1. Angels in Silicon Valley
Trends and lessons learned
Pieter Dubois – Founder Paycento
pieter@paycento.com

2. Paycento makes paying for content as easy as a facebook “Like”
Seriously!

3. Paycento received world wide press coverage in April
www.slideshare.net/paycento

6. A rising tide lifts up all boats

7. It’s the era of social flea picking

8. Incremental improvements leveraging WW platforms

9. Case: Simplifying Payments, credit card payments

10. Case: Disrupting the “Store” model
1. Give Title
2. Upload Picture
3. Set price
4. Create link
5. Distribute
Using twitter messages
to buy and sell

11. Remove
all
friction
Great
design
&
simplicity

12. Remove
all
friction
Great
design
&
simplicity

13. Outlier

14. Reality Check: Most fundings are in the $50-250k
Incubators taking role of Angels
IT cost are 10% of what they were in 2000
Tools are much more powerful (cloud)
Leading to much smaller teams (instagram 13ppl)
World wide distribution platforms (Facebook)
But … result is no room for “big thinking” anymore

15. Outliers

16. Competition is much harder now
Ironically requiring higher &
sustained investments over time
Secret: Become a “habit”

17. What are (US) VC’s looking for
in startups?
TRACTION

18. Engagement

19. VC’s also look for
High valuation potential

20. Case Study

22. (very) Simplified valuation example
1750 + 250 revenue/mo
x 12 months
24 000 revenue per year
x 1000 Top 1000 Forbes
24,000,000 Revenue
x 18 Multiplier
432 Million valuation
: 10 (VC’s want 10x money)
43,2 Million Current Value
4 Million investment = 10%

23. However ….
• Only when there is traction (there is!)
• Competition from Radian6, Visible
Technologies, Sysomos, Socialbakers and
Buddy Media
• So it won’t win all top 1000 Forbes accounts
• And Engagor’s prices are already bottom level

25. Finally, most importantly

26. We are
Thank You
looking for
an
AWESOME
Web
Developer
& Designer
as
Partner
Contact me!
www.paycento.com Pieter Dubois
Twitter: @Paycento +32-472.72.45.96
Pieter@paycento.com