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Onetti - IID 2012
8
Transcript
9% are incorporated abroad
US (CA, DE, MA) & UK
Is there a “Corporate drain”?
- He/She is 32
- 87% is male
- He/She works in team (2/3 founders + 3/4 employees)
- 90% holds a Bachelor’s degree
- 25% holds a Ph.D. or MBA
- 20% gets it abroad (US, UK, Germany, Spain, Switzerland)
Prior Work experience
- 80% has a 6/7 years avg. prior working experience
- 33% of them abroad
Prior Entrepreneurial experience
- 21% has founded at least one company before
- “Top 15”: serial entrepreneurs are 35% (40% of them abroad)
Research/Academic experience
- 18% has previously worked in Universities or Research Centers
- 30% registered at least one patent
- It is clear that we are ready to graduate to the major league
- What does it take now to make it happen?
- We need to maintain high standards of startups representing us and constant volumes
- 2 words: quality and quantity. We need both
Who's the Italian Startupper?
Italian Startups: What and Where
We mostly learn entrepreneurship by doing
Best entrepreneurs have
a higher propensity to roam
“Startups in Italy - Facts and Trends”
Mind the Bridge Survey 2011
Alberto Onetti - Chairman, Mind the Bridge Foundation
Italian Startup Population
- 800/1,000 new startups/year
Universities are the real startups magnets
Survey size:
- 100+ startups
- 300+ entrepreneurs
Talking $$$
Wrapping up
$100k is the average capital invested per startup
Bootstrapping is the most common source of funding (40%)
23% are also funded by external investors
- Seed financing (15%)
- Business angels (4%)
- Venture capital (4%)
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