Make Italian Internet startups succeed for real

Make Italian Internet Startups succeed... for real October 16, 2010 Massimo Sgrelli

Who am I • Developer & Entrepreneur • Investor • Working on the Internet since ʼ91 • Advisor of startups (“give back”) • 10 years ago I founded my one: Wave Group (+1,000 people in 2010)

Startup take off $ Idea F&F Design & Get the + vs Angel Build business Team $ $ Feedbacks Investors Mockup Seeds, VCs, Funds

How to succeed (for Italians) • (you must) Leverage on Italian excellence • Sell your product personally • Which are your customers • What problems do you solve with it but the most important thing is...

... S P E E D !!! • You must be a fast learner • Do the right thing in the right place • The more feedback loops you close the better • Startups often fail because they run out of money before they had enough “iterations” Lessons learned: http://WhoDo.es business case (redemption > 4% , > 6,000 people no real-time metrics, out of cash

... so ask yourself, what we do best in Italy $ Idea F&F Design & Get the + vs Angel Build business Team $ $ Feedbacks Investors Mockup Seeds, VCs, Funds

Where is your Wall Street? Look for and follow the center of your universe • If your startup is about soccer, Italy could be the right place to start your business (i.e. Fubles) • If you compete on the API marketplace your business is in SV (i.e. Mashape)

I believe... you must get the best of the two worlds BUSINESS R&D B&M & MKTG 3-6 months Italy Silicon Valley Business idea Business & marketing Product design Feedback from peers Software development Feedback from the market Road show Alliances $ Venture investments $ $ $

• A Facebook group to share ideas and needs http://www.facebook.com/home.php?sk=group_155966211109684&ap=1

massimo.sgrelli@wavegroup.it Twitter: @massimosgrelli http://www.wavegroup.it http://factory.wavegroup.it

Make Italian Internet startups succeed for real

by Massimo Sgrelli

Accessibility

Categories

Upload Details

Usage Rights

1 Embed 20

Statistics

Make Italian Internet startups succeed for real Presentation Transcript