startup competitions

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start.up competitions hannes a. schwetz investment manager/aws startupICT.blogspot.com

description

talk at the april 2009 barcamp innsbruck (austria) about startup competitions, like seedcamp, techstars or ycombinator. how to do it, what to avoid. by hannes a. schwetz, from the the start.upICT blog: www.startupICT.blogspot.com

Transcript of startup competitions

Page 1: startup competitions

start.up competitions

hannes a. schwetz

investment manager/awsstartupICT.blogspot.com

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start.up visability problem

suppliersemployeesinvestors

customersproduct

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adressing thevisability issue

lucky shotcustomers realize genius

good productreferencescustomers

pr (standard, non standard)competitions

realize the ordercompetitions one option

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how do they work

applymake it to the final

pichtwin

organizer´smotivations

investments/profitsreputation/marketing

cultivate entrepreneurshipcommunity activation

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marketwww.startupICT.blogspot.com

finance mindmap:

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when & whichtiming/selection

(like investment in stocks,development,

customer acquisition,...)

* investmentgeography

focusexperience

cash availablefund exit horizons and

references

* „six steps to venture capital“

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howclear about own aim

selectprepare (well)

performleverage

how many1-2 relevant

per region (eu, us)

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how notblabla, blabla

competition evergreenstand.up performance

unpreparedno leverage

common mistakesignore rules

not on the pointtech, tech, techno marketview

no business model

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e.g.

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referencechristoper clay, soup.io

start.upICT blog: „what are your 3 recommendations for new upcoming founders?“

christoper:„first thing is to select your idea to found a start.up on a clear understanding on how to earn money. secondly apply to start.up competitions like seedcamp if you are in europe. and finally, like already mentioned choose your location wisely.“

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does it work

venture beat article:

investments from union square ventures:

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[email protected]@gmail.com

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european competitions

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u.s. competitions