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For Advanced online course : Startup Board : Advanced Entrepreneurship. Venture-Lab 2012 …

For Advanced online course : Startup Board : Advanced Entrepreneurship. Venture-Lab 2012

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  • 1. for Stanford University Venture Lab 2012 Third Board Meeting Date : 1 December 2012 ( Saturday ) Time: London, UK 2.00pm Geneva, Switzerland: 3pm Atlanta, New York, USA: 10am California, USA: 7.00am Malaysia: 10pmConference Call Information : Skype id :BeautyArbitrage Skype Group : Arbirage
  • 2. Agenda & PurposeAgenda & Purpose (2 Minutes )Highlight & lowlights summary (8 Minutes)Action items from last Board meeting & Progress (16 Minutes)Key challenges & Decisions / Next step for resolving & implementing(32 Minutes )Confirm next Board meeting time and location( 2 Minutes )
  • 3. Highlights & Lowlights 1) Email received from outsourcing company base in Belarus ( Refer Software intellectual Property below ) http://adexin.com/ 2) Advantage of our team location ( Startup Genome ranks world’s top startup ecosystem ) Srini ( Silicon Valley ) http://techcrunch.com/2012/11/20/startup-genome- ranks-the-worlds-top-startup-ecosystems-silicon-valley-tel-aviv-l-a-lead-the- way/
  • 4. Highlights & Lowlights Cory (New York ) http://dl.dropbox.com/u/3653347/Startup%20Ecosystem%20Report%202012% 20Part%201%20vers%201.2.pdf ( Read New York only ) New York has established itself as a serious alternative to SV for startups in the consumer space and those focusing on e-commerce, advertising, media and fashion. NYC companies tend to monetize earlier, with a higher ratio of paying customers. Even though that may mitigate risk, it may also limit the startup’s ability to be highly disruptive. NYC has been able to clearly distinguish itself from SV with a strong emphasis on consumer startups. NYC has a funding gap, with 70% less funding than SV in the second stage before product market fit, probably due to a lack of super angels. NYC is slow in adopting new technologies such as Ruby on Rails and Python, relying more on PHP and .Net. ( Refer Software Intellectual Property below )
  • 5. Highlights & Lowlights NYC is more consumer oriented, with 35% more startups focused on consumers as their primary paying customer, and 35% less focused on SMEs as their primary paying customer. For anyone tackling the consumer space and building an e-commerce, advertising, media or fashion startup, NYC is a true alternative to SV. If a startup has already reached product/market fit and is getting ready to scale, NYC can be a great spot for both raising money and for getting global exposure. Sam ( London ) http://dl.dropbox.com/u/3653347/Startup%20Ecosystem%20Report%202 012%20Part%201%20vers%201.2.pdf (Read London only) London has burst onto the scene and has become the most successful Startup Ecosystem in Europe, producing the largest output of startups in the European Union by far. London entrepreneurs focus 81% more on consulting as a side activity than SV entrepreneurs. London’s technology adoption is slower than SV. London startups rely more heavily on PHP
  • 6. Highlights & Lowlights London entrepreneurs focus 81% more on consulting as a side activity than SV entrepreneurs. London’s technology adoption is slower than SV. London startups rely more heavily on PHP (50%), and less on Java (10%), Ruby (13%), and Python (8%) compared to SV. ( Refer Software intellectual Property below )Peter (Malaysia/Singapore/Sydney/Melbourne)Magdalena ( Geneva / Zurich )http://money.cnn.com/gallery/technology/2012/09/19/startups-global-cities.fortune/2.html
  • 7. Action item from last meeting & Progress : 1) Team Building 1) Result of Srini profile ( Salesdog ) survey : Chihuahua 2) Logo & trademark (Brand Building) http://goo.gl/7df5h (Sam) http://www.logogarden.com/terms-of-service.php#diyweb (Magdalena ) Existing logo 3) Brand Positioning (Brand Building) One to one skype call ( Between Cory & Peter )
  • 8. Key Challenges & Decision Multiple Frames & Constraints : 1) Team Building bricks: Team code of honor https://www.google.com.my/#hl=en&sugexp=les%3B&gs_nf=3&tok=p UWJlEydzZmtvb4u9gbJ- g&pq=code%20of%20honor&cp=19&gs_id=12&xhr=t&q=code%20of% 20honor%20Blair%20singer&pf=p&tbo=d&biw=1280&bih=621&sclien t=psy- ab&oq=code+of+honor+Blair&gs_l=&pbx=1&bav=on.2,or.r_gc.r_pw.r_ cp.r_qf.&fp=21da0c7e403e79ed&bpcl=38897761& Team Cultural http://vimeo.com/53906827 walls : Team Building Cathedrals : Funding Constraints : Human Resources Celebrate every victory no matter how small , etc
  • 9. Key Challenges & Decision Multiple Frames & Constraints : 2) Brand Building bricks : Logo & Brand positioning walls : Brand Building Cathedrals : Funding Constraints : Human Resources
  • 10. Key Challenges & Decision Multiple Frames & Constraints : 3) Software Intellectual Property bricks : Ruby Vs .Net & PHP to connect with Database (Microsoft SQL) http://techcrunch.com/2012/11/20/startup-genome-ranks-the-worlds-top- startup-ecosystems-silicon-valley-tel-aviv-l-a-lead-the-way/ (Refer Highlight & Lowlights 2 above ) Email received from outsourcing company base in Belarus http://adexin.com/ ( Refer Highlighs & lowlights 1 above ) walls : Software Intellectual Property Cathedrals : Funding Constraints : Human Resources
  • 11. Key Challenges & Decision Next step for resolving & implementing: 1) Team Building Team Code of Honor, Team cultural, Spiritual Mission? 2) Brand Building Logo & trademark, brand positioning , Mobile Apps? Australia, EU, US? Internal Branding Vs External branding? 3) Software Intellectual Property SQL Database, Business Intelligent, Point of Sales (POS) ,ERP, Facebook apps, Mobile Apps,
  • 12. Next meeting time & location : Date : 15 December 2012 ( Saturday ) Time: London, UK 2.00pm Geneva, Switzerland: 3pm Atlanta, New York, USA: 10am California, USA: 7.00am Malaysia: 10pm Conference Call Information : Skype id :BeautyArbitrage Skype Group : Arbirage