entrip @ bcp5: lessons from seedcamp
DESCRIPTION
Some thoughts I shared with BarCamp Pune 5 about SeedCamp - Anthony, EnTrip.comTRANSCRIPT
Anthony Hsiao, Director, EnTrip Ltd. BarCamp Pune 5
The Y-Combinator of Europe
Anthony Hsiao, Director, EnTrip Ltd. BarCamp Pune 5
Overview● SeedCamp background
● The people behind SeedCamp
● SeedCamp Companies
● Lessons Learned
Anthony Hsiao, Director, EnTrip Ltd. BarCamp Pune 5
SeedCamp?● 'Y-Combinator of Europe' – London
● SC Week: Startup Workshop, Competition
● Winners: Investment, 3 months program
● Seed Fund, backed by A-list Investors
Anthony Hsiao, Director, EnTrip Ltd. BarCamp Pune 5
SC Week● Mentoring Sessions
● Panel Discussions
● Networking Opportunities ('Parties')
● Pitch Day
Loads of fun, lots of work
Anthony Hsiao, Director, EnTrip Ltd. BarCamp Pune 5
Who?
Saul Klein, ChairmanIndex Ventures, Founder OCC
Reshma Sohoni, CEOFrom Pune!!
Anthony Hsiao, Director, EnTrip Ltd. BarCamp Pune 5
InvestorsA-list:
VCs
Law Firms
Angel Investors
Entrepreneurs
Anthony Hsiao, Director, EnTrip Ltd. BarCamp Pune 5
Mentors● High Caliber
Mentors
● From all areas
● To aswer our
questions
Anthony Hsiao, Director, EnTrip Ltd. BarCamp Pune 5
Who gets in?● Pan-Europe, Global
● >400 applications, 30+ Countries
● 45+ Second round pitches
● 23 Finalists
● 5+ 'Winners' (7 in 2008)
Anthony Hsiao, Director, EnTrip Ltd. BarCamp Pune 5
We were there!● We put Pune
'on the map'
as startup hub!
● Didn't win :-(
● 'SeedCamp Family'
Anthony Hsiao, Director, EnTrip Ltd. BarCamp Pune 5
Some Startups
2007 2008
Anthony Hsiao, Director, EnTrip Ltd. BarCamp Pune 5
Hot: UberVU● Integrate all
'web-talk', by topic
● Get the Overview
● From Romania
Anthony Hsiao, Director, EnTrip Ltd. BarCamp Pune 5
Useful: BaseKit● Graphical Web-
Application Builder
● Rapid prototyping
● From Wales
Anthony Hsiao, Director, EnTrip Ltd. BarCamp Pune 5
Lessons ...From the PROs
Anthony Hsiao, Director, EnTrip Ltd. BarCamp Pune 5
“The main thing, is to
keep the main thing, the
main thing“
1
Anthony Hsiao, Director, EnTrip Ltd. BarCamp Pune 5
“Metrics,
Metrics,
Metrics“Especially for Startups
2
Anthony Hsiao, Director, EnTrip Ltd. BarCamp Pune 5
“Smart
Money matters!“
Even if it's a 'worse deal'
3
Anthony Hsiao, Director, EnTrip Ltd. BarCamp Pune 5
“Know your
customer, Interact“
(It's so easy these days)Feedback driven design
4
Anthony Hsiao, Director, EnTrip Ltd. BarCamp Pune 5
“Ask the right
questions“
(understand the REAL issues)Use external help well
5
Anthony Hsiao, Director, EnTrip Ltd. BarCamp Pune 5
“Noone knows all
answers“Not even the PROs
6
Anthony Hsiao, Director, EnTrip Ltd. BarCamp Pune 5
Finally● Next SeedCamp: 2009
● Spread the word, apply! They're waiting!
● SeedCamp India in 2010?
● Is the time right yet?
Anthony Hsiao, Director, EnTrip Ltd. BarCamp Pune 5
Thank you!
● Any questions?