Seedcamp Background

Post on 12-Jan-2015

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Seedcamp

Creating Europe’s Next Generation Entrepreneurs

EU has 11 of Top 15 broadband markets

Online advertisers spend 2x in UK than US…

We have amazing young R&D talent…

We have 7/10 top locations for young coders

We’ve given birth to powerful technologies…

We have experienced venture capital...

We’ve begun to have some great exits…

$4.1bn $1.1bn

$366m$900m $575m

$265m $280m

Entrepreneurs actively seed investing...

• Oliver Jung (30+ investments)• Saul & Robin Klein (20)• Samwer Bros• Martin Varsavsky• Niklas Zennstrom & Janus Friis• Klaus Hommels• Stefan Glaenzer• Michael Kleindel• Brent Hoberman• Hugo Burge and David Soskin

We have a pipeline of web leaders….

Europe has everything going for it…

West Coast has created $750bn market cap

Why are there no European versions?

Young entrepreneurs are frustrated

“The density of smart people who understand this space is so much higher in San Francisco than it is in London and the opportunities are so much greater. People look slightly ashamed for anyone aiming as big as Google here - there's a feeling that you shouldn't embarrass yourself by trying.“

Peter Nixey, WebKitchen

What is Seedcamp?

• Catalyst for generating Europe’s next generation of entrepreneurs

• Focussed on providing initial seed capital and connections which entrepreneurs need to succeed

• Targeted at EMEA’s brightest and most ambitious young entrepreneurs

• Organization dedicated to helping them take risks to create world-beating businesses

Who’s behind it?

• Executive Team:– Saul Klein, Exec Chair: Co-founder Video Island (Lovefilm), Skype, Index– Reshma Sohoni, Exec Director: 3i

• Board Members:– Mattias Ljungman: Co-founder Atomico (with Niklas Zennstrom)– Jason Goodman: Co-founder Albion Communication– Sara Murray: Founder Buddi, Confused.co.uk– Paul Birch: Co-founder BirthdayAlarm, Bebo– Robin Klein: Serial Entrepreneur & Seed Investor TAG– Sumon Sadhu: Founder, Imperial Entrepreneurs

• Selection Panel:– Avid Larizadeh: Accel– Greg Marsh: Index Ventures– Olivier Schuepbach: Wellington Partners– Paul Fisher: Advent Ventures

How does it work?

• Application & Selection– Targeted at young teams from EMEA– Open application through the web– 20 best teams selected by panel of VCs– Invited to come to London for week in September

• Seed funding– Week long, immersive event in London for winners– Successful teams surrounded by 150+ exceptional mentors– Up to 5 teams chosen for €50k funding for 10% equity stake– Invited to stay a further 3 months in London

• Company development– Weekly dinners & events to support teams– Demo day after 6 weeks – Funding day after 10 weeks

July & August

Sept 3rd-7th

Sept toNovember