Subject
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Real Startup Scene in Silicon Valley
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Place
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D.CAMP 6th fl.
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Time
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August 6, 2014 (Wed) 19:00~21:00
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Speaker
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Sandro Mur (CEO, Bellabeat), Willie Williams (developer, Tsumobi)
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Host
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AppCenter
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Focus
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advice on how to make global startup
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- lesson:
- as a founder
- need to sell vision and stories to partners, customers, investors, and other people
- understand everything
- don’t be afraid because companies fail a lot of times in the beginning
- lessons from Y Combinator
- work super hard like 24/7: learn everything, more open, share with people, do everything to survive
- time to focus: shouldn’t be thinking anything else but your product; talk to customers all the time; focus on your product, customer, and direction
- biggest challenge
- hiring good and positive people (e.g. developers)- test them by giving them projects and work with them
- managing things (e.g. customers)
- designing UI which follows trends
- pitching to investors
- sell your stories: good clean pitch (don’t say too much; always say and show less and say as clear as possible)
- find similar people who are going through the same process
- your network grows and you will find existing solutions
- raising funds
- wrong
- give unbounded time
- right
- build momentum (while your business is hot and popular): focus one month and then tell other investors about the investments you received from other investors
- use networks: no need to look for new investors; instead of being introduced, you are already best friends
- Q&A
- globalization strategy: test in small scale (e.g. in one country) and spread
- patent?
- file as few as possible
- file for defense
- what keeps you going?
- I have a belief that I can change things that no one can
- why Y Combinator?: mainly for financial needs
- Announcement
- in 3 weeks, designers from Uber, Instagram, and Spotify will come and share wisdom
- in 6 weeks? Growth Hacking
- Personal takeaway
- computer is good at recognizing patterns
- work hard!
