About OvOttoman Ventures partners with national and international investors and provides them services for their investment activities in Turkey. As their local partner, Ottoman Ventures utilizes its network in Turkey’s information systems and telecommunications industry as well as universities and local and regional industry to collect and qualify ideas. A two phase qualification process results in identification of high-quality opportunities, saving investor partners’ time and resources. Ottoman Ventures follows a strict qualification process that tests the opportunity in two phases. The first level tests the credibility of the associated team and the idea. It evaluates the team members and their capabilities, whether the suggested innovation can be achievable, if it is free of IP rights restrictions, that if it is legally possible to execute the idea. The second phase of the due-diligence process focuses on the business value of the proposition. In this phase, it is assumed that the opportunity can be realized but its business model, associated marketing opportunity and the potential business size is questioned. Ottoman Ventures continues its support during the negotiation, term sheet and contract drafting and closing phases of the deal. With its long background in the Turkish market, Ottoman Ventures offers its experience in regards to local rules and regulations as well as general contracting practices. However, maybe the most important contribution of Ottoman Ventures team is after the deal is done and the investment is under way. With a team that brings a long history of technology development and global entrepreneurship experience, Ottoman Ventures team works closely with its portfolio companies to keep them on track and to help them achieve their best before the next round or exit. With its partners’ long history in technology development and start-up practices, it offers invaluable insight to its portfolio companies along the way. Executive consultancy provided by Ottoman Ventures team ranges from technology development processes to product development, to pilots in local industry leaders to business development, marketing and sales. Finally when it is time for the 2nd round or exit, Ottoman Ventures undertakes the process for the investment partners and the portfolio companies. |
Benefits for VCs Global investors benefit from partnering with Ottoman Ventures as it provides them access to qualified technology opportunities and allows them to be represented locally during the due-diligence, investment, execution, growth and exit processes, all without being local. Local investors on the other hand, access to qualified technology opportunities for investments purposes.
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