Practical tips for entrepreneurs, early and growth stage startups considering moving to London.
Includes some data points comparing entrepreneurs, salaries and VC between Silicon Valley, Berlin and London.
What you can learn in a startup as an employee, what you should consider as you make the transition, and which resources can help as you join the startup universe.
By Mathias Pastor (https://twitter.com/pastormhm), Director at The Family
Roch Delsalle, CTO at Proprioo (https://www.proprioo.fr/)
Jade Francine, Cofounder & COO at WeMaintain (https://wemaintain.com/)
Marc Lebel, CEO at LouerAgile (https://www.loueragile.fr/)
Real estate is everywhere. It’s part of our daily lives, of who we are and how we live, move, work - a pretty broad category. And it’s the kind of sector that can easily be termed “slow.” Slow in adapting to new technology, slow in responsiveness to customers…. Some people think having a spreadsheet is already a win
The document describes the Siemens Intrapreneurs Bootcamp, which aims to empower employees to connect their passion and genius to drive breakthrough innovation for Siemens in an agile, customer-centric way. The bootcamp takes place over 7 weeks and 3 modules, allowing participants to commit to challenges, create and validate ideas through prototyping, and catalyze promising concepts by pitching them for resources. It provides inspiration, leadership, startup tools and a supportive network to guide ideas from discovery to implementation. The goal is to make real innovations that matter to employees, Siemens and customers.
Slides from my talk to MBA students from Central European University (CEU, Hungary) about how we spur and support startups and entrepreneurship across NYU.
This document provides an overview of Tony Parisi's experience and services as a consultant CTO for startups. It discusses goals for startups, strategies for product development, funding options, building an effective team, and technical considerations. Key recommendations include focusing on a clear goal and strategy, developing a minimum viable product to get early user feedback, adopting agile processes, and designing for scalability from the start.
The Lean Corporate - Innovation SandboxTimo Mulder
The document discusses the Lean Corporate Innovation Sandbox model for fostering innovation within corporations. The sandbox aims to combine the speed and flexibility of startups with the domain expertise and resources of large corporations. It establishes cross-functional teams focused on customer development and agile experimentation. The sandbox is supported by domain experts, legal/sales resources, and a lean/agile coach. It uses an investment thesis and staged funding model to support projects through ideation, exploration, validation, and scaling stages. The end goals are to either spin innovations back into the parent corporation or external startups, or to discontinue ideas that do not prove viable.
This is a presentation I gave at Barcamp Bangkok 3 @ Sripatum University to help young startups understand some basic issues and strategies to consider and prepare for in venturing out with their own businesses. My finance manager & I are working to put together an organization to help new entrepreneurs in Thailand & South East Asia get off to a good start. Can contact me at http://proteus-tech.com or via twitter as @proteusguy for any follow ups.
The two-day Corporate Startup Summit & Award in Zurich will feature panels, workshops, and presentations on topics related to corporate innovation and startup partnerships. On day one, keynote speaker Professor Solomon Darwin will discuss expanding markets through open innovation. There will also be panels on venture capital partnerships and intrapreneurship. The evening will include the Corporate Startup Award ceremony and an afterparty. Day two will continue with panels on identifying startup opportunities, open innovation, and investing in opportunities. Workshops will focus on topics like business model scalability, creativity techniques, and developing corporate venture ideas. The summit aims to provide insights and networking for establishing innovative corporate-startup collaborations.
What you can learn in a startup as an employee, what you should consider as you make the transition, and which resources can help as you join the startup universe.
By Mathias Pastor (https://twitter.com/pastormhm), Director at The Family
Roch Delsalle, CTO at Proprioo (https://www.proprioo.fr/)
Jade Francine, Cofounder & COO at WeMaintain (https://wemaintain.com/)
Marc Lebel, CEO at LouerAgile (https://www.loueragile.fr/)
Real estate is everywhere. It’s part of our daily lives, of who we are and how we live, move, work - a pretty broad category. And it’s the kind of sector that can easily be termed “slow.” Slow in adapting to new technology, slow in responsiveness to customers…. Some people think having a spreadsheet is already a win
The document describes the Siemens Intrapreneurs Bootcamp, which aims to empower employees to connect their passion and genius to drive breakthrough innovation for Siemens in an agile, customer-centric way. The bootcamp takes place over 7 weeks and 3 modules, allowing participants to commit to challenges, create and validate ideas through prototyping, and catalyze promising concepts by pitching them for resources. It provides inspiration, leadership, startup tools and a supportive network to guide ideas from discovery to implementation. The goal is to make real innovations that matter to employees, Siemens and customers.
