Pitch TheFamily Accélérateur Paris

TheFamily

Friday, January 11, 13

They met & the Magic Happens

Alice Zagury, Cofounder & CEOFormer Le Camping Manager

1st startup Accelerator in France

• 36 startups created in 3 batches

• Fundraised a € 1.2M budget (+75% from private partners)

• 18 startups raised more than €5M (50% in USA)

• 4 startups sent to the top 10 accelerators

Techstars Boston, IO Ventures, WebFWD & Excelerate Labs

• Partnerships with BNP-Paribas, Orange, Google & SNCF

• They came to Le Camping:

Eric Schmidt, David Drummond, Jacques-Antoine Granjon,

Xavier Niel, Brad Feld, Bob Dorf

Oussama Ammar, Cofounder & PartnerFormer Le Camping Entrepreneur In Residence

Science Po Teacher & former Founding-CEO of Hypios

• 5 companies created with 2 exits

• 3M$+ fundraised for Hypios

• Lived in San Francisco, Hong Kong, Sao Paulo, Paris & Lebanon

• 21 angels Investments (e.g. LocalMotion & Startup Genome)

• Teaches entrepreneurship in Sciences Po Paris

• Advised Brazilian officials on Ecosystem problematics related to SV

• Helped startups fundraise more than 10M $ in 2011-2012

Nicolas Colin, Cofounder Published a report commissioned by the

French Government on the digital economy Former Founder CEO of 1x1connect & co-founder of Stand

Alone Media

• Co-author of “L'Age de la multitude” with Henri Verdier.

• Graduated from the ENA

• Worked as an Inspecteur des finances

• Teaches at Telecom Bretagne and at Sciences Po. Used to

work as an expert for the Institut Montaigne and the Conseil

des Prélèvements Obligatoires.

• Member of the think tanks Futurbulences and Club du 6 main,

of the steering committee of the Rules for Growth Institute and

Cap Digital.


TheFamily is an accelerator, whose mission is to support early stage startups from [0] to [1] through education & unfair advantages.

The [0] moment is defined as a cross-functional founding team trying to solve a problem that matters. The [1] moment is defined as a startup that created sufficient traction to be break even or venture compatible.


The French Startup Ecosystem is Toxic

Silicon Valley Paris

Startup Output Index 1st 14th

Funding Index 1st 13th

Company Performance Index

1st 4th

Talent Index 1st 17thSupport Index 1st 6th

Mindset Index 1st 12th

Trendsetter Index 1st 15th

Differentiation from SV Index

1st 6th

Source: Startup Ecosystem Report 2012

Startup Output !

Funding !

Company Performance !

Talent !

Support !

Mindset !

Trendsetter !

Differentiation from SV !


A Startup is not a Smaller Version of a Large Company

For the past 20 years, the French ecosystem has been focusing on SME resulting in a nonproductive mechanism design to enhance the emergence of massively successful startups. Bad criteria creates the wrong focuses. The Government implements top-down policies and infrastructures that create too many walking deads.

Startup \ˈstärt-ˌəp\ - noun

1. A STARTUP IS A TEMPORARY ORGANIZATION IN SEARCH OF A SCALABLE, REPEATABLE AND PROFITABLE BUSINESS MODEL.

See also: A scalable startup is designed by intent from day one to become a large company. Scalable startups aim to provide a tremendous return to their founders and investors.

Applying rules of established companies to startups is irrelevant, distracting and clearly damaging while growing and managing a startup.

{ P.I.A.


Education& Unfair

AdvantagesScale+ = TheFamily


Individual Understand emotionally what it takes to become an entrepreneur

Education means learning by doing.There is no one good way to educate. But the means can be improved.

Education through TheFamily shapes the transmission of informal rules at 3 levels:

{ }

One is not Born but rather Becomes an Entrepreneur

Community Learn the culture of the pay-forward and enforce its application

Dream Have the right kind of high ambition


Designing Systematic & Global Unfair Advantages

- Understanding Business Process- Formalizing Entrepreneurship Science- Targeting the recurrent problems- Testing solutions at scale- Building in-house software - Building great partnerships & strategic support

B2B Legal Trust

Basically? 3 examples of packages to start

Design?


