2014-10-21 Montreal Startup Breakfast Club with Guillaume de Tilly-Dion, of SDEV

8/10/2019 2014-10-21 Montreal Startup Breakfast Club with Guillaume de Tilly-Dion, of SDEV

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Financing a startupcompany

By Guillaume de Tilly-Dion, Account Manage

Socit de Dveloppement conomique Ville-Marie


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Presentation

Introduction

Governmental Programs

Crowdfunding

Equity vs Banking

Questions


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Graduate in finance and economy


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10 years of experience in Banking


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Working at SDEVM since January 2014

MR. NICE GUY


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The government and their different pro

The Grants

The power Grants

The loans


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The Grants

STA (18 000$)

Young Promoteur (CLD) (around 10 000$)

Fondation Montreal Inc. ( 5 000$ to 35 000$)

Concours en Entreprenariat du Qubec


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9/17

The loans

Futurpreneur - 45 000$ (15 000$ 30 000$ from BDC)

CLD (Me) Up to 525 000$

BDC- Amazing programs well open to tech company.

Pro Montreal Jewish

Femessor- Women

Fond Afro-entrepreneur- African

Etc


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The loans

With the gouvernementsloan, your capacity to pay back the loan

criteria.


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Crowfunding

- LOOK INTO IT- http://www.fundable.com/


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Banking vs VC

Banking metrics/criteria

VC metrics

What should you do?


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A bankeris a fellow who lends you his umbrella when the sun iswants it back the minute it begins to rain..

Mark Twain
http://www.linternaute.com/citation/3858/le-banquier-est-quelqu-un-qui-vous-prete-son-parapluie-lorsque--mark-twain/http://www.linternaute.com/citation/3858/le-banquier-est-quelqu-un-qui-vous-prete-son-parapluie-lorsque--mark-twain/http://www.linternaute.com/citation/3858/le-banquier-est-quelqu-un-qui-vous-prete-son-parapluie-lorsque--mark-twain/http://www.linternaute.com/citation/3858/le-banquier-est-quelqu-un-qui-vous-prete-son-parapluie-lorsque--mark-twain/http://www.linternaute.com/citation/3858/le-banquier-est-quelqu-un-qui-vous-prete-son-parapluie-lorsque--mark-twain/


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Banking Metrics

Asset base landing ( no cash flow deal for startup)

- Short term asset for short term loan ( line of credit)

-Long term asset for long term loan

Criteria:

- Personal net worth (especially for startup)

-EBITDA ( EBITDA/loan repayment > 1,3)

- CASH FLOW (Cash Flow ratio > 1,2 )- Equity at least 25%


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VC Metrics

Monthly Revenue Growth

Revenue Run Rate

Burn Rate and Runway

Churn (client leaving/total number of client)

Basket Size and Order Velocity

Average Sales Cycle

Long Term Value

Total Addressable Market

Average Wallet Size

Virality rate etc


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What should you do?

FACTS:

- Banking (or any loan) more cost way more if you have a failed- Banks tend to be bad partner on rainy days- VC are willing to take risk and will help you with advice and contact- VC money cost way more if you have a success story- VC are asking for growth and everyone else is asking for profit

Conclusion. letstalk about it!


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Guillaume de Tilly-Dion

[email protected]

Questions????

2014-10-21 Montreal Startup Breakfast Club with Guillaume de Tilly-Dion, of SDEV

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