intro to the london startup comm 01.2015

LIZ ELFMAN, HEAD OF LONDON MARKETING GENERAL ASSEMBLY

INTRO TO THE LONDON STARTUP COMMUNITY


WELCOME!

LIZ ELFMAN !MARKETING, GENERAL ASSEMBLY ! @LIZELFMAN [email protected]

mailto:[email protected]?subject=


AGENDA

FACTS AND FIGURES STARTUPS YOU NEED TO KNOW VCS, ANGELS, MEDIA ACCELERATORS, INCUBATORS, CO-WORKING SPACES NETWORKING EVENTS NEED A JOB? IN SUMMARY… SYNC UP WITH LONDON Q&A !


FACTS AND FIGURES


FACTS AND FIGURES

‣ LONDON IS THE THIRD LARGEST TECH CLUSTER IN THE WORLD, BUT SV AND NYC HAVE MORE COMPANIES IN THE “SCALE” STAGE !‣ NEW YORK CITY HAS ALMOST DOUBLE THE AMOUNT OF FEMALE FOUNDERS COMPARED TO SILICON VALLEY AND LONDON (20

PERCENT FEMALE VS 10 PERCENT FEMALE, RESPECTIVELY) !‣ LONDON AND NYC OUTSOURCE 34% MORE OF THEIR PRODUCT DEVELOPMENT THAN DOES SILCON VALLEY !‣ SILICON VALLEY ENTREPRENEURS ARE 13 PERCENT MORE LIKELY TO TACKLE NEW MARKETS THAN LONDON ENTREPRENEURS.

LONDON ENTREPRENEURS ARE 21 PERCENT MORE LIKELY THAN ENTREPRENEURS IN SILICON VALLEY TO TACKLE EXISTING MARKETS WITH BETTER PRODUCTS. !‣ THE AVERAGE AGE OF FOUNDERS IN ALL THREE ECOSYSTEMS IS ABOUT THE SAME, WITH AN AGGREGATE AVERAGE OF 33.5[*1]

!


FACTS AND FIGURES

‣ EQUITY FINANCING FOR VENTURE-BACKED TECH COMPANIES IN LONDON HIT $1.4 BILLION IN 2014, DOUBLING THE AMOUNT IT RAISED LAST YEAR. BUT THAT STILL FALLS BEHIND THE $22 BILLION INVESTED IN SILICON VALLEY, AND THE $1.7 BILLION INVESTED IN NEW YORK-BASED COMPANIES IN JUST THE THIRD QUARTER ALONE. [*2] !!


STARTUPS YOU NEED TO KNOW

‣ LONDON’S BIG EXITS:

KING.COM - $7.1 BILLION IPO, 2014 JUSTEAT - $2.44 BILLION IPO, 2014 DEEPMIND - $ 400 MILLION, SOLD TO GOOGLE, 2014 LOVEFILM.COM - $317 MILLION, SOLD TO AMAZON, 2011 TWEETDECK - $40 MILLION, SOLD TO TWITTER, 2011 BETFAIR - $2.48 BILLION IPO, 2010 BEBO - $850 MILLION, SOLD TO AOL, 2008 LAST.FM - $280 MILLION, SOLD TO CBS, 2007

http://king.com

http://lovefilm.com


STARTUPS YOU NEED TO KNOW !



‣US < > LONDON



‣ LONDON’S TOP STARTUP SECTORS: ‣ FINTECH ‣ LONDON HAS MORE FINTECH STARTUPS THAN ANYWHERE IN EUROPE ‣ LEVEL 39, BARCLAY’S FINTECH ACCELERATOR

!‣ FASHION / E-COMMERCE ‣NEW YORK AND LONDON, NOT SILICON VALLEY, COMPETE FOR THE TOP SPOT FOR STARTUP FASHION[*4] ‣UNIVERSAL SHOPPING CARTS, DISCOVERY, AND DATA (LYST, SILKFRED, EDITD) ‣ PURCHASE / RENTAL PLATFORMS (COVETIQUE, GIRL MEETS DRESS)



‣WHAT IS TECH CITY? “ANCHORED IN SHOREDITCH, WE’VE GROWN INTO AN ORGANISATION WHICH DELIVERS PROGRAMMES FOCUSED ON ACCELERATING THE GROWTH OF DIGITAL BUSINESSES, IN LONDON AND CITIES ACROSS THE UK, AT ALL STAGES OF THEIR DEVELOPMENT. EXAMPLES INCLUDE FUTURE FIFTY, DIGITAL BUSINESS ACADEMY AND THE INTERNET OF THINGS LAUNCH PAD.

