0
Journey to the Wonderful
World of Startups
EPITA Innovation Week 2013
Daniel Jarjoura - Startup42
58 slides
58 slides
~ 1 hour
58 slides
~ 1 hour
Constant interactions
58 slides
~ 1 hour
Constant interactions
Q&A at your discretion
Ladies and
gentlemen, this
is your captain
speaking
BS
Telecommunications
Pre-sales
Engineer
Product Manager
Innovation Manager
Business Development Director
MS
Computer Scie...
Startups?
Net worth: $19 Billion
Net worth: $19 Billion
What about
France?
$600M
$6.8B
What’s a
startup?
3 types of startups
Lifestyle Startups
Lifestyle Startups
Work to live
their Passion
Lifestyle Startups
Work to live
their Passion
Serve know
customer
with known
product
Lifestyle Startups
Work to live
their Passion
Serve know
customer
with known
product
No Exit potential
Small Business Startups
Small Business Startups
Work to
Feed the
family
Small Business Startups
Work to
Feed the
family
Serve know
customer
with known
product
Small Business Startups
Work to
Feed the
family
Serve know
customer
with known
product
Limited Exit potential
99,9% of French companies
Scalable Startups
Scalable Startups
Born to be
BIG
Scalable Startups
Born to be
BIG
Solution for
unknown
customer
with
unknown
features
Scalable Startups
Born to be
BIG
Solution for
unknown
customer
with
unknown
features
Huge Exit potential
Total Available
Market > €300M
Typically needs
Venture Capital
Growth Potential
> €50M
A startup is a temporary
organization used to search
for a repeatable and scalable
business model
Steve Blank - Author, En...
Startups are Not small
versions of big companies
Startups Big Companies
Startups Big Companies
Search
Startups Big Companies
Search Execute
Startups Big Companies
Search Execute
Metrics
Startups Big Companies
Search Execute
Metrics Accounting
Startups Big Companies
Search Execute
Metrics Accounting
Customer
Validation
Startups Big Companies
Search Execute
Metrics Accounting
Customer
Validation
Sales
Startups Big Companies
Search Execute
Metrics Accounting
Customer
Validation
Sales
Customer
Development
Startups Big Companies
Search Execute
Metrics Accounting
Customer
Validation
Sales
Customer
Development
Product
Management
Startups Big Companies
Search Execute
Metrics Accounting
Customer
Validation
Sales
Customer
Development
Product
Management...
Startups Big Companies
Search Execute
Metrics Accounting
Customer
Validation
Sales
Customer
Development
Product
Management...
Entrepreneurship as a
Management Science
Entrepreneurship as a
Management Science
E-School instead of B-School
The first
business school
1819
1908
First MBA
1957
First European
MBA
2008
> 100,000
MBAs / year
Business as a Management S...
Business Schools Topics
Business Schools Topics
Execution
Business Schools Topics
Execution
Accounting
Business Schools Topics
Execution
Accounting
Strategy
Business Schools Topics
Execution
Accounting
Strategy
Product
Management
Business Schools Topics
Execution
Accounting
Strategy
Product
Management
Engineering
Startups Big Companies
Search Execute
Metrics Accounting
Customer
Validation
Sales
Customer
Development
Product
Management...
Startups Big Companies
Search Execute
Metrics Accounting
Customer
Validation
Sales
Customer
Development
Product
Management...
Startups Big Companies
Search Execute
Metrics Accounting
Customer
Validation
Sales
Customer
Development
Product
Management...
Business Schools Focus on
Big Company Strategies
Business Schools
Limitations?
Business Schools
Limitations?
Most professors consult for large
companies
Business Schools
Limitations?
Most professors consult for large
companies
Most believe startups are
small versions of big
...
Business Schools
Limitations?
Most professors consult for large
companies
Most believe startups are
small versions of big
...
1959
1996
2005
2011
> 100 incubators
globally
Incubators
a Reaction to the lack of Practical University
Entrepreneurship
Startup Incubators
Startup Incubators
Experience vs.
Theory
Startup Incubators
Experience vs.
Theory
Goal: create a
company and jobs
Startup Incubators
Experience vs.
Theory
Goal: create a
company and jobs
Curriculum: product
development + best
practices
StartUp42 is a startup accelerator, aimed at
helping early-stage ICT projects develop
their first prototype and validate in...
We are a non-profit
organization offering
acceleration services
free of charge to
startups without
taking equity
We are supported by EPITA as well as a club
of corporate sponsors
We are open to all and look for:
Innovative ICT projects solving real-life problems
Teams with at least one technical co-f...
