Startup or Shut up
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Transcript of Startup or Shut up
WARNING: THIS PRESENTATION MIGHT BE DISTURBING
BugSense presents
"Startup or Shut up"by John Vlachogiannis
@jonromero
Part I: Start(up) your engines
Incorporation
Funding
Build a great product
Extra: VISA (H1B, O1)
Enjoy life
Part II: Prepare for war
<----- YOU ARE HERE
Role models in Greece
It all started a rainy November evening ...
It all started a rainy November evening ...
It all started a rainy November evening ...
Role models in the US
"Halfway to a good product, never actually there."
-- Ζeno (possibly about Startups)
From Greece to Global
SVGS Fund+
Advisors+
YCombinator+
Users=
Best feedback we ever had!
We learnt more in 2 hours at Palo Alto than 4 months in Athens!
We used to be called Sfalma. Remember?What the greeks said about the name:
● The branding is bizzare enough to work imho
● Fantastic branding●Sfalma rocks.● I like sfalma, google was/is difficult
to spell too...
What do you need to "Startup" in Silicon Valley
I don't know
You have to figure this out by yourself(every product is different)
Let me share with you my "Daily SV Startup Secrets"
S-Corp, C-Corp, LLC?
Secret #1
Doesn't really matter (for now).
Get a good lawyer
Secret #2
And by good I mean, great.
You can't write a business plan - You don't know your business (yet)
Secret #3
Iterate (business plan/product)
"If you are a "fake" in Greece, you'll be a "fake" in SV."
Secret #4
Don't try the "fake it 'till you make it"
Be ready for the (emotional) roller coaster
Secret #5
It won't be fun and games
Don't be afraid talking about your idea
Secret #6
Ideas are cheap
Team
Secret #7
No need to have an MBA
Secret #8
SV wants fighters, no "cookie cutters"
Ignore Business School Books!Get some enligthment from people who broke some eggs
DROPOUTS
We've met and got feedback from almost every famous Angel &VC ...
... wearing jeans and being ourselves.
Cookie cutters don't do this 'cause:"It was not in the MBA book".
Determination
Secret #9
Lots of people cannot handle the competition.
We know a lot of these people.
And probably you are one of them
It's up to you to prove us wrong
Luck
Secret #10 (last one)
No such thing
Thanks
"bug" me at @jonromero