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Learning to fly: building tech startups in CEE - Bogdan Iordache
 

Learning to fly: building tech startups in CEE - Bogdan Iordache

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    Learning to fly: building tech startups in CEE - Bogdan Iordache Learning to fly: building tech startups in CEE - Bogdan Iordache Presentation Transcript

    • Learning to fly: building tech startups in CEE Spark.me, 26 september
    • The fabulous me • Small time tech entrepreneur • Founded of How to Web & Startup Spotlight • Also founded Tech Hub Bucharest, Tech Angels and others • Mentor at Seedcamp, Springboard / Tech Stars, Eleven, LAUNCHub, Rockstart, HackFWD and others • @bogdaniordache
    • Who are we?
    • The h4ck3rs
    • Engineering + lack of resources = the hacking culture
    • #1 Engineers build good tools for engineers
    • Market disconnection
    • Does it worth it?
    • Local product companies
    • Service oriented companies
    • 40 developers x 8 hours x 22 days x 12 months x 50 USD / hour
    • Evernote?
    • #2 Building innovative products for the global web
    • Look for models
    • Nordeus, LogMeIn, Bitdefender, Avangate, Prezi, Telerik, Ubervu, 123ContactForm, Codeanywhere, Mavenhut ….
    • SaaS or gaming
    • MVP costs, later monetization?
    • #3 Evaluate SaaS and gaming first
    • Tons of learning resources
    • Stanford, MIT, Harvard
    • TechCrunch, PandoDaily, TheNextWeb
    • Tens of blogs
    • Meet your local community
    • #4 Connect to your local community & to global knowledge
    • Money & learning
    • Early stage money? Ha!
    • Tens of accelerators
    • #5 Reach out to accelerators
    • Building a startup is a learning process
    • Meet mentors, decrypt message, repeat
    • Mentors are biased
    • Mentors are not necessarelly clients
    • Skin in the game?
    • #6 Figure out not what mentors are saying, but why
    • Hope you enjoyed it 
    • Best time to start.
    • You’ve got no excuse.
    • Start it now.
    • Thank you!