Navigation

As the holidays rapidly approach, the team at Top Tier Capital Partners (“TTCP”) would like to share with you gift ideas from our portfolio. Some are more expensive than others, so shop carefully! In 2014, we saw a noticeable increase in gadgets and service companies. As part of our due diligence, several of these products and services have been tried and tested by the team at TTCP. We do not necessarily endorse them, but please reach out to us if you have questions on those which are marked accordingly.

Gadgets: The most exciting sub-sector for many investors and consumers are those companies we can touch and feel. Wearable devices have been quite popular during the past 12 months, from Fitbit and Jawbone for fitness tracking, to Lumo BodyTech for posture detection. Whether it’s a wearable device, a car company, or a toy, technological innovation is rampant across many sub-sectors. Innovation is occurring at a rapid pace and allows both the creation of new products and disruption of existing products. Drones are a relatively new use of technology, and 3-D printing of your own custom ear buds is indicative of disruption of a headphone market which hasn’t changed in years. As shown, the team at TTCP uses many of these items!

Portfolio Company

Description of Gadget

Website

3D Robotics

Drones and aerial video technology

www.3drobotics.com

<![if !vml]><![endif]>Anki

Remote control car racing with built in artificial intelligence

www.anki.com

<![if !vml]><![endif]>Aspen Avionics

Light aircraft instruments

www.aspenavionics.com

BitTorrent Sync

Device to sync photos from mobile devices and computers without use of the cloud

www.bittorrent.com

<![if !vml]><![endif]>Clarisonic

Skin care products / device

www.clarisonic.com

Coveroo

Custom iPhone cases with your own design

www.coveroo.com

<![if !vml]><![endif]>Dropcam

Webcam for the home

www.dropcam.com

Electric Objects

Frame-like computers that can display high-resolution artwork from the internet

www.electricobjects.com

<![if !vml]><![endif]>Eye-Fi

Wireless card for cameras to upload photos through Wi-Fi

www.eye.fi

<![if !vml]><![endif]>FiftyThree

Digital pencil for drawing / painting on the iPad

www.fiftythree.com

Fisker

Electric
car

www.thenewfisker.com

Fitbit

Wearable fitness device to track steps, sleep, and nutrition

www.fitbit.com

<![if !vml]><![endif]>GoPro

Small waterproof camera for action sports like skiing, surfing, cliff diving

www.gopro.com

Inventables

Hardware store for designers – 3-D Printers included

www.inventables.com

<![if !vml]><![endif]>Jawbone

Wearable fitness device to track steps, sleep, and nutrition

www.jawbone.com

Leap Motion

Device to navigate some computer games and programs with hand motion

www.leapmotion.com

<![if !vml]><![endif]>Livescribe

Pen hat records audio and stores your written notes electronically

www.livescribe.com

Lumo BodyTech

Wearable device to alert you of bad posture

www.lumo.com

<![if !vml]><![endif]>Lytro

Camera allowing photographers to re-focus after the shot

www.lytro.com

<![if !vml]><![endif]>MakerBot

3-D Printer

www.makerbot.com

Narrative

Wearable device that takes a photo every 30 seconds to capture your life in photos

www.getnarrative.com

<![if !vml]><![endif]>Nest

Connected thermostat and smoke detector

www.nest.com

Normal

3-D printed custom printed ear buds

www.nrml.com

<![if !vml]><![endif]>Oculus

Virtual reality headset

www.oculus.com

Ooma

Device to use the internet for phone calls and take your phone number with you on the go

www.ooma.com

Orabrush

Tongue cleaners for humans and pets

www.orabrush.com

Poppin

Chic office products

www.poppin.com

Renovo

Electric super cars

www.renovo.com

<![if !vml]><![endif]>Skullcandy

Headsets

www.skullcandy.com

<![if !vml]><![endif]>Sling Media

Device to watch home TV over the internet anywhere in the world

www.slingbox.com

<![if !vml]><![endif]>Sonos

Wireless multi-room music systems for the home

www.sonos.com

Soundhawk

Programmable hearing aide that looks like a Bluetooth ear piece

www.soundhawk.com

<![if !vml]><![endif]>Tesla

Electric
sports car

www.tesla.com

<![if !vml]><![endif]>Tinybits

Small electronic components that connect together to make switches, motors, small toys

