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    Erik Hormein is VP of Investment at BRI Ventures. He discusses different business models such as manufacturing, trading, and services. He then provides examples of debt versus equity investment scenarios. Debt investments have higher chances of repayment but are risk-averse, while equity investments have lower chances of success but are more risk-tolerant. Finally, he discusses how venture capital works, with VCs purchasing shares of private companies in hopes of selling at a higher price later and returning profits.

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    Erik Hormein is VP of Investment at BRI Ventures. He discusses different business models such as manufacturing, trading, and services. He then provides examples of debt versus equity investment scenarios. Debt investments have higher chances of repayment but are risk-averse, while equity investments have lower chances of success but are more risk-tolerant. Finally, he discusses how venture capital works, with VCs purchasing shares of private companies in hopes of selling at a higher price later and returning profits.

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    9 views5 pages

    Negotiation & VC

    Uploaded by

    djiwdo
    Erik Hormein is VP of Investment at BRI Ventures. He discusses different business models such as manufacturing, trading, and services. He then provides examples of debt versus equity investment scenarios. Debt investments have higher chances of repayment but are risk-averse, while equity investments have lower chances of success but are more risk-tolerant. Finally, he discusses how venture capital works, with VCs purchasing shares of private companies in hopes of selling at a higher price later and returning profits.

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    © All Rights Reserved
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    of 5

    Erik Hormein

    VP Investment in BRI Ventures


    AMVESINDO
    Negotiation & VC Capital Intro
    • Manufacturing : produce something from raw material
    • Andreas : Pet & Co : powdered vitamin for cats & Dogs
    • Trading : buy & sell
    • Fund Manager
    • Venture Capital : Private Company stocks/shares
    • Get Money, we purchase company stocks, sell it at a higher price, then we return the money

    • Service : no inventory
    • Zacharia : mengasihi : powderize breast milk
    • Fachmi : V Debut : Vtuber
    BUST Scenario Debt Equity
    Investment 10 Bio 10 Bio
    Debt : High chance of success = Repayment
    Ownership 0% 20%
    capability
    Interest p.a 10% 0% 5C
    Year 1 1 Risk Averse
    Character : SLIK
    Remaining Asset 7 Bio 7 Bio Capacity : 10 Bio revenue per annum
    Repaid back 10 Bio + Interest 1 1,4 Bio Collateral : Jaminan
    Bio Capital :
    Condition :
    Success Scenario Debt Equity
    Investment 10 Bio 10 Bio Equity : Low chance of success
    Risk Tolerant
    Ownership 0% 20%
    Character : SLIK
    Interest p.a 10% 0% Capacity : 10 Bio revenue per annum
    Year 1 1 Collateral : Jaminan
    Capital :
    Remaining Asset 20 Bio 20 Bio
    Condition :
    Revenue 10 Bio 10 Bio
    Repaid back 10 Bio + Interest 1 4 Bio (20% asset) +
    Bio 2 bio (20% revenue
    per year)
    VC : A Raisa : Quartet Studio

    Buyer Seller
    VC: Buy Low Company : Sell High Asset = Liability + Equity
    Funding Source :

    Liability :
    -*Grant/competition*
    Stock
    (ownership -Loan (bank/p2p/family/etc)
    of a 1. Need to be repaid + fixed interest
    company)
    2. Debt holder are paid first

    Equity :
    20% ownership
    Revenue p.a = 10 Bio -Equity (founders or other
    Total Asset = 50 Bio shareholders)
    100% company =
    3. Does not need to be repaid
    Seller 4. Repaid thru Dividend + Capital
    Dividend : 2 Bio pa
    100% company = 200 Bio Gain
    Asset : 10 Bio
    20 % company = 40 Bio
    Buyer : (5*2 bio) + 10
    Why : future cashflow
    FV : 20
    20% inter : 15 Bio
    How to value company :
    Raisa Tendi 1. DCF
    Quartet Studio Titik0 : Multimedia 2. Multiples
    20% ownership Variable x Multiple = Valuation
    Revenue p.a = 1 Bio Historical Revenue (10) x 0.75 = 7.5
    100% company = Total Asset = 10 Bio Projected Revenue (20) x 0.75 = 15
    Buyer Projected Revenue (20) x 0.50 = 10
    Dividend : 2 Bio pa 100% company : 25 Bio Projected Revenue (30) x 0.50 = 15
    Asset : 10 Bio
    Buyer : (5*2 bio) + 10 Seller
    FV : 20 Revenue p.a = 1 Bio x 7.5 =
    20% Discount Rate : 7.5 Bio for 100%
    15 Bio for 20% Total Asset = 10 Bio x 1.5 = 15
    Bio for 100%
    100% = 75 Bio
    Revenue p.a = 10 Bio
    Rev Multiple = 7.5 x
    Total Asset = 50 Bio
    Asset Multiple = 1.5

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