Startup Spotlight Report 2013
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Transcript of Startup Spotlight Report 2013
FOLLOW-UP REPORT
HOW TO WEB STARTUP SPOTLIGHT 2013
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2013 PROGRAM OVERVIEW
4 days of workshops, pitching, accelerator presentations, investment panels,
mentoring sessions and 1 to 1 meetings with accelerators and investors
32 early-stage startups from 5 countries in the CEE region
14 accelerators from Europe
20.000$ cash prizes
Participants who have closed an important deal as a consequence of participating in Startup Spotlight.
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Yes, 12
No, 20
Yes No
CLOSED DEALS
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Got Accepted to an accelerator, 5
Got a VC investment, 1
Signed a partnership, 5
Found an advisor/mentor,
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Other, 1
• Found an advisor/mentor • Got Accepted to and accelerator • Got a VC Investment • Signed a partnership
UNFINISHED NEGOCIATIONS
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Yes, 10
No, 22
Yes No
1. We talked with an accelerator in the region.
2. We were approached by an accelerator, but we're looking for different opportunities.
3. We have had a discussion with a couple of investors and 2 accelerators (one in Europe and one in China/US).
4. Met a regional accelerator’s representative & got a shortcut to their pitch day event that was just a few days away from How to Web, where we pitched. We were also invited to Budapest for a startup training event.
5. We started discussing an investment with a VC fund, and didn't close.
6. Found avangate.com.
7. After How to Web we got investment offers from some pretty awesome funds for early-stage startups :-) We declined.
8. Lots of talking to weed out investors we don’t need or which cannot help us. At the end we found a match.
HOW IS THE BUSINESS GOING?
Developing and growing strong,
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We're struggling, 8
We've closed, 5
Developing andgrowing strong
We're struggling
We've closed
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WHAT STAGE IS YOUR PRODUCT IN NOW?
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It's still a prototype, 6
We're in beta, 6
We've launched the MVP, 4
We've officially launched, version 1+, 9
We pivoted, 2
Business closed, no product, 5
It's still a prototype
We're in beta
We've launched the MVP
We've officially launched, version 1+
We pivoted
Business closed, no product
PARTICIPANTS’ PROGRESS
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Wyliodrin
Launched second version of the product.
Partnered with Intel as the official recommended software for Galileo.
Expanded.
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https://www.wyliodrin.com/
GloriaFood
Publicly launched the product on 2 mobile platforms.
Doubled the development team.
Adding 15 restaurants/day (60% in US).
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http://gloriafood.com/
Appticles
Got accepted to Launchub.
Got accepted to Wayra.
Publicly launched the product.
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www.appticles.com
Synetiq
Got accepted to Startup Sauna.
Received a 40k euro investment.
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http://synetiq.net/
Omnipaste
Went to the WARP acceleration program from hub:raum Cracovia.
Received 80k euro funding.
Launched the Beta.
Got featured on www.soft32.com.
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https://www.omnipasteapp.com/
14 Apply for Startup Spotlight 2014,
until October 20th! StartupSpotlight.co