startersquad business plan

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StarterSquad Supporting start-ups with coding, competence and capital

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Brief overview of Startersquad Business Plan setting up IT and business development team + investment fund for launching Internet Startups. We aim at launching 25 Internet Startups in the comi

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Page 1: Startersquad Business Plan

StarterSquad

Supporting start-ups with coding, competence and capital

Page 2: Startersquad Business Plan

B-Learning Platform

BHAG “big hairy audacious goal”

Page 3: Startersquad Business Plan

Objective

“Launch of 25 New Internet Startups in the coming 5 years with a minimum 60% success1 rate applying Lean Startup principles”

1 - Success = ROCE at least 60%, cash flow positive, profitable

Page 4: Startersquad Business Plan

More Startups -> Lower Risk

Page 5: Startersquad Business Plan

B-Learning Platform

The Squad

Page 6: Startersquad Business Plan

6Dia Improving

Performance 11/11/13

Excellent team of developers, "designers and business people "with a track-record in launching successful Internet Startups

Page 7: Startersquad Business Plan

B-Learning Platform

Idea

Page 8: Startersquad Business Plan

The Squad + ecosystem

Coders

Designers Marketeers

Business coaches

Tier 1 – network of freelance specialists for projects (legal, accounting, IP, …)

Tier 2 – ecosystem of supporting �organizations (business schools, investors, recruitment agencies).

The Squad – core team of professionals supporting existing start-ups and launching new ventures (execution ability & track record are key)

ecosystem

Network

Page 9: Startersquad Business Plan

Innovation Funnel

coding competence

Proof of concept

Minimum Viable Product

Beta release

capital

5K euro

25K euro

50-100K euro

Technology�Feasibility

Scan

Business Viability

Scan

MVP Validated Learning

New Venture ??? euro

β β

Page 10: Startersquad Business Plan

Pillars of Success

Coding Competence Capital

Or just hire us for coding

Or just hire us for�capability development

Or just have us on board as investors

•  Distributed development team with proven track record

•  Design, Front-end & �Back-end development

•  Familiar with Lean Startup,�SCRUM & Agile

•  Network with specific�expertise (e.g. machine �learning, social media)

•  Small virtual teams with�weekly chunks development�capacity

•  Working on Startersquad Capacity Unit basis

•  Business Development �team with track record

•  Marketeers (B2C, B2B), �Sales & Business �Administration

•  Familiar with Startup �Marketing

•  Startersquad Accelerator�Programme

•  Workshops: Lean Startup,�Business Models, �Corporate Identity, �One-Page Business Plan.

•  Business Coaching •  Market Research •  Recruitment & Training

•  StarterSquad Investment�Fund

•  Stage A investment fund targeting MVP stage

•  Stage B investment options targeting beta + venture

•  StarterSquad Fund�Management (2% year)

•  Pre-investment Screening�via Investment Board

•  Startup Dashboard managing progress

Page 11: Startersquad Business Plan

B-Learning Platform

Organization

Page 12: Startersquad Business Plan

StarterSquad Structure

StarterSquad Investment Fund BV

Investors

Startups

StarterSquad Cooperation

StarterSquad BV

(Freelance) Developers

owns

develops

dividend

buys development

capacity

employs

manages

Page 13: Startersquad Business Plan

Making SSQ successful

For the succes of Startersquad the following is critical: ü Growing the Startersquad cooperation with technical and business

development talent ü Setting up activities and channels for Dealflow in Startup ideas,

individual founders, and founding teams (quantity & quality) ü Cultivating the Startersquad vision and brand (storytelling,

presentations, blogging) ü  Establishing a quality Network of Investors (angels for stage A/B &

VC’s for stage C) ü Setting up a Crowdfunding platform for securing stage B funding for

Startups

Page 14: Startersquad Business Plan

B-Learning Platform

Investment & Finance

Page 15: Startersquad Business Plan

Dia

Investment Fund setup

Phase Description Typical size per Startup

Stage A Fund (325K euro)

25K committed capital per investor (max. 12 investors) + 25K by founders (3 investors)

25K euro for Minimum Viable Product (limited risk)

Stage B Funding

Spin-offs of Stage A remain % ownership of investment fund + additional financing via Investors pool & Crowdfunding (25-50%)

150 – 500K euro

Stage C Funding

Venture Capital 1 mln+ euro

Page 16: Startersquad Business Plan

Dia

Startup Examples

Story-based crowdbuying platform, 3 clients with 80+ product sources (20K stage A need)

Learning Passport for Primary School children, 10 schools participating with 2.500 – 5.000 children "(20K stage A need)

Creating beautiful Baby photobooks from your Phone 2.000 App downloads (stage B funding needed)

Virtual Network Academy based upon MOOC-principle "for online IT & Business Education (stage A funding "needed)

Page 17: Startersquad Business Plan

Dia

Ask & Offer

20K euro investment in Startersquad Investment BV (6,67% stake) Willingness to mobilize your network for Startersquad success Investment Board seat + Monthly Briefing & Quarterly meetings Optional: coaching of Startups Taking part in the most exciting entrepreneurial journey you can think of

Part Description

ASK ü  25K investment per participant (15K initial, 10K committed).

ü  Mobilizing your network to make StarterSquad (investments) a success.

ü  Offering your expertise for Startup coaching.

OFFER ü  6.67% stake in the StarterSquad Investment Fund BV ü  Voting Rights in initial filtering of Startup deal flow ü  Investment Board seat (limited number) ü  Access to monthly briefing calls & quarterly pitch fire +

drinks ;-)