Startup Weekend, Munich,April 26th, 2013

Do or Do not?

Olaf Jacobi

2

The Partners

Successful entrepreneurs, managers and venture capital investors

Entrepreneurial DNA and focus

Which direction?

Performance doesn’t count

Fight against wind mills

Politics is crippling execution

Large organization slowed me down

Not mine

No capital gain

Corporate Career?

Own company?

6

Own company?

7

Do or do not. There is no try. Yoda

Burn The Ships Hernando Cortés

Stay foolish. Stay hungry. Steve Jobs

In a tornado even a pig can fly.

We are searching for the next…

…big thing!

13

VC funding is an exception

Will it get big enough? Market potential, market need, customer benefit, defensible technology, timing, team,…

15

My 5 lessons learned as an entrepreneur and investor

Execution Never believe in your own PR

Selling without a brand name

Rain making vs. expectation management

Team Founding team

Culture, Spirit, DNA

Listen, think, execute

Finance Cash is King

Investors Golden Rule

Focus Work harder, try harder, never give up

Expect and allow pivots

You‘ll find your own key learnings

olaf@targetpartners.de

@olafjacobi