Digital Winners 2014: Jostein Svendsen, WeVideo

2. Bag/stack of money
Sweden flag 1 000 000 000 $ exit
every 2 years
Norway flag None last 20 years!

7. Norway is not the center of the Universe

11. THINK BIG!

16. Build success with customers and partners first
THEN raise funding from the us

17. Funding Model
Source: VCs At Work , Tarang Shah
Extended Team
Scalability (Sales, Business Model, Product
Core Team
Product/ Idea
Market
Cofounding Team
Stage 0
Formation
Stage 1
Build & Prove
Stage 2
Grow & Scale
Funding Type
How Much?
Typical Valuation
Dilution
Seed
Super Angel
Series A
Series B
Series C
Series D, E, F
$50-500k
$500k-2M
$3-7M
$7-25M
$15M+
$25M+
$1M
$3-5M
$5-10M
$15M+
$50M+
$100M+
25-40%
5-10%
Product-Market Fit

22. 6. Get the best team

23. Source: VCs At Work Tarang Shah
Fire promptly and amicably
Hire unfettered passion
Lift the quality
Cultural fit
&
functional skills
Hire People
you know
Adding value day 1

24. 7. Be bold
(don't be afraid)

25. Show
passion!

26. Show
passion!

27. Work with the
NEW generation
Insert logo FB TWITTERdropbox et google

29. PICTURE OF INNOVATION HOUSE
VS PLUG AND PLAY TECH CENTER

30. 9. DELIGHT your CUSTOMERS

31. THINK BIG
BE BOLD
BE FEARLESS

32. You can beNUMBER ONE IN THE WORLD