www.tinybits.com

<![if !vml]><![endif]>TiVo

Digital video recorder

www.tivo.com

Tria Beauty

Laser hair removal device for personal use at home

www.triabeauty.com

Valencell

Music earbuds and headsets with fitness sensor

www.valencell.com


Product Websites: If you are looking to shop for products online, there is no shortage of companies at your service. You can buy a tattoo kit, art, diamonds, or Bitcoin with just a few clicks. Some are new, some are used, but all are in the TTCP portfolio. The biggest trend we saw in 2014 was the rise of used clothing from companies like thredUP and Threadflip. Most of these sites use technology and data analytics to target the right customers, ideally leading to more buyers and higher revenues. You will notice several websites offering custom goods. Many consumers are willing to pay a higher price for the perfect item and with the use of technology, getting custom goods at reasonable prices is now more of a reality.

Portfolio Company

Description of Product

Website

<![if !vml]><![endif]>20×200 Jen Bekman

Art
collections

www.20×200.com

23andMe

Genome sequencing kit

www.23andme.com

Abe’s Market

Natural artisanal products from food to clothing

www.abesmarket.com

Alibris

Used books, music, rare collections

www.alibris.com

Aloha

Healthy, organic food products

www.aloha.com

Art.com

Art collections

www.art.com

Baby.com

Baby products from Brazil (not sure if they deliver in the US)

www.baby.com.br

Bag Borrow or Steal

Rental of luxury handbags

www.bagborroworsteal.com

<![if !vml]><![endif]>BaubleBar

Fashion jewelry

www.baublebar.com

Blue Bottle Coffee

Artisanal coffee

www.bluebottlecoffee.com

<![if !vml]><![endif]>Coinbase

Bitcoin

www.coinbase.com

Blue Nile

Diamonds and other jewelry

www.bluenile.com

<![if !vml]><![endif]>Bonobos

Custom designed clothing

www.bonobos.com

<![if !vml]><![endif]>CustomInk

T-shirts / sweatshirts designed by you

www.customink.com

Etsy

Handmade goods of all varieties

www.etsy.com

Fab.com

Flash sales for home goods

www.fab.com

Fanatics

Favorite sports team gear

www.fanatics.com

FanSnap

Ticket sales

www.fansnap.com

FashionStake

Independent designers hand-picked by the community

www.fashionstake.com

Gilt Groupe

Clothing

www.gilt.com

<![if !vml]><![endif]>Groupon

Flash sales for restaurants, events, services

www.groupon.com

Ice.com

Diamonds, other jewelry

www.ice.com

Indochino

Clothier specializing in men’s suits

www.indochino.com

<![if !vml]><![endif]>J. Hilburn

Custom designed clothing for men

www.jhilburn.com

Jack Erwin

Well-crafted, honestly priced shoes for men

www.jackerwin.com

<![if !vml]><![endif]>Julep

Crown sourced beauty products

www.julep.com

LightInTheBox

Like Amazon, in China, selling hairy crabs, tattoo kits, and clothing

www.lightinthebox.com

<![if !vml]><![endif]>LivingSocial

Flash sales for restaurants, events, services

www.livingsocial.com

<![if !vml]><![endif]>Lolly Wolly Doodle

Self-designed clothes for young girls

www.lollywollydoodle.com

Lot18

Fine quality wine club

www.lot18.com

One Kings Lane

Flash sales for home goods

www.onekingslane.com

PetFlow

Pet food, treats, supplies

www.petflow.com

<![if !vml]><![endif]>Quirky

Unique gadgets invented by consumers

www.quirky.com

<![if !vml]><![endif]>Serena & Lily

Art collections and unique home décor

www.serenyandlily.com

<![if !vml]><![endif]>The RealReal

Buy and sell luxury goods

www.therealreal.com

Threadflip

Used high-end women’s clothing

www.threadflip.com

<![if !vml]><![endif]>thredUP

Used children’s clothing

www.thredup.com

Trunk Club

Shopping service for men’s clothing

www.trunkclub.com

<![if !vml]><![endif]>Walker & Company

Modern personal care products for people of color like a better shaver

www.walkerandcompany.com

Wayfair

Furniture, luggage, and e-retailer

www.wayfair.com

<![if !vml]><![endif]>zulily

Daily deals for children’s clothing

www.zulily.com


Subscription Product Services: Another trend to come to the forefront in 2014 is subscription services. These include items for you, your pet, your home, and more. The business model in these cases is to have the consumer sign up for the subscription and then expand the product offering to gain higher and higher revenues. For example, BarkBox is a service that delivers a box of dog treats and toys to your home every month. It is simple and easy, and the dog owner can then order more and more items for their favorite hound. The business model also relies on low customer turnover as it is often hard for consumers to find the time to cancel a subscription, especially when it is for their pet or baby.

