Bailador Technology Investments Ltd · ASX:BTI
Bailador Technology Investments — Investor Presentation (June 2015)
18 slides from Bailador Technology Investments's investor presentation, Jun 2, 2015
Slide 1: Bailador Technology Investments Limited (ASX:BTI)
For personal use only Bailador Technology Investments Limited (ASX:BTI)
Slide 2: Disclaimer
Disclaimer Bailador Technology Investment Ltd (Bailador) does not accept liability to any person, organisation or company for any loss or damage suffered as a result of reliance on this document. All statements other than statements of historical fact are, or may be deemed to be, forward-looking sta
Slide 3: Contents
Contents For personal use only 1. 1 BTI core proposition 2. 2 Investing in internet related businesses 3. 3 Management of Bailador Technology Investments 4. 4 Funding stages for internet related businesses 5. 5 Risk management and return 6. 6 The BTI portfolio 7. 7 Why invest in Bailador Technology
Slide 4: BTI Core Proposition
BTI Core Proposition Providing exposure to the technology sector the smart way For personal use only • Technology is reshaping almost every industry Access to the high • Creating high growth companies with huge growth technology potential upside sector • Access to these companies is available throug
Slide 5: Investing in Internet-Related Businesses
Investing in Internet-Related Businesses For personal use only Internet related companies in all economic Investment in internet-related companies sectors are delivering far higher returns to BUT requires specialist knowledge and expertise investors than their traditional rivals 3yr share price appr
Slide 6: Management of Bailador Technology Investments (BTI)
Management of Bailador Technology Investments (BTI) David Kirk and Paul Wilson have worked together for 5 years, and have For personal use only demonstrated great success in building the Bailador portfolio David Kirk Paul Wilson • 25 years of corporate management • 19 years of private equity investi
Slide 7: Funding Stages for Internet Related Businesses
Funding Stages for Internet Related Businesses BTI enables retail investors to invest alongside Silicon Valley and other For personal use only “Expansion Stage” investors at a high return stage of the funding chain Expansion Start Up Early Stage Stage IPO Listed • Friends and • Friends and • Investm
Slide 8: Risk-Return Profile of Investing
Risk-Return Profile of Investing Size and stage of development determines the risk-return profile for internet- For personal use only related companies as for all companies Return Start Up Early Stage Expansion Stage Large Listed Risk Expansion stage investing is lower risk than start-up, while reta
Slide 9: Risk Management and Return
Risk Management and Return BTI manages risk through contractual rights and deep involvement with For personal use only management, unavailable to individual investors in public companies Risk Management Implication Feature The BTI approach Start Return reduces risk but Up Seniority in capital struct
Slide 10: Example of Risk Management
Example of Risk Management As long as the business is sold for more Through its conversion rights, BTI For personal use only than BTI’s entry cost for a minority position, receives full participation in equity upside BTI will receive all principal invested achieved “Downside” Example “Upside” Exampl
Slide 11: The BTI Portfolio: SiteMinder
The BTI Portfolio: SiteMinder is the world leader in hotel channel management and distribution For personal use only solutions for online accommodation bookings BTI Cost What excites us about • $18.8m « It is the world leader in its space for April ‘15 technology, market position, and scale. • $25.
Slide 12: The BTI Portfolio: Viocorp
The BTI Portfolio: Viocorp is a leading platform provider for publishing and broadcasting video For personal use only content through the web, IPTV and mobile services BTI Cost What excites us about • $16.4m « Viocorp has proven that its technology is as April ‘15 good as any in the world. • $18.2m
Slide 13: The BTI Portfolio: SMI
The BTI Portfolio: SMI is an independent aggregator of a unique source of advertising data in 53 For personal use only countries BTI Cost What excites us about • $5.5m « SMI has exclusive access to very valuable April ‘15 data, and has developed sophisticated • $5.5m systems to extract and manipula
Slide 14: The BTI Portfolio: iPRO
The BTI Portfolio: iPRO is a specialised provider of cloud based vendor management software For personal use only helping large corporates and government manage their contracting vendors BTI Cost What excites us about • $5.5m « It takes advantage of major industry trends: (1) April ‘15 outsourcing,
Slide 15: BTI Portfolio
BTI Portfolio The BTI Portfolio investments themselves have increased in value by 17.5% For personal use only since IPO in November 2014 30 Apr 15 Position & Upside Potential Value ($m) 25.0 World leader in travel distribution technology growing rapidly in a strategically valuable space 18.2 Regiona
Slide 16: Dividends and Manager Remuneration
Dividends and Manager Remuneration The Manager does not get paid any Performance Fee on unrealised gains. For personal use only Cash must first be received into the fund. • Cash dividends will be paid when portfolio investments are sold. Dividends • Dividends will be franked. • The Manager intends t
Slide 17: Why Invest in Bailador Technology Investments?
Why Invest in Bailador Technology Investments? A unique opportunity: exposure to fast growth technology businesses at a stage For personal use only typically available only to sophisticated investors in private funds • 4 existing investments • Combined 44 years of all growing strongly, all corporate
Slide 18: Thank You
For personal use only Thank You www.bailador.com.au www.siteminder.com www.viocorp.com www.standardmediaindex.com www.iprolive.com 18
Bailador Technology Investments — Investor Presentation (June 2015) on 6ix