TheFamily

Pitch & Participate

A Revolutionary Process for Startup Sales

Bank

Startups

Sales Days

Fortune 500 & CAC 40

Procurement &Invoicing

Participate &Support

VolumeFactoringContracts

UpfrontPayments

ExclusiveContract

TheFamily

B2B


Startups with the Right Legal Structure

CONSTITUTION Bylaws: French SAS + Delaware C-CorpFounders Terms

INTELLECTUAL PROPERTYTemplate for IPTrademarkDomain NameNDA

MISCELLANEOUSCNILSocial Templates (CDI, CDD, Consulting...)Term of UseConvertible Note

Legal

{PAID ONLY AFTER

FUNDRAISING


Tenacity Street Smarts Ability to Pivot

Resiliency Inspiration

Perspiration Willingness to Accept Risk

Attention to Detail Competitiveness

Decisiveness / Gets Things Done Domain Experience

Integrity...

I nves t i ng i n an ea r l y - s tage company is about figuring out the truth of the founders. No one can achieve that in a two-hour meeting.

We offer VCs, Angels and Seed Funds the guarantee that we will always tell the complete story about each of its Members. This will build a communi ty of t rust tha t accelerates the investment decision making process.

A complete comfort to investors to make fast and eff icient decisions:- Integrity of our selection process ;- Deep knowledge of our Members' strengths & weaknesses ;- Access to an exclusive pre-due diligence.

"Conseil de Classe"Trust


The Mechanism Design of Acceleration

There is no batch in TheFamily program.

The YCombinator has been the model for batch-centric accelerators. But this model only works in a positive creation environment such as Silicon Valley. A different ecosystem calls for different adaptation, timelines and levels of support.

There is no coworking space in TheFamily.

Making hackers work in a noisy, distracting environment is inefficient. We advise them to live where they work as roommates until they can afford the perfect work space.


Every 7 Weeks, the Countryside Weekend Welcomes New [0] & Celebrates New [1]

- Foster emulation through the group

- Celebrate the right achievements

- Share experiences together from [0] to [1]


Every Thursday, the Diner Invites a Vibrant Entrepreneur to Share his Experience

Thursday evening: a perfect time to stand back and dream. It would probably have been unproductive otherwise ;)


Every Saturday, the Startup School Day: Collective Workshop on Common Issues to Level up

- Not only a learning day - a valuable day

- Optimization - no wheel reinvented

- Mobilization of the top experts around the world


Every week, Office Hours to keep on track

- One of TheFamily Partners dedicated for one hour to one on one work with team members

- Tailored mentoring : Maieutic exercise to recognize, acknowledge and solve the underlying issues unseen by members

- Assessment of the Startup's current stage by following up the relevant KPIs

- Call with relevant TheFamily's experts for each specific issue.

*Maieutics: the Truth is latent in the mind of every human being due to innate reason but has to be "given birth" by answering intelligently proposed questions.Friday, January 11, 13

http://en.wikipedia.org/wiki/Truth

http://en.wikipedia.org/wiki/Truth

http://en.wikipedia.org/wiki/Mind

http://en.wikipedia.org/wiki/Mind

http://en.wikipedia.org/wiki/Human_being

http://en.wikipedia.org/wiki/Human_being

Every Quarter, TheFamily Fair Spreads the Startup Culture & Generates visibility for TheFamily's Success Stories

- One day of conference, demos and party

- +1000 guests: journalists, partners, investors and startups invited

- Line up: lights on the Members who deserve or/and need it.

- Goal: support TheFamily's action of educating the French ecosystem.

- Belief : Partying is a serious matter.


Every 6 Months, a Commando Expedition to Silicon Valley.

- Organized & Planned immersion into the 1st startup ecosystem in the world

- A human bridge between the Valley and Paris: meetings with investors and entrepreneurs f rom SV's heal thy environment

- Get boosted with the right partnerships, investments or suggestions


From people-flow to a better deal-flow

FACTSEntrepreneurship is trusted by Business Schools, which aren't product driven. As a consequence, no scalable startup emerges.

BELIEFS- Anyone can be a hacker- Diversity is king for creativity- The will to DO goes beyond academic matters

ACTIONLeverage the Dark matter -all the hidden hackers, to transform it into a new deal flow.


It's the right time -"Startup is swagger"


Government

Universities

InvestorsMedia

Service Providers

MentorsCheerleaders

Large Companies

The Impact of TheFamily on The Ecosystem

Provide relevant tools

Celebrat

e

Fost

er

Ord

er s

ervi

ces

& pr

ovid

e $$

Provide

Entrepreneurs

Give visibilityInvest faster

Creates better laws

Startups


Things are always breaking, and they will break at TheFamily. Our strategy is to create bottlenecks and then hitting them hard. That may sound irresponsible, but in practice, it's the way most complex systems get optimized.


You are Welcome to Join the Adventure

[email protected]

Alice - +33 (0)6 64 85 24 34


mailto:[email protected]






Pitch TheFamily Accélérateur Paris

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