Slides from my talk to MBA students from Central European University (CEU, Hungary) about how we spur and support startups and entrepreneurship across NYU.
This document provides an overview of Tony Parisi's experience and services as a consultant CTO for startups. It discusses goals for startups, strategies for product development, funding options, building an effective team, and technical considerations. Key recommendations include focusing on a clear goal and strategy, developing a minimum viable product to get early user feedback, adopting agile processes, and designing for scalability from the start.
The Lean Corporate - Innovation SandboxTimo Mulder
The document discusses the Lean Corporate Innovation Sandbox model for fostering innovation within corporations. The sandbox aims to combine the speed and flexibility of startups with the domain expertise and resources of large corporations. It establishes cross-functional teams focused on customer development and agile experimentation. The sandbox is supported by domain experts, legal/sales resources, and a lean/agile coach. It uses an investment thesis and staged funding model to support projects through ideation, exploration, validation, and scaling stages. The end goals are to either spin innovations back into the parent corporation or external startups, or to discontinue ideas that do not prove viable.
This is a presentation I gave at Barcamp Bangkok 3 @ Sripatum University to help young startups understand some basic issues and strategies to consider and prepare for in venturing out with their own businesses. My finance manager & I are working to put together an organization to help new entrepreneurs in Thailand & South East Asia get off to a good start. Can contact me at http://proteus-tech.com or via twitter as @proteusguy for any follow ups.
The two-day Corporate Startup Summit & Award in Zurich will feature panels, workshops, and presentations on topics related to corporate innovation and startup partnerships. On day one, keynote speaker Professor Solomon Darwin will discuss expanding markets through open innovation. There will also be panels on venture capital partnerships and intrapreneurship. The evening will include the Corporate Startup Award ceremony and an afterparty. Day two will continue with panels on identifying startup opportunities, open innovation, and investing in opportunities. Workshops will focus on topics like business model scalability, creativity techniques, and developing corporate venture ideas. The summit aims to provide insights and networking for establishing innovative corporate-startup collaborations.
Ireland has a lot of unfair advantages. As the only English speaking country in the European union (post-Brexit), widely considered one of the best countries for business in the world, its no surprise that world leading technology companies like Apple, Google, Microsoft and Amazon have tens of thousands of employees in Ireland.
In our 4th instalment of Startups and Venture Capital in … (Germany, The Nordics, & the UK) we take on the emerald isle. With Irish born world beating enterprise startups such as Intercom ($115m in funds raised), Fleetmatics (acquired for $2.4b) and Cartrawler (acquired for $500m) it is no longer a question of if great tech co’s are born in Ireland — but rather how big and fast can they grow.
It may surprise you to learn:
Ireland has engineering talent that rivals major European tech hubs, with 55k engineers in Dublin vs 61k in Stockholm or 81k in Berlin. Paypal, LinkedIn & AirBnB are just a few companies that count more employees in Dublin than in London.
US companies setting up offices in Europe are landing in Ireland earlier than ever before. Companies like Asana and Wrike are two recent examples of Series B-C startups setting up shop in Dublin.
A small domestic market means Irish tech co’s are largely selling into markets in the US or elsewhere. Companies like Intercom, Fenergo and Swrve count the USA as their largest market.
Trinity and University College Dublin (UCD) are among the highest ranking universities for venture capital backed entrepreneurs in Europe!
Frontline Ventures is a B2B Seed VC.
This document discusses startup ecosystems in different locations around the world. It provides statistics on the number of startups and key industries in London, Israel, and China. It also compares startup funding in 2013 between top European ecosystems like Tel Aviv, the UK, Germany, and France. The conclusion is that startup ecosystems vary widely in maturity and there are important factors for success like government support and culture, though developing new ecosystems takes time.
