11. work on your project or with a startuphttp://school.mindthebridge.org
12. 3 Do we care about Innovation? Innovation is about what will be NEXT “You cannot plan innovation. You cannot plan invention. All you can do is try very hard to be at the right place and be ready.” Eric Schmidt, May 09
35. Investment Strategy Medium Risk Low Risk Medium Risk High Risk IPO M&A Valuation M&A Investment Focus Cumulative Investment BETA CUSTOMERS EXPANSION MARKETSHARE IDEA DEVELOPMENT 12-24 months 3 months 3-6 months 12-18 months 12-24 months Management Focus Vision/ Product Focus Customer / Market Share Focus
36. Venture Capital General Investment Process Venture Capital General Investment Process Limited Partners Distributions Fundraising Commitments VC Firm (General Partners) Fund Fund Fund Investment Disbursements Proceeds Startup Companies Exit IPO/M&A
39. 22 Read those or you’re out www.Techcrunch.com www.Linkedin.com www.Valleywag.com www.Siliconvalley.com www.BoingBoing.net www.Digg.com www.startupdigest.com news.ycombinator.com/ www.thefunded.com
40. 23 Read those or you’re out www.baia-network.com www.lobbyinnovazione.it siliconvalley.corriere.it www.italianidifrontiera.com www.workingcapital.telecomitalia.it FACEBOOK: ITALIAN STARTUP SCENE RIDE THE WAVE TO SF MIND THE BRIDGE GYM
41. 24 Successful Landings Find a dedicated mentor (soon!) Set your quarterly objectives Use the network Customers before funding Get local (advisory committee) Learn from who disagrees
42. 25 (5) Lessons from Google the team is all (almost) healthy disregard for the impossible big problems are better than small ones users first don’t pay attention to the VC bandwagon
43. 26 Raising money Today (@#$!) in SV Don’t talk to me if you… are you not local how many exits again? don’t show me the buyer (don’t IPO me…) haven’t jumped yet
44. 27 Why now? It’s the best opportunity talent abounds from scarcity comes clarity innovation comes from hunger startup cost ~0
45.
46. Communicating the American Way: A Guide to Business Communications in the U.S. by Blendstrup, Ghisini Amazon.com
47. The Home Run Hitter's Guide to Fundraising: Happy About Raising Capital without Pitching by Dan Sapp Amazon.com
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49.
50. 30 Agenda WEDNESDAY May, 12 * 10.00AM-12.00AM - VMWare * 1.00PM-2.00PM - Sun/Oracle * 3.00PM-5.00PM - Autodesk THURSDAY May, 13 * 9.00AM-11.00AM - Google * 11.30AM-1.00PM - Stanford Univ. * 4.00PM - 5.30PM - Facebook MONDAY May, 10 * 9.00AM-12.30PM - Accenture * 2.00PM-4.00PM - Strands * 4.30PM-5.45PM - Intro to Silicon Valley * 6.00PM-9.00PM - Startup night TUESDAY May, 11 * 7.30AM- 9.30AM - Yahoo * 10.00AM-11.30AM - Innovation Mgmt Institute * 3.30PM-5.30PM - Plug & Play Tech center * 6.00PM-8.00PM - IE cocktail
51. 31 Speakers www.iesiliconvalleyweek.com Bob Sutton,Stanford AtakanCetinsoy,Strands Javier Olivan, Facebook VittorioViarengo,VMWare Julian Keith Loren, Innovation Mgmt Inst EttoreLeale,Yahoo Jon Pittman,Autodesk Bernardo Hernandez,Google Marco Marinucci,Google, MTB