Startup financial modeling class - general assembly sf -- septemer 27
Startup Financing Introduction - Australia 2014 General Assembly
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Transcript of Startup Financing Introduction - Australia 2014 General Assembly
![Page 1: Startup Financing Introduction - Australia 2014 General Assembly](https://reader036.fdocuments.us/reader036/viewer/2022062419/558d2e57d8b42a590a8b45c8/html5/thumbnails/1.jpg)
@lesliecbarry
Startup Financing
IntroductionGuest Talk, Product Management Course,
Melbourne, Australia30 September 2014
@lesliecbarry www.lesliebarry.com
Leslie Barry
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@lesliecbarry
About
Startup Stages
Funding Models
Books
QA
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@lesliecbarryAdvisor/Mentor
Worked with 2000 Founders In 32 countries2 Startups Sold
Hackathons
My Entrepreneurial Experience
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@lesliecbarry
Startup EcosystemCommunities
Coworking KnowledgeMethodologies
InvestorsAdvisors
Accelerators Incubators
HackathonsEvents
@lesliecbarry
![Page 5: Startup Financing Introduction - Australia 2014 General Assembly](https://reader036.fdocuments.us/reader036/viewer/2022062419/558d2e57d8b42a590a8b45c8/html5/thumbnails/5.jpg)
@lesliecbarry
The journey of an idea
Minimum Viable
Product
Traction
Woooohoooooo!
Confusion, Chaos
[Time & Money]
Validation
YAY!
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@lesliecbarry
Prototype
The myth
Success
Great Idea!Myth
Traction
Funding
Process,Guidance
Network,Team,Mentor
Reality
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@lesliecbarryFunding Options
(Australia)
BootstrapDay 0
0%
GrantsGovernment$10k - $1M
0%
CrowdFunding
Seed<$1M
0%
IncubatorsPre-seed
Network + 20k for ~10%
Convertible Note
Series ADebt for Equity
R & D TaxGovernment Rebate
<$xM0%
FFFSeed Round
< $200k<30%
AngelsSeed Round
<250K15%
VCSeries A<$1M
~20 – 30% (Valuation?)
AcceleratorsPre-seed
Network + 20k for ~10%
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@lesliecbarry
Cashflow is king
(burn-rate, runway)
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@lesliecbarry
Four Steps to the Epiphany, Steve BlankThe Lean Startup, Eric RiesRunning Lean, Ash MuaryaPirate Metrics Slideshare, Dave McClureVenture Deals, Brad Feld
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@lesliecbarry
Contact me here
Linkedin.com/in/LeslieBarry@lesliecbarry
www.lesliebarry.com
Questions?