Techstars Boulder Webinar - Aug 2016

28
Webinar to learn more about Techstars

Transcript of Techstars Boulder Webinar - Aug 2016

Page 1: Techstars Boulder Webinar - Aug 2016

Webinar to learn more about Techstars

Page 2: Techstars Boulder Webinar - Aug 2016

@NattyZ#TSBoulder

Natty Zola Managing Director

Julie Penner Director

Page 3: Techstars Boulder Webinar - Aug 2016

@NattyZ#TSBoulder

1. Why should I do Techstars?

2. What am I giving up?

3. Does Techstars really work?

4. What’s special about Boulder?

5. What is the timing of the program and what is a typical day?

6. Do I have to live in Boulder?

7. What does Techstars look for and how can I standout?

8. What isn’t Techstars?

9. What should I do next?

Agenda:

Page 4: Techstars Boulder Webinar - Aug 2016

@NattyZ#TSBoulder

Techstars is a

global ecosystem that

helps entrepreneurs

build great businesses

Why should I do Techstars?

Page 5: Techstars Boulder Webinar - Aug 2016

@NattyZ#TSBoulder

Startup Programs Accelerators

Venture Capital

City Programs

Corporate Programs

Atlanta

Austin

Berlin

Boulder

Boston

Chicago

London

NYC

Seattle

Page 6: Techstars Boulder Webinar - Aug 2016

@NattyZ#TSBoulder

Mentorship

Network

Capital

Credibility

Why should I do Techstars?

Meta skills

Focused Environment

Peers & Support

Perks ($2M+)

#1 Accelerator rated by Founders

#1 Startup Program in the Industry

Giving entrepreneurs an unfair advantage

Page 7: Techstars Boulder Webinar - Aug 2016

Techstars City Programs Corporate Partner Programs

Atlanta Kansas City

22 offices

600+ cities

130 countries

7000 mentors, investors

Page 8: Techstars Boulder Webinar - Aug 2016

@NattyZ#TSBoulder

6% common stock to participate

Equity Back Guarantee

In addition to the program, we give you…

$20k for living expenses

$100k convertible note (optional, not part of the 6%)

What am I giving up?

Page 9: Techstars Boulder Webinar - Aug 2016

@NattyZ#TSBoulder

Does Techstars really work?

800+ companies

90% active or acquired

$2.5B raised

$6B+ market cap

Page 10: Techstars Boulder Webinar - Aug 2016

Does Techstars really work?

Page 11: Techstars Boulder Webinar - Aug 2016

@NattyZ#TSBoulder

What’s special about Boulder?

10 programs (10 yrs)

110 companies

1% acceptance rate

$500M+ raised

Page 12: Techstars Boulder Webinar - Aug 2016

@NattyZ#TSBoulder

Program Companies Capital Raised % Alive/Acq.2007 10 $4.5M 60%2008 10 $31.8M 60%2009 10 $64.1M 80%2010 11 $127.1M 82%2011 12 $85.2M 75%2012 12 $157.7M 75%2013 11 $27.9M 90%2014 13 $22.6M 85%2015 10 $8.4M 100%2016 11 $3.5M 100%

10 years in Boulder

What’s special about Boulder?

Page 13: Techstars Boulder Webinar - Aug 2016

@NattyZ#TSBoulder

What’s special about Boulder?

Page 14: Techstars Boulder Webinar - Aug 2016

@NattyZ#TSBoulder

#1 Best Cities For Starting A Business http://www.forbes.com/pictures/fhgg45jmlm/no-1-boulder-colorado/#26871b81b2da

How Boulder Became America's Startup Capitalhttp://www.inc.com/magazine/201312/boulder-colorado-fast-growing-business.html

Why You Should Start a Company in... Boulderhttp://www.fastcompany.com/1446569/why-you-should-start-company-boulder

25 Cities Worth Moving to If You Want to Launch a Business, #2https://www.entrepreneur.com/article/249735

#1 Best Places to Start a Businesshttps://www.nerdwallet.com/blog/small-business/best-places-to-start-business-2015/

Why Boulder Is America's Best Town for Startupshttp://www.bloomberg.com/news/articles/2010-04-22/why-boulder-is-americas-best-town-for-startupsbusinessweek-business-news-stock-market-and-financial-advice

What’s special about Boulder?

