iBEAM Broadcasting Corp. I-many, Inc. inSilicon Corporation InterMune Pharmaceuticals Inc. IntraBiotics Pharmaceuticals, Inc. Lightspan Partnership, Inc. Mainspring Communications, Inc. MatrixOne, Inc. McData Corporation Moldflow Corporation Neoforma.com, Inc. Network Engines, Inc. Nogatech, Inc. Nuance Communications, Inc. Numerical Technologies, Inc. OmniSky Corporation Opus360 Corporation OraPharma, Inc. Oratec Interventions, Inc. Organic Inc. Pixelworks, Inc. Quantum Effect Devices, Inc. Rosetta Inpharmatics, Inc. Selectica, Inc. Sequoia Software Corporation Sonic Innovations Inc. Sonus Networks, Inc. Speechworks International, Inc. Support.com, Inc. T/R Systems, Inc. Talarian Corporation Triton Network Systems, Inc. Vicinity Corporation ViryaNet Ltd. webMethods, Inc. Websense Inc. Witness Systems The companies highlighted above represent some, but not all, of Silicon Valley Bank’s current clients which completed initial public offerings during 2000.
Q3 2000 IPO Clients
Silicon Valley Bank Northern California banking niches include the following:   TECHNOLOGY & LIFE SCIENCES - ANGEL / INCUBATOR / BOOTSTRAPPED Emerging Technologies : TECHNOLOGY & LIFE SCIENCES - VENTURE BACKED Online Services Communication & Electronics Software Life Sciences 8
Other Bank Products & Groups ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Recent Bank Developments ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
SVB Emerging Tech Client Focus ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
SVB Emerging Tech Client Focus (cont’d) ,[object Object],[object Object],[object Object]
Typical Needs Early On ,[object Object],[object Object],[object Object],[object Object]
Debt Financing   12
Bank Debt Is Defined As:   12 From
Debt financing has one key difference from equity: IT  MUST  BE PAID BACK!  12
Debt Financing   ,[object Object],[object Object],[object Object],[object Object],[object Object],12
Early Stage Debt Financing Typical Hurdles ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Early Stage Debt Financing Typical Strengths ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Debt Financing Vehicles: ( Who, What & When) Stage of Development / Financial Profile R&D Product Launch Market Penetration Maturity Cash Flow Negative   Cash Flow Positive Available Debt Financing Venture Leasing Niche Banking Factoring Asset Based Traditional Banking 13
Debt Financing:  (Why)   ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],12
Underwriting Criteria:  (How)   ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],14
Sources of Repayment:  (We need 2)   ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],14
Financial Covenants  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],14
What we expect from our borrowers ,[object Object],[object Object],[object Object],[object Object],[object Object],15
Summary ,[object Object],[object Object],[object Object],[object Object],16
Q & A

More Related Content

What's hot

Future of Wealth Management_Cisco_Fall 2015_LowRes
Future of Wealth Management_Cisco_Fall 2015_LowResFuture of Wealth Management_Cisco_Fall 2015_LowRes
Future of Wealth Management_Cisco_Fall 2015_LowRes
Joseph Pagano
Β 
Community and regional banks final
Community and regional banks finalCommunity and regional banks final
Community and regional banks final
Rahul Rathi
Β 
2012 Private Banking Report Global
2012 Private Banking Report Global2012 Private Banking Report Global
2012 Private Banking Report Global
mchaille
Β 

What's hot (20)

