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Tynax is a global platform that facilitates technology transfer through outsourced innovation, open innovation, and distributed development. With a critical mass of listings and a world-class team, Tynax is the most compelling marketplace for growth in technology transfer.
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Market Trends • Outsourced innovation • Open innovation • Distributed development • Interoperability • Out-licensing • In-licensing • Growth in technology transfer
Tynax • Facilitates technology transfer • Critical mass • Most compelling marketplace • Landmark deals closed • Pipeline of marquee sales prospects • World-class team
Why Hasn’t Such an Obvious and Necessary Marketplace Developed Before? • Failure to attain a critical mass of listings Nearest competitor has less than 2,500 listings
Why Hasn’t Such an Obvious and Necessary Marketplace Developed Before? Tynax consolidated almost the entire universe of listings on day one
Competitive Landscape Stronger Tynax Thomson & Delphion (patents) Reed Elsevier & Lexis Nexis Technology News & Information Moreover (news) PharmaLicensing Google News Utek Ocean Tomo Yet2.com Stronger Technology Marketplace
Business Model Trading exchange with investment banking services. • Seller-side services • Buyer-side services • Transaction commission • Sale of research & information
Jon Rortveit, CEO • 20 years executive experience building teams and growing companies globally • As VP Marketing took European startup from $3-100m • As President started and grew US subsidiary from $0-50m • As Founder and CEO started and grew own consulting business to $2m • Active advisor to government organizations in Japan, Korea, Mexico
David Smith, Founder • Technology entrepreneur for over 20 years • Former Apple World Marketing Manager • Author of the book Zero-to-IPO • Accomplished speaker on technology & entrepreneurship • Built successful companies in Europe & the U.S. • Studied computer science, economics, marketing & law.
Sales Channels • Direct Sales Teams • Corporations • Universities & govt. sponsored research groups • Developer groups & other aggregators • Brokers • Web-Generated Sales • Independent developers • Broker Network • Brokers receive volume discount on listing & other fees • Transaction commissions split • Broker responsible for collecting transaction commissions
Momentum • World’s Largest Technology Marketplace—almost 50,000 technologies. • World’s Most Comprehensive Technology News Service—over 800,000 articles. • Buy-side Deals Closed. • Sell-side Deals Closed. • Transactions Taking Place. • Pipeline of Marquee-Name Sales Prospects.
Financials • Model driven by sales recruitment & productivity • $750k/year target • 12 month ramp up • Break-even within 2 years • Product development already completed • Fixed costs extremely low • Low burn rate • Profitable model • Costs driven by sales activities
Investment Opportunity • Tynax, Inc. • Delaware ‘C’ corporation • Series ‘A’ round Preference shares • Stock option pool already established • Proceeds applied to sales ramp-up & working capital • Series ‘A’ sufficient to reach break-even and exit • Investor profile—major VC able to provide sales introductions
Risk Factors • Technology • Technology developed & released • Market • Hot growth market • Customer traction • Few serious competitors • Execution • Conventional B2B sales force • Conventional B2B marketing • Conventional sales support • Leverage traditional channels of distribution • Financial exposure • Healthy cost structure