Open innovation is slowly taking over trends and best practices in execution. Corporates are innovating how they approach innovation through flexible innovation outposts, education like tech tours, outsourcing accelerators, focusing co-development on business units, and outsourcing scouting. They also invest less in corporate venture capital firms and more in off-balance startups, shifting acquisitions from US to EU startups. The UK leads Europe in scouting, while Nordic countries also attract interest. Structure is moving from internal R&D to more open innovation units.
Although decision making has become increasingly decentralised, selecting the right location for a European headquarters is a critical step on the journey to becoming a global business.
Even if you are currently working with a distributed team and have no plans to invest in a physical office right away, you still need to think about where your customers are, where the talent you need is concentrated, and where you can best access markets and opportunities for long term growth.
The document summarizes a study that ranked over 200 seed accelerators and incubators in the US and Europe based on metrics like the percentage of portfolio companies receiving qualified financing, exits, venture capital perception, stipend values, and equity stakes. The top programs in the US were found to be TechStars Boulder, Y Combinator, and Excelerate Labs based on these metrics. In Europe, SeedCamp was found to be the top program, while StartupBootcamp followed the Techstars model. The study aimed to provide entrepreneurs guidance on accelerator selection and understand the scalability and profitability of the accelerator model.
Fintech International Tech Tour Summit in Paris - May 2016Baruk Pilo
The Fintech Summit, an initiative of the Tech Tour and the International Venture Club, will take place in Paris May 3-4, 2016 and will focus on showcasing the best investment opportunities within the fintech industry in Europe.
Global Investments in Fintech tripled to $12.21 billion in 2014 from $4.05bn in 2013 (Source: Accenture) and fintech is one of the fastest growing sectors in the European Market. The agenda will include 20 innovative company presentations by CEOs, discussion panels, keynotes and top level networking including the Networking Dinner. 120+ guests will be present at the dinner, representing the "Who's Who" of the Fintech and Venture Capital market who are invited to join our Tech Tour delegates, including top executives from blue chip technology companies, international venture capitalists, investment bankers, specialized press, regional accelerators and advisers coming from all around the world.
The programme and pitches will revolve around the following themes:
Payment & Billing Tech
Personal Finance
Insurance Tech
Lending
Money Transfer
Digital Currency
Tools
Paris Internatioanl Fintech Summit in May 2016Baruk Pilo
The Fintech Summit, an initiative of the Tech Tour and the International Venture Club, will take place in Paris May 3-4, 2016 and will focus on showcasing the best investment opportunities within the fintech industry in Europe.
Global Investments in Fintech tripled to $12.21 billion in 2014 from $4.05bn in 2013 (Source: Accenture) and fintech is one of the fastest growing sectors in the European Market. The agenda will include 20 innovative company presentations by CEOs, discussion panels, keynotes and top level networking including the Networking Dinner. 120+ guests will be present at the dinner, representing the "Who's Who" of the Fintech and Venture Capital market who are invited to join our Tech Tour delegates, including top executives from blue chip technology companies, international venture capitalists, investment bankers, specialized press, regional accelerators and advisers coming from all around the world.
The programme and pitches will revolve around the following themes:
Payment & Billing Tech
Personal Finance
Insurance Tech
Lending
Money Transfer
Digital Currency
Tools
Fintech - Investing Platforms: Company Presentation by Andrew Kaye, President & CIO of OurCrowd at the NOAH Conference 2018 in London, Old Billingsgate 30-31 October 2018.
Startup galore how VCs think in a unicorn world - T-Venture Thomas GrotaThomas Grota
Speaking at pirates on shore event in Riga (Latvia) to young founders and entrepreneurs about the changing world of venture capitalists regarding unicorns, high valuation, IPO metrics and how to be motivated to start own company by Thomas Grota T-Ventures Deutsche Telekom Group
The defining asset of every leading technology company is talent. At Balderton, our job is to provide capital to support European technology companies to attract and retain world leading talent and get the best out of them. As a result, we’re fortunate to have learnt a lot about what it takes to identify, attract and retain people from the teams we work with.
In this report, we’ve set out to identify where people working in European technology companies come from, what experience they have, and what they expect in their roles. We did this by profiling almost 15,000 employees in over 1,000 venture-backed companies in Europe, and by working closely with a select group of recently backed start-ups.
