Silicon Valley Spirit in Switzerland - first Society3 Startup Event Zurich October, 2015
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Axel Schultze, Society3 serial entrepreneur and investor is sharing stories from building his own companies in Europe and Silicon Valley. Going global - why is it important? When is a good time? Funding In Europe - European startup investment Silicon Valley’s key differentiators
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Silicon Valley Spirit in Switzerland - first Society3 Startup Event Zurich October, 2015
- 1. #Society3 Meetup Zürich Oct 14 Axel Schultze, CEO Society3 Opportunity & Fundraising in Europe Creating a new entrepreneurship culture Going Global - East is the new west
- 2. © Copyright Society3 2015 Copying or distribution is prohibited #Society3 5 times entrepreneur 2 IPOed 1 with $5 Billion in revenue Computer 2000 | Infinigate | WebStock | BlueRoads | Social Media Academy | Now helping entrepreneurs what he learned in Europe and Silicon Valley Twitter: @AxelS Speaker Introduction
- 3. © Copyright Society3 2015 Copying or distribution is prohibited #Society3 3 135 New Members THANK YOU
- 4. © Copyright Society3 2015 Copying or distribution is prohibited #Society3 4 100% Advocacy No newsletter No call center No advertising No email marketing
- 5. © Copyright Society3 2015 Copying or distribution is prohibited #Society3 eMarketing and zero advertising Business focused approach Stellar sales & marketing CEO Some of the few differences
- 6. © Copyright Society3 2015 Copying or distribution is prohibited #Society3 Funding In Europe With an estimated 800,000 millionaires (~1% of population) Germany is eye-to- eye with the USA. (CNBC) Investors US | Europe Millionairies 3.4MM | 4.1MM Billionairies 536 | 515 Capital $12.1 T | $12.0 T Unfortunately EU investors invest in US startups and US investors not in EU It‘s time to make European startups so attractive that they can tap into the available capital NOW!!!
- 7. © Copyright Society3 2015 Copying or distribution is prohibited #Society3 European startup investment is dry While same financial power than the US: EU startups are less compelling, less bold Entrepreneurship education way behind Teams way too technical, no business spirit
- 8. © Copyright Society3 2015 Copying or distribution is prohibited #Society3
- 9. © Copyright Society3 2015 Copying or distribution is prohibited #Society3
- 10. © Copyright Society3 2015 Copying or distribution is prohibited #Society3 Silicon Valley’s key differentiators Vision The European ‘step by step’ approach is killing any business – go big from the get go Business Model Focus Teams learned to disrupt not only improve Deliver value not features Learning & Sharing Capabilities US teams can listen, learn, iterate and execute better than any other culture.
- 11. © Copyright Society3 2015 Copying or distribution is prohibited #Society3
- 12. © Copyright Society3 2015 Copying or distribution is prohibited #Society3 Going Global Think Global - Be Global Getting your first customers local is certainly ok Building your business local is not !!! A bold vision is worth sharing globally Start with a global market in mind It‘s boring to fund a small – step by step business
- 13. © Copyright Society3 2015 Copying or distribution is prohibited #Society3 Building a global business Everything needs to be in English The only domain worth registering is .com Understand the needs of your market and the competition on a global scale Serve 7+ Billion people (200k growth/day) Build a product that makes sense and is needed globally Build a team that can comprehend ‘global‘ Funding is much easier available for globals
- 14. © Copyright Society3 2015 Copying or distribution is prohibited #Society3 Igniting global entrepreneurship Our mission is to help startups fulfill their dreams and create new jobs creating prosperity all over the globe
- 15. © Copyright Society3 2015 Copying or distribution is prohibited #Society3 We help when needed We run entrepreneurship programs 3 Day program starting Nov. 23 Next year a full year program As of 2016 we are available as mentors Otherwise we enjoy life
- 16. © Copyright Society3 2015 Copying or distribution is prohibited #Society3 #Society3 Thank You Innovation is of no value without a compelling business model
- 17. © Copyright Society3 2015 Copying or distribution is prohibited #Society3 Global Entrepreneurship Week 3 day intense program - Zürich Vision development - crafting a bold vision Dream Team Theory, building the perfect team Modern, sustainable business ethics Creating a compelling company culture Ensuring and manageing Product-market-fit Go-to-market strategy on a global scale Creating a profound capitalization strategy Raising € 250,000 to € 5,000,000 Nov 23 - 25 Fee: € 1,295
- 18. © Copyright Society3 2015 Copying or distribution is prohibited #Society3 Announcements Open Microphone