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IHL - Incannex - SIG Venture Capital, page-2

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kingkev

27,687 Posts.

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05/12/22

10:57

Post #: 65150332
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Originally posted by thevinnys: ↑

Re-posting

Thanks@tossydog

Having just read a little on Susquehanna International Group (SIG)

> I could very easily imagine Joel being contacted by Susquehanna as a possible source of Venture Capital.
> Susquehanna appears to have very very deep pockets.
> Susquehanna's co-founder Jess Yass is listed #33 (of the world's richest people) on the Bloomberg Billionaires Index

https://www.bloomberg.com/billionaires/profiles/jeffrey-s-yass/?leadSource=uverify%20wall

> Yass's success has come from backing winners.
At age 63, Yass has built Susquehanna into a global giant without taking a penny of outside capital.
Today, Susquehanna commands nearly 10% of the market making volume in exchange-traded funds, moving over 130 million shares daily in 50 countries around the world. It’s also regularly among the top-five market makers in U.S. stocks traded by retail brokers.

Yass has used Susquehanna’s trading profits to invest in early-stage growth companies around the world, like TikTokparent company ByteDance, the world’s most valuable private company.His firm is now among the 20 largest investors in venture capital-backed companies in the world, according to some estimates, owning tens of billions worth of investments spread across China, Israel and the United States and large stakes in tech companies like Agora Inc. in China, and Credit Karma and Payoneer in the United States. ( and now a small stake in Incannex )

I have just read some testimonials from other Growth Companies that have partnered with SIG

"Susquehanna Growth Equity is a unique private equity partner because they approach investments with a long time horizon. As an entrepreneur, you may be impatient and aim to grow aggressively in a very short span of time. Knowing that you have an investment partner with uncommon flexibility gives you the same reassurance as a scuba diver who has oxygen tanks in reserve even though they don’t expect to use them. It keeps you relaxed, and focused and helps execute better."
SASHI NARAHARICEO of HighRadius

This rings true when Joel commented to @tossydog that

"adding an inbound institutional investor to the register that wants more and will support the business going forward"

Venture Capital has a way of finding unique early-stage Growth opportunities, and somehow Susquehanna Growth Equity found Incannex.

> It's actually an opportunistic moment considering the news" President Joe Biden turns the Medical Marijuana Research Bill into law, changing how American scientists can do research on marijuana.The White House announced on Friday that President Biden signed the Medical Marijuana and Cannabidiol Research Expansion Act, "which establishes a new registration process for conducting research on marijuana and for manufacturing marijuana products for research purposes and drug development."

https://www.forbes.com/sites/dariosabaghi/2022/12/03/biden-signs-medical-marijuana-research-bill/?sh=4b0f47247c69

> Could the interest in Incannex come from IHL owning one of the world's largest IP portfolios? I am sure Susquehanna's due diligence into IHL would not have missed that fact.

I have found this on their website

All our capital comes from Susquehanna International Group (SIG), one of the world’s largest privately-held financial services firms. Founded in 1987, SIG has grown to over 1,900 employees across the globe, while continuing to be owned and operated by its founders. We are proud to be a part of one of the biggest bootstrapped, entrepreneurial success stories in history.Susquehanna Growth Equity, LLCSusquehanna Growth Equity, LLC (SGE) is aprivate equity group investing in growth capital and buyout opportunities in the financial technology, information services, software, and internet sectors. SGE’s team of dedicated investment professionals brings a unique set of experience combining venture investing, operational, and industry expertise.To learn more about SGE, please visit sgep.com.

> NO FIXED TIME HORIZONSSusquehanna’s capital is truly patient and our firm is not subject to the vagaries of the private equity fundraising cycle. This puts you in control of your company’s timeline, where you want to go, and how you want to get there.
> MOST FLEXIBLE CAPITAL IN THE INDUSTRYWe are uniquely empowered by our source of capital to be flexible in the types of deals we do, the securities we hold, and the risks we take. We call it “liquidity as a service” – capital for growth, acquisitions, or shareholder liquidity, over multiple tranches with no fixed time horizons.
>STRATEGIC GUIDANCEOur experience building large software and information services companies enables us to help our entrepreneurs avoid pitfalls, see around corners, and capitalize on rapidly emerging trends.

>GROWTH ACCELERATIONOur dedicated value creation team will collaborate with you to accelerate your growth, where and how you want to engage. Across go-to-market, M&A, and foundational topics, we will leverage toolkits, benchmarks, trusted partners, and our Susquehanna community to create sustained, tangible impact.

> RAPID, FLEXIBLE CAPITALWe’ve seen what can happen when investors consume too much of management’s time during a fundraise. Our unique structure means we can move faster than just about any other investor which will let you get back to running your business.

> EXIT MANAGEMENTWe’ve been through countless strategic sales and IPOs… and we leverage all of that experience to help maximize outcomes when our portfolio companies are ready to exit.

Very interesting info so far thanks@tossydog

Yes that's right, you may have missed @tossdog 's post

SIG is a huge company

https://sgep.com/the-story/

Who is Susquehanna?At age 63, Yass has built Susquehanna into a global giant without taking a penny of outside capital. Today, Susquehanna commands nearly 10% of the market making volume in exchange traded funds, moving over 130 million shares daily in 50 countries around the world. It’s also regularly among the top-five market makers in U.S. stocks traded by retail brokers. Yass has used Susquehanna’s trading profits to invest in early-stage growth companies around the world, like TikTok parent company ByteDance, the world’s most valuable private company. His firm is now among the 20 largest investors in venture capital-backed companies in the world, according to some estimates, owning tens of billions worth of investments spread across China, Israel and the United States and large stakes in tech companies like Agora Inc. in China, and Credit Karma and Payoneer in the United States. Forbes spent more than two months digging into his vast holdings, speaking to former Susquehanna insiders, reviewing hundreds of securities filings, regulatory disclosures and court documents. We estimate that his firm and its portfolio of investments are worth well over $30 billion and put his net worth conservatively at $12 billion, landing him at No. 184 on Forbes’ 2021 list of the World’s Richest People. Yass initially did not respond to requests seeking an interview and didn’t comment on our estimates.

https://sgep.com/company/

GLAH

Good suggestion to repost in it's own thread thanks @Breakingsystem

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Looks like this is going to take a while to filter through

The market is unsure if it is Arthur or Martha atm

LT views essential...........it helps to understand the growth strategies

IHL Price at posting: 21.0¢ Sentiment: Buy Disclosure: Held
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