Presentation given April 2013. State of startup activity in Orange County , CA

1. 1
Intro to OC Startup
Community
Presented by
General Assembly + K5 Ventures
Amir Banifatemi
April 2013
GENERAL ASSEMBLY I K5 VENTURES

2. GENERAL ASSEMBLY I K5 VENTURES
THANK YOU FOR
CONTRIBUTIONS
TO THIS GUIDE
Cade Proulx,
Gunther Sonnenfeld,
Laurie Petinella Zorn,
Ray Chan
2

3. GENERAL ASSEMBLY I K5 VENTURES
CONTENT
3
Startups
Investors
Community Enablers
Meeting, learning and building

4. GENERAL ASSEMBLY K5 VENTURES
ABOUT ME
4
Amir Banifatemi
Entrepreneur, Investor, Product Strategist
Managing Partner, K5 Ventures
President, Tech Coast Angels OC
@A225 | angel.co/amir

5. GENERAL ASSEMBLY I K5 VENTURES
WHAT DEFINES A STARTUP
ECOSYSTEM?
•Startups
•Talent / Leaders
•Investors
•Mentors
•Large Companies
•Government
•Universities
•Connection groups
•Partners / Service Providers
•Community Culture
5

6. GENERAL ASSEMBLY I K5 VENTURES I MAP
STARTUP COMMUNITIES
6

7. 7GENERAL ASSEMBLY I K5 VENTURES | STARTUPS
OC Startup landscape

8. 8GENERAL ASSEMBLY I K5LAUNCH I STARTUPS - WHO THEY ARE
STARTUPS
•Qualaroo
•SignNow
•Anymeeting
•Nanoogo
•AuraWAre
•Connectifier
•Trendbent
•Plasmyd
•NextLanding
•SendGrid
•Drumbi
•Anymeeting
•YouMail
•PayDivvy
•SmartCredit
•Mavenlink
•Extendcredit
…And many more!
510 startups

9. 9GENERAL ASSEMBLY I K5 VENTURES I IRVINE
Irvine
• Center of tech community in OC; “Silicon South”, “Orange Valley”
• UCI, Irvine Business Center, Irvine Commercial Complex
• “Number 5” of best startup Cities in the US

10. 10GENERAL ASSEMBLY I K5 VENTURES I NEWPORT-MESA
Newport-Mesa
• Newport Beach & Costa Mesa
• Venture Capitalists and Angels
• Co-working spaces
• Consulting

11. 11GENERAL ASSEMBLY I K5 VENTURES I HUNGTON BEACH
Huntington Beach
• Digital media companies, agencies,
management companies, etc
• Co-working spaces
• Consulting
• Incubator

12. 12GENERAL ASSEMBLY I K5 VENTURESI MISSION VIEJO
Mission / Aliso Viejo
• Mission Viejo - Lake Forest – Aliso
Viejo
• Large spaces for production
• Affordable rent
• Co-working space

13. 13GENERAL ASSEMBLY I K5 VENTURES I Laguna Beach
Laguna & South County
• The center of art in OC
• Hotel and conferences
• Investing
• Startups
• Consulting

14. 14GENERAL ASSEMBLY I K5 VENTURES I ORANGE
Orange – Anaheim - Fullerton
• Communities around universities:
Chapman / Fullerton
• K5 Launch
• Co-working space