Services offered to our
startups
Technology Expertise
Access to the startup
ecosystem
Some of our partners
Serendipity Mentorship
Tariq Krim
Jolicloud
Guillaume Roques
Salesforce.com
Adrien Aumont
KissKissBankBank
Stéphane Crozatier
Facebook
Mattt Thom...
Our first batch (StartUp42 v0.1)
Collective Thinking develops solutions for governments and enterprises, allowing them to i...
Our v0.1 Prototype Fiesta
Before After
13 teams pre-selected
7 early-stage projects
selected
80% outside applicants
16 motivated founders
+10 new hi...
So, what’s in
there for you?
You might
want to
move to the
dark side of
the force
Or maybe still
hesitating?
5 myths about working for a
startup
5 myths about working for a
startup
1/ Smart people work for big companies
5 myths about working for a
startup
1/ Smart people work for big companies
5 myths about working for a
startup
1/ Smart people work for big companies
2/ Those who can’t get a job elsewehre
join a s...
5 myths about working for a
startup
1/ Smart people work for big companies
2/ Those who can’t get a job elsewehre
join a s...
5 myths about working for a
startup
1/ Smart people work for big companies
2/ Those who can’t get a job elsewehre
join a s...
5 myths about working for a
startup
1/ Smart people work for big companies
2/ Those who can’t get a job elsewehre
join a s...
5 myths about working for a
startup
1/ Smart people work for big companies
2/ Those who can’t get a job elsewehre
join a s...
5 myths about working for a
startup
1/ Smart people work for big companies
2/ Those who can’t get a job elsewehre
join a s...
5 myths about working for a
startup
1/ Smart people work for big companies
2/ Those who can’t get a job elsewehre
join a s...
5 myths about working for a
startup
1/ Smart people work for big companies
2/ Those who can’t get a job elsewehre
join a s...
And if you
already made
your choice...
Startups are changing the
world. Don’t miss the train
Thanks	
  so	
  much	
  for	
  listening	
  and	
  
let’s	
  stay	
  in	
  touch!
@Startup42_
facebook.com/Startup42
@Djar...
The wonderful world of startups - EPITA Innovation Week
The wonderful world of startups - EPITA Innovation Week
The wonderful world of startups - EPITA Innovation Week
The wonderful world of startups - EPITA Innovation Week
The wonderful world of startups - EPITA Innovation Week
The wonderful world of startups - EPITA Innovation Week
The wonderful world of startups - EPITA Innovation Week
The wonderful world of startups - EPITA Innovation Week
The wonderful world of startups - EPITA Innovation Week
The wonderful world of startups - EPITA Innovation Week
The wonderful world of startups - EPITA Innovation Week
The wonderful world of startups - EPITA Innovation Week
The wonderful world of startups - EPITA Innovation Week
The wonderful world of startups - EPITA Innovation Week
The wonderful world of startups - EPITA Innovation Week
The wonderful world of startups - EPITA Innovation Week
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Transcript of "The wonderful world of startups - EPITA Innovation Week"

  1. 1. Journey to the Wonderful World of Startups EPITA Innovation Week 2013 Daniel Jarjoura - Startup42
  2. 2. 58 slides
  3. 3. 58 slides ~ 1 hour
  4. 4. 58 slides ~ 1 hour Constant interactions
  5. 5. 58 slides ~ 1 hour Constant interactions Q&A at your discretion
  6. 6. Ladies and gentlemen, this is your captain speaking
  7. 7. BS Telecommunications Pre-sales Engineer Product Manager Innovation Manager Business Development Director MS Computer Science
  8. 8. Startups?
  9. 9. Net worth: $19 Billion
  10. 10. Net worth: $19 Billion
  11. 11. What about France?
  12. 12. $600M
  13. 13. $6.8B
  14. 14. What’s a startup?
