How to survive outside of Silicon Valley

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How to survive outside of Silicon Valley

  1. 1. HOW TO SURVIVE OUTSIDE OF SILICON VALLEY Michael Galpert
  2. 2. Silicon Valley
  3. 3. Everywhere Else
  4. 4. HOW TO SURVIVE OUTSIDE OF SILICON VALLEY
  5. 5. NOT EASY TO START A BUSINESS
  6. 6. PERIOD.
  7. 7. EXCLAMATION POINT!
  8. 8. Open Source Real Time Semantic NanoBlogging Flux Capacitors
  9. 9. Nuclear Winter
  10. 10. We are in drastic times. Drastic times mean drastic measures must be taken to survive. Forget about getting ahead, we're talking survive. Get this point into your heads. ~Mike Moritz of Sequoia
  11. 11. How to Survive Outside of Silicon Valley Community Team Passion
  12. 12. • 1856 Members • Charlie O’Donnell www.nextny.org
  13. 13. Informational
  14. 14. Social
  15. 15. Recreational
  16. 16. • 2681 members • 83 Cities • Saul Klein opencoffee.ning.com
  17. 17. • 6 Continents • 55 Cities • Piers Fawkes & Noah Brier • Next one is next friday - 10/17 www.likemind.us
  18. 18. • Scott Heiferman www.meetup.com
  19. 19. • Amit Gupta & Luke Crawford www.workatjelly.com
  20. 20. How to Survive Outside of Silicon Valley Community Team Passion
  21. 21. Talent
  22. 22. Competition
  23. 23. Global Team
  24. 24. How to Survive Outside of Silicon Valley Community Team Passion
  25. 25. VC
  26. 26. Michael Galpert @msg www.michaelgalpert.com Thank You FOWA LONDON 2008
  27. 27. Haeundae Beach . Some Chick Lost Her Fake Boobs by Stinkie Pinkie http://www.flickr.com/photos/stinkiepinkie_infinity/2722385906/ Silicon Valley by Allifan http://www.flickr.com/photos/alifaan/2677816438/ it seems i/u need a break!! by Muha http://www.flickr.com/photos/muha/637014823/ First Aid Kit by wallyg http://www.flickr.com/photos/wallyg/519214345/ quot;1.21 jigawatts, Great Scott!quot; by H4NUM4N http://www.flickr.com/photos/hanuman/2696307083/ Dessert Snow Storm, Mojave by iva_01 http://flickr.com/photos/janewaterbury/400432590/ Snow Dog by Ming de Nasty http://www.flickr.com/photos/49257229@N00/260578685/ Sany0005 by ceonyc http://www.flickr.com/photos/ceonyc/166876755/ DSC06856 by epc http://www.flickr.com/photos/epc/383062421/ P1020247 by shawn.l http://www.flickr.com/photos/phluke/135958265/
  28. 28. Caution Magician Ahead! by The Rocketeer http://www.flickr.com/photos/kt/120468504/ Harry Jumps Again by Ian Boyd http://www.flickr.com/photos/itsaboyd/2350110882/ Weekend Love by Always Be Cool http://www.flickr.com/photos/alwaysbecool/2871346522/ crazy n love ! by moirabot http://www.flickr.com/photos/moirabot/2266225534/ Buddy, snow dog by hefftech http://flickr.com/photos/hefftech/2193888307/ The Atomic Explosion and Mushroom Fallout at Sunset by stuck in customs http://www.flickr.com/photos/stuckincustoms/2675676767/
  29. 29. Andy McLoughlin andy@huddle.net @bandrew
  30. 30. Not everything cool comes out of Silicon Valley
  31. 31. <eyy> </eyy>
  32. 32. How to survive outside Silicon Valley
  33. 33. Silicon Roundabout circa 2008?
  34. 34. Is it bollocks.
  35. 35. How to survive prosper outside Silicon Valley
  36. 36. 1) Community 2) Team 3) Customers 4) Money
  37. 37. So, does London make the grade?
  38. 38. Community?
  39. 39. DrinkTank, OpenCoffee, YC Hackers, FB Garage, Silicon Stilettos, Bootlaw, TechTerrace, TechCrunch Talk, Geektails, Internet People, Geekgirls, Swedish Beers, Minibar, Mashup*, Barcamp, First Tuesday, Glasshouse, OpenSoho, Pizza on Rails
  40. 40. • Dreamt up at Le Web 07 • First event March 2008 • Attracts 120+ founders and investors every month • RSVP @ www.drinktank.co.uk
  41. 41. Team?
  42. 42. London = 7 million Within 1 hour = 20 million? Plus, plenty of talent now becoming available!
  43. 43. Customers?
  44. 44. Ready-made access to massive local markets that Silicon Valley can’t match: Finance, legal, creative, advertising, fashion, music, construction, government
  45. 45. Money?
  46. 46. DFJ Esprit, Accel, Atlas, Eden, Index, Intel Capital, Wellington, Balderton, Advent, Atomico, European Founders, Spark, Pentech, Amadeus, SEP, Close, Doughty Hanson, 4ip
  47. 47. What about earlier stage? Seedcamp, TAG, Straub Ventures, London Business Angels
  48. 48. But where are the other British Super Angels?
  49. 49. Do we make the grade? Broadly, yes
  50. 50. But we want prosperity, not survival, right?
  51. 51. Take advantage of your locality
  52. 52. Remember the global market
  53. 53. Sales shouldn’t be a dirty word
  54. 54. Don’t be scared to get involved in Silicon Valley
  55. 55. Relationships Partnerships = WIN Networking
  56. 56. How to survive prosper outside Silicon Valley

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