Innovation camp 2010 - Running up a startup
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Transcript of Innovation camp 2010 - Running up a startup
Innovation Camp 2010
Running up a startup
Stefano Passatordi
*Agenda• About
me• My startup• Ibrii• Ibrii Timeline
• Running up a startup• Prerequisites• Bootstrap• Growth• Exit
Young entrepreneur
BSc Computer Science(2005)
Erasmus (2006-2007)
MSc Computer Science(2008)
Ibrii
*About mePotengeles
*My Startup: Ibrii
6K 8K 80K 95K 110K
115K
*Ibrii Timeline
November
2009
December 2009
April 2010
May 2010
June 2010
July 2010
Ibrii is incorporated and the
first BETA 1 is released
Beta 1
Lorenzo Thione
joined Ibrii Inc.
Lorenzo Thione Beta 2
Partnership with Liquida (?)
AnchrofreedSeed
Ibrii rises a seed round from dSeed
Ibrii Beta-2 is released
Partnership with Anchrofree
Liquida
users
Bootstrap
Exit
Growth
*Running up a startup
*PassionPrerequisite
Prerequisite
*Bravery
*PatiencePrerequisite
Prerequisite
*Problem solving
*MoneyPrerequisite
*Passion..again!Prerequisite
Bootstrap
*Everything starts with you
*IdeaBootstrap
*TeamBootstrap
*IdentityBootstrap
*Hard workBootstrap
*MVP/CDM/LeanBootstrap
*MessageBootstrap
*UsabilityBootstrap
*Free promotionGrowth
*Break
*CompanyGrowth
*PartnershipsGrowth
*Fundings: Why?Growth
*Fundings: How?Growth
*Funding Steps
• Term sheet
• Due diligence
• Investment agreement
Growth
*Pay attentionGrowth
*Exit
*ContactsStefano Passatordi
facebook.com/passatordi.stefano
twitter.com/passatordi
it.linkedin.com/in/stefanopassatordi
stefanopassatordi.com
youstartup.blogspot.com
Tel. +39 328 4258178stem83
*Thanks
*Questions