my entrepreneurial journey

14
PROPRIETARY AND CONFIDENTIAL MY ENTREPRENEURIAL JOURNEY 1 Carnegie Mellon University October 8, 2014 http://www.flickr.com/photos/ecstaticist/3289337255/sizes/l/

Upload: sean-ammirati

Post on 06-May-2015

728 views

Category:

Career


0 download

DESCRIPTION

A talk I gave at the Tepper School of Business at CMU on my entrepreneurial journey. I used the LinkedIn maps to talk about some of my early networking and then focused in on the underlying assumptions driving the creation of Birchmere Labs and how that came to be. Alsok

TRANSCRIPT

Page 1: My Entrepreneurial  Journey

PROPRIETARY AND CONFIDENTIAL

MY ENTREPRENEURIAL

JOURNEY

1

Carnegie Mellon University October 8, 2014

http://www.flickr.com/photos/ecstaticist/3289337255/sizes/l/

Page 2: My Entrepreneurial  Journey

PROPRIETARY AND CONFIDENTIAL

http://inmaps.linkedinlabs.com/network 1,850 connections

2

Page 3: My Entrepreneurial  Journey

PROPRIETARY AND CONFIDENTIAL 3

Page 4: My Entrepreneurial  Journey

PROPRIETARY AND CONFIDENTIAL 4

Page 5: My Entrepreneurial  Journey

PROPRIETARY AND CONFIDENTIAL 5

Page 6: My Entrepreneurial  Journey

PROPRIETARY AND CONFIDENTIAL 6

Page 7: My Entrepreneurial  Journey

PROPRIETARY AND CONFIDENTIAL 7

Page 8: My Entrepreneurial  Journey

PROPRIETARY AND CONFIDENTIAL 8

Page 9: My Entrepreneurial  Journey

PROPRIETARY AND CONFIDENTIAL 9

Trends Supporting Launch of Birchmere Labs

03 05 07 09 11

VC Blogs emerge

RoR launches

LAMP stack

Amazon S3 / EC2

Apple democratizes mobile deck (iOS)

YCombinator launch

Betaworks launches

Science launches in LA

The Lean Startup published

AngelList launches

Page 10: My Entrepreneurial  Journey

PROPRIETARY AND CONFIDENTIAL

Birchmere Labs model

10

~ $50k

~ $100k

~ $200k

concepts

scale

spin out

~ 15 “Classic” Seed Investments !

$200k initial investment

STUDIO SEED

+

IDEAS ~ $1k

Page 11: My Entrepreneurial  Journey

PROPRIETARY AND CONFIDENTIAL

Just Like Our Companies ...

11

Build

Measure Learn

Page 12: My Entrepreneurial  Journey

PROPRIETARY AND CONFIDENTIAL 12

Early Stage continues to be disrupted

Angel List Syndicates

Series A Crunch / Bifurcation

JOBS Act & Crowd Funding

New Studio & Seed Funds

Evolving Institutional Seed Metrics

Page 13: My Entrepreneurial  Journey

PROPRIETARY AND CONFIDENTIAL

FOUR LETTER WORDS @ 37 SIGNALS

Source: http://37signals.com/svn/posts/439-four-letter-words

They are especially dangerous when you string them together. How many times have you said or heard something like this:

!

“We really need it. If we don’t we can’t make the customer happy. Wouldn’t it be easy if we just did it like that? Can you try it real fast?”

13

Need

Must

Can’t

Easy

Just

Only

Fast

Page 14: My Entrepreneurial  Journey

PROPRIETARY AND CONFIDENTIAL

THANK YOU !

@SEANAMMIRATI !

14