More Related Content Similar to Thoughts on European Start Ups Similar to Thoughts on European Start Ups (20) More from Saul Klein (17) Thoughts on European Start Ups1. Some thoughts on the European Venture scene Saul Klein [email_address] Web2Expo – Berlin October 22, 2008 13. Founded IPO VC >> ? Many major winners started during and after the last bubble 23. We will almost certainly face severe and sustained recessions - 61% YTD - 63% YTD - 49% YTD - 40% YTD - 62% YTD - 56% YTD 24. But where the Internet is used has changed dramatically – its not just the US anymore 28. Raise enough capital. Stay Strong. Get Paying Customers. Cut costs. Get to break even Bootstrap Like Crazy. Focus. Don’t panic. Make products people want.