DidImention...
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application...
...Deadlineison
May3rd?www.axelspringerplugandplay.comwww.facebook.com/AxelSpringerPlugAndPlay
@AS_PnP // #ASPnP
STARTING UP SUCCESSFULLY
TWO YEARS OF AXEL SPRINGER PLUG
AND PLAY
PATTERNS, EXPERIENCES AND
LEARNINGS
Joerg Rheinboldt @joerg | St. Gallen | 17/03/2015
WHAT I DID SO FAR?
Joerg Rheinboldt @joerg
2008	
  
founda'on	
  as	
  a	
  
non	
  profit	
  share	
  
based	
  company	
  
Future	
  
Organiza'ons	
  and	
  
ini'a'ves	
  to	
  
foster	
  exchange	
  
Lately	
  
Angel	
  inves'ng	
  
and	
  early	
  stage	
  	
  
1971	
  
Born	
  and	
  raised	
  in	
  
Cologne,	
  Germany	
  
00s	
  
Venture	
  Capital	
  
and	
  growth	
  
90s	
  
Bootstrapping	
  and	
  
cash-­‐flow	
  
Profit	
  
Non-­‐Profit	
  
BuildingBridges
@joerg
PORTFOLIO STRATEGY
INVESTMENTTYPES
•  ProjectA
•  FUNDINVESTMENTS
•  DIRECT(OZY,A+ORPOLITICO)
•  EARLYSTAGE//#Aspnp
FROM EARLY STAGE TO TRADITIONAL MEDIA
 
Note:	
  Revenue,	
  EBITDA	
  and	
  employee	
  numbers	
  present	
  the	
  results	
  of	
  con'nuing	
  opera'ons.	
  
	
   Ac've	
  in	
  44	
  countries	
  
Revenue	
  2014:	
  3.0bn	
  €	
  
EBITDA	
  2014:	
  507m	
  €	
  
About	
  14,000	
  employees	
  
Digital	
  reach:	
  ~100m	
  unique	
  visitors	
  
Listed	
  since	
  1985	
  
Shareholders:	
  family	
  >50%	
  
Founded	
  in	
  1946	
  by	
  Axel	
  Springer	
  
Headquartered	
  in	
  Berlin	
  
	
  
Note:	
  Revenue,	
  EBITDA	
  and	
  employee	
  numbers	
  present	
  the	
  results	
  of	
  con'nuing	
  opera'ons.	
  
#ataglance
#transformation
#transformation
#digitization
#axelspringer
#aspnp
#plugandplay
AXEL SPRINGER PLUG AND PLAY | #ASPnP
Our DNA? European media house meets Silicon Valley accelerator pioneer.
ASPnP PORTFOLIO STRATEGY
HOW WE LEVERAGE AS VALUES INTO OUR INVESTMENT STRATEGY
#ASPnP IN FIGURES
Our core KPI’s applications and follow up investment
§  TURNING 2 IN MAY
§  BASIC DEAL
§  (NETWORK+PROGRAM) * € 25k = 5% SHARE
§  100-DAY-PROGRAMM FOR STARTUPS
§  2-3 TIMES PER YEAR
§  SIX BATCHES SO FAR
§  56 COMPANIES WE INVESTED IN
§  51 ARE STILL IN BUSINESS
§  58% FOLLOW UP INVESTMENT RATE
§  HIGHEST INVESTMENT: US$ 10.6 Number26
PATTERNS OF SUCCESS
WHAT DOES
SUCCESS LOOK
LIKE & HOW DO
WE GET THERE?
20 Years Later
WHAT REALLY HELPS?
Enable founders to seize opportunities
WHAT REALLY HELPS?
Enable founders to seize opportunities
YOU SHOULD
BE HERE
PRODUCTIVE TIME
OPPORTUNITIES	
  IMPULSES
WHAT’S THE DEGREE OF YOUR FREEDOM?
Welcome to the jungle of definitions
VALUES VISION MISSION
STRATEGIC
GOALS
STRATEGY OPERATIONS
CONTROLLING
Pivot
Iterate
Implement & Test
WHAT’S THE DEGREE OF YOUR FREEDOM?
WHAT‘S THE
DEGREE OF
YOUR
FREEDOM?
VERY IMPORTANT:
MOMENTUM
VENTURE FINANCING
How venture financing typically works.
Pre-Seed
Phase
Seed
Phase
Series A
Phase
Pre-Seed Funding
Valuation €500k
Idea + Prototype
Friends, Family, Accelerators
Funding €25k - €125
Founders hold >90% of shares
Seed Round
Valuation €2-2.5 Mio
Beta Launch
Angels, Grants
Funding €350-700k
Founders hold >70%
Series A Round
Valuation €4-15 Mio
Serious Traction or Trajectory
VC
Funding €1-5 Mio
Founders hold >50%
ACCELERATORS
CUSTOMER DEVELOPMENT CYCLE
STAGES OF DEVELOPING YOUR COMPANY
€ €€ €€€
From	
  “Startup	
  Owner’s	
  Manual,	
  ”	
  by	
  Steve	
  Bank	
  and	
  Bob	
  Dorf	
  
ASKFOREXPERTISE
ANDSHARE.
THINGS TO THINK ABOUT
What do you think?
THINGS TO THINK ABOUT
MAKEUPYOURMINDAND
MAKEYOUROWNDECISION
What do you think?
Plans=Hope
TestResults=Data
Shiptotest!(MVP,Pretotyping…)
THINGS TO THINK ABOUT
What do you think?
TheoneMetricthatMatters
10%w/wor10x
THINGS TO THINK ABOUT
What do you think?
Synchronize
Timelines
THINGS TO THINK ABOUT
What do you think?
THINGS TO THINK ABOUT
What do you think?
Hiregoodpeople
„forpeanutsyougetmonkeys“
THINGS TO THINK ABOUT
What do you think?
Financing
Strategy
THINGS TO THINK ABOUT
What do you think?
Traction!
THINGS TO THINK ABOUT
What do you think?
DareSomething!
APPLICATIONS ACCEPTED TILL MAY 3rd
We are always looking for new startups
INTERNATIONAL
PITCH DAY
VIENNA
JUNE 15TH 2015
APPLICATIONS ACCEPTED TILL MAY 3rd
We are always looking for new startups
APPLY
NOW TILL
MAY 3rd
www.axelspringerplugandplay.comwww.facebook.com/AxelSpringerPlugAndPlay
@AS_PnP // #ASPnP
PATTERNS OF SUCCESS
FOR ME SUCCESS
MEANS BEEING
HAPPY BY THE END
OF THE DAY.
20 Years Later
INNOVATION WORKSHOP
ThankYou!
PRAGUE MARCH 27TH
@joerg,joerg.rheinboldt@axelspringer.de

START Summit Axel Springer Plug and Play; April 17th, St. Gallen