McCombs Alumni Business Conference
Agenda What is Jon Brumley Texas Venture Labs (TVL)? TVL Programs TVL Venture Partners TVL Practicum TVL Venture Expo TVL Scholarship Competition TVL Investment Competition Accomplishments How You Can Get Involved 2
What is Texas Venture Labs? Cross-campus, applied curriculum and programs to fund startup companies Work with graduate-student lead companies and startups from the Austin ecosystem Funded and run like the businesses we nurture Results oriented, highly focused Looks and acts like a venture fund but has no direct access to capital which is a good thing Accelerates time to capital, 40% of portfolio receives funding post-engagement 3
Jon Brumley Texas Venture Labs Venture Partner Program TVL Practicum TVL Scholarship Competition TVL Investment Competition
Jon Brumley Texas Venture Labs Venture Partner Program TVL Practicum TVL Scholarship Competition TVL Investment Competition
Venture Partner Program Mikaela Berman MS in Technology Commercialization Mark Lampton MBA Ryan McKeeman MS in Architecture 6
Venture Partner Program Stephanie Guttman MBA Ariel Kayne MS in Technology Commercialization 7
Jon Brumley Texas Venture Labs Venture Partner Program TVL Practicum TVL Scholarship Competition TVL Investment Competition
TVL Accelerator and Venture Expo TVL Students 30 45 Associates and Principals Schools: MBA, Natural Sciences, Engineering, Law, Pharmacy TVL Companies 10-15 Companies Industries: Consumer Goods and Services, Life Sciences, Technology TVL Accelerator Venture Expo 9
TVL Practicum Student Breakdown CNS, 4 Pharm, 3 Law, 7 MBA, 16 ENG, 6 30 Associates 6 Principals 5 Schools / Colleges 6 Technology 4 Life Sciences 2 CPG 10
TVL Practicum Student Breakdown LBJ, 1 MSTC, 1 CNS, 5 Pharm, 1 MBA, 15 Law, 5 ENG, 10 38 Associates 7 Principals 6 Schools / Colleges 8 Technology 4 CPG 2 Life Sciences 11
Jon Brumley Texas Venture Labs Venture Partner Program TVL Practicum TVL Scholarship Competition TVL Investment Competition
TVL Scholarship Competition 2013 2014 Plot Guru Insight 2015 2016 Winners 13
Jon Brumley Texas Venture Labs Venture Partner Program TVL Practicum TVL Scholarship Competition TVL Investment Competition
TVL Investment Competition 33 years of history 25-50 companies a year One campus wide competition per semester 1,000 + companies through the system 5-10 launched each year TVL awards $56K in prize money each year Close the Nasdaq with the winners 15
TVL Investment Competition In August 2017 TVL celebrated by opening the Nasdaq with this year s winners NovoThelium and Sandbox Semiconductor. 16
TVL Investment Competition BeatBox Beverages lands $1M investment from Mark Cuban 17
Accomplishments TVL Accelerator 150 alumni startups 40% received outside funding $491M in post-tvl funding 61% funding closed within one year Six acquisitions 18
Accomplishments - Austin Community Partners 19
Accomplishments - University Technology TVL continues to promote and accelerate technology from across the UT System 20
% of TVL Alumni Students Accomplishments - Cumulative Student Reach Total Student Reach Pharm, 16 Other, 2 LAW, 62 39% work at companies with <25 employees Was TVL Discussed During Job Interviews? No 37% Yes 63% MBA, 150 CNS, 41 ENG, 64 335 Total Students 446 Student Semesters 45 40 35 30 25 20 15 10 5 0 TVL has been instrumental in my career success. TVL influenced the type/size of companies I applied to. Strongly Disagree Disagree Neither Agree nor Disagree Agree Strongly Agree 21
Accomplishments - Where Our Graduates Go Venture Partner Corporate TVL Alumni Co. Cofound Startups 22
Accomplishments - External Recognition MBA Roundtable Innovator Award Frequent coverage in Poets & Quants Regularly featured in major news publications 23
Accomplishments - External Recognition McCombs ranked #6 overall in Entrepreneurship, our highest ranking in 14 years! 24
Funding Update: Corporate 25
Funding Update: Endowments Shane Brisbin Endowed Excellence Fund Gottesman Excellence Fund for Entrepreneurship E. Craig Nemec Challenge Endowment James D. Pippin Student Veteran Entrepreneurship Endowment 26
Funding Update: Endowments Jon and Rebecca Brumley Endowment Robert B. Rowling Hall Jon Brumley TVL office suite on ground floor Jon and Rebecca Brumley Business Accelerator on top floor We have the new building covered from the bottom floor to the top floor
Jon and Rebecca Brumley Business Accelerator rendering
How Alums Can Get Involved Fill out remaining TVL endowment Participate as a judge in the New Venture Creation class Be a judge in the TVL Investment Competition Come to the Venture Expo Details and newsletter at: https://www.mccombs.utexas.edu/centers/texa s-venture-labs 29
Nasdaq Interview on TVL 30