FTS-FinTechSummit-2016-vshort0501 ver 11JanBaruk Pilo
The document summarizes an upcoming fintech summit in Paris. It will bring together Europe's leading fintech investors, entrepreneurs, and financial services executives. In 2014, over $12 billion was invested in fintech startups globally, though most went to companies in the US, UK, and a few other large markets. The summit aims to highlight promising fintech growth companies and opportunities in other parts of Europe. It will include presentations from 20 selected fintech firms, panels on industry trends, and networking activities to facilitate partnerships between entrepreneurs and investors.
London for startups - Francisco Van ZellerStartup Braga
This document provides information for startups on why London is a good location. It discusses that London has (1) size, with many investors in Europe, and over 25 incubators/accelerators. It also notes the Small Enterprise Investment scheme provides tax benefits. When approaching investors, VCs look for strong teams with empathy, energy, and proven products that scale. The document recommends joining accelerators for resources and proving traction before pitching London VCs. Risks include cautious investors in 2016, high housing costs, and expensive customer acquisition hurting finances. Resources for London startups are provided.
What happened in Tech M&A during the first quarter of 2019? How has the rapid market recovery impacted valuations? Are private equity deals still soaring? Who are the new buyers making waves? Listen in as Corum Group gives the most in-depth look available at Q1 of 2019 for mergers and across all six technology sectors and 30 subsectors. Plus, we’ll get a special report on succession planning for tech company owners and executives, and a report from a special series of M&A conferences across Europe.
Accel Cloud Europe 2017: The factory is CrankingPhilippe Botteri
This document summarizes key trends in the European cloud/SaaS market based on data from Accel and other sources:
- SaaS continues strong global growth with $2.5 billion invested in cloud companies from 2000-2017 and the SaaS market growing 350% since 2011.
- The European SaaS factory is producing over 1,000 companies with three times as many started in 2014-2016 compared to 2008-2010 and 1.8x more funding.
- However, a funding gap with the US remains, with average total funding and revenue run rates lower in Europe for similar stage companies.
- Marketing/content management dominates among the top European SaaS companies identified by
B2B & Software - Fireside Chat with Yoram Wijngaarde, Founder & CEO of Dealroom.co at the Axel Springer NOAH Conference 2018 in Berlin, Tempodrom 6-7 June 2018.
Metavallon is a €32M venture capital firm that specializes in early stage funding for technology companies operating at the forefront of innovation. They offer startups quasi-equity funding of €200,000-€400,000 as well as follow-on investments, mentoring, networking opportunities, and other resources to help startups grow. Metavallon selects companies through a multi-stage application and interview process focused on technology, market potential, and founding team.
- There has been significant disruption in the venture capital industry due to changes like the rise of internet users, faster internet speeds, increased mobility, and social connectivity.
- The venture capital model has changed from relying primarily on board interactions and "VC knows best" to providing more operational support, thought leadership, peer learning platforms, and industry insights for portfolio companies.
- Leading venture capital firms are differentiating themselves by investing in extensive operational support services, transparency through blogging, peer-to-peer learning opportunities, and leveraging their domain expertise and relationships within specific industries.
Ireland has a lot of unfair advantages. As the only English speaking country in the European union (post-Brexit), widely considered one of the best countries for business in the world, its no surprise that world leading technology companies like Apple, Google, Microsoft and Amazon have tens of thousands of employees in Ireland.
In our 4th instalment of Startups and Venture Capital in … (Germany, The Nordics, & the UK) we take on the emerald isle. With Irish born world beating enterprise startups such as Intercom ($115m in funds raised), Fleetmatics (acquired for $2.4b) and Cartrawler (acquired for $500m) it is no longer a question of if great tech co’s are born in Ireland — but rather how big and fast can they grow.
It may surprise you to learn:
Ireland has engineering talent that rivals major European tech hubs, with 55k engineers in Dublin vs 61k in Stockholm or 81k in Berlin. Paypal, LinkedIn & AirBnB are just a few companies that count more employees in Dublin than in London.
US companies setting up offices in Europe are landing in Ireland earlier than ever before. Companies like Asana and Wrike are two recent examples of Series B-C startups setting up shop in Dublin.