15. 15GENERAL ASSEMBLY I K5 VENTURES I FOUNDERS
FOUNDERS

16. 16GENERAL ASSEMBLY I K5 VENTURES I COMMUNITY
Founders community

17. 17GENERAL ASSEMBLY I K5 VENTURES I VENTURE CAPITAL
VC FIRMS

18. 18GENERAL ASSEMBLY I K5 VENTURES I VENTURE CAPITAL
VENTURE CAPITAL PARTNERS
Huntington Ventures
Douglas Broyles
Scott Burri
InnoCal
Harry Lambert
Rick Gold
Jay Houlihan
Miramar Venture
Partners
Bruce Hallett
Bob Holmen
Heiner Sussner
Okäpi
Mark Averitt
Sharon Stevenson
Palomar Ventures
Jim Gauer
Bob Obuch
Amanda Reed
Sail Capital Partners
Walter Schindler
Hank Habicht
Michael Hammons
Versant Ventures
Brian Atwood
Bradley Bolzon
Samuel Colella
Ross Jaffe
William Link
Barbara Lubash
Donald Milder
Kirk Nielson
K5 Ventures
Amir Banifatemi
Ray Chan
Kai Tao
Tech Coast Angels
Mike Napoli
Richard Sudek
John Morris
Stephen Flaim
Wayne Richard
Mike Panesis
Ace Fund
Ray Chan
David Berkus
David Steakley
Paul Works

19. 19GENERAL ASSEMBLY I K5 VENTURESI ANGEL GROUPS
ANGEL
GROUPS

20. 20GENERAL ASSEMBLY I K5 VENTURES I ANGEL INVESTORS
ANGELS
David
Cheng
Richard
Sudek
Jason
Hsu
Ray ChanSteve Block
Sean
Ellis
Wayne
Rickard
Matt Mireles
Kai
Tao
and more
Jeff Erle
Margot
Shapiro
Neil
Patel

21. GENERAL ASSEMBLY I K5 VENTURES | INVESTMENT STATUS SOCAL Q1 ‘13
Investment
$543 Million
88 deals
21

22. GENERAL ASSEMBLY I K5 VENTURES | OC NUMBERS
OC startup update Q1 2013*
By Q1 2013
VC Investments
$159 Million funding
13 deals
22
Angel Investments
$ 14 Million funding
23 deals
* Angel investment based status based on survey and private data

23. COMMUNITY
CULTURE
GENERAL ASSEMBLY I K5 VENTURES I COMMUNITY CULTURE
Pay it forward attitude
Everyone is a mentor: Share knowledge
Embrace Weirdness: accept differences
Failure is part of exploration
Exploration is essential to innovation
36

24. GENERAL ASSEMBLY I K5 VENTURES | ENTREPRENEURIAL ECOSYSTEM
Entrepreneurial Ecosystem
23
STARTUP CONTEXT
MARKET
CULTURALCORPORATE
ECONOMIC

25. ENTREPRENEURIAL
ECOSYSTEM
GENERAL ASSEMBLY I K5 VENTURES I TOWARDS AN ENTREPRENEURIAL ECOSYSTEM
•Entrepreneurs lead a startup community
•Government, universities, investors, mentors, service
providers and large companies participate in feeding and
nurturing the community
•Constant activities and events are essential to engage all
participants
•Building a regional entrepreneurial culture is critical for a
strong ecosystem
37

26. 26GENERAL ASSEMBLY I K5 VENTURES I LARGE COMPANIES
BIG COMPANIES

27. 27GENERAL ASSEMBLY I K5 VENTURES I UNIVERSITIES
UNIVERSITIES
AND COLLEGES
Community colleges
• Coastline Community College
• Cypress College
• Fullerton College
• Golden West College
• Irvine Valley College
• Orange Coast College
• Saddleback College
• Santa Ana College
• Santiago Canyon College
Universities
•Private, Christian
• Concordia University
• Hope International University
• Trinity Law School
• Vanguard University
Universities
•Private, secular
• Chapman University
• Southern California Institute of Technology
• Anaheim University
• Soka University of America
• Western State University College of Law
• Whittier Law School
•Public
• California State University, Fullerton (CSUF)
• University of California, Irvine (UCI)

28. 28GENERAL ASSEMBLY I K5 VENTURESI ANGEL GROUPS
Entrepreneurship
Connection Platform

29. 29GENERAL ASSEMBLY I K5 VENTURES I TECH PRESS
PRESS
Carlos Pena
Caypen
Jan Norman
OC Register
Ian Hamilton
OC Register
Tom Taully
Forbes
Mark Milian
Bloomberg
Benjamin Kuo
SoCal Tech

