Page 1

ETF II 2011 Investor Update


Recent Investment I am excited to share with you the latest update regarding our ETF II fund portfolio companies. As you know, the fund typically invests in startups at the very beginning of their development and commercialization. We not only provide investment capital, but offer ongoing operational guidance and support to our portfolio companies. Today, all of our companies are in the market with innovative products and services and are generating revenues. This investor update is designed to give you a feel for our portfolio companies and to be a quick read. There is a snapshot business profile for each investment along with the latest news regarding the progress of each company.

The Cash Inspired Payment Network • Named among “World’s 50 Most Innovative Companies” by Fast Company • $5 million Series B funding round including investors Union Square Ventures, Ashton Kutcher, and Marc Eckō • CEO Ben Milne named Top 10 Entrepreneur Under 30 by Youth Entrepreneurship Council and Forbes’ 30 Under 30

Featured In:

• Featured in The New York Times, Forbes, BusinessWeek, and more • Launched instant cash access feature allowing borrowing up to $500

Wayne D. Kimmel Managing Partner @dwolla


The World’s First Luxury Plug-In Hybrid Car • Over $100 million in car sales in January and February 2012 • Raised over $1 billion in private investment capital • Named new CEO: Tom LaSorda, former CEO, President, and Vice Chairman of the Chrysler Group • Fisker dealerships emerging worldwide (45 in U.S.) • Signed agreement to distribute vehicles in the Middle East and Africa

Revolutionizing Social Gaming with Real Cash and Prizes • Bingo has over 610,000 monthly users on Facebook • Entered exclusive 2-year publishing agreement with RockYou in January 2012 • New games – “Slots” and “Treasure” to launch in 2012 • Bingo for iPad and iPhone plan to be released in 2012

The Best Tools for Musicians and The Best Music for Everyone Else • Helping over 2.2 million music artists manage and promote their business online • Over 30 million monthly visitors to • 2012 rollout of custom iPhone apps for bands to better connect with fans • Launched new website with enhanced design, music player, and Facebook integration





Location-Based Mobile Dating Service • Over 1.4 million members • #1 free social networking app in Brazil • Launched new iPhone app, Android app, and website • Launched first campus rep program at New York University

The Academy for Health and Wellness Entrepreneurship • Officially launched in February 2012 • Announced inaugural class of 10 “Healthcare Transformers” (over 300 applied)

Believe in the Healing Power of Feeling Beautiful • Month over month digital revenue growth • Enhanced website to ease checkout process and increase conversion

• Over 1,200 people have taken the StartUp Health Pledge

• Launched broad-based digital marketing and social media campaign

• 3,000 people have attended StartUp Health Roundtables

• Hired new President and Director of Operations





Ask for Anything, Get it From People You Trust • Named among “World’s 50 Most Innovative Companies” by Fast Company • Raised $15.1M from investors including Kleiner Perkins, Sands Capital, & Ashton Kutcher • Former eBay CEO and current HP CEO Meg Whitman on the Board of Directors • Launched in China with Chinese name Jieqoo

Book Your Vacation Rental in an Instant • Launched strategic partnership with Travel Holdings International, a top 10 global travel distribution company • Vacation rental bookings from over 20 countries • Over 30 U.S. destinations open

• 10,000 U.S. properties contracted and 30,000 E.U. properties contracted

• Enhanced profiles for security and social media integration

Gesture Recognition and Body Tracking Technology • Raised $13.8M from investors including Intel Ventures, Everett Partners, & KJH Holding Co. • Version 3.0 of flagship product, Omek Beckon, to be released Q1 2012 • New product, Omek Grasp, a close range finger tracker, to launch Q3 2012 • Partnered with leading motion gaming developer Side-Kick to use Omek Beckon in future titles





2011 ETF II Investor Update  

Investor update.