Page 15: Techstars Boulder Webinar - Aug 2016

@NattyZ#TSBoulder

Amazing mentors

What’s special about Boulder?

Founders gave this program a NPS score of 75

Highly rated by companies

Awesome team to help you

Largest Techstars Demo Day

Page 16: Techstars Boulder Webinar - Aug 2016

@NattyZ#TSBoulder

• 3 months in Boulder, CO

• Jan - Apr 2017

• 10-12 startups from around the world

• $120,000 investment per startup

The Basics

What is the timing of the program and what is a typical day?

Page 17: Techstars Boulder Webinar - Aug 2016

@NattyZ#TSBoulder

Month 1: Mentorship

Month 2: Traction

Month 3: Story

What is the timing of the program and what is a typical day?

Rhythm to calendar - not over scheduled

Page 18: Techstars Boulder Webinar - Aug 2016

@NattyZ#TSBoulder

It’s your company

What is the timing of the program and what is a typical day?

Page 19: Techstars Boulder Webinar - Aug 2016

@NattyZ#TSBoulder

Yes

Do I have to live in Boulder?

…for the three months (at least ;)

Page 20: Techstars Boulder Webinar - Aug 2016

@NattyZ#TSBoulder

What does Techstars look for and how can I standout?

Stage Agnostic

• Teams of 2 to 20+

• Pre-product, pre-revenue to $millions in revenue

• Pre-seed, Seed, Series A

• Typical company: team of 2-4 founders with

$750k raise

Page 21: Techstars Boulder Webinar - Aug 2016

@NattyZ#TSBoulder

What does Techstars look for and how can I standout?

Software Focus

• Use technology to scale rapidly

• Emphasis on pure software but also love

connected hardware

• Boulder is industry agnostic

• B2B, B2C, marketplaces, dev tools, etc.

Page 22: Techstars Boulder Webinar - Aug 2016

Team Team Team

Market Progress Idea

Page 23: Techstars Boulder Webinar - Aug 2016

@NattyZ#TSBoulder

• Have an authentic team video

• Clear & understandable product video

• Complete every section succinctly

• Apply early

What does Techstars look for and how can I standout?

Application Tips

Page 24: Techstars Boulder Webinar - Aug 2016

@NattyZ#TSBoulder

• Guaranteed further investment

• Guaranteed access to network

• For you if you aren't up for hard work and candid

feedback

• For you if you’re uncomfortable opening up

What isn’t Techstars?

Page 25: Techstars Boulder Webinar - Aug 2016

@NattyZ#TSBoulder

What should I do next?

Oct 1

Early Oct

Oct 15

Oct 15-31

Nov 1 -15

Nov 30

Jan 23

Apr 19

Early Application Deadline

Early Interviews

Applications Due

Interviews

Final Interviews

Notification

Program Start

Demo Day

Key Dates

Page 26: Techstars Boulder Webinar - Aug 2016

@NattyZ#TSBoulder

Engage with us

Lines not dots

What should I do next?

Page 27: Techstars Boulder Webinar - Aug 2016

@NattyZ#TSBoulder

techstars.com/apply

Select Boulder first if you want

20+ other programs too

nattyz.com

#TSBoulder

[email protected]

[email protected]

What should I do next?

Page 28: Techstars Boulder Webinar - Aug 2016

@NattyZ#TSBoulder

• Can single founders apply?

• Does the entire team need to

participate?

• Will you help me find housing?

• How much traction do I need?

• Am I too early?

• Am I too late?

• What’s the frequency of the program?

• What happens post program?FA

Q