1. The internet market is saturated so entrepreneurs need to leverage social tools, focus on niche markets, and generate business-to-business deals and consulting revenues. 2. Social media is cannibalizing traditional media attention and revenues, so startups should focus on engaging social media consumers. 3. Entrepreneurs should review their goals and ensure their company is adapted to the current situation, using client funds to improve products, motivate teams, and execute strategies rapidly with less resources than traditional companies.

1. Being a web 2.0 entrepreneur « IN EUROPE » TARIQ KRIM WEB 2.0 EXPO BERLIN 2008

2. Thank you for inviting me

3. Netvibes (85M users)

4. 1000 media and brands partners in the world

5. Today we will talk about

6. Being a web entrepreneur in Europe

7. I would like to share what i have learned in the last 3 years doing netvibes

8. 3 things

9. 1. Internet is a saturated market Learn how to deal with it Leave Old tricks to old media (seo, marketing, distribution deals) and leverage social tools Advertising ? Niche niche niche it’s easier to master during bad times

10. 2 social attention is cannibalizing media attention (revenues) Faster execution on social nedia Take the social media consumers Opportunities for startups to generate b2b deals and consulting revenues

11. 3 as an entrepreneur Review your goals as if you were starting your company now : are you adapted to the (sthity) situation ? if you do b2b deals, make sure to use your clients cash to improve your product, motivate your team and execute faster on your strategy : your team and your product is you main asset If you have vc, now is the best time to find out if it’s a good one.

12. Don’t forget A startup is about Passion Determination Performance Faster execution Rapid changes With less cash and less people than traditional companies

13. Thanks, <tariq@krim.com> http://tariqkrim.com