The Business Plan Yes, we know it’s all in your head and your product is perfect. Yes, it’s obvious that it will make loads of money You Really, Really, Really REALLY Need to write the Business Plan. If you can’t explain your business to yourself then how do you expect others to give you money?
The Presentation Make it beautiful Really beautiful. Polish and then polish some more. Most startups Don’t do this So this is immediately your difference.
Make a prototype Functional is better Test market validation is even better But if all else fails, have something to show.
3. Sending Laika into space George goes barking into the wild unknown. Sort of.
Staying with Gurbrit -Random Sikh Guy George went to the Valley, rented a house staying with Gurbrit. Went to tons of Valley meetings.
Rented an office at Plug n’ Play Started seeing people and going at events. Our presentation helped us
The Ukrainian Connection Once you’re there. Opportunities start coming. Even odd ones. The strangest email Eric ever had to write.
Trajectories Normally, Off the Boat your first goal is to see the Angel community especially for seed area funding- Up to $250K However, we were in an unusual position. Se we got to see VC’s from the outset. Easter 2011, Eric joins George in the Valley
4. The Splatter Story Be afraid, be very afraid
Really boils down to this• Get friends to complement you skills• Try and devote yourself to the project• Make the Business Plan, the presentation, the prototype.• Get out there and show it• Believe it when things are down.And remember…