discussion on startups, venture capital and entrepreneurshiplapalme/ift3225/presentation-j... ·...

Discussion on Startups, Venture Capital and Entrepreneurship

JS Cournoyer js@realventures.com www.jscournoyer.com @jscournoyer

Me

I’m not a moustache person

Father of Five

Family man

Community

I’m committed to the Startup Ecosystem

Work

I help entrepreneurs succeed

What is Venture Capital?

‣ financial capital provided to early-stage, high-potential, high risk, growth startup companies

‣ VC funds make money by owning equity in the companies they invest in, which usually have a novel technology or business model in high technology industries, such as biotechnology, IT, software, etc

‣ VC accounts for 21% of USA GDP and 11% of private sector jobs

According to Wikipedia

The new funding ecosystem

Open Source Software (free)

Dynamic Development Frameworks (free)

Cloud Computing (pay as you go)

Mass Market Distribution Platforms

Costs from concept to validation trending to $0

New funding model required

2004: SoftTech VC, SV Angels

First Super Angels

Today: Super Angels become Micro VCs

AngelList: 100s of Angels chasing deals

2005: Y Combinator

First Accelerator

Today: hundreds of Accelerators all over

the world

Today: Facebook valued at $80B

Twitter at $7-8B Zynga at + $10B Groupon at $20B Linkedin at $8B Pandora at $3B

Today: Dropbox valued at $4B AirBnB valued at $1B

Spotify at $1B Square at $1B Fourquare at ?

Today: VC funds getting bigger again

Sequoia at $1.3B Greylock at $1B Accel at $1.35B

Bessemer at $1.6B

What is Real Ventures?

‣  Invest in entrepreneurs and help achieve market validation

‣  Initial investment of $50K to $400K

‣  Target ownership of 10-25%

‣ Web, mobile, Saas, gaming, digital media tech, social, data optimization

‣  Invest up to $3M per company

A $50 MILLION

SEED FUND

What is Founderfuel?

‣ Mentor-driven accelerator program like Techstars ‣ 2 cohorts of 8-12 companies per year ‣ 12 weeks program in Montreal ‣ Mentor day ‣ Iteration, mentoring, coaching, access to networks ‣ Demo day ‣ ~$25K for 6% of the company

Should I start a company?

Should I apply to an Accelerator like

Founderfuel?

Should I raise VC money?

Should I join a startup?

Thank You

JS Cournoyer js@realventures.com www.jscournoyer.com @jscournoyer