Bankers See Opportunities in Tax Reform – Which Ones Will They Take?
Bankers See Opportunities in Tax Reform – Which Ones Will They Take?Bankers See Opportunities in Tax Reform – Which Ones Will They Take?
Bankers See Opportunities in Tax Reform – Which Ones Will They Take?
Β 
Financing Small Business Success: The Rise of Online Lending
Financing Small Business Success: The Rise of Online LendingFinancing Small Business Success: The Rise of Online Lending
Financing Small Business Success: The Rise of Online Lending
Β 
Jumpstart To Career
Jumpstart To CareerJumpstart To Career
Jumpstart To Career
Β 
Expert Judgement Credit Rating for SME & Commercial Customers
Expert Judgement Credit Rating for SME & Commercial CustomersExpert Judgement Credit Rating for SME & Commercial Customers
Expert Judgement Credit Rating for SME & Commercial Customers
Β 
Receivable Finance Canada: Finally Your Clear Explanation Of Factoring & AR F...
Receivable Finance Canada: Finally Your Clear Explanation Of Factoring & AR F...Receivable Finance Canada: Finally Your Clear Explanation Of Factoring & AR F...
Receivable Finance Canada: Finally Your Clear Explanation Of Factoring & AR F...
Β 
How Fundable is Your Business
How Fundable is Your BusinessHow Fundable is Your Business
How Fundable is Your Business
Β 
Future of Wealth Management_Cisco_Fall 2015_LowRes
Future of Wealth Management_Cisco_Fall 2015_LowResFuture of Wealth Management_Cisco_Fall 2015_LowRes
Future of Wealth Management_Cisco_Fall 2015_LowRes
Β 
3-5-7 Rule meets Racing to 100 - SURGE Accelerator 2013 Presentation
3-5-7 Rule meets Racing to 100 - SURGE Accelerator 2013 Presentation3-5-7 Rule meets Racing to 100 - SURGE Accelerator 2013 Presentation
3-5-7 Rule meets Racing to 100 - SURGE Accelerator 2013 Presentation
Β 
Funding outside the box keany
Funding outside the box   keanyFunding outside the box   keany
Funding outside the box keany
Β 
Apple Capital Group_Sales Pitch
Apple Capital Group_Sales PitchApple Capital Group_Sales Pitch
Apple Capital Group_Sales Pitch
Β 
Venture Capital Primer Rev2 101309
Venture Capital Primer Rev2 101309Venture Capital Primer Rev2 101309
Venture Capital Primer Rev2 101309
Β 
Angel Investment Clubs Summary
Angel Investment Clubs SummaryAngel Investment Clubs Summary
Angel Investment Clubs Summary
Β 
Credit Review: Risk Evaluation & Due Diligence
Credit Review: Risk Evaluation & Due DiligenceCredit Review: Risk Evaluation & Due Diligence
Credit Review: Risk Evaluation & Due Diligence
Β 
Community and regional banks final
Community and regional banks finalCommunity and regional banks final
Community and regional banks final
Β 
Investor pitch (9 03-17) (2)
Investor pitch (9 03-17) (2)Investor pitch (9 03-17) (2)
Investor pitch (9 03-17) (2)
Β 
Sonder | Series D Deck
Sonder | Series D DeckSonder | Series D Deck
Sonder | Series D Deck
Β 
7 small business lenders report to credit bureaus in 2019
7 small business lenders report to credit bureaus in 20197 small business lenders report to credit bureaus in 2019
7 small business lenders report to credit bureaus in 2019
Β 
2015 Venture Capital & Startup Traction Report
2015 Venture Capital & Startup Traction Report2015 Venture Capital & Startup Traction Report
2015 Venture Capital & Startup Traction Report
Β 
2012 Private Banking Report Global
2012 Private Banking Report Global2012 Private Banking Report Global
2012 Private Banking Report Global
Β 
Getting started with SBIR by the isis group
Getting started with SBIR by the isis groupGetting started with SBIR by the isis group
Getting started with SBIR by the isis group
Β 

Similar to Debt fin philip

Finance And Business Planning
Finance And Business PlanningFinance And Business Planning
Finance And Business Planning
Olesea FORTUNA
Β 
Finance And Business Planning
Finance And Business PlanningFinance And Business Planning
Finance And Business Planning
Olesea FORTUNA
Β 
Alex Sergiwa AmCham Investment Acquisition Strategy Slide Deck
Alex Sergiwa AmCham Investment Acquisition Strategy Slide DeckAlex Sergiwa AmCham Investment Acquisition Strategy Slide Deck
Alex Sergiwa AmCham Investment Acquisition Strategy Slide Deck
Alexander Sergiwa
Β 
Leveraging Data to Increase Efficiency and Create Alternative Revenue Streams
Leveraging Data to Increase Efficiency and Create Alternative Revenue StreamsLeveraging Data to Increase Efficiency and Create Alternative Revenue Streams
Leveraging Data to Increase Efficiency and Create Alternative Revenue Streams
Biz2Credit
Β 

Similar to Debt fin philip (20)

