Introducing Endeavor Catalyst
Endeavor Catalyst is an innovative, passive investment pool that uses donated capital to co-invest in Endeavor Entrepreneur funding rounds in a neutral, rules-based process.
The main goal of this program is to harness the value creation of entrepreneurs to produce investment returns that support Endeavor Global’s operations and that are reinvested in future Endeavor Entrepreneurs’ venture rounds.
ANNUAL RETURNS (IRR)
A notional Endeavor Catalyst would have exceeded US and EM VC/PE benchmarks. |
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| Endeavor: $10M Threshold (1998 – 2010) |
Cambridge US VC 1st Quartile (1998 – 2010) |
Cambridge US VC 2nd Quartile (1998 – 2010) |
Cambridge EM VC/PE Avg. (2000 – 2010) |
MSCI EM Index |
NOTE: Endeavor historical returns. Cambridge Emerging Markets index is pooled end-to-end return; 15% LP return is gross IRR realized by general partners; MSCI Emerging Market Index is total return gross of dividend taxes.
The Compounding Effect
Unlike traditional philanthropy, Endeavor Catalyst compounds donor capital across multiple cycles. Over a 20-year period, a $1m donation would result in approx. $9.6m in direct investments to Endeavor companies and $5m to Endeavor operations. Endeavor would calculate this return as an rodc multiple of 14.6x.
RETURN ON DONATED CAPITAL (RODC)
As proceeds are recycled into new investments, initial donations generate ever-increasing funds for social impact, which can be measured as an ever increasing multiple on the original donor capital — Return on Donated Capital, a new impact measurement term introduced by Endeavor.
NOTE: Assumes base case return of 2.2x return on invested cash (historical return on invested cash in Endeavor Entrepreneurs’ venture rounds of $10M or more is 2.9x). Weighted-average length of a cycle is 5 years.
Why Catalyst?
PROMOTE INNOVATION AND INVESTMENT IN EMERGING MARKETS |
Endeavor Catalyst’s rules-based investment process further supports the market mechanisms by which venture investors identify and invest in the best opportunities. As such, your Catalyst donation helps to catalyze a culture of innovation and investment in the markets in which we operate. | |
COMPOUND YOUR IMPACT |
Your donation today launches A compounding effect by which your dollars perpetually generate proceeds to not only support additional entrepreneurs’ venture deals but also to ensure Endeavor’s ability to continue to offer outstanding support and services where developing entrepreneurial networks need it most. | |
MAKE ENDEAVOR SUSTAINABLE |
With access to best-in-class entrepreneurs in emerging markets, Endeavor has an opportunity — unique among non-profits — to “put its money where its mouth is” and to align its future with the success of the very entrepreneurs it supports. Compounding your donations will make Endeavor Global self-sustainable in the long term in a mission-driven way. | |
KEEP TABS ON WHAT’S HOT IN GLOBAL EMERGING MARKETS |
Endeavor Catalyst follows the most attractive deals across the emerging markets broadly, making it a compelling venture industry benchmark for the most exciting global opportunities. Catalyst donors gain unique insight into the global venture landscape and its evolution through annual reporting and periodic meetings with fellow donors and Endeavor Entrepreneurs. |
Endeavor Catalyst Donors
ANCHOR TENANT, $5M+
Omidyar Network*
Philanthropic firm established by eBay founder Pierre Omidyar & his wife Pam Omidyar
FRIENDS OF CATALYST, $100K+
Wences Casares*
Lemon.com (formerly Bling Nation, Inc), Founder & CEO; Endeavor Entrepreneur
Diego Piacentini*
Amazon.com, Senior Vice President – International
Andy Freire, Santiago Bilinkis & Pablo Simon
Co-Founders, Quasar Ventures LLC
Andy Freire & Santiago Bilinkis: Co-Founders, Officenet; Endeavor Entrepreneurs
Andy Freire & Santiago Bilinkis: Co-Founders, Officenet; Endeavor Entrepreneurs
MEMBERS OF THE ENTREPRENEURS' CIRCLE, $1M+
Michael Ahearn*
Chairman, True North Venture Partners; Executive Chairman, First Solar
Edgar Bronfman, Jr.*
General Partner, Accretive LLC; Former Chairman, Warner Music Group
Michael Cline*
Managing Partner, Accretive LLC
Reid Hoffman*
Partner, Greylock;
Co-Founder & Chairman, LinkedIn
Arif Naqvi*
Founder & Group CEO, Abraaj Capital
Pierre Omidyar*
Founder & Chairman, eBay
*founding donor
Note: Donations to Endeavor Catalyst are U.S. TAX DEDUCTIBLE.
Note: Donations to Endeavor Catalyst are U.S. TAX DEDUCTIBLE.
Investments To Date
- Deal closed January 2013
- Turkey
- Deal closed December 2012
- Mexico
- Deal closed September 2012
- Turkey
- Investment closed May 2012
- Turkey
- Deal closed March 2012
- Brazil
- Deal closed January 2012
- Argentina
