2. Startup. Do I?
A startup is a human institution designed to deliver
a new product or service under conditions of
extreme uncertainty. /Eric Ries/
Lifestyle Startups: Work to Live their Passion
Small Business Startups: Work to Feed the Family
Scalable Startups: Born to Be Big
Buyable Startups: Born to Flip
Large Company Startups: Innovate or Evaporate
Social Startups: Driven to Make a Difference
/Steve Blank/
3. Bootstrap? Angels or VC?
Deficit of risk-adverse money
Organic growth
Speed of process
Smart money
FFF = Business Angel ?
Superangel = Venture Capitalist
4. What is VC looking for?
TEAM !
Market = growth / exit
Scalability
“Unfair” advantage
5. It’s ALL about the people
Mindset – Attitude - Values
Wantrepreneur – Entrepreneur
Multi-skilled ONE is not a team
Ego – question ?
“Baby and the fighting couple”?