Executive Summary
Executive SummaryExecutive Summary
Executive Summary
Β 
How to Finance Your Company
How to Finance Your Company How to Finance Your Company
How to Finance Your Company
Β 
The Capital Raising Ladder
The Capital Raising LadderThe Capital Raising Ladder
The Capital Raising Ladder
Β 
The Transformation Underway in FinTech Lending
The Transformation Underway in FinTech LendingThe Transformation Underway in FinTech Lending
The Transformation Underway in FinTech Lending
Β 
Funding Options for Early-Stage Companies
Funding Options for Early-Stage CompaniesFunding Options for Early-Stage Companies
Funding Options for Early-Stage Companies
Β 
Strategic Capital Partners Pitch Deck
Strategic Capital Partners Pitch DeckStrategic Capital Partners Pitch Deck
Strategic Capital Partners Pitch Deck
Β 
Finance And Business Planning
Finance And Business PlanningFinance And Business Planning
Finance And Business Planning
Β 
Finance And Business Planning
Finance And Business PlanningFinance And Business Planning
Finance And Business Planning
Β 
20 most innovative companies in Fintech Industry
20 most innovative companies  in Fintech Industry20 most innovative companies  in Fintech Industry
20 most innovative companies in Fintech Industry
Β 
Revenue Based Financing Webinar- for Salesforce ISV's
Revenue Based Financing Webinar- for Salesforce ISV'sRevenue Based Financing Webinar- for Salesforce ISV's
Revenue Based Financing Webinar- for Salesforce ISV's
Β 
Venture capital equity funding explained - Paula Mariwala, Seed Fund
Venture capital   equity funding explained - Paula Mariwala, Seed FundVenture capital   equity funding explained - Paula Mariwala, Seed Fund
Venture capital equity funding explained - Paula Mariwala, Seed Fund
Β 
sbm-powerpoint.pdf
sbm-powerpoint.pdfsbm-powerpoint.pdf
sbm-powerpoint.pdf
Β 
Funding Options for SaaS Compaines
Funding Options for SaaS CompainesFunding Options for SaaS Compaines
Funding Options for SaaS Compaines
Β 
Alex Sergiwa AmCham Investment Acquisition Strategy Slide Deck
Alex Sergiwa AmCham Investment Acquisition Strategy Slide DeckAlex Sergiwa AmCham Investment Acquisition Strategy Slide Deck
Alex Sergiwa AmCham Investment Acquisition Strategy Slide Deck
Β 
How to fund your growth for 2015 ? Discover revenue-based financing
How to fund your growth for 2015 ? Discover revenue-based financing How to fund your growth for 2015 ? Discover revenue-based financing
How to fund your growth for 2015 ? Discover revenue-based financing
Β 
Venture Capital Primer Rev6
Venture Capital Primer Rev6Venture Capital Primer Rev6
Venture Capital Primer Rev6
Β 
Four Things Economic Development Prospects Want
Four Things Economic Development Prospects WantFour Things Economic Development Prospects Want
Four Things Economic Development Prospects Want
Β 
Leveraging Data to Increase Efficiency and Create Alternative Revenue Streams
Leveraging Data to Increase Efficiency and Create Alternative Revenue StreamsLeveraging Data to Increase Efficiency and Create Alternative Revenue Streams
Leveraging Data to Increase Efficiency and Create Alternative Revenue Streams
Β 
Entrepreneur Express - Finance
Entrepreneur Express - FinanceEntrepreneur Express - Finance
Entrepreneur Express - Finance
Β 
Funding 101 9-19-17
Funding 101 9-19-17Funding 101 9-19-17
Funding 101 9-19-17
Β 

