Η παρουσίαση των Γιώργου Τζιραλή και Γιώργου Κασσελάκη στην εκδήλωση Startup Stories.

1. Putting the pieces together

3. 240507 / London

4. 2 years ago

5. 40 events,
in 6 cities

6. 130 speeches,
100s of participants
6

7. 2009
7

8. we came a long way
y-w ise
unit
c omm

9. still,
the ecosystem is broken

10. how can we
get there?

11. to start-up, you need
•brainpower
•community
•funding
•advisory

12. brainpower
•1.7% of greeks holding
MSc or PhD
•#1 in EU regarding
people studying abroad
•top in availability of
scientists and engineers

13. to start-up, you need
•brainpower
•community
•funding
•advisory

14. to start-up, you need
✓ brainpower
•community
•funding
•advisory

15. to start-up, you need
✓ brainpower
•community
•funding
•advisory

16. start-ups @ OC
•they exist
•able to succeed
•interest is huge
•potential is even bigger

17. to start-up, you need
✓ brainpower
•community
•funding
•advisory

18. to start-up, you need
✓ brainpower
✓ community
•funding
•advisory

19. to start-up, you need
✓ brainpower
✓ community
•funding
•advisory

20. venture capital
•lots of traction lately
•a number of new funds
•significant capital
available
•yet, no liquidity. why?

21. funding, worldwide
availability
seed VC rounds public

22. funding, in greece
availability
seed VC rounds public

23. 0
high-tech, early stage
investments in GR, 2007
(in €, EVCA)

24. venture capital
•no angel / early stage
•risk averse
•lack of knowledge in the
tech field
•no relevant network

25. to start-up, you need
✓ brainpower
✓ community
•funding
•advisory

26. to start-up, you need
✓ brainpower
✓ community
- funding
•advisory

27. to start-up, you need
✓ brainpower
✓ community
- funding
•advisory

28. advisory
•more vital than money
•providing expertise,
directions & contacts
•you need the best, with
a network of global reach

29. advisory
•harder to find than VCs
•locals, not well
connected
•intnls, not approachable
•you are left in the dark

30. to start-up, you need
✓ brainpower
✓ community
- funding
•advisory

31. to start-up, you need
✓ brainpower
✓ community
- funding
- advisory

32. so?
•the system is broken,
start-ups are few
•but solutions exist
•we are here to put the
pieces together

33. who are we

34. George Tziralis
entrepreneur,
open coffee, GR

35. George Kasselakis
entrepreneur,
open coffee, GR

36. Dimitris
Athanasiadis
entrepreneur,
open coffee, GR

37. Spiros Xanthos
entrepreneur, pattern
insight, CA, US

38. Apostolos Apostolakis
entrepreneur, e-shop, GR

39. Teresa Farmaki
venture capitalist,
piraeus bank, GR

40. Yannis
Dosios
VP marketing,
smilebox,
WA, US

41. who are we
•7 executive members
- bringing, knowledge,
experience & passion to the
table
•49technology, management,
- on
advisors & counting
sales, marketing, everything
you need

42. goal
•find the best and
brightest teams
•help them build globally
aimed start-ups
•make them succeed

43. looking for
•stellar teams
•globally innovative
ideas, still at seed level
•disruptive biz models
•in and around software
and the web

44. call for proposals
•open to everyone
(teams of 2-4)
•online submission,
•in person interview &
•presentation day

45. “incubate”
•pick up to 5 start-ups
•extensively support in
all things start-up
•for a 4-month period
•iterate

46. offer
•hands-on mentoring,
day-to-day, no interfering
•networking, globally
•20-30k€ for 20% of
shares
•smooth start & grow

47. all you need to
•quit everything else
•focus on your skills,
team & idea
•don’t waste time on
unproductive activities
•make it happen

48. commitment
•by sharing the stakes
•80%, entrepreneurs
•12%, investors
•8%, open fund

49. re-invent the wheel?
•no, model tested before
•YCombinator,
Seedcamp, Techstars...
•it works!
•& it’s what’s missing
here

50. schedule
•call opens in late June
•closes in Sep 30
•review & selection in
mid Nov
•incubation starts Dec 1

51. progress update
•1st call closed in Sep 30
•57% applications from
Greece
•20 countries in total

52. progress update
•full reviews returned
•then biz plan &
interviews required
•launch day on Nov 21
•next call ends Feb 28!

53. who’s next?

54. www.theopenfund.com