Incubators, Accelerators and Startups - From a Founder Perspective @ Startup mantra 2014
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Transcript of Incubators, Accelerators and Startups - From a Founder Perspective @ Startup mantra 2014
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Incubators, Accelerators and
Startups
Founder’s Perspective
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No definition is perfect
Stop me & ask your questions
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Accelerator Incubator
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What are they looking for?
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a great STORY
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Rock-star TEAM
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Product • Problem
• Solution
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Traction is King
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Online Form
2 Min Video Interview
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Share experience & avoid common
pit-falls
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Press hears about it
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Access to Capital
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Gyan
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Confusion & Distraction
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Co-working space is not always fun
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• Equity Vs. Fund + Other Value • Carefully see ‘50K services’. • ‘Investor partnership’ • ‘Demo day’ -‐ mostly hype only. • Don’t count too much on ‘Mentoring’
• accel/Incub focusing on your industry.
• Ask how will they get you customers?
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How to find Accels/Incubators
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Be Bloody Confident
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No is as good as Yes
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Find people who can vouch for you
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relevant information, sell smarter, grow revenue
vibeapp.co
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The Sales & Marketing Problem
• Push Broadcasting doesn’t work anymore
• Prospect Research killing 20% time
• CRM doesn’t have enough information
• Pain to regularly update the CRM
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• View holistic, accurate, and relevant prospect & customer info
• Appends each CRM record with personal, professional, social, contact & insights.
• Checks for Updates regularly and updates automatically
3 fold Solution from Vibe
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If you are a first-time Entrepreneur, I recommend an
Incub/Accel