Recently uploaded

call girls in Sant Nagar (DELHI) πŸ” >ΰΌ’9953056974 πŸ” genuine Escort Service πŸ”βœ”οΈβœ”οΈ
call girls in Sant Nagar (DELHI) πŸ” >ΰΌ’9953056974 πŸ” genuine Escort Service πŸ”βœ”οΈβœ”οΈcall girls in Sant Nagar (DELHI) πŸ” >ΰΌ’9953056974 πŸ” genuine Escort Service πŸ”βœ”οΈβœ”οΈ
call girls in Sant Nagar (DELHI) πŸ” >ΰΌ’9953056974 πŸ” genuine Escort Service πŸ”βœ”οΈβœ”οΈ
9953056974 Low Rate Call Girls In Saket, Delhi NCR
Β 
Call Girls in New Ashok Nagar, (delhi) call me [9953056974] escort service 24X7
Call Girls in New Ashok Nagar, (delhi) call me [9953056974] escort service 24X7Call Girls in New Ashok Nagar, (delhi) call me [9953056974] escort service 24X7
Call Girls in New Ashok Nagar, (delhi) call me [9953056974] escort service 24X7
9953056974 Low Rate Call Girls In Saket, Delhi NCR
Β 
VIP Call Girl in Mumbai Central πŸ’§ 9920725232 ( Call Me ) Get A New Crush Ever...
VIP Call Girl in Mumbai Central πŸ’§ 9920725232 ( Call Me ) Get A New Crush Ever...VIP Call Girl in Mumbai Central πŸ’§ 9920725232 ( Call Me ) Get A New Crush Ever...
VIP Call Girl in Mumbai Central πŸ’§ 9920725232 ( Call Me ) Get A New Crush Ever...
dipikadinghjn ( Why You Choose Us? ) Escorts
Β 
VIP Call Girl Service Andheri West ⚑ 9920725232 What It Takes To Be The Best ...
VIP Call Girl Service Andheri West ⚑ 9920725232 What It Takes To Be The Best ...VIP Call Girl Service Andheri West ⚑ 9920725232 What It Takes To Be The Best ...
VIP Call Girl Service Andheri West ⚑ 9920725232 What It Takes To Be The Best ...
dipikadinghjn ( Why You Choose Us? ) Escorts
Β 
VIP Independent Call Girls in Bandra West 🌹 9920725232 ( Call Me ) Mumbai Esc...
VIP Independent Call Girls in Bandra West 🌹 9920725232 ( Call Me ) Mumbai Esc...VIP Independent Call Girls in Bandra West 🌹 9920725232 ( Call Me ) Mumbai Esc...
VIP Independent Call Girls in Bandra West 🌹 9920725232 ( Call Me ) Mumbai Esc...
dipikadinghjn ( Why You Choose Us? ) Escorts
Β 
Best VIP Call Girls Morni Hills Just Click Me 6367492432
Best VIP Call Girls Morni Hills Just Click Me 6367492432Best VIP Call Girls Morni Hills Just Click Me 6367492432
Best VIP Call Girls Morni Hills Just Click Me 6367492432
motiram463
Β 
VIP Kalyan Call Girls 🌐 9920725232 🌐 Make Your Dreams Come True With Mumbai E...
VIP Kalyan Call Girls 🌐 9920725232 🌐 Make Your Dreams Come True With Mumbai E...VIP Kalyan Call Girls 🌐 9920725232 🌐 Make Your Dreams Come True With Mumbai E...
VIP Kalyan Call Girls 🌐 9920725232 🌐 Make Your Dreams Come True With Mumbai E...
roshnidevijkn ( Why You Choose Us? ) Escorts
Β 
βž₯πŸ” 7737669865 πŸ”β–» Malda Call-girls in Women Seeking Men πŸ”MaldaπŸ” Escorts Ser...
βž₯πŸ” 7737669865 πŸ”β–» Malda Call-girls in Women Seeking Men  πŸ”MaldaπŸ”   Escorts Ser...βž₯πŸ” 7737669865 πŸ”β–» Malda Call-girls in Women Seeking Men  πŸ”MaldaπŸ”   Escorts Ser...
βž₯πŸ” 7737669865 πŸ”β–» Malda Call-girls in Women Seeking Men πŸ”MaldaπŸ” Escorts Ser...
amitlee9823
Β 
CBD Belapur Expensive Housewife Call Girls Number-πŸ“žπŸ“ž9833754194 No 1 Vipp HIgh...
CBD Belapur Expensive Housewife Call Girls Number-πŸ“žπŸ“ž9833754194 No 1 Vipp HIgh...CBD Belapur Expensive Housewife Call Girls Number-πŸ“žπŸ“ž9833754194 No 1 Vipp HIgh...
CBD Belapur Expensive Housewife Call Girls Number-πŸ“žπŸ“ž9833754194 No 1 Vipp HIgh...
priyasharma62062
Β 
VIP Independent Call Girls in Andheri 🌹 9920725232 ( Call Me ) Mumbai Escorts...
VIP Independent Call Girls in Andheri 🌹 9920725232 ( Call Me ) Mumbai Escorts...VIP Independent Call Girls in Andheri 🌹 9920725232 ( Call Me ) Mumbai Escorts...
VIP Independent Call Girls in Andheri 🌹 9920725232 ( Call Me ) Mumbai Escorts...
dipikadinghjn ( Why You Choose Us? ) Escorts
Β 