A small domestic market means Irish tech co’s are largely selling into markets in the US or elsewhere. Companies like Intercom, Fenergo and Swrve count the USA as their largest market.
Trinity and University College Dublin (UCD) are among the highest ranking universities for venture capital backed entrepreneurs in Europe!
Frontline Ventures is a B2B Seed VC.
This document discusses startup ecosystems in different locations around the world. It provides statistics on the number of startups and key industries in London, Israel, and China. It also compares startup funding in 2013 between top European ecosystems like Tel Aviv, the UK, Germany, and France. The conclusion is that startup ecosystems vary widely in maturity and there are important factors for success like government support and culture, though developing new ecosystems takes time.
Open innovation is slowly taking over trends and best practices in execution. Corporates are innovating how they approach innovation through flexible innovation outposts, education like tech tours, outsourcing accelerators, focusing co-development on business units, and outsourcing scouting. They also invest less in corporate venture capital firms and more in off-balance startups, shifting acquisitions from US to EU startups. The UK leads Europe in scouting, while Nordic countries also attract interest. Structure is moving from internal R&D to more open innovation units.
Although decision making has become increasingly decentralised, selecting the right location for a European headquarters is a critical step on the journey to becoming a global business.
Even if you are currently working with a distributed team and have no plans to invest in a physical office right away, you still need to think about where your customers are, where the talent you need is concentrated, and where you can best access markets and opportunities for long term growth.
The document summarizes a study that ranked over 200 seed accelerators and incubators in the US and Europe based on metrics like the percentage of portfolio companies receiving qualified financing, exits, venture capital perception, stipend values, and equity stakes. The top programs in the US were found to be TechStars Boulder, Y Combinator, and Excelerate Labs based on these metrics. In Europe, SeedCamp was found to be the top program, while StartupBootcamp followed the Techstars model. The study aimed to provide entrepreneurs guidance on accelerator selection and understand the scalability and profitability of the accelerator model.
Fintech International Tech Tour Summit in Paris - May 2016Baruk Pilo
The Fintech Summit, an initiative of the Tech Tour and the International Venture Club, will take place in Paris May 3-4, 2016 and will focus on showcasing the best investment opportunities within the fintech industry in Europe.
Global Investments in Fintech tripled to $12.21 billion in 2014 from $4.05bn in 2013 (Source: Accenture) and fintech is one of the fastest growing sectors in the European Market. The agenda will include 20 innovative company presentations by CEOs, discussion panels, keynotes and top level networking including the Networking Dinner. 120+ guests will be present at the dinner, representing the "Who's Who" of the Fintech and Venture Capital market who are invited to join our Tech Tour delegates, including top executives from blue chip technology companies, international venture capitalists, investment bankers, specialized press, regional accelerators and advisers coming from all around the world.
The programme and pitches will revolve around the following themes:
Payment & Billing Tech
Personal Finance
Insurance Tech
Lending
Money Transfer
Digital Currency
Tools
Paris Internatioanl Fintech Summit in May 2016Baruk Pilo
The Fintech Summit, an initiative of the Tech Tour and the International Venture Club, will take place in Paris May 3-4, 2016 and will focus on showcasing the best investment opportunities within the fintech industry in Europe.
Global Investments in Fintech tripled to $12.21 billion in 2014 from $4.05bn in 2013 (Source: Accenture) and fintech is one of the fastest growing sectors in the European Market. The agenda will include 20 innovative company presentations by CEOs, discussion panels, keynotes and top level networking including the Networking Dinner. 120+ guests will be present at the dinner, representing the "Who's Who" of the Fintech and Venture Capital market who are invited to join our Tech Tour delegates, including top executives from blue chip technology companies, international venture capitalists, investment bankers, specialized press, regional accelerators and advisers coming from all around the world.
The programme and pitches will revolve around the following themes:
Payment & Billing Tech
Personal Finance
Insurance Tech
Lending
Money Transfer
Digital Currency
Tools
Fintech - Investing Platforms: Company Presentation by Andrew Kaye, President & CIO of OurCrowd at the NOAH Conference 2018 in London, Old Billingsgate 30-31 October 2018.
