Intro to Internet Startups in 2013

Connor McEwen

DAFUQ U KNO?

How computers work (almost)

Started Credport, went through Summer@Highland and Startupbootcamp Berlin

I read a lot of stuff on the internet

STARTUPS

Someone starting a company, right?

NO

Law firms

Doctors

Food trucks

Maids

etc...

YES

STARTUPS

An organization formed to search for a repeatable and scalable business model

-Steve Blank

STARTUPS

A product, not a service

Exponential Growth

SCALEABLE

Less HardHard

INTERNETZ

WHICH MEANS

Cool?

Yes

Venture Fundable?

No

INVESTMENT

Spend some money now,

make way more later

INVESTMENT

INVESTMENT

FACEBOOK

1. Get everyone to use Facebook

2. Show them ads

3. Profit

AMAZON

1. Get people to buy stuff on Amazon

2.Take a percentage of the sales

3. Profit

INVESTORSPeter Thiel

$500k into Facebook

$446M out of Facebook

20122004

900x, scheiss

WHY START?

FALSE

You’re not going to make money

THIS IS NOT YOU

SO WHY?

SO WHY?

SO WHY?

SO WHY?

SRSLY

Just start something

I CAN’T

I don’t know how!

FALSE

Start learning

I CAN’T

I don’t have an idea!

FALSE

Help someone who does

OUR IDEA

BUT...

Not important Important

IDEAS

Think about stuff you like

Talk to your friends

Read stuff

STARTING

Read Hacker News

STARTING

Get on Twitter

STARTING

Read Blogs

READY?

CUSTOMERS

TOOLS

CO-FOUNDERS

Great, but not necessary

CODING

Great, but not necessary

PRODUCT

Something people want

Definitely necessary

HELP

Project/hacking meetups? The internet

THANKS

Thanks for listening

HIT ME UP

connor.mcewen@gmail.com

@connormcewen

419-344-3697

bustartups.com