Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

Closing the startup ecosystem gap

242 views

Published on

This talk was delivered at In5, Dubai's premier startup hub.

Topics include,
1. How to tap into an emerging startup ecosystem
2. Fundraising landscape and lessons from failed startups
3. Closing the gap across global startup ecosystems

Published in: Technology
  • Be the first to comment

  • Be the first to like this

Closing the startup ecosystem gap

  1. 1. Closing the startup ecosystem gap Sonal Mane @sonalpmane
  2. 2. Background  National programs at Microsoft  Managing Director at Girls in Tech Seattle  Senior Investment Associate at MATH Venture Partners  Chicago Startups at Microsoft  Board of Directors - Chicagoland Entrepreneurial Center  National advisor – Pipeline Entrepreneurs  Prominent Woman in Tech – Illinois Technology Association  Mentored across Startup Weekend & Lean Startup Machine  Launched products at Bing, Office, Windows
  3. 3. This Talk… How to tap into an emerging startup ecosystem? Fundraising landscape & lessons from startups in the US Closing the gap across global startup ecosystems
  4. 4. This Talk… 1. How to tap into an emerging startup ecosystem such as Dubai? 2. Fundraising landscape and lessons from startups in the US 3. Closing the gap across global startup ecosystems
  5. 5. How to tap into an emerging startup ecosystem? Bootstrapping and building for revenue Partner across brand name mentors, advisors, emerging funds, universities, enterprises, accelerators and incubators Opportunity to solve local consumer problems Failure is OK!
  6. 6. How to tap into an emerging startup ecosystem? Solve problems for traditional enterprises Build platforms with a global rollout in mind Create a global network Cross-pollinate for local and international feedback & resources Leverage entrepreneurship courses and workshops
  7. 7. How to tap into an emerging startup ecosystem? Educate yourself about the local infrastructure across legal, finance, talent pool and access to capital Automate processes such as online payments, payroll Show up!
  8. 8. This Talk… 1. How to tap into an emerging startup ecosystem such as Dubai? 2. Fundraising landscape and lessons from startups in the US 3. Closing the gap across global startup ecosystems
  9. 9. Fundraising landscape
  10. 10. Mega trends
  11. 11. Fundraising landscape  3/4th of the capital investments occur in California, New York and Massachusetts  increased emphasis on bringing VC funding to off-the-beaten- path markets  outrageous cost of living in the major metropolitan areas  number of new Unicorns dropped significantly  decreased mega-round activity  late-stage deal sizes increased Top-tier VCs
  12. 12. Lessons from startups in the US
  13. 13. Lessons from startups with $100M+ valuations in the US High operation costs and failure to sell anything Hiring too fast and lack real operational skills Time to market Worrying about being profitable too early Building too much infrastructure too soon
  14. 14. Lessons from startups with $100M+ valuations in the US High upfront costs Changing consumer behavior with weak value prop Single point of failure Spending too much Unable to compete
  15. 15. This Talk… 1. How to tap into an emerging startup ecosystem such as Dubai? 2. Fundraising landscape and lessons from startups in the US 3. Closing the gap across global startup ecosystems
  16. 16. Closing the startup ecosystem gap In Dubai Early success stories will amplify, low competition Access to the Asian market Leverage the high mobile penetration Diversity of resources
  17. 17. Closing the startup ecosystem gap Americas-Asia-Pacific access Growing city in the MENA region Geographically poised with influx from US & UK Dubai is a strong pilot market
  18. 18. Closing the startup ecosystem gap Enterprises act as connectors Global mentor, partner and investor network Hiring from a global talent pool Opportunities to tap into US-based events for top startups Access to capital, customers and distribution channels

×