Startup galore how VCs think in a unicorn world - T-Venture Thomas GrotaThomas Grota
Speaking at pirates on shore event in Riga (Latvia) to young founders and entrepreneurs about the changing world of venture capitalists regarding unicorns, high valuation, IPO metrics and how to be motivated to start own company by Thomas Grota T-Ventures Deutsche Telekom Group
The defining asset of every leading technology company is talent. At Balderton, our job is to provide capital to support European technology companies to attract and retain world leading talent and get the best out of them. As a result, we’re fortunate to have learnt a lot about what it takes to identify, attract and retain people from the teams we work with.
In this report, we’ve set out to identify where people working in European technology companies come from, what experience they have, and what they expect in their roles. We did this by profiling almost 15,000 employees in over 1,000 venture-backed companies in Europe, and by working closely with a select group of recently backed start-ups.
FTS-FinTechSummit-2016-vshort0501 ver 11JanBaruk Pilo
The document summarizes an upcoming fintech summit in Paris. It will bring together Europe's leading fintech investors, entrepreneurs, and financial services executives. In 2014, over $12 billion was invested in fintech startups globally, though most went to companies in the US, UK, and a few other large markets. The summit aims to highlight promising fintech growth companies and opportunities in other parts of Europe. It will include presentations from 20 selected fintech firms, panels on industry trends, and networking activities to facilitate partnerships between entrepreneurs and investors.
London for startups - Francisco Van ZellerStartup Braga
This document provides information for startups on why London is a good location. It discusses that London has (1) size, with many investors in Europe, and over 25 incubators/accelerators. It also notes the Small Enterprise Investment scheme provides tax benefits. When approaching investors, VCs look for strong teams with empathy, energy, and proven products that scale. The document recommends joining accelerators for resources and proving traction before pitching London VCs. Risks include cautious investors in 2016, high housing costs, and expensive customer acquisition hurting finances. Resources for London startups are provided.
What happened in Tech M&A during the first quarter of 2019? How has the rapid market recovery impacted valuations? Are private equity deals still soaring? Who are the new buyers making waves? Listen in as Corum Group gives the most in-depth look available at Q1 of 2019 for mergers and across all six technology sectors and 30 subsectors. Plus, we’ll get a special report on succession planning for tech company owners and executives, and a report from a special series of M&A conferences across Europe.
Accel Cloud Europe 2017: The factory is CrankingPhilippe Botteri
This document summarizes key trends in the European cloud/SaaS market based on data from Accel and other sources:
- SaaS continues strong global growth with $2.5 billion invested in cloud companies from 2000-2017 and the SaaS market growing 350% since 2011.
- The European SaaS factory is producing over 1,000 companies with three times as many started in 2014-2016 compared to 2008-2010 and 1.8x more funding.
- However, a funding gap with the US remains, with average total funding and revenue run rates lower in Europe for similar stage companies.
- Marketing/content management dominates among the top European SaaS companies identified by
B2B & Software - Fireside Chat with Yoram Wijngaarde, Founder & CEO of Dealroom.co at the Axel Springer NOAH Conference 2018 in Berlin, Tempodrom 6-7 June 2018.
Metavallon is a €32M venture capital firm that specializes in early stage funding for technology companies operating at the forefront of innovation. They offer startups quasi-equity funding of €200,000-€400,000 as well as follow-on investments, mentoring, networking opportunities, and other resources to help startups grow. Metavallon selects companies through a multi-stage application and interview process focused on technology, market potential, and founding team.
- There has been significant disruption in the venture capital industry due to changes like the rise of internet users, faster internet speeds, increased mobility, and social connectivity.
- The venture capital model has changed from relying primarily on board interactions and "VC knows best" to providing more operational support, thought leadership, peer learning platforms, and industry insights for portfolio companies.
- Leading venture capital firms are differentiating themselves by investing in extensive operational support services, transparency through blogging, peer-to-peer learning opportunities, and leveraging their domain expertise and relationships within specific industries.
Nicolas berg early stage trends redalpine_eth entrepreneur club_oct2013
"Road to the UK" presentation - Berlin, October 2014
1. Road to the UK
Different Ecosystems and Investment Scenes?
