We serve the next 4 billion mobile internet users
The first billion internet users accessed the internet using PCs, but the next four billion—in Southeast Asia, Eastern Europe, Middle East, Africa and South America—have leapfrogged straight to smartphones. They are mobile-first and mobile-only. Some will go their entire online lives without ever having touched a computer. See how MOX enables startups to capitalize on this movement.
MOX helps mobile startups from around the world to acquire users for free – our goal is customer acquisition cost zero – and to monetize these users and drive higher lifetime value. Our network of MOX startups cross-promote each other and receive free promotion from our network of partners in return for revenue share. We help startups expand into the world’s fastest-growing markets in Southeast Asia, South Asia, Middle East, South America, and Eastern Europe.
MOX is operated by SOSV – The Accelerator VC, the #3 most active lead investor in 2018, a top 20 US venture firm (PitchBook) and top 10 most active investor in Southeast Asia (Tech in Asia). Our unique full-stack model has delivered a net IRR over the last 20 years that puts us in the top 10% of all venture funds worldwide.
What are your investment terms?
Our fund SOSV takes 6% common equity through a Stock Purchase Agreement (SPA) and invests through a convertible instrument with a cap and 20% discount called an Accelerator Contract for Equity (ACE) similar to a SAFE.
At the same time we invest US$100K, US$55K is cash and US$45K is the program cost, which we pay on the startup’s behalf to the accelerator. If your company has or sets up a Taiwan entity, we can add up to another US$40K investment in the convertible pending an approval process.
do you accept only mobile apps?
No. We accept companies serving emerging mobile markets such as SE Asia and India. App or no app.
where do your startups come from?
All over the world really. Some headquarter cities: Singapore, Bangkok, New York, Moscow, Jakarta, Taipei, Buenos Aires, Amsterdam, Hong Kong, Seoul, etc. In India alone, our startups are headquartered in Bangalore (5), Mumbai, Gurgaon, Ghaziabad, New Delhi, and Kolkata.
are you a truly global accelerator?
How is the program structured?
MOX has a modular program that allows founders to run their companies while participating in the program. We run one-week modules such as Growth Hacking Week, Fundraising Module, and GOAT (Geeks on a Trip) in Taipei, SE Asia, or India.