Suro Capital Corp. · NASDAQ:SSSS
Suro Capital — GSV Capital — Q3 2013 Earnings Presentation
17 slides from Suro Capital's earnings presentation, Nov 12, 2013
Slide 1: Third Quarter 2013
Third Quarter 2013 Invest in tomorrow ’ s stars. Today. NASDAQ: GSVC GSV financial data as of 9/30/13
Slide 2: Forward Looking Statement
Invest in tomorrow ’ s stars. Today. Forward Looking Statement This presentation contains forward looking statements that involve substantial risks and uncertainties . All forward - looking statements included in this presentation are made only as of the date hereof and are subject to change without
Slide 3: Top 10 Investments
Top 10 Investments Invest in tomorrow ’ s stars. Today. Investment Growth Theme % of Portfolio NAV Investment Thesis Social / Mobile 17.6% High - growth model with potential significant network effects + high engagement Cloud 10.3% Superior, highly efficient customer - specific products for fraud de
Slide 4: Twitter Today
The largest REAL - TIME communications, search and ad network in the world, connecting you to the latest stories, ideas, and opinions that matter to you most. Twitter Today… GSV Cost Basis per Share Fair Value per Share as of 9/30/13 Closing Price 11/11/13 First Day Pop $17.21 $23.56 $43.00 74% Inve
Slide 5: Twitter Fast Facts: Usage
Number of Monthly Active Users (MAUs) 232M International – Monthly Active Users 179M U.S. – Monthly Active Users 53M Tweets per Day 500M Unique Daily Active Users 100M Source: Twitter S - 1 Twitter Fast Facts: Usage Invest in tomorrow ’ s stars. Today. 5
Slide 6: Twitter Fast Facts: Financial
LTM Revenue $535M % of Revenue from Ads 91% Ad Revenue Growth Rate Mobile Usage is Mobile Ads Represent 124% 77% 70% of Revenue CPM – March 2012 CPM – September 2013 $1.70 $2.58 Twitter Fast Facts: Financial Invest in tomorrow ’ s stars. Today. 6 Source: Twitter S - 1
Slide 7: Monthly Active Users
Millions Monthly Active Users Invest in tomorrow ’ s stars. Today. 7 Source: Twitter S - 1
Slide 8: Views: Worldwide
Views in billions Trending towards a trillion views by 2014 Timeline Views: Worldwide Invest in tomorrow ’ s stars. Today. 8 Source: Twitter S - 1
Slide 9: Social Tailwind
Social media has surpassed traditional media portals M o n t h l y T i m e S p e n t ( B s o f M i n u t e s ) 0 50 100 150 200 6/09 12/08 6/09 12/09 6/10 12/10 6/11 12/11 6/12 6/13 Portals Social Networking Sites Social Tailwind Invest in tomorrow ’ s stars. Today. 9 Source: AlwaysOn, GSV Estimates
Slide 10: Mobile Tailwind
Mobile usage is increasing while ad spend is converging – huge growth potential $30 Billion Opportunity in U.S. Mobile Tailwind Invest in tomorrow ’ s stars. Today. 10 Source: eMarketer, GSV Estimates
Slide 11: Video Tailwind
5 Tweets per second contain a Vine link Video Tailwind Invest in tomorrow ’ s stars. Today. 11 Source: iOS App Store in June 2013, Excluding Games, TeamWorks Media
Slide 12: Second Screen Tailwind
77% of people use an electronic device while watching TV 67% of people age 18 - 34 are using Twitter while watching TV Second Screen Tailwind Invest in tomorrow ’ s stars. Today. 12 Source: eMarketer
Slide 13: Opportunity to Dominate Next Gen Devices
Smartwatches Eye wear Opportunity to Dominate Next Gen Devices Invest in tomorrow ’ s stars. Today. 13
Slide 14: Highly Leverageable Model
$ Promoted Tweets Promoted Trends Promoted Accounts MoPub Ad Networks e - Commerce Data Distribution App Ecosystem Highly Leverageable Model Invest in tomorrow ’ s stars. Today. 14
Slide 15: Interest Graph v. Social and Professional Graph
Interest Graph v. Social and Professional Graph Invest in tomorrow ’ s stars. Today. 15 Market caps as of Nov. 11, 2013. FB MAUs from Q3 2013 Earnings, Twitter MAUs from Twitter S - 1, LNKD Members from Q3 2013 Earnin gs Source: Market capitalization as of Nov. 11, 2013. Facebook MAUs from Q3, 2013
Slide 16: GSV Financial Highlights
GSV Financial Highlights Dollars Dollars per Share Operating Expenses ($3,013,789) ($0.16) Realized Loss ($162,569) ($0.01) Unrealized Appreciation $8,892,104 $0.46 Net Increase in Net Assets $5,715,746 $0.29 Net Asset Value $254,322,995 $13.16 For the three months ending September 30, 2013 Invest i
Slide 17: Investor Relations Contact
Invest in tomorrow ’ s stars. Today. Investor Relations Contact: Financial Profiles, Inc. Tricia Ross or Kristen McNally 650.235.4769 GSV@financialprofiles.com Visit and Follow GSV Capital: @GSVCap www.gsvcap.com