Lakestar NOAH Partner KEY CORPORATE FACTS / KPIs INVESTOR DESCRIPTION Offices Berlin, Zurich, New York, Guernsey Lakestar makes early and growth stage investments in technology-enabled businesses predominantly in Europe and the United States driven by exceptional entrepreneurs. We enjoy investing with a specific focus on business modelsthat can achieve global scale quickly. Founded 2012 Lakestar and its General Partners have historically invested in facebook, Spotify, Skype, airBnB, klarna, and King.com, and more recent investments include Oscar, Algomi, Teralytics, GoEuro, AngelList, Maker Studios, Taulia and Harry’s. Employees 14 TheLakestar team is on the ground in Berlin, London, Guernsey, New York City and Zurich. Current Fund Size €350m SELECTED PORTFOLIO COMPANIES Use of Debt No • Spotify is a commercial music streaming, podcast, and video service that provides AUM €500m digital rights management–protected content from record labels and media companies Early Stage: €1m - €10m • Oscar is a New York based technology-driven healthcare service and insurance Target Investment Size provider for US citizens. It has been created as a reaction to changes in the US Later Stage: More than €10m healthcare environment, commonly known as the “Obamacare” program Target Geographies US, Europe, Asia • Harry’s business model is to design and produce high-quality razors and shaving equipment and sell them at a competitive price point despite high-quality design Target Sectors Internet and mobile technology enabled Other investments businesses Investment Style Active KEY CONTACTS Deal Structures Minority Shareholder Key Investment Criteria Outstanding Teams / Entrepreneurs, global scale Website www.lakestar.com Contact Email via LinkedIn
NOAH 2016 London Investor Book Page 48 Page 50