Saul Klein, MIT Sloan School, 2007

1. Travels around the Internet
Saul Klein
MIT Sloan School

2. Financial map of the last 14 years….
1993-2007

3. Trying to push old media uphill....
1993-1994

4. Riding the first Internet mini wave….
1995-1997

5. Watching the ascent from Redmond….
1997-1999

6. Experiencing the bubble bursting…
2000-2002

7. Going back to basics in Europe….
2002-2004

8. The web reaches an inflection point….
2004-2006

9. Doubling down on the Internet….
2003-today

10. Web is huge and no longer
American….

11. Broadband is widely adopted….

12. It’s also not just English speaking….

13. Online advertising has tipped…

14. Young technical talent is global …

15. It’s been a very eclectic experience….
Publishing
Entertainment
Marketing
Technology
Retail

16. Trying lots of different approaches….
Publishing
Entertainment
Marketing
Technology
Retail
Subscription
Freemium
Advertising
E-commerce
Non-profit

17. Operating at very different stages….
Publishing
Entertainment
Marketing
Technology
Retail
Subscription
Freemium
Advertising
E-commerce
Non-profit
Seed
Early-Stage
Fortune 500

18. Playing lots of different roles….
Publishing
Entertainment
Marketing
Technology
Retail
Subscription
Freemium
Advertising
E-commerce
Non-profit
Seed
Early-Stage
Fortune 500
Founder
Board Member
CEO
General Management
Marketing
Investor

19. Thinking about starting the business…
Opportunity
Others
Ownership

20. How big is the opportunity….

21. Who are the others….

22. What level of ownership is available….

23. Thinking about starting the business…
Opportunity
Others
Ownership
Customers
Conversations
Convenience
Costs
Competition

24. Maniacal focus on the customer….

25. Encourage customer conversations….

26. Offer new levels of convenience….

27. Leverage and manage cost structure…

28. Let the competition worry about itself…

29. Seeding first-time entrepreneurs….

30. is now in 60+ cities….

31. Go out there, think big, take some risks…

32. It’s ok to fail…learn from your mistakes

33. Pick yourself up and try again…

34. Thanks…
saul@klein.name
http://localglo.be
http://www.seedcamp.com
http://www.opencoffeeclub.org