Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

Surviving your first 24 months as a startup by Fred Destin

124 views

Published on

Fred is a rockstar in the VC industry. He has been a board member for companies including Dailymotion, Deliveroo and PriceMinister. He’s led many rounds and observed startups from early stages to global expansion. He gives us his unique take on how to survive the critical first 24 months as a startup.

Published in: Business
  • Be the first to comment

Surviving your first 24 months as a startup by Fred Destin

  1. 1. @fdestin SURVIVING YOUR FIRST 24 MONTHS @fdestin
  2. 2. 25 Seeds, 17 Series A, 7.5BN+ in EV 
 10 Exits : Zoopla (seed to IPO, $3BN), Pillpack ($1BN to AMZN), IntegralAds ($850M to Vista), DailyMotion, PriceMinister, KDS, Lagoa Upcoming:
 Deliveroo, SecretEscapes, Carwow @fdestin
  3. 3. VC LP C TRACTION TECH TEAM
  4. 4. COMPANY RANK INVESTMENTRETURN PERCEIVED ACTUAL 1 1x 5x 10x 10 20
  5. 5. UPSIDE GLIMMER OF GREATNESS IMPACT CAPITAL CONCENTRATION
  6. 6. GET OUT OF THE BUILDING YOUR COMFORT ZONE THE MAGIC HAPPENS HERE
  7. 7. START UP KILLERS TALENT TIME CHOICES CASH
  8. 8. DEFEAT STARTS @ HOME
  9. 9. RETHINK TIME $$$$ Q1 RECRUIT Q2 LAUNCH Q3 METRICS $ Q3 LAUNCH Q1 REHIRE Q2 BACKEND $ Q3 METRICS SERIES A #ftw SERIES SEED #forsurvival Q1 RECRUIT Q2 LAUNCH
  10. 10. BEAT THE CRUNCH $$$$ DEVELOP PRODUCT $ ANGELLIST SERIES SEED $$ SERIES A #ftw F&F KICKSTARTER CAMPAIGN $ $
  11. 11. YOUR JOB MAKE DECISIONS UNDER CONDITIONS OF UNCERTAINTY DEFINE THE MISSION FOCUS ONLY ON THE MISSION MOVE THE BALL DOWN THE FIELD EVERY DAY
  12. 12. CIMITYM
  13. 13. FOCUS
  14. 14. START UP SURVIVAL MAKING IT THROUGH YOUR FIRST 24 MONTHS @fdestin medium

×