entrepreneurs annotated

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Putting the pieces together

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  • 1. Putting the pieces together

2. It allstarted in June 07, with the inaugurativeOpen Coffee Athens meeting 2 years ago 3. Since then, the network has grown 40 events,really strong in 6 cities 4. 130 speeches,100s of participants & the interest on entrepreneurship has skyrocketed4 5. we came a long way y-w ise unitc omm 6. still, the ecosystem is broken 7. how can we get there? 8. to start-up, you needbrainpower community funding advisory 9. brainpower 1.7% of greeks holdingMSc or PhD #1 in EU regardingpeople studying abroad top in availability ofscientists and engineers 10. to start-up, you needbrainpower community funding advisory 11. to start-up, you need brainpower community funding advisory 12. to start-up, you need brainpower community funding advisory 13. start-ups @ OCthey exist able to succeed interest is huge potential is even bigger 14. to start-up, you need brainpower community funding advisory 15. to start-up, you need brainpower community funding advisory 16. to start-up, you need brainpower community funding advisory 17. venture capital lots of traction lately a number of new funds signicant capitalavailable yet, no liquidity. why? 18. funding, worldwide availabilityseed VC rounds public 19. funding, in greece availabilityseed VC rounds public 20. 0 high-tech, early stage investments in GR, 2007 (in , EVCA) 21. venture capital no angel / early stage risk averse lack of knowledge in thetech eld no relevant network 22. to start-up, you need brainpower community funding advisory 23. to start-up, you need brainpower community - funding advisory 24. to start-up, you need brainpower community - funding advisory 25. advisorymore vital than money providing expertise,directions & contacts you need the best, witha network of global reach 26. advisory harder to nd than VCs locals, not wellconnected intnls, not approachable you are left in the dark 27. to start-up, you need brainpower community - funding advisory 28. to start-up, you need brainpower community - funding - advisory 29. so?the system is broken,start-ups are few but solutions exist we are here to put thepieces together 30. who are we 31. George Tziralis entrepreneur, open coffee, GRinitiator & principal organiser of Open Coffee Athens 32. George Kasselakis entrepreneur, open coffee, GR principal organiser of Open Coffee Thessaloniki 33. Dimitris Athanasiadis entrepreneur, open coffee, GR the think-tank behind the endeavor, PhD & editor among others 34. raised $5M& counting, now CTO Spiros Xanthos entrepreneur, pattern insight, CA 35. e-shop.gr made a turnover of 120M in 2008 alone Apostolos Apostolakis entrepreneur, e-shop, GR 36. Teresa Farmaki venture capitalist, piraeus bank, GR set up the Piraeus VC fund from scratch, now head of Private Equity 37. Yannis Dosios VP marketing, smilebox, WA, USx-Senior Product Manager at MS,now setting up smilebox EU 38. advisorsan extensive list on technology,management, sales,marketing, plus more exceptional people fromaround the world 39. some of the advisors Tassoco-founder, Aster Data - CTO & ArgyrosSystems, CAFrancesco Benincasa UK - Director, Ultimate Holdings, Aristos Doxiadis - Managing Director, NotosAssociate, Greece 40. some of the advisors Andrew Hyde - Entrepreneur, Techstars Panos Ipeirotis Stern - Associate Professor,School of Business NYU, NYJohn Lovitt SVP Rational/ - Investor, formerIBM, CA 41. some of the advisorsIoannis Methodios - x-CEO, Accenture, Greece GeorgeManager, Google, - CountrySaliaris-FasseasGreeceChristos Tsangos - CEO, Microsoft, Greece 42. what we do 43. goalnd the best andbrightest teams help them build globallyaimed start-ups make them succeed 44. looking for stellar teams globally innovativeideas, still at seed level disruptive biz models in and around softwareand the web 45. call for proposals open to everyone(teams of 2-4) online submission, in person interview & presentation day 46. incubate pick up to 5 start-ups extensively support inall things start-up for a 4-month period iterate 47. offer hands-on mentoring,day-to-day, no interfering networking, globally 20-30k for 20% ofshares smooth start & grow 48. all you need to quit everything else focus on your skills,team & idea dont waste time onunproductive activities make it happen 49. commitmentby sharing the stakes 80%, entrepreneurs 12%, investors 8%, open fund 50. call for investors open for everyoneinterested minimum investment30k, hassle-free providing equal sharesto all start-ups of a round 51. re-invent the wheel? no, model tested before YCombinator,Seedcamp, Techstars... it works! & its whats missinghere 52. schedulecall opens in late June closes in Sep 30 review & selection inmid Nov incubation starts Dec 1 53. we are putting thepieces together to create what we wishwe could have leverage on ourexpertise & network to enable you toproperly start-up 54. www.theopenfund.com