aydin senkut - felicis ventures - stanford - jan 24 2011
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Talk on Entrepreneurship & Journey to Silicon ValleyCopyright Felicis Ventures LLC, 2011 Aydin SenkutStanford University, January 2011Path to Silicon Valley• Boston University Finance & International Studies• Hoffmann La Roche (Pharmaceuticals) Controller, Casablanca, Morocco Corporate Finance, Basel, Switzerland• University of Pennsylvania / Wharton School Summer Studies - Brazil MBA Marketing & MA International Studies (Focus on Portuguese / BrazilTRANSCRIPT
Copyright Felicis Ventures LLC, 2011
Aydin Senkut
Stanford University, January 2011
Talk on Entrepreneurship & Journey to Silicon Valley
Copyright Felicis Ventures LLC, 2011
• Boston University
Finance & International Studies
• Hoffmann La Roche (Pharmaceuticals)
Controller, Casablanca, Morocco
Corporate Finance, Basel, Switzerland
• University of Pennsylvania / Wharton School
Summer Studies - Brazil
MBA Marketing & MA International Studies (Focus on Portuguese / Brazil)
Lauder Program, LTCB of Japan Scholarship
• Silicon Graphics (SGI)
Business Development
Product Manager, MineSet
Product Manager, Google International Launch
International Sales
Path to Silicon Valley
Copyright Felicis Ventures LLC, 2011
Why Silicon Valley ?
Copyright Felicis Ventures LLC, 2011
European Entrepreneurship…
Source: Image from olex.openlogic.com
Copyright Felicis Ventures LLC, 2011
Differences Between US & Europe
US EUROPE
What entrepreneur ? Comfortable Average Socialism & Entitlement
Entrepreneurs Rule
Failure is OK Capitalism & Ownership
Copyright Felicis Ventures LLC, 2011
• Active & Large Internet Population
Among the 5 most engaged in the world according to comScore [2010]
Among the 5 largest internet market (after Germany, France, Russia and UK)
• Loves Facebook
#3 Global audience for Facebook (based on size, behind US & Canada)
• Examples of Recent pan European Turkish entrepreneurs
A new electric car initiative / purchase offer of Heuliez / Murat Gunak (fmr Head Design at VW)
AirTies – networking gear (#4 of 75 on Deloitte Technology Fast 500 EMEA 2009)
• Last Annual Meeting of EBAN / Pan European Angels / VCs / Seed Investors in Istanbul
Turkey / Entrepreneurship / Venture Capital
Source: Bloomberg Businessweek March 2010
Copyright Felicis Ventures LLC, 2011
Acquired by Google
Acquired by AT&T
Acquired by Microsoft
Acquired by Intuit
Acquired by Shanda Games
Acquired by IAC
Acquired by Twitter
Mixer Labs
Acquired by Google
Felicis Ventures - Background
• First Google Product Manager & International Sales
• Angel Investor with 60+ investments, 18 exits
• Among the top 25 Tech Angels according to Businessweek (March 8, 2010)
• Felicis Ventures II, LP closed on July 15, 2010 at $40M
Aydin Senkut
Acquired by eBay
Acquired by Disney
Copyright Felicis Ventures LLC, 2011
Strategic Focus of Felicis Ventures II L.P.
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Our main goal is to find and work with the best founders & technology companies • in fast growing areas (such as the 3 horizontal market segments below)
• in huge potential markets (such as the 4 “mega markets” below)
• that can turn data into actionable intelligence
