Startup or Shut up

53
WARNING: THIS PRESENTATION MIGHT BE DISTURBING BugSense presents "Startup or Shut up" by John Vlachogiannis @jonromero

description

My presentation about Startups

Transcript of Startup or Shut up

Page 1: Startup or Shut up

WARNING: THIS PRESENTATION MIGHT BE DISTURBING

BugSense presents

"Startup or Shut up"by John Vlachogiannis

@jonromero

Page 2: Startup or Shut up

Part I: Start(up) your engines

Page 3: Startup or Shut up

Incorporation

Page 4: Startup or Shut up

Funding

Page 5: Startup or Shut up

Build a great product

Page 6: Startup or Shut up

Extra: VISA (H1B, O1)

Page 7: Startup or Shut up

Enjoy life

Page 8: Startup or Shut up

Part II: Prepare for war

Page 9: Startup or Shut up

<----- YOU ARE HERE

Page 10: Startup or Shut up

Role models in Greece

Page 11: Startup or Shut up

It all started a rainy November evening ...

Page 12: Startup or Shut up

It all started a rainy November evening ...

Page 13: Startup or Shut up

It all started a rainy November evening ...

Page 14: Startup or Shut up

Role models in the US

Page 15: Startup or Shut up
Page 16: Startup or Shut up
Page 17: Startup or Shut up

"Halfway to a good product, never actually there."

-- Ζeno (possibly about Startups)

Page 18: Startup or Shut up

From Greece to Global

Page 19: Startup or Shut up

SVGS Fund+

Advisors+

YCombinator+

Users=

Best feedback we ever had!

We learnt more in 2 hours at Palo Alto than 4 months in Athens!

Page 20: Startup or Shut up

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...

Page 21: Startup or Shut up

What do you need to "Startup" in Silicon Valley

Page 22: Startup or Shut up

I don't know

Page 23: Startup or Shut up

You have to figure this out by yourself(every product is different)

Page 24: Startup or Shut up

Let me share with you my "Daily SV Startup Secrets"

Page 25: Startup or Shut up

S-Corp, C-Corp, LLC?

Secret #1

Page 26: Startup or Shut up

Doesn't really matter (for now).

Page 27: Startup or Shut up

Get a good lawyer

Secret #2

Page 28: Startup or Shut up

And by good I mean, great.

Page 29: Startup or Shut up

You can't write a business plan - You don't know your business (yet)

Secret #3

Page 30: Startup or Shut up

Iterate (business plan/product)

Page 31: Startup or Shut up

"If you are a "fake" in Greece, you'll be a "fake" in SV."

Secret #4

Page 32: Startup or Shut up

Don't try the "fake it 'till you make it"

Page 33: Startup or Shut up

Be ready for the (emotional) roller coaster

Secret #5

Page 34: Startup or Shut up

It won't be fun and games

Page 35: Startup or Shut up

Don't be afraid talking about your idea

Secret #6

Page 36: Startup or Shut up

Ideas are cheap

Page 37: Startup or Shut up

Team

Secret #7

Page 38: Startup or Shut up
Page 39: Startup or Shut up

No need to have an MBA

Secret #8

Page 40: Startup or Shut up

SV wants fighters, no "cookie cutters"

Page 41: Startup or Shut up

Ignore Business School Books!Get some enligthment from people who broke some eggs

Page 42: Startup or Shut up

DROPOUTS

Page 43: Startup or Shut up

We've met and got feedback from almost every famous Angel &VC ...

Page 44: Startup or Shut up

... wearing jeans and being ourselves.

Page 45: Startup or Shut up

Cookie cutters don't do this 'cause:"It was not in the MBA book".

Page 46: Startup or Shut up

Determination

Secret #9

Page 47: Startup or Shut up

Lots of people cannot handle the competition.

Page 48: Startup or Shut up

We know a lot of these people.

Page 49: Startup or Shut up

And probably you are one of them

Page 50: Startup or Shut up

It's up to you to prove us wrong

Page 51: Startup or Shut up

Luck

Secret #10 (last one)

Page 52: Startup or Shut up

No such thing

Page 53: Startup or Shut up

Thanks

"bug" me at @jonromero