accelerating startups in europe. what's different?
TRANSCRIPT
Accelerating Startups in Europe.
by Elina Zheleva and Max Gurvits at
@ellie_zheleva @mxgurRunway.vc CCCstartups.com
Ratio of accelerators to startups is higher in Europe
Scales by Freepik CC BY 3.0
Incapability to help startups scale.
Scale progress by Freepik CC BY 3.0
Not able to connect startups to follow-on investors.
Coin stacks by Icons8 CC BY 3.0
Very low number of exits.
Double door & Exit by Freepik CC BY 3.0
But when success hits, it’s good ROI for investors.
Success by Freepik CC BY 3.0
Competition among accelerators improves quality.
Winners’ podium by Freepik CC BY 3.0
Champion entrepreneurship as a desirable lifestyle.
Businessman w/ speaker by Freepik CC BY 3.0
Increase global community links & learning opportunities.
Connected world by Freepik CC BY 3.0
Create a culture of accelerator hopping.
Kangaroo by Freepik CC BY 3.0
Risks:○ Lack of company building experience○ Lost in translation○ Fear of getting real
Bomb by Freepik CC BY 3.0
Benefits:○ Low cost of experimenting and learning○ Generally high technical prowess○ Low entry valuations vs. comparative exit valuations
Gift by Freepik CC BY 3.0
Handshake by Freepik CC BY 3.0
No. of early-stage deals going up 6x faster than US.
Money bag by Freepik CC BY 3.0
Early-stage median investment going down.
Israel0.7
Median seed investment in Europe lower than global.
US0.5
China0.4
Europe0.3
Money bag by Freepik CC BY 3.0
Photo credits:● Europе map by Charles Clegg● Quality seeds by Christopher Dombres● Clock by Paupsers● Hanging rulers by Nic McPhee● Balancing on bike by followtheseinstructions● Crossroads: success & failure by Chris Potter● Good or Evil by Matt Reinbold● Swim at your own risk by Tim Fau● Market gap (OpenStreetMap GPS bulk data map of Europe)
by Steven Kay● Hire me, graduation by Benson Kalahar● Steve Jobs by tenz1225● Ford vs Smart by Sivi Steys● Bull’s head, Picasso sculpture by Lars Wästfelt