Recently uploaded (20)

20240419-SMC-submission-Annual-Superannuation-Performance-Test-–-design-optio...
20240419-SMC-submission-Annual-Superannuation-Performance-Test-–-design-optio...20240419-SMC-submission-Annual-Superannuation-Performance-Test-–-design-optio...
20240419-SMC-submission-Annual-Superannuation-Performance-Test-–-design-optio...
Β 
call girls in Sant Nagar (DELHI) πŸ” >ΰΌ’9953056974 πŸ” genuine Escort Service πŸ”βœ”οΈβœ”οΈ
call girls in Sant Nagar (DELHI) πŸ” >ΰΌ’9953056974 πŸ” genuine Escort Service πŸ”βœ”οΈβœ”οΈcall girls in Sant Nagar (DELHI) πŸ” >ΰΌ’9953056974 πŸ” genuine Escort Service πŸ”βœ”οΈβœ”οΈ
call girls in Sant Nagar (DELHI) πŸ” >ΰΌ’9953056974 πŸ” genuine Escort Service πŸ”βœ”οΈβœ”οΈ
Β 
Vip Call US πŸ“ž 7738631006 βœ…Call Girls In Sakinaka ( Mumbai )
Vip Call US πŸ“ž 7738631006 βœ…Call Girls In Sakinaka ( Mumbai )Vip Call US πŸ“ž 7738631006 βœ…Call Girls In Sakinaka ( Mumbai )
Vip Call US πŸ“ž 7738631006 βœ…Call Girls In Sakinaka ( Mumbai )
Β 
Call Girls in New Ashok Nagar, (delhi) call me [9953056974] escort service 24X7
Call Girls in New Ashok Nagar, (delhi) call me [9953056974] escort service 24X7Call Girls in New Ashok Nagar, (delhi) call me [9953056974] escort service 24X7
Call Girls in New Ashok Nagar, (delhi) call me [9953056974] escort service 24X7
Β 
VIP Call Girl in Mumbai Central πŸ’§ 9920725232 ( Call Me ) Get A New Crush Ever...
VIP Call Girl in Mumbai Central πŸ’§ 9920725232 ( Call Me ) Get A New Crush Ever...VIP Call Girl in Mumbai Central πŸ’§ 9920725232 ( Call Me ) Get A New Crush Ever...
VIP Call Girl in Mumbai Central πŸ’§ 9920725232 ( Call Me ) Get A New Crush Ever...
Β 
Toronto dominion bank investor presentation.pdf
Toronto dominion bank investor presentation.pdfToronto dominion bank investor presentation.pdf
Toronto dominion bank investor presentation.pdf
Β 
VIP Call Girl Service Andheri West ⚑ 9920725232 What It Takes To Be The Best ...
VIP Call Girl Service Andheri West ⚑ 9920725232 What It Takes To Be The Best ...VIP Call Girl Service Andheri West ⚑ 9920725232 What It Takes To Be The Best ...
VIP Call Girl Service Andheri West ⚑ 9920725232 What It Takes To Be The Best ...
Β 
VIP Independent Call Girls in Bandra West 🌹 9920725232 ( Call Me ) Mumbai Esc...
VIP Independent Call Girls in Bandra West 🌹 9920725232 ( Call Me ) Mumbai Esc...VIP Independent Call Girls in Bandra West 🌹 9920725232 ( Call Me ) Mumbai Esc...
VIP Independent Call Girls in Bandra West 🌹 9920725232 ( Call Me ) Mumbai Esc...
Β 
Best VIP Call Girls Morni Hills Just Click Me 6367492432
Best VIP Call Girls Morni Hills Just Click Me 6367492432Best VIP Call Girls Morni Hills Just Click Me 6367492432
Best VIP Call Girls Morni Hills Just Click Me 6367492432
Β 
VIP Kalyan Call Girls 🌐 9920725232 🌐 Make Your Dreams Come True With Mumbai E...
VIP Kalyan Call Girls 🌐 9920725232 🌐 Make Your Dreams Come True With Mumbai E...VIP Kalyan Call Girls 🌐 9920725232 🌐 Make Your Dreams Come True With Mumbai E...