Portfolio Company

Description of Subscription Service

Website

<![if !vml]><![endif]>BarkBox

Dog toys and treats

www.barkbox.com

Birchbox

Beauty and grooming products

www.birchbox.com

Dollar Shave Club

Men’s shaving

www.dollarshaveclub.com

<![if !vml]><![endif]>H. Bloom

Fresh flowers

www.hbloom.com

The Honest Company

Non-toxic products for children

www.honest.com

NatureBox

Healthy snacks

www.naturebox.com

Quarterly

Goods curated by people like Bill Nye the Science Guy

www.quarterly.co


The Support: Whether you are hosting an event over the holidays or simply need a little extra help, the start-up community has you covered. How about a last minute helper to wrap your gifts and valet park for your guests? Your groceries can be delivered from your favorite store, and someone could even cook the meal for you without your guests even knowing. Accommodations and safe travel to and from make it very easy to outsource the holidays!

Portfolio Company

Description of Support

Website

<![if !vml]><![endif]>Airbnb

A room or a mansion for rent all over the world

www.airbnb.com

<![if !vml]><![endif]>Animoto

Combine your photos into a video with music to share with friends and family

www.animoto.com

Handy

House cleaners and handy work on demand

www.handy.com

Hipmunk

Holiday travel booking

www.hipmunk.com

HomeAway

No rooms, just homes for rent

www.homeaway.com; www.vrbo.com

<![if !vml]><![endif]>Homejoy

House cleaners on demand

www.homejoy.com

<![if !vml]><![endif]>HotelTonight

Last minute deals on hotels the same day

www.hoteltonight.com

Instacart

Same day grocery delivery

www.instacart.com

<![if !vml]><![endif]>Lyft

Taxi services

www.lyft.com

RelayRides

Peer to peer car rental

www.relayrides.com

<![if !vml]><![endif]>Sprig

Food delivery service

www.sprig.com

<![if !vml]><![endif]>TaskRabbit

Hire people to wrap presents, clean, perform tasks

www.taskrabbit.com

<![if !vml]><![endif]>Washio

Dry cleaning / laundry delivery service

www.getwashio.com


And after all this shopping, check out TTCP portfolio company Active Network to look for sporting events to burn off all of the holiday calories consumed!

Happy Holidays from all of us at TTCP!

What do you think? We welcome your views on these gift ideas and look forward to hearing about some of your own online gift resources. Please let us know via Twitter: @TTCP_SF.

Legal Disclosures

CERTAIN FACTUAL STATEMENTS MADE HEREIN ARE BASED ON INFORMATION FROM VARIOUS SOURCES PREPARED BY OTHER PARTIES. WHILE SUCH SOURCES ARE BELIEVED BY TTCP TO BE RELIABLE, TTCP DOES NOT ASSUME ANY RESPONSIBILITY FOR THE ACCURACY OR COMPLETENESS OF SUCH INFORMATION.

RECIPIENTS OF THIS DOCUMENT ARE NOT TO CONSTRUE IT AS INVESTMENT, LEGAL OR TAX ADVICE, AND IT IS NOT INTENDED TO PROVIDE THE BASIS FOR THE EVALUATION OF ANY INVESTMENT. RECIPIENTS SHOULD CONSULT WITH THEIR OWN LEGAL, INVESTMENT, TAX, ACCOUNTING, AND OTHER ADVISORS TO DETERMINE THE POTENTIAL BENEFITS, BURDENS, AND RISKS ASSOCIATED WITH ANY TRANSACTION INVOLVING ANY ISSUER REFERENCED HEREIN.

THIS DOCUMENT DOES NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY ANY SECURITY; IT IS NEITHER A PROSPECTUS NOR AN ADVERTISEMENT, AND NO OFFERING IS BEING MADE TO THE PUBLIC. OFFERS TO SELL ANY INTEREST IN A TTCP-MANAGED INVESTMENT FUND SHALL BE PRECEDED BY DISTRIBUTION OF A PRIVATE PLACEMENT MEMORANDUM THE CONTENTS OF WHICH SHALL SUPERSEDE ANY INFORMATION PROVIDED HEREIN.