ARIADNE is… GOING PLATINUM

 

The 2nd INVESTOR FORUM – 15 January 2008

 

 

Ariadne Capital will be hosting its next Investor Forum on the 15th of January 2008 in London, UK.  Its purpose is to create the opportunity to showcase its portfolio companies, to engineer connections for them with target partners, investors, acquiors and talent, and to drive the dialogue on the way industries of tomorrow will be shaped. 

 

The Forum will focus particularly on the Advertising and Search, Digital Music and Content, Life Services [e-Health, Digital Home and Consumer Financial Services] and Communications Technologies and Applications.

 

Amongst those invited will be 250 leading investors, both venture capital firm partners as well as the investment directors of family offices, and leading private investors, as well as the media and analysts, and other leading entrepreneurs.

 

 

WHY GAMECHANGERS?

 

We have selected the theme `Game Changers` as most of Ariadne’s portfolio companies are disruptive – they are changing the rules of the game in their industries.    Our companies range from around £1m to £200m in revenues, and are operating in (on an average of) two continents, and in five countries.

 

Many of our companies are raising capital and actively looking for partnerships, and sponsorship will represent a tremendous opportunity to get in front of them as they pitch their company’s vision and strategy.

 

 

 

PAST INVESTOR FORUMS

 

Ariadne held its 1st Investor Forum at the Institute of Directors on the 28th of June 2007.  The event was attended by nearly 300 investors, corporates, and entrepreneurs.

 

Video clips of the speakers may be seen at: http://www.ariadnecapital.com/journal/v6e3/

 

 

ARIADNE CAPITAL’S VITAL STATISTICS

 

We are a London-based, 12 person-strong, investment and advisory firm focused on the communications, digital media and life services sectors. 

 

 We have 42 founding Investor Members who form Ariadne’s shareholders.  These include some of the most successful technology entrepreneurs including:

 

The founders of:

§                                    AlphaMosaic/Broadcom [Jalal Bagherli],

§                                    Element 14/Broadcom [John Redford],

§                                    BetFair [Andrew Black],

§                                    Hotmail/Microsoft [Sabeer Bhatia],

§                                    Systinet/HP [Roman Stanek],

§                                    WorldPay/RBS [Nick Ogden],

§                                    SES Astra [Candace Johnson],

§                                    Giga/Intel [Finn Helmer], and

§                                    others who have shaped the world we live in today.  

 

 

We have worked with successful companies such as Skype, Kashya and Espotting as advisors in their early stages and well in advance of their exits.   We have a roster of private, high-growth, “tipping point” companies, in which we have equity stakes in 15, including:

 

Digital Media and Music

 

§                                 Independent IP – Digital Music Supply Chain

§                                 Generator X – Lifestyle Recommendation  Engine

§                                 Otodio – Personal Audio Information

§                                 Bizmo – Making Artists and their Fans Business Partners

 

 

Financial Services

 

§                                 DebtResolve – Consumer Debt Settlement and Negotiation

§                                 Monitise Mobile Banking and Payment Services

§                                 Zopa – Peer to Peer Lending and Borrowing

§                                 SquareCash – pre-paid debit cards

 

 

Communications Applications

 

§                                 Momail Free Mobile Email

§                                 SpinVox – Voice-to-Text

§                                 ROK – mobile entertainment group

§                                 CoreBridge – unified communications

 

Ariadne Companies are both clients and portfolio companies where we have equity stakes, both private and public companies across Europe and North America with revenues from zero to £100 million.

 

THE LINE-UP FOR THE DAY  -   PROGRAM

 

The Ariadne Capital Investor Forum will bring together for the day, the senior management of Ariadne’s portfolio companies, leading investors, entrepreneurs, analysts, media and other important members of the entrepreneurial ecosystem.

 

Last year we hosted the Forum at the Institute of Directors, and we will again try for a central London location.

 

The envisaged agenda for the day is as follows:

 

Breakfast

 

Morning

Keynotes from Leading Entrepreneurs

 

David Rowe, Founder of EasyNet, will speak about Growing a Successful Business

 

David founded Easynet, as a U.K. business ISP in 1994 following a successful start-up in the Enterprise software market.  The company went public in 1996, reversed into Marconi’s fibre optic business in 2001, and was acquired by BSKYB in February 2005. Easynet is now the Telecoms arm of Sky and services multinationals with mission critical IP networks and hosting solutions globally.  David remains CEO of Easynet and is a member of the Sky exec team.  In addition, David is responsible for the business to business part of BSkyB’s core services (www.business.sky.com), Skybet (www.skybet.com) and UKOnline the SME/SOHO service (www.ukonline.net).

Stefan Glaenzer, Chairman of last.fm, will speak about the last.fm success story

 

Former executive chairman and first investor of Last.fm, Stefan Glaenzer is also actively involved as founder and CEO with myblog.de, the largest blogging community in Germany. Stefan is a serial entrepreneur and angel investor: in 1998 he co-founded ricardo.de, Germany’s biggest online-auction company, which he took to an IPO at Neuer Markt in 1999. The company became a member of the Nemax50 and was sold to QXLricardo in 2000. Since completing his academia in 1991, he has founded several companies in the media space: an advertising company, a book publishing company, a TV production company and 1996 “cu”, Germany’s first print magazine about the internet.