!A PUBLICLY FUNDED ORGANISATION WITH A PRIVATE SECTOR MENTALITY, WE ALSO PROVIDE A VOICE OF ADVOCACY FOR DIGITAL ENTREPRENEURS. WE FEED BACK OUR FINDINGS TO POLICY-MAKERS TO INFLUENCE CHANGE AND WE ARE DEDICATED TO FOSTERING THE RIGHT CONDITIONS TO START, GROW AND SCALE A DIGITAL BUSINESS IN THE UK. WE AIM TO MAKE LIFE BETTER FOR DIGITAL ENTREPRENEURS.” [*5]


WHO’S WHO

ROHAN SILVA CO- FOUNDER AT SECOND HOME, HUBBLE,FORMER SENIOR POLICY ADVISOR ON TECHNOLOGY TO THE PRIME MINISTER

DEBORAH RIPPOL DIRECTOR AT UP GLOBAL, COMMUNITY LEAD AT WEWORK SOUTH BANK

GERARD GRECH CEO, TECH CITY FORMER SENIOR DIRECTOR AT BLACKBERRY

EZE VIDRA HEAD OF CAMPUS LONDON, PARTNER AT GOOGLE VENTURES


WHO’S WHO

ERIC VAN DER KLEIJ HEAD OF LEVEL 39, FORMER HEAD OF TECH CITY

BENJAMIN SOUTHWORTH COFOUNDER OF 3BEARDS, FORMER DEPUTY CEO OF TECH CITY

HUSSEIN KANJI PARTNER, HOXTON VENTURES


INVESTORS TO KNOW

EILEEN BURBIDGE PASSION CAPITAL

SHERRY COUTU VARIOUS

BRENT HOBERMAN PROFOUNDERS CAPITAL


VCS, ANGELS, MEDIA

‣VENTURE CAPITAL: ‣ INDEX VENTURES ‣ ACCEL PARTNERS ‣ GOOGLE VENTURES ‣ BALDERTON CAPITAL ‣ DJF ESPIRIT ‣ ATOMICO ‣ PASSION CAPITAL ‣ HOXTON VENTURES ‣ CONNECT VENTURES ‣ WELLINGTON PARTNERS

!‣ EDEN VENTURES ‣ PROFOUNDERS CAPITAL ‣ NOTION CAPITAL ‣ PENTECH VENTURES ‣ PLAYFAIR CAPITAL


EQUITY CROWDFUNDING AND LOANS

!‣ EQUITY CROWDFUNDING

!‣ LOANS


TECH MEDIA

@MIKEBUTCHER - @TECHCRUNCH @ZEE - FORMERLY @THENEXTWEB @CHARLESARTHUR - FREELANCE, FORMER @GUARDIANTECH @JACKSCHOFIELD - FORMER @GUARDIANTECH @ALEXWOODCREATES - EDITOR @TECHCITYNEWS @ BENJROONEY - FOUNDER @ INFORMILOMEDIA, FORMER WSJ @MARTHALANEFOX - NUMEROUS DIGITAL PROJECTS @HKANJI - OF @HOXTONVENTURES @SHANERICHMOND - FORMER @TELEGRAPHTECH @HAMLESH - INVESTOR !!


TECH MEDIA

@INGRIDLUDEN - @TECHCRUNCH @ROBINWAUTERS - FOUNDER @TECH_EU @JEMIMAKISS - TECH EDITOR @GUARDIAN @OLIVIA_SOLON - TECH EDITOR @DAILYMIRROR @IROWAN - EDITOR @WIREDUK @MARTINSFP - @THENEXTWEB @BBCRORYJ - TECH EDITOR @BBC @HANNAHKUCHLER - SF CORRESPONDANT @FT @STUARTDREDGE - MUSIC, APPS, AND TECH @GUARDIAN !!


INCUBATORS AND ACCELERATORS

!‣ MICROSOFT VENTURES ‣ VIRGIN STARTUP ‣ OXYGEN ACCELERATOR ‣ WAYRA UK ‣ SEEDCAMP ‣ TECHSTARS ‣ ENTREPRENEUR FIRST ‣ COLLIDER.IO ‣ MASSCHALLENGE

!!

