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#STARTUPADDVENTURE
MARKO SRSAN
EX TECHSTARS LONDON
LESSONS LEARNED AT
TECHSTARS LONDON
About me
• ex-associate @ Techstars
• founder @ TimePrep
• ex-organiser @ Zagreb Entrepreneurship Incubator
• ex-blogger, biz-dev & events @ Netokracija
• ex-Microsoft Student Partner
• University of Zagreb (MA in Economics; BSc in CS)
• drummer & FC Bayern fan
@msrsan
• one of the TOP startup accelerators in the world
• $118k in seed funding for 7-10% equity
• 9 Programs worldwide + 

9 vertical “Powered by Techstars”
• $2.4M - average funding per company
• how it works - 3 month (13 weeks) program
55
66
405
Active
Acquired
Failed
@msrsan
About TechStars
Techstars London W14
#
10
companies
80
mentors
10

associates
300 Demo Day

investors
32,

avg. age
17 Mini

MBAs
@msrsan
#1 Function over form
• biggest cultural difference
• the form, as long as it’s legal, doesn’t matter
• what matters is:
• is the job done?
• how can we do it most efficiently?
• “done is better than perfect”
@msrsan
Lessons Learned
Lessons Learned
#2 Treat every situation as a new learning opportunity
• not everything you’ll do is interesting and brings joy
• not everyone you’ll talk to is fun
• stay positive

• it still needs to be done
@msrsan
#3 Put yourself in another person’s shoes
• hiring - one of the toughest founder jobs
• you can’t read people’s minds - listen
• understand people’s interests and motivation
• #win-#win situation
@msrsan
Lessons Learned
#4 Make a decision
• 80 mentors - 80 experiences - 80 opinions and advice
• mentor whiplash - founders break
• which path will my company take?
@msrsan
Lessons Learned
#5 Proper deadlines bring the best in you
• without a deadline, there’s no pressure - you waste time
• with a deadline, people are always 

pushed over their limits!
• pitch evolution is unbelievable
@msrsan
Lessons Learned
#6 Keep it brief, short and simple
• difference between:
• being read or not
• arranging a meeting or not
• getting a job or not
• five.sentenc.es max
@msrsan
Lessons Learned
#7 Team is e v e r y t h i n g
• when facing with a mutual,

specific,greater goal

team synergy appears
@msrsan
Lessons Learned
Thank you!
Questions?
PS - Deadline for TS London is April 30th!
@msrsan

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Marko Srsan - Lessons Learned at TechStars London - Startup AddVenture Zagreb 2015

  • 1. #STARTUPADDVENTURE MARKO SRSAN EX TECHSTARS LONDON LESSONS LEARNED AT TECHSTARS LONDON
  • 2. About me • ex-associate @ Techstars • founder @ TimePrep • ex-organiser @ Zagreb Entrepreneurship Incubator • ex-blogger, biz-dev & events @ Netokracija • ex-Microsoft Student Partner • University of Zagreb (MA in Economics; BSc in CS) • drummer & FC Bayern fan @msrsan
  • 3. • one of the TOP startup accelerators in the world • $118k in seed funding for 7-10% equity • 9 Programs worldwide + 
 9 vertical “Powered by Techstars” • $2.4M - average funding per company • how it works - 3 month (13 weeks) program 55 66 405 Active Acquired Failed @msrsan About TechStars
  • 4. Techstars London W14 # 10 companies 80 mentors 10
 associates 300 Demo Day
 investors 32,
 avg. age 17 Mini
 MBAs @msrsan
  • 5. #1 Function over form • biggest cultural difference • the form, as long as it’s legal, doesn’t matter • what matters is: • is the job done? • how can we do it most efficiently? • “done is better than perfect” @msrsan Lessons Learned
  • 6. Lessons Learned #2 Treat every situation as a new learning opportunity • not everything you’ll do is interesting and brings joy • not everyone you’ll talk to is fun • stay positive
 • it still needs to be done @msrsan
  • 7. #3 Put yourself in another person’s shoes • hiring - one of the toughest founder jobs • you can’t read people’s minds - listen • understand people’s interests and motivation • #win-#win situation @msrsan Lessons Learned
  • 8. #4 Make a decision • 80 mentors - 80 experiences - 80 opinions and advice • mentor whiplash - founders break • which path will my company take? @msrsan Lessons Learned
  • 9. #5 Proper deadlines bring the best in you • without a deadline, there’s no pressure - you waste time • with a deadline, people are always 
 pushed over their limits! • pitch evolution is unbelievable @msrsan Lessons Learned
  • 10. #6 Keep it brief, short and simple • difference between: • being read or not • arranging a meeting or not • getting a job or not • five.sentenc.es max @msrsan Lessons Learned
  • 11. #7 Team is e v e r y t h i n g • when facing with a mutual,
 specific,greater goal
 team synergy appears @msrsan Lessons Learned
  • 12. Thank you! Questions? PS - Deadline for TS London is April 30th! @msrsan