 

Stefan lives in London and is an active angel investor (currently 15 european investments); he is teaching entrepreneurship at the WHU University. He has won several awards, including the German Multimedia Award in 1999 and the Web-Leadaward in 2007. Stefan graduated from the University of Hamburg with a PhD in foreign exchange risk management and was a professional DJ for 15 years.

 

Mark Rowland, Chairman of the Indie Media Group, will speak about the MediaTech Revolution

Mark has achieved commercial and creative success in media on both sides of the Atlantic.

In 2007 he is overseeing the rapid expansion of Indie activities, including the newly launched online investment venture, Virtual Indie and the rapid growth of Indie Music.

Mark is also Executive Producer of the shows Indie TV has brought to the USA – including the current ABC primetime hit Supernanny. He was also Executive Producer of Brat Camp for ABC in 2005.

 

In 2005/6 alongside the growth of Indie TV, he launched Tamares Media, for the Tamares investment group and has specifically been advising Tamares on media and entertainment opportunities relating to their real estate holdings in Las Vegas.

 

In 2004 Mark combined the launch of Indie TV with becoming the CEO of the participation TV company Red Fig Ltd. Mark completed the sale of Red Fig to ETV in 2005.

 

 

Until the end of 2003, Mark was Managing Director of Television Corporation International and Mentorn International. At the TV Corporation he developed the global interests of its two production companies, Mentorn and Sunset + Vine. In 2003 he landed the year’s biggest reality order from a US network from FOX for Paradise Hotel. In 2003 he won the Queen’s Award for Enterprise for success in International Television.

 

Mark was also responsible for building the hugely successful Robot Wars franchise which between 1998 and 2003 reached over 50 countries and was produced for both the BBC and Nickelodeon in the USA. In 2001 Mark was Executive Producer of Challenge America with Erin Brockovich for ABC Television.

 

Through the nineties as a Director of Mentorn Films, Mark devised and managed diverse programme and business ventures – launching Mentorn’s subsidiaries Worldwide Entertainment News and Mentorn Radio. Mark also launched and produced Today’s the Day the award-winning daily game show which ran for 7 years and over 850 episodes on BBC2. Mark started his career as BBC producer and journalist.

 

Arjo Ghosh, founder of SpannerWorks, acquired by iCrossing, will speak about the intersection of social networking and search.

 

Arjo Ghosh is founder and Chief Executive of Spannerworks. He formed the company in 1997 - initially to provide innovative technical solutions for websites. He quickly realised that the phenomenal growth of the internet would lead to search becoming its natural gateway for consumers.  So, a year after Spannerworks’ inception, and prior Google’s rise to prominence, Arjo used his company’s technical strength to develop search marketing strategies for major brands including GSK, HBOS, Virgin, Woolworths and Standard Life.

Today, Spannerworks is responsible for keeping international blue-chip businesses at the top of search engine listings. Arjo sees the growing influence of personalisation tools, online audience segmentation, and burgeoning social networks as key issues for the marketing-communications industry. This is why Spannerworks has pioneered the integration of social network tools into its search marketing strategies.

Arjo has a degree in English Literature, and lives with his wife and daughter in Brighton.

 

Find videos from last Investor Forum’s keynotes at this link:   http://www.ariadnecapital.com/journal/v6e3/

 

Candace Johnson

Candace Johnson is an international telecommunications expert and entrepreneur. She is co-initiator of the Astra satellite system and SES Global, the largest satellite system            in the world. She is also founding President of Europe Online, the world’s first and largest Internet via Satellite network, and founder of Loral Cyberstar-Teleport Europe, Europe’s first independent private trans-border satellite communications network. Ms. Johnson is also founding. President of the VATM, the Association of Private Telecom Operators in Germany and founding President of the Global Telecom Women’s Network – www.gtwn.org.

Candace has continued to be a long-time Member of the Board of Directors of all of these companies and organizations at various times throughout the years.  Currently, Ms. Johnson is also President of Johnson Paradigm Ventures (JPV).  JPV is a principal founding shareholder with AXA, Caisse des Depots, Bayerische Landesbank, and the SPEF in Sophia Euro Lab,  Europe’s first trans-border early-stage investment company based in Sophia Antipolis. Ms. Johnson is a Member of the Board of Directors of Sophia Euro Lab.

In her personal capacity, Ms. Johnson is a minority owner of FMN, a German telephone manufacturing company, and a member of their Supervisory Council.  She is also a minority owner of Alpha Com, a wireless data manufacturing company. Ms. Johnson is also a Member of the Board of Tornado Technologies, a 3D “Power Point” technology company, as well as a member of the Advisory Board of numerous European and US ventures.

