Luc Texier : Créer une start-up et savoir s'arrêter à temps
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Transcript of Luc Texier : Créer une start-up et savoir s'arrêter à temps
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Xippix
1999 2004 2011
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What is mindGuru?
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Launch Checklist
Business Requirements
SECURE ENOUGH FUNDING VALIDATE PLANS (BIZ / FINANCE) FIND A CO-FOUNDER DEVELOP THE PRODUCT
Personal Requirements
DON’T START ALONE DON’T LOSE YOUR HOUSE DON’T LOSE YOUR MIND
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Jan 2011 - The quest for a co-founder…
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Business Plan • Market exists • Successful leaders like it Financial Plan • No need for VC cash • Recurrent revenue
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Feb 2011 – Validating the Plans
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• Own cash from stock sell • Enough to last 2 years • Covers 2 full salaries
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Feb 2011 - Funding
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• Standards exists • Software exist • No need for a head-count
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March 2011 - Product
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Apr 2011 - The quest for a co-founder…reloaded
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Business Requirements
SECURE FUNDING VALIDATE PLANS (BIZ / FINANCE) FIND A CO-FOUNDER DEVELOP THE PRODUCT
Personal Requirements
DON’T START ALONE DON’T LOSE YOUR HOUSE DON’T LOSE YOUR MIND
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All Systems Go?
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So failure or not?
Networking in CH (e.g. venturelab) Business plan Option Pool Business angel VC Pitching P&L
Term Sheet Delaware Board of Advisors Market Analysis Equity Stock Option Plan ….
And I found my next job which lead to a career change!
Really…not!
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Belle Année 2013!
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