30. GENERAL ASSEMBLY I K5 VENTURES I GO
• Sign up for event newsletters
• Attend meet ups, happy hours, panels, and classes
• Learn how to code / design
• Check out hackathons and Startup Weekends
• Take interesting people you meet out for coffee
• Be useful – make introductions, give feedback, help
people you meet, keep an open mind
• Blog about our experiences and adventures
• Engage on Social Media
GET READY
43

31. 31GENERAL ASSEMBLY I K5 VENTURES I MEETUPS
MEETUPS

32. 32GENERAL ASSEMBLY I K5 VENTURES I GO TO STARTUP WEEKENDS

33. 33
NEWSLETTERS
GENERAL ASSEMBLY I K5 VENTURES I NEWSLETTERS
Startups Uncensored — startupsuncensored.com
Startup Digest — startupdigest.com
Launch Ticker — launchticker.com
Dealmaker — dealmakermedia.com
General Assembly — generalassemb.ly
ImpactSocal

34. 34
READ
GENERAL ASSEMBLY I K5 VENTURES I READ
VentureHacks — venturehacks.com
TechMeme — techmeme.com
Paul Graham — paulgraham.com
Fred Wilson — avc.com
Mark Suster — bothsidesofthetable.com
Chris Dixon — cdixon.org
PandoDaily — pandodaily.com
TechCrunch — techcrunch.com
Hacker News — news.ycombinator.com
General Assembly — generalassemb.ly/blog

35. 35GENERAL ASSEMBLY I K5 VENTURES I GO TO – TEDx EVENTS

36. WORKSHOP &
MENTORING
RESOURCES
GENERAL ASSEMBLY I K5 VENTURES I WORKSHOP 27

37. 37GENERAL ASSEMBLY I K5 VENTURES I GO - EDUCATION
EDUCATION
& PROGRAMS
TCVN Workshops
Tech Coast Angels Education sessions
K5 Insight Series
General Assembly – generalassemb.ly

38. COWORKINGAND INCUBATION SPACES
GENERAL ASSEMBLY I K5 VENTURES I COWORKING
ROC – realofficecenters.com
Coport – coport.org
Collab –collaboc.com
Coworking Fullerton– coworkingfullerton.com
Techspace – techspace.com
FastStartStudio – faststartstudio.com
32

39. 39GENERAL ASSEMBLY I K5 VENTURES I INCUBATORS
INCUBATORS
Frostvp.com | San Juan Capistrano
dmc-works.com | Santa Ana
calit2.uci.edu/calit2-techportal| Irvine
calit2.uci.edu| Irvine

40. 40GENERAL ASSEMBLY I K5 VENTURES I ACCELERATORS
ACCELERATORS
K5 Launch.com
Newport Beach
Orange
Irvine

41. 41GENERAL ASSEMBLY I K5 VENTURES I WHAT YOU THINK
COMMON MISCONCEPTIONS

42. HOW DO I GET
STARTED?
ASK YOURSELF (BE HONEST):
GENERAL ASSEMBLY I K5 VENTURES I FIRST STEPS
• What am I passionate about?
• What types of environments suit me?
• What am I good at?
• What part of the tech community best matches up to
my passions and skills?
• How do I best hone these skills and communicate
them to others?
42

43. DO
GENERAL ASSEMBLY I K5 VENTURES I DO THIS
• Learn the lexicon and how to best position your
skillset
• Make it easy for people to help you
• Think long and hard about what kinds of
environments best suit you and seek those out
• Roll up your sleeves and learn new skills
• Remain humble and figure out ways to give back to
the community even when you’re a giant success
43

44. DON’T
GENERAL ASSEMBLY I K5 VENTURES I DON’T DO THIS
• Think everyone knows something you don’t
• Be afraid to ask for help, guidance, and introductions
• Hesitate to offer whatever it is that YOU do best
• Get discouraged
44

45. 45GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I GO
GENERAL
ASSEMBLY

46. 46
THANK YOU
GENERAL ASSEMBLY I K5 VENTURES | INTRODUCTION TO THE ORANGE COUNTY STARTUP COMMUNITY