Ms. Johnson was also Vice President Worldwide of Iridium and brought it into the GSM MoU, the ITU and ETSI, and was Director of Marketing for the German manufacturing company Fuba.

 

 

Lunch

 

 

Afternoon

 

 

Panel Discussions in Key Industry Sectors:

 

·         Programme I – Digital Music (Appendix 1)

 

·         Programme II – Mobile Content  (Appendix 2)

 

·         Programme III – The  future of search  (Appendix 3)

 

 

Corporate Presentations by the CEO’s of leading high-growth firms

 

 

 

 

Appendix 1

 

PROGRAMME I – DIGITAL MUSIC – Chaired by Clive Rich, Head of Ariadne’s Digital Music Practice

 

"Reasons to be cheerful" - A new value chain for music

 

Subjects:

 

1.                                  Where has the record industry gone wrong?

 

Possible subjects for discussion:

 

-  Erosion of CD market – is it a result of illegal file-sharing?

 

-  Failure to quickly embrace the digital revolution.

 

-  Insistence on DRM.

 

-  Failure to engage consumers.

 

-  Slow to embrace new business models.

 

-  Ceding of distribution control to Apple/i-pod, etc.

 

-  Inefficient digital supply chain.

 

 

2.                                  Why is it that the Music Industry - as opposed to the Record Business- remains in rude health?

 

Possible subjects for discussion:

 

- Music has never been more popular - over 500 legitimate Digital Music Platforms exist in Europe. 

 

- The Live Music sector is powering ahead.

 

- Convergence of platforms and channels creates many opportunities for Music as different services seek to distinguish themselves from the competition (eg MNOs, Broadcasters, handset manufacturers, game-device manufacturers).

 

- Brands are prepared increasingly to recognise Music's power to engage consumers and pay for it – e.g. Prince/Mail on Sunday tie-up.

 

- Artists can now reach market directly - through MySpace, Bebo, YouTube etc.

 

- Other entrants are creating new partnerships for Music – e.g. Live Nation/Madonna tie-up, Channel 4/Sony Ericsson and 3 unsigned artist platforms.

 

 

3.                                  Where are the big wins for the Music Business generally going forward?

 

Possible subjects for discussion:

 

 

 

- Curation/navigation services (eg Pandora, Lastfm and now Gen X)

 

- Stand-out User experiences with perceived Quality (eg Artistlog)

 

- Creation of 360 degree Artist experiences (Gen X, Lickerish, Artistlog)

 

- Involvement of consumer armies to marshal marketing and distribution through `word of mouth` (eg Bizmo)

 

- Empowerment of Artists to reach market directly (Artistlog, IndependentIP)

 

- Use of the power of celebrity to cut through the digital clutter (Gen X, Lickerish, Artistlog)

 

- Use of Music and Artists as a source of highly-targeted data for Brands (Gen X, Lickerish, Bizmo, Artistlog)

 

- Use of Music platforms as a trail blazer for other content services such as TV distribution (Gen X, Artistlog)

 

- Sophisticated digital distribution platforms that can embrace all these new channels/partners more effectively and/or at lower cost (IndependentIP, Lickerish)

 

 

 

Appendix 2

 

PROGRAMME II – MOBILE CONTENT – Chaired by Fraser Harding, Ariadne’s CTO in Residence

 

Mobile content: upload, download, sideload….loads of expectation, but who will make the money going forward?

 

Subjects;

 

1.                                  “The market for premium mobile content has hit a brick wall…. the growth from traditional revenue generators like ringtones and images has ground to a shuddering halt in a number of advanced markets.” – Informa

 

Possible subjects for discussion:

 

 - Are ring tones, wallpapers etc despite have enjoyed a surprisingly good run, running out of steam?

 

- Is it because consumers have new ways to personalise?

 

- Is it because consumers increasingly have other means of capturing, creating and enabling

personalisation?

 

- What will be the impact of flat rate data tariffs opening the door to a wider world of content (‘3’s X-series with slingbox/orb)

 

- What will be the new engines for growth?

 

- Mobile TV

 

- Music

 

- News and informational services

 

- Other personalised and personalisation services

 

 

2.                                  Who will be the new king pins in content discovery and delivery?

 

Up until 2007 this has largely been the mobile network operators through their portals, however things are changing and fast.  Who will lead the space in future?

 

Possible subjects for discussion:

 

- Nokia and other handset manufacturers

 

- iPhone/iTunes

 

- Google and other search engines/portals

 

- ROK and other Innovative specialists

 

- Facebook and other social networks?

 

 

3.                                  Mobile content has largely followed a “traditional” publishing model where content providers, deal with aggregators who package and distribute through portals. Will this continue to predominate?

 

Possible subjects for discussion:

 

- Will adhoc user networks such as MoMail take over as distribution means?

 

- With more sophisticated users and devices, will content creators go direct? (like in the music industry)

 

- Will social network platforms or specialists such as the Bizmo support this trend?

 

 

4.                                  How will value be extracted and who will get the lion’s share?

 

Possible subjects for discussion:

 

- Operators are no longer the gatekeeper so who can