This document discusses how to survive and build a successful business outside of Silicon Valley. It outlines that the key factors are community, team, customers, and money. It argues that London has strong communities for entrepreneurs through various meetup groups. It also has a large potential customer base and access to talent. London offers access to venture capital funds and angel investors. While earlier stage funding is still developing, the environment allows for survival and prosperity through taking advantage of the local market while also accessing global opportunities and building relationships in Silicon Valley.

1. HOW TO SURVIVE OUTSIDE
OF SILICON VALLEY
Michael Galpert

2. Silicon Valley

4. Everywhere Else

5. HOW TO SURVIVE OUTSIDE
OF SILICON VALLEY

6. NOT EASY TO START
A BUSINESS

7. PERIOD.

8. EXCLAMATION POINT!

9. Open Source
Real Time Semantic
NanoBlogging
Flux Capacitors

10. Nuclear Winter

11. 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

13. How to Survive
Outside of Silicon Valley
Community
Team
Passion

14. • 1856 Members
• Charlie O’Donnell
www.nextny.org

15. Informational

16. Social

17. Recreational

18. • 2681 members
• 83 Cities
• Saul Klein
opencoffee.ning.com

19. • 6 Continents
• 55 Cities
• Piers Fawkes & Noah Brier
• Next one is next friday - 10/17
www.likemind.us

20. • Scott Heiferman
www.meetup.com

21. • Amit Gupta & Luke Crawford
www.workatjelly.com

22. How to Survive
Outside of Silicon Valley
Community
Team
Passion

23. Talent

24. Competition

25. Global Team

26. How to Survive
Outside of Silicon Valley
Community
Team
Passion

29. VC

30. Michael Galpert @msg www.michaelgalpert.com
Thank You FOWA LONDON 2008

31. 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/

32. 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/

33. Andy McLoughlin
andy@huddle.net
@bandrew

34. Not everything cool
comes out of Silicon Valley

35. <eyy> </eyy>

36. How to survive
outside Silicon Valley

37. Silicon Roundabout circa 2008?

38. Is it bollocks.

39. How to survive prosper
outside Silicon Valley

40. 1) Community
2) Team
3) Customers
4) Money

41. So, does London
make the grade?

42. Community?

43. 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

44. • Dreamt up at Le Web 07
• First event March 2008
• Attracts 120+ founders and
investors every month
• RSVP @ www.drinktank.co.uk

45. Team?

46. London = 7 million
Within 1 hour = 20 million?
Plus, plenty of talent now
becoming available!

47. Customers?

48. Ready-made access to
massive local markets that
Silicon Valley can’t match:
Finance, legal, creative,
advertising, fashion, music,
construction, government

49. Money?

50. DFJ Esprit, Accel, Atlas,
Eden, Index, Intel Capital,
Wellington, Balderton,
Advent, Atomico, European
Founders, Spark, Pentech,
Amadeus, SEP, Close,
Doughty Hanson, 4ip

51. What about earlier stage?
Seedcamp, TAG, Straub Ventures,
London Business Angels

52. But where are the other
British Super Angels?

53. Do we make the grade?
Broadly, yes

54. But we want prosperity, not
survival, right?

55. Take advantage
of your locality

56. Remember the
global market

57. Sales shouldn’t
be a dirty word

58. Don’t be scared to
get involved
in Silicon Valley

59. Relationships
Partnerships = WIN
Networking

60. How to survive prosper
outside Silicon Valley