How to Start a Startup at NYU
•6 likes•3,168 views
Report
Share
Download to read offline
Interested in entrepreneurship? Learn how NYU helps founders become the next generation of startup leaders. The University’s teams of startup coaches offer educational programming and events and funding to support and accelerate entrepreneurs. This serves as an overview of all the programs and funds available to NYU students and faculty. An explanation of the Entrepreneurial Institute’s activities.
Recommended
More Related Content
What's hot
What's hot(20)
Viewers also liked
Viewers also liked(19)
Similar to How to Start a Startup at NYU
Similar to How to Start a Startup at NYU(20)
Recently uploaded
Recently uploaded(9)
How to Start a Startup at NYU
- 1. @NYUEntrepreneur How to Start a Startup at NYU Frank Rimalovski Executive Director, Entrepreneurial Institute Managing Director, Innovation Venture Fund Adjunct Faculty, Tandon School of Engineering August 2016
- 6. @NYUEntrepreneur 75% of startups fail to return investors capital Shikhar Ghosh Harvard Business School
- 7. @NYUEntrepreneur So why do so many startups fail?
- 8. @NYUEntrepreneur “More startups fail from a lack of customers than from a failure of product development.”
- 9. @NYUEntrepreneur Top 12 Reasons Startups Fail
- 10. @NYUEntrepreneur Top 12 Reasons Startups Fail 42% cite lack of market need
- 11. @NYUEntrepreneur Successful Startups u Have really unique ideas u Operate in “stealth mode” u Write bulletproof business plans u Have a first mover advantage u Raise a lot of money u “Get big quick” (worry about revenue later) u Fund ➨ Build ➨ Customers 11
- 12. @NYUEntrepreneur Successful Startups u Have really unique ideas u Operate in “stealth mode” u Write bulletproof business plans u Have a first mover advantage u Raise a lot of money u “Get big quick” (worry about revenue later) u Fund ➨ Build ➨ Customers 12
- 14. @NYUEntrepreneur14 1. Teams Secrets of Startup Success
- 15. @NYUEntrepreneur15 2. Get out of the building Secrets of Startup Success
- 16. @NYUEntrepreneur16 3. Experiment & build iteratively Secrets of Startup Success
- 17. @NYUEntrepreneur The Playbook Individual Idea Team Startup Business 17 Entrepreneurs Festival Founders Unplugged Speakers & Events Website, Blog & Newsletters Entrepreneurs Network Clubs Summer Launchpad Innovation Venture Fund Future Lab Incubators Programs Blackstone LaunchPadCoaching Leslie eLabSpaces E-Team Grants Ignite Fellowships Startup Competitions I-Corps Healthcare Makerthon LLP Classes Startup Bootcamps Prototyping Fund Startup School
- 24. @NYUEntrepreneur Startup School Tuesdays, 4:00-5:30pm u Sep 20: Getting to Product Market Fit Part 1 u Sep 27: Getting to Product Market Fit Part 2 u Oct 4: Sizing Up Your Market & Competition u Oct 11: Testing Your MVPs & Prototypes u Oct 18: Acquiring Customers u Oct 25: Building & Growing Your Team u Nov 1: When & How to Raise Venture Capital u Nov 8: Measuring & Monitoring Metrics that Matter u Nov 15: Legal Essentials for Startup Founders u Nov 29: Managing your Intellectual Property u Dec 6: Storytelling & Pitching to Investors 24
- 25. @NYUEntrepreneur #n yu ef Lean Launchpad with Steve Blank August 24-28th In the Classroom
- 29. @NYUEntrepreneur Blackstone LaunchPad Coaches 29 Ali Heron Two Sigma Amy Rosen PPSG Erica Gruen xFoodNetwork Eric Martinez VSA Glen de Vries Medidata Glen Senk xUrban Outfitters Greg Slamowitz xAmbrose Harvey Homan xUrovalve Jim Kelliher Actifio Jay Kranzler Pfizer Jeff Dachis OneDrop Jen van der Meer Reason Street Joanna Schneier Cognotion Mark Pinney Magnetic Rob Fassino xThe Knot/XO Ryan Jacoby MACHINE Vince Passione LendKey Vivek Ragavan Siaras
- 30. @NYUEntrepreneur Blackstone LaunchPad Coaches 30 Andrew Cohen Brainscape Brendan Dickenson Canaan Partners Brian Aeoeh KEC Ventures Brittany Gorevic Lattice Ventures David Aronoff Flybridge Giff Constable xNeo Jamyn Edis Dash Labs John Elton Greycroft Partners Katie Shea xHomeJoy Kim Armor Comcast Ventures Noah Dinkin FanBridge Owen Davis Alpha Prime Rob Grossberg TreSensa Sachin Kamdar Parsely Sutian Dong Female Founders Tom Weingarten Google Vlad Vuckicevic Meural Zack Schildhorn Lux Capital
- 34. @NYUEntrepreneur Startup Funding Lifecycle 34 ① Discovery ② Validation ③ Customer Creation ④ Company Building Test assumptions about customer needs/problem & develop MVP Seek Validation that people are interested in your solution Begins to build demand & improve efficiency of customer acquisition Drive growth aggressively & execute business model Invention & ideation Grants Competitions Founders + Credit cards Angels Seed funds Venture capital funds Leasing Factoring Vendor finance Private equity Public markets Valuation* You are here Grants Crowdfounding Customers SBIR/STTR + Accelerators Friends & family
- 36. @NYUEntrepreneur
- 40. @NYUEntrepreneur
- 41. @NYUEntrepreneur
- 44. @NYUEntrepreneur Successful Startups u Get out of the building to (in)validate assumptions before building u Are focused on serving a niche u Build multiple MVPs to learn u Validate revenue model early u PMF before raising venture capital u Customers ➨ Build ➨ Fund 44
- 45. @NYUEntrepreneur Successful Startups u Get out of the building to (in)validate assumptions before building u Are focused on serving a niche u Build multiple MVPs to learn u Validate revenue model early u PMF before raising venture capital u Customers ➨ Build ➨ Fund 45 ✓