  15. 15. 3 types of startups
  16. 16. Lifestyle Startups
  17. 17. Lifestyle Startups Work to live their Passion
  18. 18. Lifestyle Startups Work to live their Passion Serve know customer with known product
  19. 19. Lifestyle Startups Work to live their Passion Serve know customer with known product No Exit potential
  20. 20. Small Business Startups
  21. 21. Small Business Startups Work to Feed the family
  22. 22. Small Business Startups Work to Feed the family Serve know customer with known product
  23. 23. Small Business Startups Work to Feed the family Serve know customer with known product Limited Exit potential
  24. 24. 99,9% of French companies
  25. 25. Scalable Startups
  26. 26. Scalable Startups Born to be BIG
  27. 27. Scalable Startups Born to be BIG Solution for unknown customer with unknown features
  28. 28. Scalable Startups Born to be BIG Solution for unknown customer with unknown features Huge Exit potential
  29. 29. Total Available Market > €300M Typically needs Venture Capital Growth Potential > €50M
  30. 30. A startup is a temporary organization used to search for a repeatable and scalable business model Steve Blank - Author, Entrepreneur
  31. 31. Startups are Not small versions of big companies
  32. 32. Startups Big Companies
  33. 33. Startups Big Companies Search
  34. 34. Startups Big Companies Search Execute
  35. 35. Startups Big Companies Search Execute Metrics
  36. 36. Startups Big Companies Search Execute Metrics Accounting
  37. 37. Startups Big Companies Search Execute Metrics Accounting Customer Validation
  38. 38. Startups Big Companies Search Execute Metrics Accounting Customer Validation Sales
  39. 39. Startups Big Companies Search Execute Metrics Accounting Customer Validation Sales Customer Development
  40. 40. Startups Big Companies Search Execute Metrics Accounting Customer Validation Sales Customer Development Product Management
  41. 41. Startups Big Companies Search Execute Metrics Accounting Customer Validation Sales Customer Development Product Management Agile Development
  42. 42. Startups Big Companies Search Execute Metrics Accounting Customer Validation Sales Customer Development Product Management Agile Development Engineering
  43. 43. Entrepreneurship as a Management Science
  44. 44. Entrepreneurship as a Management Science E-School instead of B-School
  45. 45. The first business school 1819 1908 First MBA 1957 First European MBA 2008 > 100,000 MBAs / year Business as a Management Science
  46. 46. Business Schools Topics
  47. 47. Business Schools Topics Execution
  48. 48. Business Schools Topics Execution Accounting
  49. 49. Business Schools Topics Execution Accounting Strategy
  50. 50. Business Schools Topics Execution Accounting Strategy Product Management
  51. 51. Business Schools Topics Execution Accounting Strategy Product Management Engineering
  52. 52. Startups Big Companies Search Execute Metrics Accounting Customer Validation Sales Customer Development Product Management Agile Development Engineering
  53. 53. Startups Big Companies Search Execute Metrics Accounting Customer Validation Sales Customer Development Product Management Agile Development Engineering
  54. 54. Startups Big Companies Search Execute Metrics Accounting Customer Validation Sales Customer Development Product Management Agile Development Engineering
  55. 55. Business Schools Focus on Big Company Strategies
  56. 56. Business Schools Limitations?
  57. 57. Business Schools Limitations? Most professors consult for large companies
  58. 58. Business Schools Limitations? Most professors consult for large companies Most believe startups are small versions of big companies
  59. 59. Business Schools Limitations? Most professors consult for large companies Most believe startups are small versions of big companies Most B-school entrepreneurship programs are side-shows
  60. 60. 1959 1996 2005 2011 > 100 incubators globally Incubators a Reaction to the lack of Practical University Entrepreneurship
  61. 61. Startup Incubators
  62. 62. Startup Incubators Experience vs. Theory
  63. 63. Startup Incubators Experience vs. Theory Goal: create a company and jobs
  64. 64. Startup Incubators Experience vs. Theory Goal: create a company and jobs Curriculum: product development + best practices
  65. 65. StartUp42 is a startup accelerator, aimed at helping early-stage ICT projects develop their first prototype and validate initial assumptions in 4 months
  66. 66. We are a non-profit organization offering acceleration services free of charge to startups without taking equity
  67. 67. We are supported by EPITA as well as a club of corporate sponsors
  68. 68. We are open to all and look for: Innovative ICT projects solving real-life problems Teams with at least one technical co-founder Hacker’s spirit, really ;)
  69. 69. Services offered to our startups
  70. 70. Technology Expertise
  71. 71. Access to the startup ecosystem
  72. 72. Some of our partners
  73. 73. Serendipity Mentorship
