@luisriverag  

WELCOME TO THE STARTUP REVOLUTION

Lisbon,  November  14th  2012  

I. STARTUPS?

A  white  fairy  tale  

#StartSpain  

A  black  fairy  tale  

9

startup = scaling

#StartSpain  

startup = investable

II. THE STARTUP REVOLUTION

Where Will the Jobs come From?

Source: http://www.kauffman.org/research-and-policy/where-will-the-jobs-come-from.aspx

Number of New Enterprises, 2006=100

Source: http://www.kauffman.org/Blogs/DataMaven/November-2010/OECD-Statistical-Brief-Highlights-Recent-Impacts.aspx

III. STARTING UP

PICK  YOUR  FIGHT  

#startspain

Ratchet  

Drag  -­‐  along  

Tag  -­‐  along  

Shotgun  

#StartSpain  

DREAM  

CISMITYM  #StartSpain  

TOUGH  QUESTIONS  

TOUGHER  QUESTIONS  

THE  TEAM  

Entrepreneur   Private  Investor  

Fund  Manager  

Salary   ROI   ROI  

Dividends  /  Exit   Exit  /  Dividends   Exit  

ROI   Salary,  entertainment   Raise  next  Fund  

Fuente:  Invertec  

DEFEND  YOUR  POSITION  

MANAGEMENT  

#StartSpain  

CLIENT  SATISFACTION  

Ratchet  

Drag  -­‐  along  

Tag  -­‐  along  

Shotgun  

PAPERWORK  

INVESTORS  

1  /  (1-­‐n)  Source:  h*p://www.paulgraham.com/equity.html  

SHARING  

@luisriverag    

www.okuriventures.com  www.tetuanvalley.com  

www.startupbootcamp.org  www.startupspain.com