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500 Startups Canada

September 2016

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Warm lead from

the 500 Network

Two+ investment

team members

review opportunity

Legal review

/ 500 Canada: Summary

How we aim to become the most active and best

performing seed stage VC fund in all of Canada

• Get access to the best deal flow, coast to coast

• Pick the top entrepreneurs and start-ups

• Solid investment model, lots of small bets, diversified portfolio

• Leverage the 500 Startups network in Sillicon Valley and

worldwide

• Leverage 500 Startups’ accelerators and growth marketing

expertise

• #HFGSD

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//$257M in AUM2 1,540+ Portfolio Companies Since July 2010

500 Startups Is the Most Active Seed Investor in the World1

The various geographies highlighted in the map result from investments we have made across all 500 Startups funds.

1. CB Insight https://www.cbinsights.com/blog/2015-early-stage-investors/

2. Approximated as of May 31, 2016 and includes the following 500 Startups funds: (a) 500 Startups, L.P. and 500 Startups-A, L.P. (together, “Fund I”), (b) 500 Startups II, L.P. and 500 Startups II-A, L.P.

(together, “Fund II”), (c) 500 Startups III, L.P. and 500 Startups III-A, L.P. (together, “Fund III”), (d) 500 Startups IV, L.P. and 500 Startups IV-A, L.P. (together, “Fund IV”), (e) 500 Startups Annex Fund,

L.P. (“Annex”), (f) 500 Luchadores, L.P. (“Luchadores”), (g) 500 Durians, L.P. (“Durians”), (h) 500 Mobile Collective, L.P. (“Mobile Collective”), (i) 500 Kimchi, L.P. (“Kimchi”), (j) 500 TukTuks, L.P. (“Tuk

Tuks”), (k) 500 Startups JP, L.P. ("Japan”), (l) 500 Startups Istanbul, L.P. ("Istanbul”), (m) 500 Nordics, L.P. (“Nordics”), (n) 500 Falcons, L.P. (“Falcons”), (o) 500 Kulfi, L.P. (“India”), and (p) 500 Fintec

h, L.P. (“Fintech”), and (q) 500 Startups Canada, L.P. (“Canada”).

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website: 500.co

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• 500 Startups: 130 staff, 18 countries, back office

• 3000+ founders, 250+ mentors

• Talk to the right experts during due diligence

• Leverage connections for our startups (hiring, advisors,

partnerships, M&A, etc.)

• Find the right investors for follow-on rounds

• Our startups will have access to the accelerators and

growth marketing education

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Legal review Partner approval

Angel Pre-Seed Seed Post-Seed Series A/B Growth

How We Deploy Capital

Selection Criteria – Data-Driven Process Based on Pre-defined Metrics• Product or service solves a problem for a specific target customer

• Capital-efficient business; operational at less than $1M in external financing

• Scalable internet-based distribution (search, social, mobile) or proven ability to scale sales

• Functional prototype required before investing (or previous product success)

• Measurable traction: engaged users, some revenue, and attractive unit economics

• Cross-functional team with design, engineering and marketing expertise

General Investment Strategy of all 500 Startups Funds:

Average First Check: $150K

Follow On Checks: $250-500K

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Sectors Selected Companies

E-COMMERCE

B2B & SAAS

VIDEO

MOBILE & TABLET

EDUCATION

FINTECH

DATA SCIENCE (AI/MACHINE LEARNING)

IoT & HARDWARE

REAL ESTATE TECH

Companies are representative of investments across all 500 Startups funds and are not necessarily held in Fund IV.

Investment themes represented are indicative of 500 Startups’ previous investment themes and while they represent Fund IV’s current investment strategy, this may vary at the discretion of Fund IV’s

general partner.

Investment Categories

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// The 500 Canada Team

Dave McClure

Founding Partner

San Francisco

Sanjay Singhal

Managing Partner

Toronto Neha Khera

Partner

Toronto

David Dufresne

Partner

Montreal

Mike Cegelski

Managing Partner

Montreal

Emily Dagneau

Community Manager

Toronto

Patrick Lor

Managing Partner

Calgary

Dave Bureau

Associate

Montreal

1 500’s Global Principle – Have Fun, Get Shit Done

#HFGSD1

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// The 500 Montreal Team Contact Info

David Dufresne: daviddufresne@500.co

Dave Bureau: davidbureau@500.co