Loading presentation...

Present Remotely

Send the link below via email or IM

Copy

Present to your audience

Start remote presentation

  • Invited audience members will follow you as you navigate and present
  • People invited to a presentation do not need a Prezi account
  • This link expires 10 minutes after you close the presentation
  • A maximum of 30 users can follow your presentation
  • Learn more about this feature in our knowledge base article

Do you really want to delete this prezi?

Neither you, nor the coeditors you shared it with will be able to recover it again.

DeleteCancel

Make your likes visible on Facebook?

Connect your Facebook account to Prezi and let your likes appear on your timeline.
You can change this under Settings & Account at any time.

No, thanks

Startup Revolution and Rise of Accelerators

Startup Revolution & Rize of Accelerators
by

Ben Levy

on 7 October 2013

Comments (0)

Please log in to add your comment.

Report abuse

Transcript of Startup Revolution and Rise of Accelerators

South
East Asia

Startup Revolution
#Global Phenomenon
25 September, 2013
& Rise of Accelerators
2011
Ideation
Incubation
Acceleration
Flush out
Validate
Team building
Incorporation
Customer Develop't
MVP
Distribution/Growth Hacking
User Acquisition / Monetization
Scalability
Partnership
$ Seed
$ Seed+ / Growth
Moonlighting
Alumni
Network
So why all the excitement?
(Tech) startup best friends:
Rent vs. Own (SaaS, PaaS, XaaS)
Analyze, measure, track everything (free or cheap)
Instant, near infinite scalability is real and affordable
On-demand processing power & big data analytics
Global, low friction digital distribution platform
Biz models: freemium, subscription, purchase, ads
Key Benefits
Do more with less, faster
Need less (initial) capital
Suffer Less dilution
High(er) returns / smaller loss
Everyone wants to help
SV Gospel is spreading Worldwide
Incubators & Accelerators are mushrooming
Gov't, Universities, Regions, Corporations
Grass root mov't w/ local entrepreneurs, angels & advisors
Startups Ecosystem Matters...a Lot
Ken Wilcox
Why Governments Care?
Chairman, SVB
Gov't Role
Build (safer) roads
Don't Drive
US VC Industry
1% of GDP "in"
17% of GDP "out"
Accelerator Phenomenon
Yet, 90% of startups are expected/likely to fail
"From just one accelerator in 2005, to a handful in 2007, to over 130 around the world today, seed accelerators — and the jobs they create — are a positive change in the economic infrastructure of the technology industry" Jed Christiansen
Big Picture
Source: Seed-DB
Additional Stats
Corporations are joining the fun...
$600+Bn/yr R&D investment globally
but little to show for...
Looking at startups to outsource/seed innovation
610M
$3,538
$2.16Tn
Population

GDP

GDP/Capita

Malaysia Internet penetration

#mobile phones
60%
118M/yr (2012)
Funding
Network
Corporate
Network
Mentor
& Advisor
Network
Global + Local = Glocal
Expected Outcomes
Global
Domestic, Regional
Fail, learn, start over
via
Silicon Valley
Accelerator are Filling a Void
Startups = Pioneers...re-writing the rules
Lean start, lean manufacturing, growth hacking
Accelerator = "best of" collection of these trends, lessons, hacks + access new rule makers as Mentors
Books, online classes are emerging and capturing these lessons & tips
Silicon Valley
2013: Launched BootstrapAccelerator Asia in KL with MAD
Mission: Discover, Nurture & Accelerate Innovation Globally
Focus: Software, Internet Distribution & Cloud Infrastructure
2009: Launched BootstrapLabs in SV
Believes: Innovation has no borders... but ecosystems do
Some of our SV portfolio companies
Equity Value > $250M from a few Millions
Employ over 150 people - Majority Non-US
Raised $25M+ from VCs & Angels
So much more for a lot less
$35
Fasten your seat belts
We use them for everything
We are (already) addicted
Mobile and Tablets will DWARF PCs
Everyone is a founder, life learner
Who are we?
3 Partners from Europe, living in Silicon Valley...
Timo Lehes
VC, Data Driven
3rd fund, 40+ Tech Investments
2X EU Portfolio Return (Q2-13E)
Entrepreneur, M&A
Nicolai Wadstrom
Hacker, Parallel Entrepreneur
Serial Entrepreneur
Developer, Startup CTO, CEO
EU & US Angel investor - 12 x on Prezi
Ben Levy
M&A, Deal Maker
Entrepreneur: 2 exits, 1 crash
Investment banker: $5Bn M&A, $300M Capital Raised
...with a passion for entrepreneurship & technology
Jobs & wealth creation competition
Fundamental technology shifts
Startup Revolution
& Accelerator proliferation
Affordable knowledge is everywhere
172
Total
Worldwide
2013
172 Program Wordwide
2910 companies accelerated
159 exits for $1,7Bn
$2,7Bn funding
9501 jobs created
Hands-on startup building education
Equity Value
Creation
In Malaysia
South East Asia Opportunity
Alumni Network
What is an Accelerator?
Min. 2 founders
One can code/dev.
Idea or Product
Input
2 batches of 10-50 cos
Usually in co-working space
Avg 500 Applicants
Mentors
Advisors
Seed
Capital
Education
/Execution
3 Month Program
+
+
Follow-on funding
Persevere
Iterate
Pivote
Fold and start over
80-90%
10-20%
5-10% Equity
+ program fees
DEMO DAY!
Angels
VCs
Hands-on, Focused
Alumni Network
What is an Accelerator?
Min. 2 founders
One can code/dev.
Idea or Product
Input
2 batches of 10-50 cos
Usually in co-working space
Avg 500 Applicants
Mentors
Advisors
Seed
Capital
Education
/Execution
3 Month Program
+
+
Follow-on funding
Persevere
Iterate
Pivote
Fold and start over
80-90%
10-20%
5-10% Equity
+ program fees
DEMO DAY!
Angels
VCs
Hands-on, Focused
BootstrapAccelerator Asia Update
47 Startup Applications steadily growing
50 Ideation Applications steadily growing
3 Startups accepted in the program
7 ideations, 3 moving forward with startups
Shoppertise
Onboarding new companies in October
Why we chose Malaysia
as our gateway to SEA
English speaking
(Tech) Talent pool and cost competitive
Market size
Business friendly, 2h from anywhere
MSC Status
Government support
Last but not least, MAD Incubator
Full transcript