  74. 74. Tariq Krim Jolicloud Guillaume Roques Salesforce.com Adrien Aumont KissKissBankBank Stéphane Crozatier Facebook Mattt Thompson Heroku Prescillia Leroy Agence PPM Franck Tetzlaff Kobojo Jacques Bonifay Transatel David Bizer HackFwd Alain Buzzacaro France Télévisions Véronique di Benedetto Econocom Didier Tranchier IT Angels Alexandre Malsch Melty Frédéric Plais Commerce Guys Jean-Xtophe Ordonneau Melcion, Chassagne Ori Pekelman Constellation Matrix Daniel Coheur Melio, Cibus intl Marc Brandsma Schibsted Rama Divedi Verseau Vincent Vergonjeanne Kobojo, EVERYDAYiPLAY Rand Hindi Snips Laurent Baudart Syntec Numérique Anne-Charlotte Rivière Dechert Olivier Leclerc Alcatel-Lucent Paul Degueuse 360 Capital Christian-François Viala MobileTag, YesProfile Antonin Léonard OuiShare Dali Kilani Zynga, iFeelgoods Mathieu Lhoumeau Contract Live Wessel Kooyman Cole Street Some of our mentors Ramine Darabiha Rovio Jb Labrune MIT Medialab
  75. 75. Our first batch (StartUp42 v0.1) Collective Thinking develops solutions for governments and enterprises, allowing them to identify and build collective thoughts trends through syntactic analysis and big data algorithms.This solution will enable their customers to analyze and understand these trends. Dyndrop offers to PHP developers and web agencies a simple and easy way to deploy GitHub projects on the cloud while automating server administration and managing the development workflow. Mobeye enables companies and brands, to gather and analyze their on-site data in an effective way, by giving incentives to a large community of smartphone users, willing to participate.These users will then be able to make money while collecting data for enterprises. Modizy is the first online personal shopper for women. Founded in March 2012, Modizy already offers 60,000+ products and 6,000 fashion brands to more than 14,000 active members, 98% of them being women. Like a real personal shopper, Modizy learn its users’ tastes through its intelligent marketplace and help them shop on by giving advice and making suggestions. MotionLead was founded in 2012 by two EPITA students while in their 2nd year. Their first application, Meme reader (previously 9GAG reader), was downloaded more than 1.6 millions times and is currently used by 600,000+ active users. MotionLead is currently working on revolutionizing mobile advertising MonPractice.com provides the keys to pinpoint your winning golf moves using sensors located directly on the paddock. No matter what your level is, MonPractice.com is able to provide you real time customized help through your own tablet or a multimedia kiosk. Ubimix provides a collaborative solution allowing to curate, repurpose and scenarios high-resolution images and to transform them into interactive zoomable ebooks, catalogues, infographics, maps or presentation. Monpractice.com motionlead
  76. 76. Our v0.1 Prototype Fiesta
  77. 77. Before After 13 teams pre-selected 7 early-stage projects selected 80% outside applicants 16 motivated founders +10 new hires Many awards won 6 incorporated companies 1 fund raising (€250K) and another one on the way
  78. 78. So, what’s in there for you?
  79. 79. You might want to move to the dark side of the force
  80. 80. Or maybe still hesitating?
  81. 81. 5 myths about working for a startup
  82. 82. 5 myths about working for a startup 1/ Smart people work for big companies
  83. 83. 5 myths about working for a startup 1/ Smart people work for big companies
  84. 84. 5 myths about working for a startup 1/ Smart people work for big companies 2/ Those who can’t get a job elsewehre join a startup
  85. 85. 5 myths about working for a startup 1/ Smart people work for big companies 2/ Those who can’t get a job elsewehre join a startup
  86. 86. 5 myths about working for a startup 1/ Smart people work for big companies 2/ Those who can’t get a job elsewehre join a startup 3/ You can’t get real learning experience if you work in a startup
  87. 87. 5 myths about working for a startup 1/ Smart people work for big companies 2/ Those who can’t get a job elsewehre join a startup 3/ You can’t get real learning experience if you work in a startup
  88. 88. 5 myths about working for a startup 1/ Smart people work for big companies 2/ Those who can’t get a job elsewehre join a startup 3/ You can’t get real learning experience if you work in a startup 4/ Startups don’t pay their employees
  89. 89. 5 myths about working for a startup 1/ Smart people work for big companies 2/ Those who can’t get a job elsewehre join a startup 3/ You can’t get real learning experience if you work in a startup 4/ Startups don’t pay their employees
  90. 90. 5 myths about working for a startup 1/ Smart people work for big companies 2/ Those who can’t get a job elsewehre join a startup 3/ You can’t get real learning experience if you work in a startup 4/ Startups don’t pay their employees 5/ The bigger the company you work for, the better your career chances are
  91. 91. 5 myths about working for a startup 1/ Smart people work for big companies 2/ Those who can’t get a job elsewehre join a startup 3/ You can’t get real learning experience if you work in a startup 4/ Startups don’t pay their employees 5/ The bigger the company you work for, the better your career chances are
  92. 92. And if you already made your choice...
  93. 93. Startups are changing the world. Don’t miss the train
  94. 94. Thanks  so  much  for  listening  and   let’s  stay  in  touch! @Startup42_ facebook.com/Startup42 @Djarjoura linkedin.com/company/startup42 www.startup42.org slideshare.net/djarjoura daniel@startup42.org
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