Stephan von Perger – @vonperger – vonPerger@wellington-partners.com
2. Road to the UK
Different Ecosystems and Investment Scenes?
introducing Wellington Partners
non obvious facts: SFO <> London <> Berlin
practical tips for entrepreneurs
5. Road to the UK
Different Ecosystems and Investment Scenes?
introducing Wellington Partners
non obvious facts: SFO <> London <> Berlin
practical tips for entrepreneurs
7. Entrepreneurs in Berlin and London are very similar to their
peers in Silicon Valley
Silicon
Valley Berlin London
Age
34.12
31.86
35.98
Gender (F/ M)
10% / 90%
3% / 97%
9% / 91%
Education (dropout vs. master + PhD)
1 : 2.5
1 : 6
1 : 3
Serial Entrepreneur
56%
40%
42%
Non-technical founding teams
16%
17%
15%
Working hours per day
9.95
9.18
9.78
Percentage of founders who lived in Silicon Valley
100%
7%
25%
Motivation (product vs. impact)
1 : 1
1.6 : 1
1.3 : 1
Customer (B2B vs. B2C)
2 : 1
1.5 : 1
1.8 : 1
Market (new vs. niche)
4 : 1
1.8 : 1
3 : 1
Source: StartupGenome 2012
8. There is a lot of venture capital in Berlin & London…
9. There is a significantly lower number of experienced Venture
Funds in Europe vs the United States
VC funds by number of funds raised as of 2011#
#
334
202
132
USA
Western Europe
94
73
5865
28
8
4
400
350
300
250
200
150
100
50
0
>=2
>=3
>=4
>=5
>=6
Source: DowJones VentureSource
11. Software developers are paid similarly in London & Berlin but
well below the United States
Median annual salary for software engineers #
USD
Source: Glassdoor
90
63 63
100
80
60
40
20
0
San Francisco
Berlin
London
13. Median M&A valuations in Europe have improved and
overtaken those in the United States in 2013
Median M&A valuation#
USD m
37.8
USA
Europe
60.0
60.0
57.5
23.0
40.5
26.7
63.8
70
60
50
40
30
20
10
0
2010
2011
2012
2013
Source: DowJones VentureSource, 2014
14. Road to the UK
Different Ecosystems and Investment Scenes?
introducing Wellington Partners
non obvious facts: SFO <> London <> Berlin
practical tips for entrepreneurs
15. What to consider when planning the move to London
§ Location
‒ Area / Type of office
‒ East London / Kings Cross / Clerkenwell / Soho / Notting Hill /
Southbank / Canary Wharf
‒ Co-working spaces / sublets / end-of-lease
‒ campuslondon.com, techhub.com, thebakerylondon.com,
centralworking.com, innovationwarehouse.org, spaciousapp.com
‒ White Bear Yard (Passion Capital), Warner Yard (Playfair Capital &
Techstars), Rainmaking Loft (EC1 Capital, StartupBootcamp)
16. What to consider when planning the move to London
§ Team
‒ Hiring / Contracts / ESOP / Events
‒ SiliconMilkroundabout.com
‒ workinstartups.com, movemeon.com, escapethecity.org,
stackoverflow.com
‒ EMI (ESOP) www.taylorwessing.com/twtechfocus/options3.php
‒ startupdigest.com, 3-beards.com
17. What to consider when planning the move to London
§ Fundraising
‒ Tax relief / Investors / Accelerators
‒ SEIS / EIS www.crowdcube.com/pg/eis-seis-tax-relief-overview-43
‒ Accel Partners, Atomico Ventures, Balderton Capital, Connect
Ventures, Dawn Capital, DN Capital, DFJ Esprit, EC1 Capital,
Episode1, Forward Partners, Google Ventures, Hoxton Ventures,
Index Ventures, MMC Ventures, Notion Capital, Octopus Ventures,
Passion Capital, Piton Capital, PlayFair Capital, ProFounders
Capital, Wellington Partners, White Star Capital
‒ Microsoft Accelerator, Seedcamp, StartupBootcamp, Techstars,
Wayra
18. General tips when
reaching out to VCs
§ Team
‒ get reference from someone in
our portfolio
‒ put team competencies into
pitch deck to show you are
structured problem solvers
§ Product & market
‒ describe product in simple terms
early on in presentation
‒ be realistic when estimating
future revenues
§ Traction
‒ explain how you got the first
users/clients
‒ show improvement on metrics
over time