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

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

  1. 1. Learning to fly: building tech startups in CEE Spark.me, 26 september
  2. 2. 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
  3. 3. Who are we?
  4. 4. The h4ck3rs
  5. 5. Engineering + lack of resources = the hacking culture
  6. 6. #1 Engineers build good tools for engineers
  7. 7. Market disconnection
  8. 8. Does it worth it?
  9. 9. Local product companies
  10. 10. Service oriented companies
  11. 11. 40 developers x 8 hours x 22 days x 12 months x 50 USD / hour
  12. 12. Evernote?
  13. 13. #2 Building innovative products for the global web
  14. 14. Look for models
  15. 15. Nordeus, LogMeIn, Bitdefender, Avangate, Prezi, Telerik, Ubervu, 123ContactForm, Codeanywhere, Mavenhut ….
  16. 16. SaaS or gaming
  17. 17. MVP costs, later monetization?
  18. 18. #3 Evaluate SaaS and gaming first
  19. 19. Tons of learning resources
  20. 20. Stanford, MIT, Harvard
  21. 21. TechCrunch, PandoDaily, TheNextWeb
  22. 22. Tens of blogs
  23. 23. Meet your local community
  24. 24. #4 Connect to your local community & to global knowledge
  25. 25. Money & learning
  26. 26. Early stage money? Ha!
  27. 27. Tens of accelerators
  28. 28. #5 Reach out to accelerators
  29. 29. Building a startup is a learning process
  30. 30. Meet mentors, decrypt message, repeat
  31. 31. Mentors are biased
  32. 32. Mentors are not necessarelly clients
  33. 33. Skin in the game?
  34. 34. #6 Figure out not what mentors are saying, but why
  35. 35. Hope you enjoyed it 
  36. 36. Best time to start.
  37. 37. You’ve got no excuse.
  38. 38. Start it now.
  39. 39. Thank you!
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