2. LAUNCHub Seed Fund
▪ EUR 9MM
▪ EUR 3MM in 35 companies
▪ 6 countries - CEE
▪ > EUR 4MM Follow on Investments
▪ Acceleration and Mentoring Program
3. Who is an Entrepreneur
▪ People ready to change the status-quo
▪ Has unusual ideas for creating/
building a:
▪ New (or changing an old) business
▪ Is willing to take risk
People who see PROBLEMS as OPPORTUNITIES
4. What Feels Like Being an Entrepreneur…
Emotional Trauma
Anxiety Guilt
Physical TraumaSocial Trauma
5. ….. And there is More to That
▪ Financial Stress
▪ Identity Crisis
▪ Deep loses
▪ Do stuff You Hate
6.
7. Entrepreneurship CAN be Trained
“One’s ability to generate innovative ideas is not
merely a function of the mind, but also a function of
behaviors.
If we can change our behaviors, we can improve our
creative impact”
Clayton Christensen
8. Accelerators – The Model
▪Incubator Space
▪Mentoring Program
▪Early Stage Financing
▪Other Entrepreneurs Around
9. Accelerators – Putting Together an Ecosystem
For the Entrepreneur
▪ Creating vibrant ambient to boost entrepreneurship
▪ Learning by doing / failing
▪ Building trust between founders, mentors, advisors
▪ Establishing connections
10. What is it There For the Entrepreneurs in the
Accelerators
▪ Access to Ideas
▪ Access to Mentors
▪ Access to Technologies
▪ Access to Potential Clients/Partners
▪ Access to Likeminded Founders/Employees
▪ Access to Investors
11. Accelerators Give Freedom to….
▪ Grow fast
▪ Fail fast
▪ Pivot to a new idea
…Everything done by learning…
12. DROPBOX – an Accelerated Success
▪ Participated in Y Combinator in 2007
▪ Now valued at over $5 billion