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Web.Start Zagreb | 8.-9. svibnja 2008
5000 days old
“The Internet changed the way we live and do business, the next 5000 days will have 10 x as much impact. We’re only at the very beginning of the technology age!”
infinite bandwidth
unstoppable growth of internet connections
Cheap computing,infinite bandwithunstoppable growth of internet connections,Open Standards
9 billion euros of Gold.= market value of Facebook
5000 days old
foto publiek
Scarce
Dream Team
Croatian Dream Team?
?
How to build a successful startup?
How to build a successful startup?
5 Ingredients
IdeaTeamTime
MoneySpirit
Ideas are worth nothing, it is about execution.
How to pick your idea as time is scarse?Fleck verhaalConfNetwork verhaal
Conclusion:1. What is keeping you up at night. same as with girls.2. Solve a problem
Pick your partners based on skills, complementary skills.
If you chose a friend as partner realize you can lose him or her when things go bad.
Fleck verhaal (2 founders)Confnetwork (5 founders)
Dedication is important. Make sure you’re all on the same page.From idea to launch takes about 6 months, take into account that your idea will evolve over time while building to service.Fleck verhaal. hele concept omgegooid 3 maanden voor launch.Confnetwork, same story, after first test we saw that it needed to be changed radically
How much do you need?Do you need investors or can you bootstrap.
Getting funded takes a lot of time and is delaying your launch, ideal situation is to raise money after you’ve launched.If you want to raise money at all..!
Focus on earning money from your customers. 37signals, animoto
37signals
Animoto.com
Spirit (picture)Have fun!
Startup life is hard and you can make more money somewhere else. But it is inspiring, fun and keeping the spirit is very important. The vibe and passion you have for your service will affect other people, that iAND it can be good marketing as well.
More focus on making money.B-2-Small Chybrid companies focussing on online tools with offline spinoffs.Mobile web will become mainstream. Develop for android and iPhone
Ubiquitous. It is already.
Final Conclusions:• We are just at the beginning• Find your idea• Don’t waste time and talent, work together• Focus on getting your app out there• Worry about VCs later.• Have fun