VIP Kalyan Call Girls 🌐 9920725232 🌐 Make Your Dreams Come True With Mumbai E...
Β 
8377087607, Door Step Call Girls In Kalkaji (Locanto) 24/7 Available
8377087607, Door Step Call Girls In Kalkaji (Locanto) 24/7 Available8377087607, Door Step Call Girls In Kalkaji (Locanto) 24/7 Available
8377087607, Door Step Call Girls In Kalkaji (Locanto) 24/7 Available
Β 
Webinar on E-Invoicing for Fintech Belgium
Webinar on E-Invoicing for Fintech BelgiumWebinar on E-Invoicing for Fintech Belgium
Webinar on E-Invoicing for Fintech Belgium
Β 
Mira Road Awesome 100% Independent Call Girls NUmber-9833754194-Dahisar Inter...
Mira Road Awesome 100% Independent Call Girls NUmber-9833754194-Dahisar Inter...Mira Road Awesome 100% Independent Call Girls NUmber-9833754194-Dahisar Inter...
Mira Road Awesome 100% Independent Call Girls NUmber-9833754194-Dahisar Inter...
Β 
βž₯πŸ” 7737669865 πŸ”β–» Malda Call-girls in Women Seeking Men πŸ”MaldaπŸ” Escorts Ser...
βž₯πŸ” 7737669865 πŸ”β–» Malda Call-girls in Women Seeking Men  πŸ”MaldaπŸ”   Escorts Ser...βž₯πŸ” 7737669865 πŸ”β–» Malda Call-girls in Women Seeking Men  πŸ”MaldaπŸ”   Escorts Ser...
βž₯πŸ” 7737669865 πŸ”β–» Malda Call-girls in Women Seeking Men πŸ”MaldaπŸ” Escorts Ser...
Β 
CBD Belapur Expensive Housewife Call Girls Number-πŸ“žπŸ“ž9833754194 No 1 Vipp HIgh...
CBD Belapur Expensive Housewife Call Girls Number-πŸ“žπŸ“ž9833754194 No 1 Vipp HIgh...CBD Belapur Expensive Housewife Call Girls Number-πŸ“žπŸ“ž9833754194 No 1 Vipp HIgh...
CBD Belapur Expensive Housewife Call Girls Number-πŸ“žπŸ“ž9833754194 No 1 Vipp HIgh...
Β 
Cybersecurity Threats in Financial Services Protection.pptx
Cybersecurity Threats in  Financial Services Protection.pptxCybersecurity Threats in  Financial Services Protection.pptx
Cybersecurity Threats in Financial Services Protection.pptx
Β 
Kopar Khairane Russian Call Girls Number-9833754194-Navi Mumbai Fantastic Unl...
Kopar Khairane Russian Call Girls Number-9833754194-Navi Mumbai Fantastic Unl...Kopar Khairane Russian Call Girls Number-9833754194-Navi Mumbai Fantastic Unl...
Kopar Khairane Russian Call Girls Number-9833754194-Navi Mumbai Fantastic Unl...
Β 
VIP Independent Call Girls in Andheri 🌹 9920725232 ( Call Me ) Mumbai Escorts...
VIP Independent Call Girls in Andheri 🌹 9920725232 ( Call Me ) Mumbai Escorts...VIP Independent Call Girls in Andheri 🌹 9920725232 ( Call Me ) Mumbai Escorts...
VIP Independent Call Girls in Andheri 🌹 9920725232 ( Call Me ) Mumbai Escorts...
Β 
Lion One Corporate Presentation May 2024
Lion One Corporate Presentation May 2024Lion One Corporate Presentation May 2024
Lion One Corporate Presentation May 2024
Β 
Kharghar Blowjob Housewife Call Girls NUmber-9833754194-CBD Belapur Internati...
Kharghar Blowjob Housewife Call Girls NUmber-9833754194-CBD Belapur Internati...Kharghar Blowjob Housewife Call Girls NUmber-9833754194-CBD Belapur Internati...
Kharghar Blowjob Housewife Call Girls NUmber-9833754194-CBD Belapur Internati...
Β 

