This document discusses an entrepreneur's journey and trends supporting the launch of Birchmere Labs. It includes: 1) An overview of the Birchmere Labs model, which involves $50k-$200k concept investments and spinning out successful concepts. 2) A comparison of Birchmere Labs' approach to starting companies to how they will approach ideas - by building, measuring, and learning. 3) A discussion of ongoing disruption in early-stage investing through new models like Angel List syndicates and the bifurcation of Series A funding.

1. PROPRIETARY AND CONFIDENTIAL
MY
ENTREPRENEURIAL
JOURNEY
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Carnegie Mellon University
October 8, 2014
http://www.flickr.com/photos/ecstaticist/3289337255/sizes/l/

2. PROPRIETARY AND CONFIDENTIAL
http://inmaps.linkedinlabs.com/network
1,850 connections
2

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Trends Supporting Launch of
Birchmere Labs
03 05 07 09 11
VC Blogs
emerge
RoR
launches
LAMP
stack
Amazon
S3 / EC2
Apple democratizes
mobile deck (iOS)
YCombinator
launch
Betaworks
launches
Science
launches in LA
The Lean Startup
published
AngelList
launches

10. PROPRIETARY AND CONFIDENTIAL
Birchmere Labs model
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~ $50k
~ $100k
~ $200k
concepts
scale
spin
out
~ 15 “Classic” Seed Investments
!
$200k initial investment
STUDIO SEED
+
IDEAS ~ $1k

11. PROPRIETARY AND CONFIDENTIAL
Just Like Our Companies ...
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Build
MeasureLearn

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Early Stage continues to
be disrupted
Angel List Syndicates
Series A Crunch / Bifurcation
JOBS Act & Crowd Funding
New Studio & Seed Funds
Evolving Institutional Seed Metrics

13. PROPRIETARY AND CONFIDENTIAL
FOUR LETTER WORDS
@ 37 SIGNALS
Source: http://37signals.com/svn/posts/439-four-letter-words
They are especially dangerous
when you string them together.
How many times have you said or
heard something like this:
!
“We really need it. If we don’t we
can’t make the customer happy.
Wouldn’t it be easy if we just did it
like that? Can you try it real fast?”
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Need
Must
Can’t
Easy
Just
Only
Fast

14. PROPRIETARY AND CONFIDENTIAL
THANK YOU
!
@SEANAMMIRATI
!
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