TetuanBValley

Tetuan Valley, OCTOber 2012

Startup School 7: Fall2012

WEEK 5 FUEl

“SHAKES? ME TOO. I GET ‘EM bad. It’s part of the business”

#startspain

DO YOU KNOW WHAT MAKES YOUr SHIPS go UP?

i’ll tell you something too: NO bucks, no buck rodgers!

BOOTSTRAP OR VC?

beware the ODDS!

MOTIVE vs MOTIVATION

#startspain

ENDURANCE

PARTNERS vs OTHERS

BEWARE THE END GAME

TRUST AND COMMUNICATION

FOLLOWERS AND COPYCATS

PRODUCT and SUCCESS

CHOOSE A GOOD

WAVE!!!

ONE YOU CAN LEARN TO LOVE

SUSTAINABLE MODELS

vs FAIRY TALES

#StartSpain  

HOW A FORMER CONSULTANT CLASSIFIES INVESTORS

Level  of  support  

Investment  ra4onale  

Industriales  

Private  Equity  

Friends  and  family  

Business  Angels  

Family  Office  

Own  Money  

Other  People’s  Money  (OTM)  

SOURCE  OF  FOUNDS  3  

Source:  Perennius  

#StartSpain  

DEAL FLOW SOURCES

DEAL FLOW SOURCES

Business Angel Networks

#StartSpain  

DEAL FLOW SOURCES

Universities Communities News

#StartSpain  

ANGELLIST   angel.co

#StartSpain  

GUST  (Formerly  known  as  ANGELSOFT)   gust.com

#StartSpain  

CRUNCHBASE crunchbase.com

#StartSpain  

LOOGICBASE loogic.com

#StartSpain  

How do investors manage dealflow?

5000  

500   100   25   5   2  

4500  

400  75   20   3  0  

1000  

2000  

3000  

4000  

5000  

6000  

Start   Sounds  serious  

Criteria   1  Pager   Interview   Due  Dilligence  

Check  later  Keep  checking  

#3 #2 #4 #5 #6 #1

Can  his  replicant  

stop  a  Blade  Runner?  

1. Does it make you laugh?

Is  it  the  type  of  stuff  I  invest  in?  

#StartSpain  

2. Criteria checklist

Source: Okuri Ventures

A WORD ABOUT RETURN EXPECTATIONS

“Before beginning with any startup you need to find a problem and the way to solve it without screwing anybody in the process” - Tristan Mace

#StartSpain  

3. 1 Pager

4. Team

#StartSpain  

5. Competitor analysis

#StartSpain  

6. Due diligence

7. Negotiation