!‣ BARCLAYS ACCELERATOR (FINTECH) ‣ STARTUP BOOTCAMP (FINTECH IN LONDON) ‣ HEALTHBOX (HEALTH) ‣ BETHNAL GREEN VENTURES (SOCIAL) ‣ THE BAKERY (AD-TECH) ‣ BBC WORLD-WIDE LABS (MEDIA)


COWORKING SPACES!‣ WEWORK ‣ RUNWAY EAST ‣ TECHHUB ‣ GOOGLE CAMPUS ‣ RAINMAKING LOFT ‣ WHITE BEAR YARD ‣ WARNER YARD ‣ THE SOHO COLLECTIVE ‣ CENTRAL WORKING ‣ THE TRAMPERY ‣ THE CUBE ‣ THE HUB / IMPACT HUB ‣ INNOVATION WAREHOUSE

!!


NETWORKING EVENTS


NETWORKING EVENTS

‣ STARTUP GRIND ‣ DON’T PITCH ME BRO ‣ GLUG LONDON - DESIGN AND CREATIVE ‣ CREATIVE BYTES ‣ DESIGN + BANTER - DESIGN ‣ LONDON TECHNOLOGY WEEK ‣ HACKER NEWS LONDON ‣ STARTUP WEEKEND ‣ SILICON DRINKABOUT ‣ MEETUPS ‣ SILICON CHRISTMAS ‣ MIKE BUTCHER’S STARTUP EVENTS LIST [*6]


NEED A JOB?

!‣ ESCAPE THE CITY - YOUR BEST FRIEND! ‣ UNICORN HUNT ‣ SILICON MILK ROUNDABOUT ‣ TECH CITY JOBS ‣ WORK IN STARTUPS ‣ 3 BEARDS ‣ DREAMSTAKE SKILLSWAP ‣ HIRE MY FRIEND ‣ JOBPAGE ‣ ENTERNSHIPS

!!!!


IN SUMMARY….. THE BAD !‣ SLOW PACE ‣ COST OF LIVING ‣ WAGES ‣ RISK AVERSE ‣ HIRING TIME PERIOD ‣ FEAR OF FAILURE


IN SUMMARY….. THE GOOD !‣ COMMUNITY ‣ CREATIVITY ‣ ARTS AND CULTURE ‣ DIVERSITY ‣ EDUCATION ‣ GOVERNMENT SUPPORT ‣ WORK-LIFE BALANCE


SYNC UP WITH LONDON - NEWSLETTERS!‣ GENERAL ASSEMBLY MAILING LIST ‣ ADA’S LIST - WOMEN IN TECH GOOGLE LISTSERV ‣ THE FETCH ‣ ESCAPE THE CITY ‣ STARTUP DIGEST ‣ TECH CITY NEWS ‣ THE DRUM ‣ 3460 MILES ‣ FACEBOOK GROUPS - LONDON STARTUPS, LONDON

STARTUP EVENTS

!!!!!!

TITLEQ&A



CITATIONS *1 - HTTP://TECHCRUNCH.COM/2012/04/10/STARTUP-GENOME-COMPARES-TOP-STARTUP-HUBS/ *2 - HTTP://WWW.FT.COM/CMS/S/0/0FF8687C-8F52-11E4-B080-00144FEABDC0.HTML#AXZZ3NMNHV53Q *3 - HTTP://WWW.TECHCITYUK.COM/INVESTORS/ *4 - HTTP://WWW.FT.COM/CMS/S/0/C0A930AE-1408-11E4-B46F-00144FEABDC0.HTML#AXZZ3NMNHV53Q *5 - HTTP://WWW.TECHCITYUK.COM/ABOUT-US/ *6 - HTTP://TECHCRUNCH.COM/2014/01/05/FOR-YOUR-DIARY-THE-BEST-EUROPEAN-EVENTS-FOR-STARTUPS-IN-2014/

http://techcrunch.com/2012/04/10/startup-genome-compares-top-startup-hubs/

http://www.ft.com/cms/s/0/0ff8687c-8f52-11e4-b080-00144feabdc0.html#axzz3NmNhv53q

http://www.techcityuk.com/investors/

http://www.ft.com/cms/s/0/c0a930ae-1408-11e4-b46f-00144feabdc0.html#axzz3NmNhv53q

http://techcrunch.com/2014/01/05/for-your-diary-the-best-european-events-for-startups-in-2014/


THANK YOU! ! @GA_LONDON HTTPS://WWW.FACEBOOK.COM/GROUPS/GALONDON/ GENERALASSEMB.LY

https://www.facebook.com/groups/galondon/

http://generalassemb.ly

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