The document discusses Bardowl, a startup that raised £70,000 from a single angel investor to develop an audiobook platform. It notes the challenges of raising funding, including dealing with various accelerators, incubators, seed funds, and venture capital firms. It also emphasizes the importance of having content from other partners, utilizing available help from other startups and organizations, and sharing details about your idea with as many people as possible to raise awareness.

1. Audiobooks
Reinvented
Bardowl
Funding
-­
So
Far
So
Good
Chris
Book
BEN
Tech
Startup
School
Thursday
20th
October
2011
Bath
Innovation
Centre
Confidential ©2011 Bardowl Limited

2. Who
is
this
bloke?
@bookmeister
http://p0wer0f1.com

5. We
raised
£70,000
from
a
single
Angel

6. In
the
Equity
Gap
Initially
trying
to
raise
£200,000
-­
Angel
-­
Super
Angel
-­
Accellerators
-­
Incubators
-­
Seed
Funds
-­
Various
“Advisors”
-­
Venture
Capital
Funds

7. Sources
of
Government
Money
SWRDA
Deserved
to
Die
Recent
IC
Tomorrow
experience

8. 5
things
1.
Content
business
2.
Luggage
3.
Help
4.
Team
5.
Keep
Talking

9. 1.
We
need
content
from
others

10. 2.
Don’t
leave
your
luggage
at
the
VC.

11. 3.
There
is
loads
of
help
out
there
-­
Other
start
ups
-­
Innovation
Centre
-­
BEN
-­
SETSquared
-­
Financial
Advisors
-­
Random
people
-­
Audiobooks
;)

12. 3
and
a
bit.
Business
plans
are
all
lies
“You
and
I
both
know
that
you
don’t
know
when
your
product
will
ship,
who
will
buy
it
and
how
much
they
will
pay,
but
you
can’t
state
that
in
the
business
plan.
So
write
it
as
if
you
know
exactly
what
the
future
holds…”
Guy
Kawasaki.
The
Art
of
the
Start.
2004.
PORTFOLIO.

13. 4.Team
Neil
Chapman
CTO,
Co-­‐founder
Orange,
Aepona,
BSkyB
Rob
Shreeve Mark
McCallum
Non-­‐Executive
Director Random
House,
Pearson,
One
Alfred
Place,
Bertelsmann,
Publishing
Virgin
Publishing,
EU
Smart
consultant
David
Sykes Laura
Kalbag
Non-­‐Executive
Director Design
and
User
Experience
Operations
and
Finance Freelance
Designer
Business
Mentor,
Fundraising

14. 5.
Tell
everyone
about
your
idea
in
as
much
detail
as
they
allow
you

16. Raising
money
takes
more
than
twice
as
long
as
you
think
it
will
&
then
add
some.

17. Ups
and
Downs
-­
plans
change
often
-­
take
whatever
you
can
get
-­
its
not
all
good
fun
-­
The
3
D’s

18. Audiobooks
Reinvented
Thank
You