Startup Europe - Startup Conference

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Transcript of Startup Europe - Startup Conference

Horizontal Hierarchy SmartArt

Co.Station4October 2015, Brussels

Bogdan CeobanuEuropean Commission - DG CONNECT - Startup EuropeStartup Europe. Tech business are changing the way we live, work, play and learn.Can you be part of this movement?

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Summary

1. Startup Europe: Why are we doing this & how we started and what are the next steps?2. Prospective founders: 3 insights that you need to know.

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1. Startup Europe: Why are we doing this, How we started,What are the next steps?

European tech startup environment is growing

40 European Unicorns

http://www.gpbullhound.com/wp-content/uploads/2015/06/GP-Bullhound-Research-Billion-Dollar-Companies-2015.pdf5

1*Atomico analysis

182 Digital leaders in the world,AdyenAvitoBlaBlaCarCriteoDeliveryHeroIronSourceKing.comKlarnaMobliMojangMonitisePowaQiwiRocket InternetSkypeSouldcloudSpotifySupercellTrusteerVKWazeWongaZalandoZendeskZoopla

http://www.atomico.com/explore-d36

1*Atomico analysis

Great companies can come from anywhere

http://www.atomico.com/explore-d37

1*Atomico analysis

http://www.atomico.com/explore-d38

Time to reach 100 million users

https://twitter.com/ValaAfshar/status/593805398219436034/photo/19

Founded in London in 2003IPO 3/2014, $7B ValuationFounded in Helsinki 2004$2.4M daily revenue for one game (2013 - Clash of clans)After 3 years sold 51% of the co with $1.5B

Founded in Barcelona in 2008>45M MAU (Monthly Active Users)Raised $45M

Founded in Helsinki in 2003>2B downloads>800 employees

Founded in Paris in 1999>20M DAU (Daily Active Users)>1B downloadsFounded in Stockholm in 201020M paying users for Minecraft$2,5B exit to Microsoft

Revenues: 2013: 17.5billion --- 2018: 63 billion

Jobs: 2013: 1.8 million --- 2018: 4,8 million

Founded in Stockholm in 2006>15M subscribers>1200 employeesRaised more than $500M

Founded in Nicosia in 1999>100M DAU$900M exit to Rakuten Japan

App economy is growing

http://eurapp.eu10

http://www.forbes.com/sites/karstenstrauss/2013/04/18/the-2-4-million-per-day-company-supercell/11

Disruption will impact all industries

https://twitter.com/ValaAfshar/status/593805398219436034/photo/112

The difference that 25 years makes.

https://twitter.com/ValaAfshar/status/593805398219436034/photo/113

1993 vs 2013.

https://twitter.com/ValaAfshar/status/593805398219436034/photo/1https://www.youtube.com/watch?v=PlaJOE8yflo14

www.startupmanifesto.eu

Strengthening the environment (education, culture, business, leadership): A manifesto for entrepreneurship and innovation to power growth in EU

The Startup Manifesto

www.startupmanifesto.eu

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Understanding the European ecosystemAccelerators: 57 seed accelerators. 738 graduated startups. These startups have created 3500-4500 new jobs (2013).

Crowdfunding: $945 million raised in 2012, EU.

Venture Capital $2.9b raised in EU vs $13.8b US in Q2 2014

Scaleups: More than 1000 internet startups raised >$100k in last 4 years

MOOCS: More than 250 EU online courses offered by > 100 institutions

Startup manifesto: >8000 Endorsements of the (GR, NL, AT, PL, ES, BE versions)

Outcome

1. Understanding the ecosystem

2. Policy maker's Awareness

3. Funding startup ecosystem builders

Desired impact

More dynamic ecosystem

Better policies

More internet champions

Mapping the ecosystemStartup manifesto follow-upFunding opportunitiesRecognition and celebration

Networks of stakeholdersEurApp - App economyLeaders ClubStartup ManifestoEDF - European Digital Forum - Think TankSEP - Startup Europe PartnershipCorporations and Universities Group

100M FP7 FIWARE.ORG 16 Accelerator program 10M Horizon2020 ICT13 10 Startup Europe projects MediaCampaign

SE Accelerator Assembly

SE Web Investors Forum

SE Crowdfunding Network

SE Network of Universities offering MOOCS

Dynamic MappingStartuphubs.euEuroPioneersTechAllStarsStartup Europe SummitSEC2SV

Startup Europe Development, outcome and desired impact

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StartupEuropeClub.eu800 tech startups to benefit from support services to grow their business within >10 EU projects.

http://startupeuropeclub.eu17

2. Prospective founders: 3 insights that you need to know.

1. Your age, ambition, energy, time, priorities.

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Mark E. Zuckerberg launched thefacebook from his dorm room in Kirkland House in 2004 20 years old20

Mark E. Zuckerberg launched thefacebook from his dorm room in Kirkland House in 2004 20 years old21

Spotify founder Daniel Ek launched Skype when he was only 23 years old22

Spotify CEO Daniel Ek and Sean Parker 201123

Sergey Brin & Lawrence Larry Page, 1998 25years old24

Extract from How Google Works25

2. Access to capital

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Accelerators: 57 seed accelerators. 738 graduated startups. These startups have created 3500-4500 new jobs (2013).

Crowdfunding: $945 million raised in 2012, EU.

Venture Capital $2.9b raised in EU vs $13.8b US in Q2 2014

Scaleups: More than 1000 internet startups raised >$100k in last 4 years

MOOCS: More than 250 EU online courses offered by > 100 institutions

Startup manifesto: >8000 Endorsements of the (GR, NL, AT, PL, ES, BE versions)

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https://www.fiware.org/fiware-accelerator-programme/30

https://ec.europa.eu/programmes/horizon2020/en/h2020-section/sme-instrument31

3. Free access to knowledge, skills & education

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http://startupclass.samaltman.com33

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https://www.linkedin.com/in/wdebrouwer35

https://www.quora.com/search?q=product+development36

http://www.slideshare.net/a16z/mew-a16z37

https://www.youtube.com/watch?v=gcuJQ0RHPQc38

https://growthhackers.com/questions/ama-i-m-adelyn-zhou-former-growth-lead-at-nextdoor-com-and-ex-eventbrite-amazon39

Conclusions

1. Great tech companies come from anywhere and they will disrupt probably all industries.2. These companies are created by young professionals and are growing super fast. 3. The opportunities today have never been better and you can benefit from them.

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THANKYOU

www.startupeuropeclub.euwww.facebook.com/groups/startupeurope/@StartUpEU

https://be.linkedin.com/in/bogdanflorin@studios