13+  yearsin  web/mobile  development+money    +experience    -­‐perspective    -­‐fun

Arghhh,  I’m  gonna  die!

To  surviveyou  need  to  adapt  

3  startupsSaaS/social/mobile

-­‐money    ++experience    ++perspective    +fun

What  eegloo  actually  is?

An  igloo  (Inuit  language:  iglu,[1]  ᐃᒡᓗ  [iɣ.'lu]  or  snowhouse  is  a  type  of  shelter  built  of  snow,  originally  built  by  the  Inuit.

a  new  type  of  incubator  that  offers  its'  inhouse  team  &  cozy  place  to  bake  lean,  itch-­‐scratching,  globally-­‐oriented  and  

revenue  focused  startups.

Bakery

Get  feedback.Launch.

Pivot.

3x

3x

3x

Much  faster...

How  it  was  born

Solo  founders  take  3.6x  longer  to  reach  scale  stage  compared  to  a  founding  team  of  2  and  they  are  2.3x  less  likely  

to  pivot.

How  it  was  bornMany  investors  invest  2-­‐3x  more  

capital  than  necessary  in  startups  that  haven’t  reached  problem  solution  ;it  yet.  They  also  over-­‐invest  in  solo  founders  and  founding  teams  without  technical  

cofounders.

How  it  was  born

Startups  need  2-­‐3  times  longer  to  validate  their  market  than  most  

founders  expect.  This  underestimation  creates  the  pressure  to  scale  

prematurely.

The  purpose

revenue  stream

quality  level

time  to  market

ABCDRound’mania

Round’mania

A  beer  pub  growing  it’s  userbase

Monetization:  charge  for  WC  visit  :)

ofZice  in  Valdemāra  Pasāža

Now  eegloo  is

€200K  funded  (with  €400K  cap)

team  of  6+  people

What  eegloo  has  to  offer

designdevelopment

premises

salary

marketing

β

advisory

β

! !

Focus  is  the  kingwe  have  some  criteria  to  Zit  in

revenue-­‐focused

itch-­‐scratching

light-­‐n-­‐lean

go-­‐global

trendy-­‐but-­‐classic

tech-­‐able

business-­‐light

Let’s  take  an  overview

revenue-­‐focused itch-­‐scratching light-­‐n-­‐lean go-­‐global

trendy-­‐but-­‐classic tech-­‐able business-­‐light

! ! ! !

Startups  at  any  stage  are  welcome

idea  +  founder prototype  +  founder prototype  +  founder

idea  +  founder prototype  +  founder prototype  +  founder

Stage  VS  Equity

90%....50%....10%

Startup  LifecycleDevelop  prototype

<6w <4w

Launch  &  Market

<8w

Pivot.  Develop  2nd  version

<6w

Update  &  get  feedback

<8w

Pivot.  Develop  3rd  version

<4w

Get  Zirst  revenue  or  hit  milestone

exit                            &Zly  

Underperforming  is  not  an  option.Life  is  tough.

We’ll  keep  startup  pool  alive.

Future  ahead5-­‐8  startups  this  year

get  another  €  200K  on  boardeegloo@Stockholm  in  a  yeareegloo@Berlin  in  two  years  

Join  Startup  Crusade!Pledge  your  swordapply@eegloo.net

@eegloolab

Thanks  to  Māris  Jansons  for  the  delicious  snacks!