Geeks on a Beach Keynote by Khailee Ng

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“I’m not going to talk about success strategies today” @khailee

description

The topic was supposed to be 'success strategies to attract investors'. I opted to focused on what really mattered... the 'source' of those strategies instead. The target audience was mostly Southeast Asian founders.

Transcript of Geeks on a Beach Keynote by Khailee Ng

Page 1: Geeks on a Beach Keynote by Khailee Ng

“I’m not going to talk about success strategies today”

@khailee

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I like creating things.

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Discovered business was an excellent vehicle for creation.

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From creating businesses to helping others createbusinesses.

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Global Seed Fund & Accelerator. Invested in 500+ Companies across 38 Countries who went on to raise over $1Billion.

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CONFIDENTIAL: NOT FOR DISTRIBUTION

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500 STARTUPS HAS BEEN LOOKING AT THIS REGION FOR A WHILE:

THAILANDVIETNAMMALAYSIAINDONESIAPHILIPPINESSINGAPORE

16 July 2013

Note: 500 Startups includes collectively (a) 500 Startups, L.P. and 500 Startups-A, L.P. (together “Fund I”), (b) 500 Startups Annex Fund, L.P., and (c) 500 Startups II, L.P. and 500 Startups II-A, L.P. (together “Fund II”)

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Some of the startups we’ve funded in the Philippines, and around the region!

And others you may have heard of…

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I don’t want to talk about success ‘strategies’ to

attract investors. Let’s talk about the ‘source’ of those

strategies…

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You Sometimes Get What You Wish For

Exactly 4 Years later in the same Week.

Groupon Exit Valuation Appeared

Exactly the same amount I fixed in my mind 3 years when I first decided to do

a startup. Exact same amount.

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From the ‘This is a shit hole State of Mind’to the ‘Silicon Valley State of Mind’

ABUNDANCE!

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Traction________

Time

Key is to Optimize

From “See it to believe it” to “Believe it to see it”

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From local ecosystem limits to global ecosystem access!

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CONFIDENTIAL: NOT FOR DISTRIBUTION

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Imagine bespoke masterminds with 1000+ global founders and 300+ global mentors

Companies will have access to Dashboard.io, a Quora-like platform that

enables founders to tap into the collective intelligence of the 500 Startups

network

Portfolio companies can message and connect with any of the 1200+ members of the

global 500 Family

16 July 2013

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Imagine spending 3 months in Silicon Valley and working alongside the world’s top founders, and

pitching to world’s top investors.

16 July 2013

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CONFIDENTIAL: NOT FOR DISTRIBUTION

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Imagine top ‘growth hackers’ helping you set up your foundations & training your staff!

http://500.co/distribution/

16 July 2013

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Imagine optimizing HOW you spend the money you’ve raised to multiply your traction!

16 July 2013

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CONFIDENTIAL: NOT FOR DISTRIBUTION

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Imagine raising more money much faster and at stronger valuations (less dilution to you).

Strong ties with local investment partners+ #1 Most followed investor on AngelList!

16 July 2013

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It starts with your ‘inner game’.• Adopting the ‘silicon valley state of mind’ = abundance• Believe it to see it• Get global ecosystem access, and set yourself free…

Because sometimes, you get what you wish for ;)

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@khailee