Break out: Incubation and Venturing - Felix Van Maele
Transcript of Break out: Incubation and Venturing - Felix Van Maele
Who am i ?
» Master Applied Computer ScienceVUB
» Master Software EngineeringEcole des Mines, Nantes / Universidad Nacional de La Plata, Argentina
» Part-time researcher on Semantic TechnologySTARLab, VUB
» Master in General ManagementVlerick
» Co-found and CEO at Collibra
Monday 2 May 2011
Collibra» Best of breed data governance vendor
Founded & raised € 850.000 seed round summer 2008
» Customers
» Proof of Concepts / Opportunities
» Recognition: Gartner cool vendor, PWC Technology Forecast, start-up awards
...
Monday 2 May 2011
Collibra over time
» 2007 - 2008: PrepareIdea, Team, Business Plan, Seed round
» 2008 - 2009: DiscoverPaper plan to real market feedback, getting to plan B
» 2009 - 2011: ProveReleased product, International customers, Sales channels, Market recognition
» 2011 - 2013: BuildScale R&D and Sales & Marketing, USA office, Partner network, ...
Monday 2 May 2011
International Sales» Target market
Fortune 2000 - not a lot of in Belgium
» Find a channel to your target marketWeb, Trade shows, Partners, Analysts
»We are not a Belgium companyCustomers know Belgium for chocolate and beer, not software
We have a reseller for Belgium (RealDolmen)
» International sales in practiceInside + technical sales: Sell by phone / web conferences
» Push vs Pull
Monday 2 May 2011
Open Source
» It’s a business model
» It impacts Sales & Marketing more than development
» It’s about volume - less about technology ?Data Integration - Talend
Middelware - JBoss
ERP - Open Bravo
OS - Red Hat
» For a new category, it doesn’t make senseVolume is low
Monday 2 May 2011