Debt fin philip

  • 1. Alternative Funding Sources & Debt Financing Philip G. Korn - Senior Vice President Emerging Technologies Silicon Valley Bank March 3, 2001
  • 2.
  • 3. Chicago, IL Phoenix, AZ San Diego, CA Northern Virginia, VA Boston, MA Atlanta, GA Austin, TX Boulder, CO Seattle, WA Portland, OR Napa Valley, CA Sand Hill, CA Palo Alto, CA Santa Clara, CA Los Angeles, CA Irvine, CA SVB SVB SVB SVB SVB SVB SVB SVB SVB SVB SVB SVB SVB SVB SVB SVB SVB Santa Barbara, CA SVB SVB Sonoma, CA SVB Minneapolis, MN Philadelphia, PA SVB Dallas, TX SVB 25 offices nationwide with clients in all 50 states Silicon Valley Bank is the the source of financial services for early-stage companies throughout the United States…
  • 4. 2000 IPO Clients @Road, Inc. Aclara Biosciences Inc. Advanced Power Technology, Inc. AeroGen, Inc. Alliance Fiber Optic Products, Inc. Applied Molecular Evolution, Inc. Apropos Technology, Inc. Argonaut Technologies Array Biopharma, Inc. AvantGo, Inc. Avenue A, Inc. Centra Software, Inc. Ciphergen Biosystems, Inc. ClickSoftware, Inc. Corillian Corp. CoSine Communications, Inc. CrossWorlds Software, Inc. Cypress Communications, Inc. Deltagen, Inc. DigitalThink Inc. DURECT Corporation Dyax Corp. Eprise Corporation Esperion Therapeutics, Inc. Evergreen Solar, Inc. Evoke Communications, Inc. Exelixis Inc. Genomica Corporation Handspring, Inc. HealthGate Data Corp. iBEAM Broadcasting Corp. I-many, Inc. inSilicon Corporation InterMune Pharmaceuticals Inc. IntraBiotics Pharmaceuticals, Inc. Lightspan Partnership, Inc. Mainspring Communications, Inc. MatrixOne, Inc. McData Corporation Moldflow Corporation Neoforma.com, Inc. Network Engines, Inc. Nogatech, Inc. Nuance Communications, Inc. Numerical Technologies, Inc. OmniSky Corporation Opus360 Corporation OraPharma, Inc. Oratec Interventions, Inc. Organic Inc. Pixelworks, Inc. Quantum Effect Devices, Inc. Rosetta Inpharmatics, Inc. Selectica, Inc. Sequoia Software Corporation Sonic Innovations Inc. Sonus Networks, Inc. Speechworks International, Inc. Support.com, Inc. T/R Systems, Inc. Talarian Corporation Triton Network Systems, Inc. Vicinity Corporation ViryaNet Ltd. webMethods, Inc. Websense Inc. Witness Systems The companies highlighted above represent some, but not all, of Silicon Valley Bank’s current clients which completed initial public offerings during 2000.
  • 5. Q3 2000 IPO Clients
  • 6. Silicon Valley Bank Northern California banking niches include the following: TECHNOLOGY & LIFE SCIENCES - ANGEL / INCUBATOR / BOOTSTRAPPED Emerging Technologies : TECHNOLOGY & LIFE SCIENCES - VENTURE BACKED Online Services Communication & Electronics Software Life Sciences 8
  • 7.
  • 8.
  • 9.
  • 10.
  • 11.
  • 13. Bank Debt Is Defined As: 12 From
  • 14. Debt financing has one key difference from equity: IT MUST BE PAID BACK! 12
  • 15.
  • 16.
  • 17.
  • 18. Debt Financing Vehicles: ( Who, What & When) Stage of Development / Financial Profile R&D Product Launch Market Penetration Maturity Cash Flow Negative Cash Flow Positive Available Debt Financing Venture Leasing Niche Banking Factoring Asset Based Traditional Banking 13
  • 19.
  • 20.
  • 21.
  • 22.
  • 23.
  • 24.
  • 25. Q & A

Editor's Notes

  1. 1
  2. 1